Is Now A Good Time To Buy TSLA (Tesla) Stock? (5/17/2024

Tesla is perhaps one of the most controversial companies on the stock market right now.
Is Elon Musk a hero? A scam artist? A fraud? A visionary? All of the above?
It's up to you to make your own decisions. As for me, I like the stock. And my favorite thing about it is not the electric vehicles or FSD, it is Optimus, the Tesla Bot.
I predict the Tesla Bot will become a household staple, much like personal computers are today.
Full disclosure: I own a significant amount of $TSLA stock, and have been a shareholder for about 2 years. I have purchased TSLA stock at anywhere from $100/share to $200/share and am continuing to buy more at these levels.
I am not a financial advisor and this video is not financial advice. This is simply my opinion on Tesla stock. Do your own research and make your own decisions.

[@kasmstamps1897]

Please don't interrupt institutional investors from selling any from under $200. Yep. Bots, FSD licencing, Energy storage will all be bigger than car company🤓 imo.

[@bobguy7]

Do you think JFBR is a good buy

[@your-average-investor]

I haven't heard of them. I'll look into them later and let you know what I think

[@bobguy7]

@@your-average-investor ok thanks !🙏

[@your-average-investor]

Did some research over the weekend, and I'm very familiar with the Amazon FBA business model (ran an FBA business myself for about 3 years + spent several years consulting other companies how to sell on Amazon.) JFBR is relying entirely on Amazon FBA for their revenue stream, which is spooky imo. Amazon is a fickle lover and is known for changing something small and hitting thousands of sellers at once with the ban hammer if they decide they want in on a category. Jeff Brands is focused on pest control which Amazon is not currently in . . . if Amazon changes their minds . . . goodbye JFBR The numbers don't look too promising either. According to this latest report, they are burning through cash like crazy and only still in business because they raised about $7m in a PIPE offering. finance.yahoo.com/news/jeffs-brands-revenue-2023-ramps-132000318.html On the positive side, running an Amazon FBA business is quite scalable and the only capital required (for the most part) as you scale up is COGS. So if JFBR does start turning a profit and plays smart in more SKU expansion, I could see a turnaround happening. As for me, I'll be avoiding the stock for now.

[@jeremyPieLover]

Wtf Tesla stock is much much higher than 12x since ipo

[@your-average-investor]

lol you’re right - my think or swim data must have not have been displaying properly. In my head as I was doing the calculation on the fly I was like “there is no way this is accurate but it’s what the numbers are saying”

[@aerohk]

​@@your-average-investor$TSLA IPO price was $1.13 adjusted for stock splits, the gain is insane by any measure.