After the US stock market yesterday $Tesla (TSLA.US)$ The financial report for the third quarter of 2023 was announced. Due to many previous price cuts, the market already anticipated that the financial data would not look very good, especially the gross profit margin. The stock price plummeted 4% after the financial report came out, which also showed that the market was not satisfied with the financial report.
My friends who are familiar with me know that I've written several articles about Tesla since last year, starting with a stock price of 100 to 200. The previous article basically expressed an opinion:Tesla's business is diversified and clearly underestimated. 100 is the bottom of history, and 150 is seriously underestimated. So I myself bought Tesla twice in 125 and 150, and sold it around 200.However, it's not the same now. Tesla's stock price had reached 300 some time ago, tripling from the previous bottom, and Tesla's gross margin has dropped drastically due to continuous price cuts.I personally never dared to get started. It can be said that the previous 100,150 Tesla was seriously underestimated, but now the Tesla valuation model has changed. Tesla over 200 is not cheap. If you are interested, you can also read my previous article.
I wrote a few links to articles about Tesla during the previous Tesla crash:
Can Tesla hit the bottom after the collapse?
Electric Vehicle Alpha Market Individual Stock Tesla - Tesla Q4 Earnings Forecast
Interpretation of Tesla's 2022 Q4 earnings report — tennis or eggs already has an answer
Among them, this article was fortunately written by a brokerage firm...