JP Morgan Price target-what a joke

[That Beast Mode]

Nothing really to discuss. We see eye to eye on this and as a result TSLA is and has been for some time a significant portion of my income and net worth.
If anyone else sees it as a “meme” stock or wants to take the JP Morgan approach, they are free to do so. I will continue to invest here.

I hope they take the JP approach, because when JP shouts fire and everyone panic sells, I buy more shares on the cheap - I can guarantee you JP is doing the same. Look how long they were bashing Bitcoin, only to invest a ton into it at the same time.

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[That Beast Mode]

Staying level headed in the face of madness is a valuable skill and that pays. I’ve made an entire career out of it just in a slightly different way than you guys.

I would hope you stay level headed In your career.. lol. But as you stated, you've held Tesla shares through all the short term nonsense, so you're playing that level too.

 

[hemiarch]

I hope they take the JP approach, because when JP shouts fire and everyone panic sells, I buy more shares on the cheap - I can guarantee you JP is doing the same. Look how long they were bashing Bitcoin, only to invest a ton into it at the same time.

When you’re an investment firm that large and that respected, I think it’s fair to say you can more than subtly manipulate the market.

 

[CyberJay]

That sounds considerably more realistic. So what drives a firm like JP Morgan to come up with a figure like that? Is it politics or do they genuinely believe that?

Many numbskulls value Tesla as a car company… not a … er.. um … Robotics and AI company…

 

[jimbobb23]

I don't think you know what "meme stock" really means. But I've seen a lot of people making the same mistake, so maybe you are just latching on to their characterization, thinking those people know what they are talking about. Hint: they don't.

Without getting into a deep dive of the history and meaning of the phrase, one key requirement to be a meme stock is that retail investors on Internet forums create a frenzy of buying activity which pushes the valuations far beyond anything that could be justified by the actual business prospects. A meme stock is a junk stock that is pumped on places like Reddit, and that individual investors with some capital to play with pump into the stock, hoping to sell for more if the buying frenzy continues.

TSLA doesn't fit that mold because the valuation is primarily determined by big institutional investors (since they are the largest holders of the shares, even at current prices). The valuation of Tesla is supported by big brokerages like Wedbush Morgan's Dan Ives (and plenty of other serious analysts) by modelling it's actual earnings prospects, not a frenzy of buying by retail investors on Reddit without concern for whether future revenue can support the valuation. A meme stock is a kind of joke stock.

Tesla is a very large multi-national corporation with massive engineering and manufacturing expertise and many irons deep in the fire, from AI computing, humanoid robots, robotaxis, electric heavy truck manufacturing (that will likely become autonomous in the foreseeable future), fast growing grid-scale energy storage systems with growing and enviable margins, their leading Autobidder software (that is very profitable for those in the wholesale energy markets), all of these businesses have incredible profit and growth potential that actually has a high likelihood of happening. TSLA is far from a meme stock, that's just what the Tesla haters call it. Don't mimic the Tesla haters, they are tools.

Thanks....I think my usage is reasonable but I appreciate what you are saying. To clarify...I own telsa stock and think it's going higher...but I am not confident enough to buy at 400. We will see how it goes. My biggest concern is can Elon stay locked in. But Telsa has a lot going for it. For example having a conversation with a friend who just bought an X and one who wanted to buy a Lucid Gravity. He didnt even know the Gravity didnt have self driving. People just dont know how far far ahead some of teslas tech is.

 

[hemiarch]

Thanks....I think my usage is reasonable but I appreciate what you are saying. To clarify...I own telsa stock and think it's going higher...but I am not confident enough to buy at 400. We will see how it goes. My biggest concern is can Elon stay locked in. But Telsa has a lot going for it. For example having a conversation with a friend who just bought an X and one who wanted to buy a Lucid Gravity. He didnt even know the Gravity didnt have self driving. People just dont know how far far ahead some of teslas tech is.

No matter how dumb you think people are, they usually figure out what’s best when it’s time to write the checks. Like you said…miles ahead.
And I really do believe in the idea that Optimus has the potential to be the greatest selling product of all time. It’s incredibly universalizable and useable for thousands of industries/applications not just as a novelty service item but to actually make money for smaller businesses.

 

[Kenneth K.]

JP Morgan is either shorting or they want gullible investors to sell so they hoarding more Tesla shares at lower price.

 

[PhilEsq]

Ok then. I guess JP Morgan and clients should not buy TSLA until they see an opportunity below $150.
Good luck to them.

I'll celebrate my paper loss and invest my entire equity line at that price.

 

[hemiarch]

I'll celebrate my paper loss and invest my entire equity line at that price.

Likewise.

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