Bull Run confirmed
$Tesla (TSLA.US)$ According to the Morgan Stanley’s investor survey, investors are super negative on Tesla. More than 75% says Tesla will bottom at 150, 50% says it will underperform the S&P.
2 reasons why I say bull run confirmed:
1. We are seeing peak negativity from investors. This means low expectations from them even though data has been much better compared to 2023 (look at new car sales in China). The only way is up when peak negativity starts to turn to positivity.
2. According to the survey, investors still think Tesla is only a EV company. If you have an IQ higher than them, you would google Tesla and read their home page. It literally stated the answer there. However, these investors only listens to sell-side analysts who earns money by getting people to listen to their tips. Typical salesperson.
All these reiterates my bull run confirmed. Sit tight and once these investors wakes up, they will FOMO like $NVIDIA (NVDA.US)$and $Super Micro Computer (SMCI.US)$
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Bullsheet : Haha that’s too funny.
SPACELIGHT : Get your kicks on route 66.