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Tesla reports Q4 earnings: Weak sales and lower margins
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Tesla Thesis, price targets & 50k swing options trade

1 Tesla is currently a horrendous value play in the short term to medium term due to speculative long term growth catalysts.
2. Tesla was expected to grow 50% over year next year.
3. Cars overpriced as shit compared to increasingly similar market counterparts. Hyundai Ioniq and Ford get similar milage
4. Growth estimates started changing sometime in q3. Now currently expected 15% growth in revenue. Possible
5. Other cars are expected to grow fast in self driving.
6. Used cars saturating market.
7. Macro risks - CC/student loans(payments just started) at all time highs. Unemployment ticking up. Market at all time highs carried by chips. Fed rate hike lag effect.
8. Elon wants more shares
9. Sales causing more margins to reduce.
10) Losing market shares overseas rapidly to china. BYD is oging to be a killer once it gets Auto driving.
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