A more aggressive approach may be required if the price breaks due the news this weekend of quality issues and warranty costs climbing. This may require a wider risk to reward ratio due to the possible retracement.
Good luck to all!
I am long term bearish until this company no longer relies on government assistance and truly turns a profit. The hype will continue until reality unfolds in the future.
Don't get me wrong, I am a fan of all vehicles including electric cars. But business is business, cash flow is king!
The $24 question is will the "hype" continue? I really loved the article I saw on the internet this morning about Musk's "Master Plan"! I believe I know his personal "master" plan and the stock price has to maintain or rise for him to financially benefit. A person only has to research his compensation, basically he does not receive a salary and is only compensated by milestones that are not related to profit.