The Investment Thread

I think TSLA's strategy got them. No new products for 2022. A focus on robots being a distraction. And just the overall supply chain issues. The only good news, besides being very profitable, was the GigaAustin plant starting to come on line with pre-production well underway for the Model Y. A lot of TSLA's value is speculatory and if they aren't pushing future growth, that speculation wanes. This is especially true after the Fed's announcement.

Frankly, I hope it drops a lot more. I want to buy a lot.

Same goes for Rivian (RIVN). They have hit 52 wk lows for three days in a row. I bought them at $100, but sold at $127. Now it's down to just above $53. I think it could go below $40. I still think it's a very good long play.