$TSLA: Catches Fire In EU Deliveries & Breakout!

Tesla moved back into 2nd place for EU deliveries for this current quarter, Q3 2022.

Five or six weeks ago, Tesla was at 2.5%.

Definitely some end of quarter stuffing going on here now:

Tesla at 8.0% market share of all 15 EU countries which supply the registration info to this website.

Congrats to you $TSLA longs for your conviction.


Also, $TSLA breaks out on the daily and weekly charts today. Would like to see some consolidation soon as other EV stocks are showing big moves as well and it’s like a FOMO moment in EV stocks as this sector outperforms Tech overall.

$TSLA daily chart (broke out from down trendline)


$TSLA weekly chart (broke out above horizontal resistance)


$TSLA monthly chart


Congrats to you $TSLA longs for your conviction. – PT

The more ya know…

In this case, there are several major (perhaps unlikely) risks:

  • Something bad happens to Musk

  • China does something severe. Invade Taiwan, shut down US companies in China. Stuff like that.

  • Major war, major pestilence, major social upheaval… stuff like that.

  • Federal Reserve, or other major Federal, foul up.

You’ll note that only one of them are specific to Tesla. All other risks I see are minor. Tesla is on a roll that “the competition” will not be able to respond to in the 2020s. Maybe later. Maybe not.

Wild card: Seems crazy, but if the Tesla robot meets it’s functional goal anytime in the 2020s, it’ll be bigger than Tesla vehicles. I think it’s a high probability, but I don’t figure it into any of my investment planning. Musk says he’ll have a robot intro at the end of this month. And production in 2023. I doubt 2023. But I think a useful (factory worker performing human function, perhaps a home assistant), “cheap” ($100k?) robot will show up in this decade.

If I were a random reader of the above, I’d think “This guy is nuts.” LOL. And while there has always been a bit “nuts” with me, there is a lot of rationale behind this investment. How will the market value Tesla’s growing cash flow? THAT is something I don’t know. Hopefully a lot. LOL

Former RB and BL Home Fool, Supernova Portfolio Contributor & Maintenance Fool
He is no fool who gives what he cannot keep to gain what he cannot lose.

“The whole secret of investment is to find places where it’s safe and wise to non-diversify. It’s just that simple. Diversification is for the know-nothing investor; it’s not for the professional.” Charlie Munger

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