Tesla - a powerhouse or a has-been? \ stacker news ~Stacker

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281 sats \ 6 comments \ @cryotosensei 27 Jan Stacker_Stocks

The stock investing industry in Singapore is replete with competitors. Whenever a new brokerage comes into town, it will attempt to grab market share by distributing fractional shares for free.

Webull enticed people to register an account with it by organising a lucky draw raffle. Yes, I did sign up. I never say nope to money for minimal effort.

My spin garnered 5 US$10 worth of Tesla shares.

Ngl, it has been fun logging in from time to time and watching the price rise. Here’s the value of my $50 currently:

Which is nothing short of amazing since the prevalence of China-made electric cars seems to have eroded Tesla’s dominance. Or am I misreading the noise and fail to appreciate that Tesla is the King of the Jungle?

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29 sats \ 0 replies \ @BlokchainB 27 Jan

Tesla is king of the story but they have bitcoin on the balance sheet.

Yeah WeBull had a huge marketing push around the time us Americans were on lockdown

24 sats \ 2 replies \ @Bell_curve 27 Jan

WeBull is a good service

Tesla is still King but has lost market share

where will these Chinese electric cars be in 5 years? I suspect chinks in their armor, pun intended

93 sats \ 1 reply \ @cryotosensei OP 27 Jan

Cool.

I didn’t realise WeBull is available in the States as well. I always assumed it’s a Chinese brokerage

0 sats \ 0 replies \ @Bell_curve 28 Jan

WeBull became popular in 2020 during covid shelter in place

42 sats \ 0 replies \ @catdaddysoprano 28 Jan

Personally, not convinced that Tesla will compete in Chinese markets given the affordability of the competition. Elon is correct in his statement in one of the recent quarterly earnings calls: if you're believing in Tesla, it's for the autonomy.

Tariffs will help Tesla out but betting on them as a car company - even an electric car company - is to me the wrong thesis.

0 sats \ 0 replies \ @HardMoney 9h

The interesting thing about Tesla imo is everything it’s doing outside of cars. Have that robotic, energy system, and ai exposure beyond classic vehicle manufacturing