In the grand theater of finance, where titans clash and egos soar, Tom Lee, the sage of Fundstrat, remains steadfast in his bullish embrace of Tesla (TSLA). Even as the tempest brews between the illustrious Elon Musk and the ever-controversial President Trump, Lee stands undeterred, like a lighthouse amidst a stormy sea.
In a recent video update, our intrepid analyst unveils a long-term chart for TSLA, revealing that despite a 40% plunge from its celestial heights, the stock is merely flirting with a support level from yesteryears. Ah, the nostalgia of financial charts!
“Tesla investors are seasoned sailors in these turbulent waters. If you squint and gaze back to 2010, when the stock was a mere $1, now soaring to $280, this recent dip appears as nothing more than a gentle caress back to support. The long-term horizon remains as bright as ever for Tesla,” he muses, perhaps while sipping a cup of optimism.
Lee continues, listing a cornucopia of bullish developments for Tesla, assuring us that Fundstrat is not losing sleep over TSLA’s recent price dip. After all, who needs sleep when you have electric dreams?
“Let’s take a moment to appreciate Tesla’s competitive prowess. They lead the charge in EV design, dominate the manufacturing of electric vehicles, and are on the brink of unleashing a robotaxi product next week – yes, next week! And their robotaxi design? It’s like a bargain bin special, costing a mere one-fourth of the nearest competitor,” he declares, perhaps with a wink.
“And let’s not forget the Optimus Robots on the horizon… and maybe even drones in the future. When you survey the vast array of products Tesla has in its arsenal, it’s hard not to feel a twinge of envy. And there’s the tantalizing prospect of merging with xAI, their AI unit that also owns the platform X.com, formerly known as Twitter. What a time to be alive!”
“With all these innovations, Tesla retains its unmatched advantages, and thus, we remain unperturbed by the recent decline,” he concludes, perhaps with a smirk, as if to say, “What’s a little dip among friends?”
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2025-06-09 12:23