TSLA - A consolidation entry point for the long term investors?

If you believe all of the myopic experts that value Tesla (TSLA) only as an automobile business, please do not read this.

On the other hand, if you understand the value of Tesla as a future SaaS company, an energy storage company, a RoboTaxi company, and a robotics company, you may want to research Tesla's future potential even further at this price. We may be at a very interesting inflection point.

Be aware that this week we will also learn if Elon Musk's pay package is approved, so there could be some volatility this week based on the outcome of that announcement. Details here: https://www.cnn.com/2024/06/09/business/elon-musk-pay-package-shareholder-vote/index.html

Another way to play this?

TSLY is an options strategy ETF. Be warned, these single-stock option strategy ETFs can be very volatile and are not for the faint of heart. On the flip side, the monthly yields are very high. For example, TSLY's June 9th payout was over 45% annualized. If you think Tesla has a future and that TSLA's bottom is in for this business cycle, you may want to research further and consider slowly nibbling in with small positions over time with a mix of TSLA and little TSLY during this consolidation period.

This is NOT financial advice. This information is provided for entertainment purposes only. Investing is risky and can result is significant financial loss. Do your own research!