LONGTERM INVESTING TESLA

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TSLA

Hi, Traders! This is my take on Tesla.
Tesla as a brand is more than just a car company, is a lifestyle choice,has something religious to it. People that buy Tesla love the car and the company and the concept it represents. Its a brand that causes enthusiasm in its investors as well, the small investor in Tesla wants not just to invest in the company but in the Future and the dream that Tesla engulfs.

Fundamentally from the financials standpoint Tesla till now seems as a company that can survive and grow but not explode like Apple. Elon is managing a company but also a charity for the environment. I think for the company to really explode it has to view itself as a tech company more than a car company, its has to offer payable services like Apple and think for the environment as much as the Stock-owner.

Third from the Technical standpoint the company is reemerging from the dead, It found a good support at 182 value, and now is finding its new support following the 80 period EMA on the Monthly chart. In the future i think the concept, the company and the price can grow and reach and stabilize around the 289 value most primarily because the company has a great brand that people like and are enthusiastic about, even if the company doesn't do good financially it has the tendency to get overvalued.

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Thank you for your support!

Z.