As the supply chain and materials bottlenecks ease, Tesla is concurrently having more factories ready, existing facilities expanded, and more new markets opened up, way earlier than competitors.  Russia is calling Tesla to come over, so is India, Africa,  the Middle-East, Indonesia and Australia.  The brand blooming everywhere,  like sunflowers across the fields. 

Rocketing during a bear market, and from The Most Over-valued to  Even more over-valued !鹤立鸡群 !

Within 1 year, semiconductor stocks will crash and some will bankrupt because many governments  have discovered the urgency to have their own production of such new generation of necessities. As a result,  there will be over-supply and chips will become too cheap.  The sales cannot recover the building costs.Mark my prediction. 

The Change of Tide has come

Some companies report good results but share price drop after news. Xpeng share price jumped up big after a loss quarter.  

S&P keep rising to new high

The American markets do Not closely follow logic and rational planning anymore .  The numbers are being manipulated for individual gains, Not for societal needs, even by the handful who are in-charge

Steel Dynamics  is making the special cold-pressed steel for Tesla to use in making CyberTruck. Both companies are in Texas. The Steel Dynamics factory is almost ready.

Elon joked today that he wanted to quit all jobs to become an influencer. Then Tesla stock fell, haha. 

Walmart sells food and daily necessities which are defensive across  economic cycles.

Even Apple's old co-founder just said a few days ago that he couldn't tell the difference between the new iphones and the old ones.

Just hours ago, China has reported that its 3rd quarter Gross Domestic Product has only grown 4.9% compared to a year ago and this is below expectation.  USA's GDP growth is projected to slow down from 6.9% of 2021 to 3.9% of 2022.  Many companies ' earnings in the coming quarters aren't expected to be spectacular. 

Rent, labour cost and bank interest are ongoing concerns  but supply chain bottleneck will drain dry the cash reserves of many companies,  which will then end up bankrupt and bank loans will become uncollectable bad debts. Multi-industry-wide , many times that of Evergrande, awaits in the horizon. 

Tesla phone, announced as Model  Pi, will further reduce Apple's phone market proportion from 2022 onwards. 

Tesla's complete financial report will not only include vehicle sales but also Power supply to Texas and  electricity supply for Apple, Sales of Wine and Sexy Pants, auto insurance,  solar roofing and software sales.

India is  infamous for being protectionist and nationalist,  making the introduction of foreign businesses into India very problematic.  The abuse of red packets is another problem. 

Build more factories or expand the current ones.  Don’t  disappoint potential customers

Yay !  Start of celebrations for months on DWAC