I am working on a longer term TSLA update that will address the truly transformative battery technology described by Elon Musk and his engineers on Battery Day. Ramifications from this breakthrough for the company will guide market valuation and share price over the next 2-4 years. There is every reason to believe that by the end of 2023 Tesla will be the most valuable company in the world, a spot now owned by Apple at $2T. That puts a floor of $2,000 per share and based on a best case revenue scenario, double that. For everyone who was persuaded by my original TSLA write-up into investing in the Jan 2021 $84C (split-adjusted), now up close to 5,000%, you will not take too much convincing. Nor should it take too much persuasion for anyone who did not act on that long-term option trade. TSLA remains the trading and investing opportunity of lifetime (mine and yours) with an absolutely extraordinary risk:reward profile...most all of which is on the reward side of the equation. Look for this new TSLA update later this week.
