$TSLA: Beyond Cars – Is the Hype Train Derailed?

Okay, folks, let’s talk $TSLA. I used to be a hardcore Tesla fanboy, invested early, owned everything they made. But I sold it all last November and started shorting $SPY. Here’s why I think the long-term vision is broken, and why $TSLA might be in its LPSY (Last Point of Supply) phase according to Wyckoff distribution.

First, the Supercharger network. Musk had the chance to be the Rockefeller of EVs, controlling the entire energy pipeline. But disbanding the Supercharger team? Huge strategic misstep. Fewer new stations, declining reliability, rising costs… it’s not the seamless ecosystem it once was.

Then, robotaxis. Let’s be real, Waymo is years ahead. $TSLA’s FSD is still Level 2, requiring constant supervision. Waymo’s already operating Level 4, driverless robotaxis in multiple cities. The robot, Boston Dynamics is years ahead in terms of real-world functionality.

So, is $TSLA still “more than just a car company?” It was. Now it’s an overvalued car company trying to catch up in robotaxis and robotics.

And let’s talk about the economy. I think we’re heading for a recession. Look at LVMH, the luxury goods conglomerate – its stock is down, reflecting weakening demand. $ABNB is also seeing a decline. Luxury spending is the first thing to get cut when consumers feel insecure.

I’m not saying $TSLA will crash tomorrow, but the economic data over the next six months will likely confirm what many of us already feel: a recession is on the horizon. Protect your assets, reassess your positions. Losing less is always better than losing more.