Cathy Wood once said, if she is allowed only to buy one US stock, she would choose TSLA, for it is an all in one stock.
The sales of e-car sales can put aside, but the Full Self Driving (FSD) will be matured at level 14 in September. The robotaxi fleet is now running in California and just entered into New York for trial purpose. Unsupervised Full Self Driving will be ready for commercial use by the end of this year. Henceforward, it is no need to apply for a driving license again, everyone can jump into a FSD car and just give order like to a robotaxi.
Humanoid robot Optimus will have 5000 sets manufactured in Dec 2025 and next year will produce 50,000 sets. By 2040, there will be 8 billion humanoid robot on earth which is more than human being. But the change is in front of us now, no need to wait for another decade. For the time being, robots are divided into several categories, like domestic use, factory production and warehouse management and medical operation … etc but in 2027 year, they will be an all in one robot.
This week the Neuralink already had some breakthrough, they use AI to help paralyzed person to control the computer and can talk with the outer world. In 2028, AI Neuralink can made the blind to see, the deaf to hear, the paralyzed to walk ….. it is not a biblical story, but implanting chips to the brain of human being by super-AI on earth. Very soon, human brains will be merged together with computer, it is not a scientific movie in Hollywood, but now happening in our daily life.
The seven companies of Elon Musk are having seven revolutions in the society, in the past may be need seven giants of history come together to change the world, but now only one person can do the magnificent job of seven giants. So AI can change the world is not a story of tomorrow, it is a story happening in our daily life every day, now and forever, don’t say tomorrow anymore.
Let’s go to chart analysis of TSLA, in the first half of this year, it dropped greatly together with AMD, and I told investors not to touch them until the Six Star Alignment in August. One thing to mind is that the Microsoft AI suggested to buy between $289 and $313, but better under $300.
On July 24th it reached $300.41 and rebounded, some thought that it would not come down again, and some expected it still would have a further dip. At length it reached $297.82 on August 1st, but for a short while only. So if you do not place limit order, may miss this chance. Some said that the target of $300 is just a rough estimate, better buy it at $302 or $304 or else may miss the chance, but some even said can buy at 298 or 296 or lower for it is just a rough estimate. Actually, it depends on technical data, every time is not the same.
It has been forming a symmetric triangle since June, that means the lowest point are going higher and higher every time, therefore the target of $300 should be place higher to $302 or $304, if placed on lower side $298 or 296 may miss the chance.
Such as in Dec 2024, during the rise, a lot of people said the resistance is at $500, some said that it is just a rough estimate, so some said can take profit at $510 or $520 if you have confidence, some said better take profit at $490 or even $480, don’t mind that small amount. And at last it touched $488 only and came down, so for those that wish to wait and see the $500 are bounded until now and missed a lot of chances. For in November it already formed a Truncation of Wave 5.
Anyway, in the early stages of the Symmetrical Triangle, the writer said it was in hibernation and later said half awakening and half sleeping. Now, the symmetric triangle is transforming to a symmetric clinging upward triangle, not yet ascending triangle.
The AI has given a 5 year forecast of TSLA, but please be make sure the blind point of AI is that it cannot forecast when will the golden pit occurs, and when will TSLA or Elon Musk the superman opens another new page for the whole human being.