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Non-Tech : Kirk's Market Thoughts
COHR 191.91+0.5%Dec 23 3:59 PM EST
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To: Clam digger who wrote (10065)7/6/2020 5:26:10 PM
From: robert b furman1 Recommendation

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rogermci®

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TSLA is going to be the poster boy implosion when this market decides to top.

They have little to no cash flow for micycle freshening.

Their last plant was built by the Chinese.

Just compare the valuations comped to all OEM car makers.

By the time Benz, BMW, Cadillac all introduce luxury brand alternatives, TSLA will need refrsh designs - only to find it is now a fragmented competitive market.

Luxury brands are fickle buyers of those types of cars love to brag about how expensive the car is. When a new model comes out and has styling, brand loyalty goes out the window.

Not so much on lower price models, but luxury - it's always been that way.

It will be interesting to see the resale on older TSLA models.

Bob

Bob
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