Buying on dips and then flips is not committing yourself. You either go long and strong or you don't truly believe your own hype. I've committed to several stocks that I truly believed had vision and legs to it, stayed long and continued to grow my holdings. I've also bet on some losers - wawa.... but Tesla isn't one of them. I myself have bought on the dips in Tesla and knowing there's a strong following of Musk (not necessarily Tesla) that I'd be rewarded for short term gains.
With all the hype and promise of Tesla, they have under performed the S&P, YTD, 1 year, 3 year and 5 year, and fallen well short of Nasdaq. That seems to be a telling story on market rewarding Tesla.
With Lucid and NIO there def appears to be interest in long term on EV, but with other car manufacturer's already in the mix it's going to get crowded before Tesla gets head above the waterline.
Remember, this isn't a thread on the future of EV but specific to Tesla. With the lack of skilled leader, a Board that concedes control to Musk, a crunch on cash (especially in light of convertible bonds coming due), growing # of players in the market, design that is getting stale looking (look at what Lucid and NIO are proposing) and hybrids that have made significant improvements, production issues, delivery issues, repair center issues, limited dealerships, etc.... And while autonomous sounds intriguing, I just don't see that viable in the broader market. These things all make Tesla not a long term play for me. If they do crush it, it won't be the first I've missed out on.