As Tesla plunges, what's behind the stock's recent moves?

seekingalpha2021-03-08

Besides a broader correction that has weighed on tech stocks in recent weeks, the halo of electric vehicle sectorhasbeen fading. That can be clearly seen with poster EV maker Tesla(NASDAQ:TSLA), whose...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

All in Tesla
2021-03-09
All in Tesla
Best time to buy!! Always buy at the dip and hold.. strong conviction Tesla will skyrocket to the moon
cheryltanat
2021-03-09
cheryltanat
Someone is shorting tsla. We must buy and hold and destroy the hedge fund.
UTOtrader
2021-03-08
UTOtrader
Sell n take profit
SHELBY
2021-03-08
SHELBY
Tesla rise pls
JaNice
2021-03-08
JaNice
Strong faith in Tesla!
- Deont:
  Cant agree more
Tbf
2021-03-08
Tbf
Time to buy more
- JaNice:
  Yes! Please comment on my comment

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1101320011?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-08 18:06","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"1101320011","market":"us","top_or_hot":-1,"title":"As Tesla plunges, what's behind the stock's recent moves?","media":"seekingalpha","content":"<div>\n<p>Besides a broader correction that has weighed on tech stocks in recent weeks, the halo of electric vehicle sectorhasbeen fading. That can be clearly seen with poster EV maker Tesla(NASDAQ:TSLA), whose...</p>\n\n<a href=\"https://seekingalpha.com/news/3670111-as-tesla-plunges-whats-behind-the-stocks-recent-moves\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As Tesla plunges, what's behind the stock's recent moves?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs Tesla plunges, what's behind the stock's recent moves?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 18:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3670111-as-tesla-plunges-whats-behind-the-stocks-recent-moves><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Besides a broader correction that has weighed on tech stocks in recent weeks, the halo of electric vehicle sectorhasbeen fading. That can be clearly seen with poster EV maker Tesla(NASDAQ:TSLA), whose...</p>\n\n<a href=\"https://seekingalpha.com/news/3670111-as-tesla-plunges-whats-behind-the-stocks-recent-moves\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://seekingalpha.com/news/3670111-as-tesla-plunges-whats-behind-the-stocks-recent-moves","article_id":"1101320011","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1101320011","pubTimestamp":1615197999,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Besides a broader correction that has weighed on tech stocks in recent weeks, the halo of electric v","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"随着特斯拉的暴跌，该股最近的走势背后是什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Besides a broader correction that has weighed on tech stocks in recent weeks, the halo of electric vehicle sectorhasbeen fading. That can be clearly seen with poster EV maker Tesla(NASDAQ:TSLA), whose shares aredown nearly another 6%in premarket trade to $560. The company led by Elon Musk has seen its shares fall from an intraday high of $900.40 at the end of January, to a low of $539.49 on Friday, marking a40% plungeover the course of six weeks.\nWhat happened?Frothy valuations are having a reckoning, while semiconductor shortages have caused many automakers to temporarily close some lines at their factories. There has also been an onslaught of EV competition from Ford, Volkswagen and Lucid Air, while others, like former Tesla board member Steve Westly have suggested the automaker is \"not going to be king of the hill in electric forever.\" There have been additional concerns like Musk's Bitcoin purchases, and some big Tesla backers have even cashed out a chunk of their stakes like famed investor Ron Baron (he still hopes to hold stock for years, but also invested in two rivals GM-owned Cruise and Amazon-backed Rivian).\nThe moves have meanwhile triggered a diversification reassessment of how much exposure investors should have to high-flying shares that offer \"big potential,\" but not necessarily big profits (at least in the near term). Take for example Cathie Wood's ARK Innovation ETF(NYSEARCA:ARKK), in which Tesla shares account for about 10% of the fund. The ETF isoff another 4.8%premarket to $111.50 and isdown 30%since the end of January.\nThought bubble:While it's still up for discussion how long all this will last, market cycles have been increasingly moving at a rapid pace in the current trading atmosphere. It took just 16 trading days for the S&P 500 in 2020 to fall from its record into a bear market, and its rebound was the quickest bear to bull market recovery in history. The pace of action is even more pronounced in speculative corners of the market (think GameStop), but has also manifested in Tesla itself. After a S&P 500 inclusion announcement on Nov. 16, sharesrocketed 120%- from $408 to eventually $900 - in the span of ten weeks.\nLast week, the electric vehicle stock selloff was calleda \"massive\" buying opportunity at Wedbush.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":329592982,"gmtCreate":1615256122046,"gmtModify":1704780194287,"author":{"id":"3577580366301047","authorId":"3577580366301047","name":"All in Tesla","avatar":"https://community-static.tradeup.com/news/8db11f6e6a9a2a52850e734188850dc2","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3577580366301047","authorIdStr":"3577580366301047"},"htmlText":"Best time to buy!! Always buy at the dip and hold.. strong conviction Tesla will skyrocket to the moon","listText":"Best time to buy!! Always buy at the dip and hold.. strong conviction Tesla will skyrocket to the moon","text":"Best time to buy!! Always buy at the dip and hold.. strong conviction Tesla will skyrocket to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329592982","repostId":1101320011,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":329669838,"gmtCreate":1615243873924,"gmtModify":1704779970065,"author":{"id":"3576558451806203","authorId":"3576558451806203","name":"cheryltanat","avatar":"https://static.tigerbbs.com/43cc8fe83faade345cc7c942dc54d20a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576558451806203","authorIdStr":"3576558451806203"},"htmlText":"Someone is shorting tsla. We must buy and hold and destroy the hedge fund.&nbsp;","listText":"Someone is shorting tsla. We must buy and hold and destroy the hedge fund.&nbsp;","text":"Someone is shorting tsla. We must buy and hold and destroy the hedge fund.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329669838","repostId":1101320011,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":329190589,"gmtCreate":1615214005141,"gmtModify":1704779652037,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"htmlText":"Sell n take profit","listText":"Sell n take profit","text":"Sell n take profit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329190589","repostId":1101320011,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":329323052,"gmtCreate":1615210114676,"gmtModify":1704779583514,"author":{"id":"3574130506412388","authorId":"3574130506412388","name":"SHELBY","avatar":"https://static.tigerbbs.com/8ea388783a3408018293b98b9d8e4c4a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574130506412388","authorIdStr":"3574130506412388"},"htmlText":"Tesla rise pls","listText":"Tesla rise pls","text":"Tesla rise pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329323052","repostId":1101320011,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":329381834,"gmtCreate":1615208533928,"gmtModify":1704779558838,"author":{"id":"3574939383328580","authorId":"3574939383328580","name":"JaNice","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574939383328580","authorIdStr":"3574939383328580"},"htmlText":"Strong faith in Tesla!&nbsp;","listText":"Strong faith in Tesla!&nbsp;","text":"Strong faith in Tesla!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/329381834","repostId":1101320011,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3743202,"gmtCreate":1615209471998,"gmtModify":1680779569136,"authorId":3572949737859102,"author":{"id":3572949737859102,"idStr":"3572949737859102","authorId":3572949737859102,"name":"Deont","avatar":"https://static.tigerbbs.com/b69cb3aef6e3479f1dd8cb3e0eda4f60","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":329381834,"type":1,"supId":0,"prevId":0,"content":"Cant agree more","text":"Cant agree more","html":"Cant agree more"}],"langContent":"EN"},{"id":329316164,"gmtCreate":1615207606858,"gmtModify":1704779547303,"author":{"id":"3563947170278378","authorId":"3563947170278378","name":"Tbf","avatar":"https://static.tigerbbs.com/6f5916e07776e7471486e862ff1bb6ee","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":0,"idStr":"3563947170278378","authorIdStr":"3563947170278378"},"htmlText":"Time to buy more","listText":"Time to buy more","text":"Time to buy more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/329316164","repostId":1101320011,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3743071,"gmtCreate":1615208554172,"gmtModify":1680779575278,"authorId":3574939383328580,"author":{"id":3574939383328580,"idStr":"3574939383328580","authorId":3574939383328580,"name":"JaNice","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":329316164,"type":1,"supId":0,"prevId":0,"content":"Yes! Please comment on my comment","text":"Yes! Please comment on my comment","html":"Yes! Please comment on my comment"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":40,"commentSize":37,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1101320011"}