Tesla Stock: Prepare for a Drop Before the Next Leg Up

InvestorPlace2023-11-16

Tesla (TSLA) is taking steps to commence operations in lithium-rich Chile.However, Tesla got slapped with a bearish analyst price target.Investors should be patient and wait until TSLA stock is ...

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Comments

  • Strategy 1
    2023-11-17
    Strategy 1
    I do agree broadly with the analysis. Cypertruck may cause a temporary spike up but as musk said it won't be profitable for a while. If Tesla can release the cybertruck together with releasing FSD 12 that would be best. And then wait & see the FSD reviews whether its really class leading, if yes it could push the stock up  
  • a4xrbj1
    2023-11-16
    a4xrbj1
    I agree and while I see some uptick from the Cybertruck event on 11/30, reality will kick in shortly after and lead to a slide down. The longer FSD isn't going out of Beta the pressure on the share price will mount. Two weeks Elon time isn't 2 weeks in the normal world
  • Coldastone17
    2023-11-16
    Coldastone17
    Is this a bias news to make people sell? So tat prices will drop low for a buy in? Dont be fooled
    • a4xrbj1
      Ok, CT has launched and Q1 deliveries are out. You’re still bullish? Charts tell you the past or at best support/resistance lines but thats it
    • Coldastone17
      I dont need to tell u why will go up. I have been a swing trader for Tsla. Maybe u wanna look at ur 200MA charts and see how it behaves. Also the their ev truck is launcing end Nov..i leave it to ur own call
    • a4xrbj1
      Huh? Its a prediction that the price will go down with some good reasoning. How about you let us know instead why you think it will go up? Please tell your reason
  • Satsanga
    2023-11-16
    Satsanga
    👍
  • neo26000
    2023-11-16
    neo26000
    InvestorPlace is going to be the Magnificent 8th. Since it can always predict ups and downs.[Cool]  
  • MIe
    2023-11-16
    MIe
    Tesla is a ai big tech global company with autonomous driving , robotics upside
    • a4xrbj1
      Yeah but none of that is significant now. Its a future play but too far out at the moment (except FSD)
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