Tesla's recent performance and the pessimism surrounding its future trend suggest caution. While Cathie Wood's ARK ETFs has added more Tesla shares, which may indicate confidence in its long-term potential, I think bottoming at $120 or $110 could be risky due to ongoing volatility.
$Tesla Motors(TSLA)$
At What Price Would You Bottom Tesla?
Tesla lost 5% yesterday. It delivered 386,810 vehicles in Q1 against the estimated 449,080, according to Bloomberg consensus.
Cathie Wood's ARK adds more Tesla stock.
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At what price will you bottom Tesla?
Will you buy Tesla at $150 or lower?
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