$Tesla Motors(TSLA)$ just broke out of its 2+ years downtrend channel following better-than-expected 2Q deliveries that grew 14.8% sequentially but still down 4.8% annually.
The problem is China sales for the company are down 24.2% in June on an annual basis, while the company tries to revive demand with 0% loans.
More price cuts in store? Would be good to wait for a confirmation of this BO.
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https://x.com/BrianTycangco/status/1808352343827927477
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