$Tesla Motors(TSLA)$ The latest robotaxi news has opened a new can of worms for TSLA as the company delivers the cars in late October 2024 as promised. However, Elon Musk has been known to postpone announcements at his whims and fancies. One must be prepared for a rundown of its shares should this happen once again. Then again if all goes well as announced, TSLA should be able to head towards 240 and beyong. Hence the better way to trade TSLA is to play on its huge price momentum swings. Buy on the lows and sell when it u-turns up is a good strategy for now. I expect the share to return to 230 before it retraces down again to the low 218/219 levels before the robotaxi event, and if all goes well, TSLA should moon to 240 and then head for 250 !
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