Endorsement Turns to More Drama: Will Protests Drive Tesla Below $200?

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Tiger_comments
03-21
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A movement against $Tesla Motors(TSLA)$ will take place on March 29 at 277 Tesla showrooms and Supercharger stations across the US. Initially targeting Musk's political activity, especially his close relationship with Trump and his role in "Department of Government Efficiency," the protests have turned violent.

Tesla stores have been shot at, cars burned, and Supercharger stations and owners' vehicles damaged. President Trump called these actions "domestic terrorism," and Attorney General Pam Bondi vowed to bring those responsible to justice.

The bulls' impact is so limited now?

The only notable Tesla bulls being Trump and his administration. U.S. Secretary of Commerce Howard Lutnick publicly urged people to "buy Tesla" stock during a television interview on Wednesday.

However, the bull seems to be causing more negative impact, making the public in the US and Europe dislike Tesla and Musk even more.

Record numbers of Tesla owners switching to other brands. Edmunds reports that after a peak in November 2022, Tesla’s new model purchases have significantly declined to the lowest levels since October 2022.

Scandal Everywhere: Hedge Funds Remain Cautious?

Since Trump’s election win in November 2022, hedge funds shorting Tesla have faced huge losses, totaling over $5 billion.

Short positions have dropped to 2.5% of Tesla’s public shares, far below the historical average of 23%. Kerry Goh of Kamet Capital Partners warns that shorting Tesla is risky due to its unpredictable price volatility.

How do you view the protests and political halo?

Will Tesla dip lower to $200?

What’s your target price?

Wood Bullish on Tesla to $2600: What's Your PT?
Cathie Wood's ARK research team predicts that Tesla's stock price will reach $2600 in the next five years—nearly 10 times its current price. ----------- Some investors eye $300 as key resistance level for this rebound. What’s your take on this? Did you profit from previous dip-buying? What's your price target for Tesla?
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Comments

  • Shyon
    03-21
    Shyon
    The protests against Tesla $Tesla Motors(TSLA)$ $Direxion Daily TSLA Bull 1.5X Shares(TSLL)$ have clearly escalated beyond political statements, and the violence is completely unacceptable. Regardless of how people feel about Musk or his political ties, targeting showrooms, vehicles, and infrastructure crosses the line. It’s shocking to see such extreme actions impacting a company that was once widely admired for its innovation.

    As for Tesla’s stock, I do think the political drama and shifting consumer sentiment are adding downward pressure. If the trend of owners switching brands continues and demand weakens further, a drop to $200 isn’t out of the question. That said, Tesla’s stock has always been volatile, and with such a dedicated retail investor base, it’s tough to predict a clear bottom.

    Given the current uncertainty, I’d remain cautious and closely monitor how these events impact Tesla’s fundamentals before making any major moves.

    @Tiger_comments @TigerStars @TigerGPT

  • MHh
    03-21
    MHh
    These protests and political halo have escalated beyond my expectation and are uncalled for. Their efforts will be futile. There are still many Tesla fans and both musk and trump are not going to stop what they intend to do. Undoubtedly, other competitors will try to seize Tesla’s market share but it is still a household name for people looking to own EV. So, I don’t think Tesla will dip lower than $200 unless there are other news such as sales not meeting expectations, further vehicle recalls due to faulty parts or problems in its production line. I will never buy Tesla share as I believe there are better competitors especially the Chinese EV companies that are rising up and I like BYD. Nonetheless, I think it might drop to $210-220.
    @rL @Success88 @DiAngel @Wayneqq @HelenJanet @SPOT_ON @Kaixiang @Universe宇宙 @Fenger1188 come join
  • icycrystal
    03-21
    icycrystal
    @HelenJanet @LMSunshine @SPACE ROCKET @TigerGPT @GoodLife99 @Universe宇宙 @rL @koolgal @Shyon @Aqa

    The only notable Tesla bulls being Trump and his administration. U.S. Secretary of Commerce Howard Lutnick publicly urged people to "buy Tesla" stock during a television interview on Wednesday.

    However, the bull seems to be causing more negative impact, making the public in the US and Europe dislike Tesla and Musk even more.

    How do you view the protests and political halo?

    Will Tesla dip lower to $200?

    What’s your target price?

  • Mrzorro
    03-22
    Mrzorro
    political issues always impact the stock market, and I believe protests will do so if it is done in the right way. Tesla stock price is always volatility. It might dip lower than 200 or rise to 300. Currently, I am waiting for more dip so I can get in [Facepalm]
  • JediGingerNinja
    03-22
    JediGingerNinja
    why exactly? this seems like mob manipulation to me..  mob mentality. tesla are the new anti vaxers. wake up people tesla is the only competitive US company in manufacturing. bring down your best shot at market share! brains of a chocolate fish honestly..
  • 1PC
    03-21
    1PC
    [Thinking] A wise man said Before....... Don't Mix Business with Politics [Facepalm]..... see where's leading Tesla [OMG]... But [Doubt] it's Under Value Now [OMG] .... Buy the Dip ... $Tesla Motors(TSLA)$ .... I dig in already [Gosh]....The future will point us to the light 🕯️ whether I'm Right 👍 or Just Blinded by the Charts 📉📈 🙏. Current levels could be a value area DYODD 🙏. @Jes86188 @Gis @新美股神
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