duseve
2022-05-24

In a time where the Fear and Greed index shows extreme fear, it's understandable why many are staying away from the markets... However, investors who are able to hold on for the longer term may find this to be a good time to enter. 

My suggestion for today is $Tesla Motors(TSLA)$

Tesla has been battered recently, and is down almost 50% from its recent high of $1,200 per share. However, things look to be turning around for this EV maker. 

Recently, it was announced that Tesla wouldbe adding a second shift at its factories, something that was impossible during the peak of Covid in Shanghai. Analysts are expecting a turnaround, with Tesla increasing production significantly in the second half of the year. Combined with the fact that Tesla is still a lead in the EV space, we could see increased profits very soon. 

Another sign for those watching: Cathy Wood's ARK investments have recently added Tesla shares again, after a selloff earlier in the year. 

This could be a great time to buy Tesla. Good luck to all! 

💰 Stocks to watch today?(8 Jan)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Best1
    2022-05-24
    Best1
    Thanks for sharing
  • Clarence1700
    2022-05-24
    Clarence1700

    Great Article about Tesla

  • MortimerDodd
    2022-05-26
    MortimerDodd
    Things are looking up in Shanghai, which is definitely good for Tesla.
  • duseve
    2022-05-24
    duseve
    Time for a Tesla revival :)
  • Maria_yy
    2022-05-26
    Maria_yy
    It's really a good deal at the present price.
  • BurnellStella
    2022-05-26
    BurnellStella
    You seem pretty bullish on Tesla.
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