$Tesla Motors(TSLA)$ I'm still bearish on this counter. Elon might still talk up his company with his loyal followers. Mkt sentiment improving, tesla could move down but push up high again to squeeze out short. I'm would choose to skip this counter rather than to take risk during this reporting season. Once mkt sentiment turn, it's time to go short on this counter again. With US dollars going up, slower economy, thìs will definitely bite into their earning later. Elon had also used tesla to speculate on bitcoin which had made a substantial loss, now the twitter saga will force him to liquidate more tesla. The only plus is everyone is going green, so tesla will potentially benefit from the green subsidiaries given.
Will Tesla drag down the broader market?
On the long-waited Investor Day, Tesla plunged 5.61% after market.
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Will Tesla drag down the broader market?
What's your trading strategy for you today?
Plan to hedge Tesla's plunge or bottom stocks?
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