$TSLA 20221118 200.0 PUT$ $TSLA 20221118 200.0 PUT$ As spoken $Tesla Motors(TSLA)$will be severely affected by Fed's interest rates hikes. It is a Growth Stock with high P/E multiples.
In a high interest rate environment, there is no high margins to earn due to increasing costs of raw materials/labour and cost of borrowings. In addition consumers are forced to curb their spendings and a luxury EV like Tesla will be tested severely!
Do not listen to all the big company articles telling u that Tesla has bottomed out already and keep asking u to buy calls or stocks to push the price up. They are likely the ones selling call options to u to earn money. đ
Long term(3-5years) it is a good and innovative stock. Unless u can afford to hold that long, do not rush to buy in.
Short term i forsee another 20-30% drop over the next year ... there is no other scenario that is possible due to the macro economics of the whole world's economy.
Be careful with your own money. Cheers!
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