Furore
2022-08-12

$Tesla Motors(TSLA)$

The important question would be whether you're a short term investor or a long term investor. 

It's hard for shares to go up a lot when there is a lot of selling, even when the market is turning bullish. So for short term investors, probably selling now and buying back later or shorting will be a better option.

However, for long term investors, the recent dip from $900+ could be a good chance to pick up some. Especially for those that missed the recent drop below $700.

The stock split has been approved and this is good news in the long run. Higher liquidity, affordability and confidence that the share price will continue to go up etc.

And as the market leader in EV and EV being the next generation of automobiles, Tesla is definitely a good buy for long term investors.

Hence, my take is short term uncertainty with bearish sentiments and long term bullish outlook.

Musk Sells $6.9B of Tesla: Will you hold, buy or sell?
【Key Points】 1. Musk sold $6.9 billion of shares in Tesla according to regulatory filings Tuesday, the first time since dropping his bid to buy Twitter in April. 2. Tesla has risen as much as 50% from its low at $630. It closes at $850 per share today. 【Topic】 What're your thoughts on Musk selling shares of Tesla? Will you keep buying or holding, or will you follow his step to sell?
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.

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