Yes //@kuppi:Time to take a U -turn. The market hVe been performing roo bad for almost am year. Those who invested early need to recover the loss to make it fair. Even those blue chip stocks also crashed during this period. Stocks like NVDA, apple tesla etc performed too bad I have a feeling that the narket sensitiviry increased recently. FeD interest rate, un employment, Ukrane war, inflation, interrim pole etc are too sensitive.
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@JohnMitchell:Last Friday, $Ford(F)$ and $General Motors(GM)$ stocks tanked on news that Tesla is going to compete directly with them$Tesla Motors(TSLA)$ In 48 hours Tesla sold 80% of their inventory. Now a backlog begins.Markets realized towards the end of Friday that this is good news for Tesla and bad for the rest. Now over the weekend they are realizing Tesla should be bought on this news; not sold.
@ZEROHERO:$Tesla Motors(TSLA)$ A modest 4% profit from the open and before the reversal. TSLA has retraced below the Fibonacci golden zone since 12 months ago. Is this a good time to invest for the long term or do we expect more downside leading to the earnings call on Jan 25? In the short run, TSLA may take a modest hit to margins and even profits. But long term the price cut is good for TSLA since it reignites volume growth, which is the most important driver for TSLA stock. Looking back, Apple cut the price of the original iPhone in 2007 by 30% just a few months after it originally launched. Steve Jobs wanted to sell more of them and capture more market share. It worked. However, th