$Tesla Motors(TSLA)$ Tesla announced that it is laying off more than 10% of its workforce, and this was intended to cut costs, boost productivity, and position the company for its next growth phase. The news sparked mixed reactions in the market. Some analysts believe Tesla's stock price could fall significantly, potentially retesting its December 2022 lows around $122 per share. They argue that Tesla's valuation was inflated and that the company faces challenges due to rising interest rates and a squeezed middle class. Despite these bearish views, some analysts believe Tesla's long-term prospects remain bright. They acknowledge the current challenges but believe the company can overcome them and achieve
$Tesla Motors(TSLA)$ No! If you are considering taking profits ahead of Tesla's delivery results, it is important to assess your investment goals, risk tolerance, and the current market conditions. You may want to consider factors such as the consensus estimates for deliveries, any recent news or developments that could impact Tesla's performance, and the overall sentiment towards the company and the electric vehicle industry.
Historically, this period has yielded positive returns approximately 76% of the time since 1999, with an average gain of 1.7% when a rally occurs. ļæ¼ As of today, the S&P 500 has gained over 23% this year. However, December has seen declines, raising concerns about the likelihood of a Santa Claus Rally. The Federal Reserveās recent indication of fewer interest rate cuts in 2025 has contributed to market volatility. ļæ¼ Despite these challenges, some analysts remain optimistic. They note that the marketās primary uptrends are still intact and the economy remains strong, suggesting the possibility of a year-end rally! Fingers crossed!
Thatās a tough oneāit really depends on what Iām in the mood for! Streaming apps like Netflix or Spotify often top the list for me. How about you? Do you lean more towards movies, music, gaming, or something else?