Amazing how all these articles write a bearish narrative a month before and now a bullish thesis. Flip like roti prata. I'm long nio today but I must say it is the only EV trio that is really burning capital to lay down the groundwork for an extremely profitable business in future. From nio phone, battery swap & charging pile networks, to getting 5 star safety accreditation in Europe, I'm betting Nio to be a future BYD/TSLA rival.
$Tesla Motors(TSLA)$ depends on the outcome after tonight's CPI. If break below 177, will buy at next support level ~150-160. If it breaks above resistance of 190 and wait for confirmation that that resistance turns to support, 190 is a good buy
Been fairly new to trading but some important lessons I learnt. 1. Don't let emotions get the better of you. Don't be an average investor and panic buy or sell. 2. Believe in your own tech analysis. Go in when you think the price is right and not want to hold a long stock position immediately. 3. Always know how much you are risking per trade - stick to 2 percent of portfolio max loss. 4. Know your stop loss and take profit limit. Once hit stop loss, exit and try again next time. Same thing for profit, don't be greedy. 5. Don't stop learning and trying new strategies. But this does not mean that above rules don't apply. 6. Stick to 3 to 4 trades a month and do those well. Simple is better.
He won't step down. An egoist at heart will never be able to let it go (either state that there is no suitable candidate or he is still finding/interviewing eligible ones). The only way Tesla can recover is to vote him out. Rather place my bets on upcoming China EVs. They will swiftly dominate the EV market in years to come, while Tesla is still fighting its internal struggles.