$Tesla Motors(TSLA)$ Price cuts everywhere. Short term bearish... https://www.channelnewsasia.com/business/tesla-offers-singapore-discount-electric-vehicles-existing-inventory-model-3-y-3192296?cid=FBcna
If u have the funds and the horizon(3-5years), yes...there is a chance , if u are looking at short term(1-2years) then it will fall...choose your poison according to your abilities.
This guy is just like Jim Cramer...say one thing at public address but do another at decision. Always trying to "soften" the situation leading to stock rise..... I wonder how much his friends and relative bought in before his announcement and then sell off before his decision 🤣🤣🤣
In few months time, this analyst will be missing in action for his nonsensical analysis... Any beginner investor who takes the effort to do self study on the situation of the macroeconomics will know the most painful part has yet to come. Its your own money. Take responsibility for it ibatead of relying on all these "experts" who often have vested interests one way or another during different cycles of the bull/bear markets.
Finally a sensible article on $Tesla Motors(TSLA)$ by seekingalpha site. Unlike other posters who keep harping on bullish factors and giving the concerns a one-liner brush off. 👍
$Tesla Motors(TSLA)$ For a start, I am a Tesla shareholder. First i agree with the analysis on cash flow, capabilities vis-a-vis competitors and supply chain stability. However, no company can escape the effects of the macro economy. Years of QE and printing of money has weakened the US economy to the brink of a dangerous edge. That is why FED have no choice on their hand but to keep increasing interest rates in the near future. This equates to hitting consumer pockets hard and brutal! In such a scenario, if Tesla is selling an essential commodity such as rice, wheat, oil, there is nothing to worry too much. However, Tesla is a luxury goods company and this does not bode well for the short term, the near future. De