TESLA - last chance to Sell / Buy / Hold ? Read & decide.
@JC888:
$Tesla Motors(TSLA)$ stock price have wiped out nearly -20% of its value in less than 2 weeks, amid growing concerns that demand for electric cars is starting to weaken, globally. (see below) The selloff started in mid-October 2023, when Tesla dialed back growth expectations during its Q3 2023 earnings conference. Next to follow were “grim” commentaries from a few global automakers, as well as Wall Street analysts. On Mon, 30 Oct 2023, battery-maker $Panasonic Holdings Corporation(PCRFY)$ and chipmaker $ON Semiconductor(ON)$, both also sounded alarms for the EV industry. The waves of “negative” news could not have been more “timely”, with the US automotive sector,