Tesla ~10% Bloodshed !!!
So what exactly happened during earnings call that resulted in the sharp dip in share price? Basically, musk announced the possible price reduction in its products. And that creates fear of thinning profit margins which then resulted in a sell off.
However, price adjustment to products are part and parcel of how companies adapt to macro economic conditions. In the current market, affordability is key in gaining traction. I believe that's why Musk made that announcement.
All in all, I hope we are all ready for another round of roller coaster ride with Tesla! Invest safe.
@CaptainTiger @Daily_Discussion @TigerStars @MillionaireTiger
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I hate to say this .. but.. Tesla is only worth $16. this bubble
Tesla throwing away billions on FSD and getting nowhere fast. Hyundai/Uber, Waymo and Cruise are way ahead of them running self driving robotaxis.
Fan boys about to feel pain this week when will they ever realise Elon pumps you and doesn’t deliver if the stock price was a bargain
Before going all in on those overhyped stocks, just remember that goes up must come down
Shorts say $150 coming, but have been struggling for a month just to get TSLA back to $250 lol. Come on shorts, you can do better.
Keep adding on any small pullback… this wants to go higher and higher. Great for day trade after markets soar today with Powell signaling end to rate hikes. Don’t miss out.
I see Tesla at $20 trillion in five years because the government is buying everyone a Tesla
Out of 32MM volumes, buyers 25MM, dumpers 7MM only.., do the math… looking at $272 - $280
TSLA target still remains $350/- for 4Q; interesting!!!
Every time they get a pullback, TSLA refuses to stay down for very long.
TSLA continues to embarrass shorts.