TSLA: HUGE POTENTIAL TO BUY!
Yesterday’s gains were due to the Fed’s imminent interest rate cut announcement, because the highest interest rates and the worst economy in 40 years were the main reasons why so many of Tesla’s projects were put on hold.
Musk will announce details on the new Gigafactory India in about 3~4 weeks which will be huge and will lead to a $40/share pop over a few weeks as the market calculates the long term implications of the deal.
In anticipation, look for rating upgrades, details on new $25,000 Tesla model and future gigafactory plans: Brazil, Malaysia, Canada, new U.S. projects, S. Korea, etc.
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