Yes it could go down to that low if nothing is happening on the horizon for TSLA but something is cooking up to prevent the stock price from sliding further downward. It may take a bit more time, maybe longer, to go to the level as forecast. India may take a bit of time to generate sales for TSLA now that it has green light to operate there. By then if India continues its forward thrust, it will propel TSLA forward. Meanwhile, TSLA stock has potential to experience a short spike rise.
Tesla’s Tumble: Why TSLA Stock Could Fall to $100, and When to Buy
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Dr Rck·03-19How will the Fed pivot the interest rate will affect TSLA dramatically; with all prices sky high amd housing sentiment improves, very unlikely there is a need to reduce interest rate for the coming weeks if not months! Take a deep breath!LikeReport