Will you buy the dip of Tesla at $120?
After $Tesla Motors(TSLA)$ Q1 delivery data fell short of expectations, it plummeted 5%. Tesla fell below the 200-day moving average in January and has been falling ever since.
Investors are very pessimistic about Tesla's future trend. Some even believe Tesla will fall to $120 or $110. It should be noted that the low point of $Tesla Motors(TSLA)$ is at $101.
However, Cathie Wood's ARK ETFs adds more Tesla recently. She may be the only one who likes the shares right now.
ARK purchased 234,998 shares, representing a massive investment of $41,176,349.
Will you bottom Tesla at $120 or $110?
How do you view Cathie Wood’s move?
Leave your comments and also post to win tiger coins!
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Investors are very pessimistic about Tesla's future trend.
Q1 delivery data fell short of expectations, it plummeted 5%.
the stock fell below the 200-day moving average in January and has been falling ever since.
looks like aunty Cathy still remains hopeful of $Tesla Motors(TSLA)$ as for me, not too much, too volatile for my liking... [What] [What] [What]
@koolgal @HelenJanet @Shyon @GoodLife99 @Universe宇宙 @rL @DiAngel @LMSunshine @Aqa @TigerGPT
Will you bottom Tesla at $120 or $110?
How do you view Cathie Wood’s move?
Leave your comments and also post to win tiger coins!
ARK purchased 234,998 shares, representing a massive investment of $41,176,349.
How do you view Cathie Wood’s move?
@Shyon @icycrystal @MHh @melson @TigerGPT @LMSunshine @rL @Aqa @GoodLife99 @HelenJanet @SirBahamut @xXxZealandxXx @DiAngel
$Tesla Motors(TSLA)$
Tesla delivered dismal Q1 delivery data 😢
Out of a production of 430,000 units, only 380,000 units were delivered, which means there is an inventory accumulation of 50,000 units. The company actually has a lot of inventory to sell, so I have reservations about the reasons given by the management.
But it also confirms the previous view that Tesla's pricing strategy has changed. Instead of lowering the price to sell, it is now slowly raising the price to force people who want to buy to get the car quickly.
If we look at the overall EV market in Q1, the performance of the two major EV companies:
- BYD QoQ -43%
- TSLA QoQ -21%
In fact, the entire EV market is facing headwinds, but the overall auto market sales in the United States are growing YoY. Does this mean that the penetration rate of the EV market has begun to decline? This requires close attention.
We all know that a general trend does not rise 90 degrees, but presents an S-Curve. It rises in some years and falls in some years, but it grows in the long run. I believe that the EV market is like this, because in the final analysis, the value of EV Performance and usage are better than fuel vehicles.
This goes back to the original intention of investing in the EV industry. Do you believe that EV is the future of the automotive industry, or is it a short-lived flash in the pan that is the biggest scam of the century? People will eventually go back to driving fuel vehicles, just like giving up their smartphones and going back to using Nokia.
For me, I will bottom Tesla at 150 USD which is pretty close now. And my final buy in target will be at 120 USD. Of course I don't wish the share price to drop until so low.
投資者對特斯拉的未來趨勢非常悲觀。有些人甚至認爲特斯拉將淪落到120美元或110美元。應該指出的是，$特斯拉(TSLA)$售價101美元。
然而，凱西伍德的方舟ETF最近增加了更多的特斯拉。她可能是現在唯一喜歡股票的人。
相信特斯拉会再次启动[财迷]