There’s no question the shareholder meeting vote next week is holding down $TSLA stock.
Even the most die hard bulls are afraid to buy, or even selling or hedging, because they believe in Elon and are terrified he might leave.
Meanwhile shorts are buying puts that expire after the vote.
I believe there are a lot of people interested in FSD and Optimus as an AI play but are holding their cash until next week.
Tesla share price one month before the decision was announced (market knew it was coming): $248.48
Tesla share price when the decision was announced: $190
Tesla share price now: $176.66
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- twixzy·06-04Waiting anxiously for next week's shareholder meeting... [What] [Speechless]LikeReport
- glitzii·06-04Interesting price movement for $TSLA.LikeReport