$Tesla Motors(TSLA)$ Tesla share price once again been driven by market sentiment versus the real progress, developments, updates & talks that have taken place starting back in May 2024 with the City of Austin and their autonomous vehicle task force of Texas on the RoboTaxi rollout to establish safety guidlines for a Tesla Autonomous fleet.
Iam sure we would all agree that only having two interest rate cuts in 2025 versus the four or five that were on the cards would be disappointing, however, Mr Trump takes office in January 2025 and we could surely agree that Mr Trump has his own agenda and advisers once he takes office on the day of his inauguration being 20 January 2025.
He has already pledged to the people that he would be doing his very best for those that have entrusted him as the 47th President of the United States of America 🇺🇸. So ask yourself this question , would we only see 2 interest rate cuts in 2025 when his agenda is to Make America Great Again, to see prosperity once again becoming the foundation for the American people versus handing out large sums of money to support wars that America should not even be involved in ?
The above sets the stage for what's to come in America, Prosperity once again. to see entrepreneurs flourish, to curb wasteful Spending, to reduce the current deficit spending and to have a plan on addressing the current debt levels of $38 Trillion.
The entire Tesla business is still on course to deliver various EV models, FSD subscriptions , Autonomous Robotaxi's , Optimus Humanoids, including their energy division and its all made possible by Elon Musk, their various Teams of brilliant employees within each division and the very fundamentals that remain key to Tesla's success are The First Principles concept of thinking including deployment of growth & progress and that includes the deployment of Tesla's Gigafactories.
The fundamentals of Tesla remain sound, nothing has changed. A business with a current market cap of $1.5 Trillion, a share price of $488 a few days ago and the market allows sentiment or should we say their emotions allowed the price of Tesla to change by +/- 8 percent.
A fair amount of selling and yes some Investment houses must unfortunately sell their Tesla holdings to comply with regulators.
Fortunately we never had a back up and load situation, just a small correction to load up on some of your favourite shares.
The volumes selling and aquiring as indicated below are huge.
Please do your own research before placing any orders.
Happy investing Tiger traders.
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- Zingg·12-21 14:06TOPI have to disagree with the two rate cuts. Two should be good enough to maintain the bubble. If they cut too fast, market would implode into ashes.LikeReport