I have been following the recent buzz around Tesla $Tesla Motors(TSLA)$
As for my stance, I would say I am cautiously optimistic, though it is hard to pin down without more data. Musk has a track record of turning things around when the odds seem stacked against him, and I believe he might just pull it off again. The drop in stock price could be a temporary dip, and if Teslas innovation keeps pace, there is potential for a rebound. Still, the political angle with the "American Party" adds a layer of uncertainty that I am keeping an eye on.
The idea of Trump introducing policies targeting Tesla is something I have not fully formed an opinion on yet. It depends on how his administration views Musks ventures and the broader implications of this new party. If anything, I think it could go either way, supportive policies could boost Tesla, while targeted regulations might pose challenges. I would need to see more concrete developments before I can say for sure.
Can Tesla hold 250? That is a tough call right now. With the stock already dipping below 290, hitting 250 is not out of the question if the market sentiment worsens. However, I think Teslas brand strength and Musks influence could help stabilize it, provided there is no major fallout from the political moves. I am hopeful but realistic, and I would love to see how this plays out over the next few weeks.
Overall, I am intrigued by this mix of business and politics. Whether I hold or put my faith in Tesla right now depends on how these factors unfold. I am leaning toward holding for now, trusting in Musks ability to navigate the storm, but I am also open to adjusting my view if new information comes up. It is a wait and see moment for me!
@Tiger_comments @TigerStars @CaptainTiger
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Well done.