$Tesla Motors(TSLA)$ Buy this stock if you believe in EV as car of the future. Such high end models EV cars may not be adversely affected by inflation since buyers are rather wealthy. Musk will not let Tesla fail, so it is a relatively safe bet.
Tesla has dropped from its high of $1189 in Jan to its current price of around 700. It represents a good opportunity to nip it for long term investment. For those who has already own it, perhaps it is a good chance to DCA to reduce the exposure.
Given the current volatility, some monitoring may be needed to nip at a favourable entry price.
Just sharing my view on this stock. Trade with caution and preference. Best wishes.
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Those who own it, happy to buy more now.
Those don't own, happy to buy now.
Those who hate it, happy to see it down.
See? Everyones happy! [Happy]
Just Google "Tesla recall" and u will find the frequency of recall is quite frequent. Obvious quality issue. Not cheap also