luke

TSLA Continues to 🛝 Buying Opportunities for XPEV & NIO 🔋🚘

@LMSunshine
$Tesla Motors(TSLA)$ is under continual downward pressure & hit ANOTHER 52-Week Low $176.55 on 18/11🔥🥵 I’m 🐻-ish due to negative media attraction below: (1) Most recent drama is Musk’s trial🤦🏻‍♀️ ➡️ The trial seeks to resolve claims by shareholder Richard Tornetta that the 2018 pay package was dictated by Musk, to subservient directors and approved by a vote of shareholders who were misled by TSLA🔥 ➡️ Musk and the TSLA directors named as defendants repeatedly testified that the package achieved what it set out to do, which is to deliver 10-fold growth in the company's stock price. ➡️ After 5 days of testimony, including three hours from Elon Musk, a Delaware judge will now decide whether Musk's $56 billion pay package from TSLA was justified by the company's explosive growth or undermined by a flawed process. ⚠️ Outcome of this trial may add further downward pressure to TSLA’s share price. (2) The Twitter (TWTR) drama continues to be major contributor‼️ ➡️ Since Musk’s TWTR takeover plans was revealed, TSLA had been going downhill. ➡️ Musk repeatedly sold TSLA’s shares to fund TWTR & this had greatly shook investors’ confidence 🔥🥵 ➡️ TSLA is considering firing more TWTR employees today(21/11), this time targeting the sales and partnership side of the business after mass resignations among engineers on 17/11… (3) TSLA has had 19 🇺🇸 recalls in 2022😱😱 involving 3.7 million vehicles including 4 recent recalls just in November‼️ ⚠️ 15/11: 321,628 Models Y & 3 were recalled due to tail light issues😰😰 ⚠️ 15/11: 29,348 were vehicles recalled due to air bag issues😰😰 ⚠️ 1/11: 40,168 vehicles were recalled due to loss of power steering while driving😰😰 ⚠️ 1/11: 53 vehicles were recalled due passenger-side mirror compliance issue😰 🤔💭My Thoughts: (1) As of now, I still think TSLA might recover. However, Musk is an unpredictable individual & anything can happen to prove me otherwise🙈🙉🙊 (2) Once TWTR reports a profitable quarter, that would be a turning point for TSLA & investors would be assured that Musk no longer needs to sell his TSLA’s shares to fund TWTR. Till then, I will just hold my TSLA’s share without averaging down or day trade TSLQ to cover my paper losses😅 (3) Less recalls would also help in improving TSLA’s share price💪 (4) Popular Chinese EV $XPeng Inc.(XPEV)$ $NIO Inc.(NIO)$ were unable to sustain the recovery (both in 🇭🇰 and 🇺🇸 markets) its 🐂 rally on 9/11 on 👍📰🗞 of 🇨🇳 easing Covid restrictions & the positive meeting with 🇺🇸 during the G-20 submit & presents as a better buying opportunity than TSLA at this point in time when markets are down $SQQQ(SQQQ)$ $S&P 500(.SPX)$ As usual-🤔💭 Consider POV & Actions of investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰 Source Websites: Reuters & Barchart @TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion (21/11)
TSLA Continues to 🛝 Buying Opportunities for XPEV & NIO 🔋🚘

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