TSLA Oversold & Analysts Upgrades☝️-Recovery May Be Possible👍
After TSLA’s new bottom at $166.18😱 and losing nearly $300 billion in market value in two months, analysts say the share-price decline has gone far enough and 🐂🐂🐂 are finally buying the dip, boosting TSLA by 7.82% to close at $183.20 on 24/11 $Tesla Motors(TSLA)$
⭐️ Morgan Stanley analyst said on 23/11 (Wed) that TSLA is approaching his “bear case” price target of $150, presenting an opportunity for investors to buy at a bargain price.
⭐️ Citi analysts upgraded the shares to neutral from sell, saying that a more than 50% slump this year “has balanced out the near-term risk/reward.”
Things Going For TSLA:
🏆 TSLA is the only EV maker covered by Morgan Stanley that generates a profit on the sale of its cars🥳💪
🏆 TSLA is positioned to benefit from consumer tax credits in the 🇺🇸
🏆 TSLA is revamping its 🇨🇳 marketing strategy by offering insurance subsidies after recent price cuts.
However, I will be cautiously optimistic until Musk and Twitter (TWTR) settles down. Investors’ confidence and TSLA’s stock performance are highly linked to the news of TWTR still.
I’ve posted quite a bit on TSLA’s challenges the last few weeks and will not be repeating here ➡️ To read, access them at my homepage by clicking on the Snoopy icon😉
Other 🇨🇳 EVs are taking TSLA’s lead and trending upwards as well $XPeng Inc.(XPEV)$
Do share your thoughts in the comments section and please help to click on the “Like” and “Share/Repost” buttons, so that more 🐯🐯🐯 can access this information, many thanks🤗🥰
As usual-🤔💭 Consider POV & Actions of investors + 👩🏻💻👨🏻💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰
Source Websites: Bloomberg
Modify on 2022-11-24 09:12
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- FranklinMorley·2022-11-24Time to accept the fact that the tesla train has been completely derailed and will never ever reach the heights of $250 again! ITS FINISHED! Sadly it’s true..2Report
- Snakewood·2022-11-24buy!🤔😅🙏🙏🤞🤞4Report
- littlesweetie·2022-11-24TSLA will never see $250 again. Not in this lifetime. Those types of gains will never be seen ever again. IMPOSSIBLE!1Report
- CyrilDavy·2022-11-24wow nearly 185 after hours. Absolutely crazy day, hope for more on Friday! Have a good thanksgiving everyone!2Report
- Sonoma·2022-11-24thank you for sharing3Report
- melson·2022-11-24[Great] [ShakeHands]3Report
- Fsnikolay·2022-11-24Hi today us no trading ?3Report
- BellaFaraday·2022-11-27Don't be too optimistic, the macro economy will keep TSLA down.1Report
- ElvisMarner·2022-11-27TSLA's performance in the last two months has been abysmal.1Report
- MortimerDodd·2022-11-27We can really try to bargain TSLA now.1Report
- DonnaMay·2022-11-27I believe TSLA is very close to the bottom.1Report
- Maria_yy·2022-11-27Maybe it's not time to buy TSLA just yet.1Report
- JonLucky·2022-11-24hype train1Report
- BenjiFuji·2022-11-24Still trying to figure out this industry [Glance]1Report
- Melvin0631·2022-11-27Good1Report
- MOUNTAINS·2022-11-27👍1Report
- vinny·2022-11-27[Cool]1Report
- 不死鸟.·2022-11-26👍1Report
- ken2020·2022-11-25[Like]1Report
- sky老夫子·2022-11-25加油1Report