Hey friends!
What should i say before...
I really love this company and a big fan of Elon Musk.
But now the situation is so that Tesla may fall by 35%. Look is nothing bad happened with SNP index, but the shares looks very weak.
Technically now, it is clear sellers are dominating since January 2021. Last weeks news background really terrible.
The fall in sales in April has been mentioned for the second time, BUT in my opinion this is Nonsense.
Good growth in sales of already manufactured cars in China at the beginning of the year. Yes, now the sales are worse than before, but the company has very great prospects in the future thanks to the full cycle of its own production and related technologies.
1.Now only bad news about company. Maybe someone pushing out marginal buyers and weak investors.
2.Bitcoin factor. Who knows did Musk already sold BTC and how many times.
3.No positive news about Tesla for a long time. Maybe company knows whats really going on and making buy backs
How deep can the price be driven down? At 500 per share and then to 400-450.
What should i say before...
I really love this company and a big fan of Elon Musk.
But now the situation is so that Tesla may fall by 35%. Look is nothing bad happened with SNP index, but the shares looks very weak.
Technically now, it is clear sellers are dominating since January 2021. Last weeks news background really terrible.
The fall in sales in April has been mentioned for the second time, BUT in my opinion this is Nonsense.
Good growth in sales of already manufactured cars in China at the beginning of the year. Yes, now the sales are worse than before, but the company has very great prospects in the future thanks to the full cycle of its own production and related technologies.
1.Now only bad news about company. Maybe someone pushing out marginal buyers and weak investors.
2.Bitcoin factor. Who knows did Musk already sold BTC and how many times.
3.No positive news about Tesla for a long time. Maybe company knows whats really going on and making buy backs
How deep can the price be driven down? At 500 per share and then to 400-450.
