Tesla
Short
Updated

MORE BAD NEWS OR NO?

304
Since the Robotaxi event on October 11th, Tesla is up 38% , currently priced at $292 per share This is a return to the early November 2024 price level. But following the market correction over the last month, TSLA shares are down 23%.
This was somewhat expected, given that the Trump-Musk alliance boosted TSLA stock in the short-term, which now fizzled out. The political exposure is also a double-edged sword, which ends up impacting Tesla EV sales.

With protest going up on Elon musk we may see it go down a little ... and investors may view TESLA stock as highly speculative. However if 330 breaks we may see it rise up from there..

Trade active
sell target profit almost achieved.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.