Tesla dropped to $300 per share (lowest in 6 months), after reporting a delay in reaching goals for the Model3 sedan
A loss of $2.31 per share was expected, but the expected delays resulted in a loss of $2.91 per share for the quarter.
This price decline could also be attributed to the tax reform’s possible cutting of the electric vehicle (EV) tax credit, which is likely to make Telsa cars more expensive.
With the understanding that this is a growth stock, I'll be looking to buy at value, keeping a close eye on how Tesla manages their cashflow
A loss of $2.31 per share was expected, but the expected delays resulted in a loss of $2.91 per share for the quarter.
This price decline could also be attributed to the tax reform’s possible cutting of the electric vehicle (EV) tax credit, which is likely to make Telsa cars more expensive.
With the understanding that this is a growth stock, I'll be looking to buy at value, keeping a close eye on how Tesla manages their cashflow
Join my mailing list jindaotai.com/joinme
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.
Join my mailing list jindaotai.com/joinme
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.