Please note that, I'm a huge fan of Tesla cars. My forecasts are purely based on macro level conditions as well as Elliot Wave, which I'm pretty damn good at it.
I believe the biggest risk to Tesla is macro and valuation. On a macro level, the Fed's signaling of not just taper and rate hikes, but quantitative tightening as well surprised me quite a bit, and is forcing markets to adapt, pricing risk-on assets lower. As a result of hawkish policy, I see higher yields by year-end then I previously expected.
I'm also concerned by the effects that quantitative tightening, inflation, and interest rate hikes could have on the economy over the next 12-24 months. If the Fed's actions spark reduced economic activity, cars are among the first items to depart a consumer's shopping cart.
US. 10-Year Treasury Bond Yield Forecast :
This is not financial advice
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2x Market Crash Forecaster
I believe the biggest risk to Tesla is macro and valuation. On a macro level, the Fed's signaling of not just taper and rate hikes, but quantitative tightening as well surprised me quite a bit, and is forcing markets to adapt, pricing risk-on assets lower. As a result of hawkish policy, I see higher yields by year-end then I previously expected.
I'm also concerned by the effects that quantitative tightening, inflation, and interest rate hikes could have on the economy over the next 12-24 months. If the Fed's actions spark reduced economic activity, cars are among the first items to depart a consumer's shopping cart.
US. 10-Year Treasury Bond Yield Forecast :
This is not financial advice
Please hit the thumb up
Regards:
2x Market Crash Forecaster
Note
One of the possiblties on Lower time frames. Personally I'm short from top , I would love this to come up some more so I can short more. How will this unfold ? Let's wait market will eventually tell us how
Note
Bear in mind, this can just drop drop and drop as well . The possibilities of how people can react to this is enermious.Note
Expect new lowNote
I was shorting this from extreme top . Yesterday I toke profit at around 500. If I had have stayed . Would make much more . It dropped by 100 points only tonight. 
Trade closed: target reached
I'm out . Of course it will fall further .I don't know how far the pullback will be .
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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.