why is tesla stock dropping reddit
TSLA is overvalued but people believe in Musk so the 300 area will be interesting to watch tomorrow. However by the time the market closed shares were down 44.
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Shares were off 09 after-hours trading after closing up about 01 in regular trading Wednesday.
. The majority of purchases are not people who look into what theyre buying. They have a lot of capital expenditures and loans coming due meanwhile the tax credit is phasing out the pent up demand wait-list is in the rear view mirror so harder to sell as many as they did in late 2018. Reddit users and moderators are in no way liable for actions taken by anyone based on activity in this subreddit.
Why Tesla Stock Is Stuck in Reverse. They also have battery supply issues apparently in the short term. The media is reporting Teslas deliveries had a significant drop month-to-month in China and theyare trying to link it to bad press the company had in.
Weve lost 50B this year shorting TSLA. Could shares of the EV maker be next to crumble or. TSLA took a hit on Friday.
Also youre comparing companies that have saturated the market with Tesla which is an upstart. Remember tillroy and all of those weed stocks last year. And dont miss Tesla TSLA and other topics financial news headlines business stories opinions and trade analysis on Market Insider.
Read full article Why Is Tesla Stock Dropping And What Should Investors Consider. Our view on Tuesday before the market. Tesla stock forecast.
Analysts are hoping that this business will boom even bigger in 2021 dropping as much as 2 billion in revenue straight down to Teslas bottom line and. There are a couple of factors driving the sell-off. Stock in electric vehicle pioneer Tesla was falling after the company reported impressive results that largely beat Wall Street projectionsand just met rising investor expectations.
Lots of lines with numbers. Tesla TSLA 7 hours if i were to diversify on large caps stocks could I outperform the sp500. High-growth high-valuation stocks have been hurting in the past months but not Tesla.
Tesla CEO Elon Musk is telling his employees they need to cut costs or they can kiss its lofty stock price goodbye. I would wait until a close before 308 to buy. TSLA is having a rough start to 2021.
Puts on testla is so risky. Through the first six weeks of the year Tesla stock has a total return of just 13. Tesla is a decent company but in no way are they worth 94x ford.
The stock is likely down primarily because of a decline in the overall market that weighed particularly heavily on growth stocks like Tesla. With the Covid-19 vaccine rollout gathering. The stock fell 48 by the time the market closed.
At its worst point during the trading day the stock was down 63. That image shouldve been followed by 100 puts to put where is mouth is. Investors thought so after a tweet on May 1 2020 from Musk that said Tesla stock price is too high imo The stock lost 10 of its value that day as the price tumbled from 15638 to 14026.
Please seek any investment andor legal advice from a licensed professional in your jurisdiction. Ill just point out that this tells me its not sustainable. TSLA is a momentum stockWhen it drops it drops.
Tesla has gotten 832 mentions on Reddits retail trading sub-thread rWallStreetBets after the EV manufacturers stock dipped 5 on Monday when the results of a Twitter poll implied Tesla. At risk of bankruptcy in the near future. Tesla TSLA shares have been among the best performers in 2020 rising nearly 600 through Tuesday trading making it among the most valuable stocks in.
Is Tesla Stock The Next Shoe To Drop. It will probably drop another 5 tomorrow especially if it falls under 300. The SP 500 and Dow Jones Industrial Average both rose about 04.
The main reason that Tesla was so heavily shorted in the past is that they were in danger. Why Tesla Stock Dropped Today By Joe Tenebruso - Mar 5 2021 at 435PM Youre reading a free article with opinions that may differ from. What happenedShares of Tesla NASDAQ.
The old triple H to red and green Christmas rectangle pattern. Tesla stock has declined by around 17 over the last month and currently trades at 675 per share. The move in the main session will be most watched as this is when the.
Elon Musk warns employees Teslas stock could get crushed like a soufflé under a sledgehammer. Tesla has increased sales by 60 yoy for 9 years straight which is incredible in a market that strives for 3-8 growth. A solid forward indicator.
Resistance at 308 and support at 300. To make them pop. Its a meme stock.
Next level of support at the 290 area.
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