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TSLA drops 16% in 2 days: wealth ladder or severe bubble?
746K Views ·100 Posts
TSLA is a stock that always blows out the possibility. After releasing beyond-expected earnings and the management giving 50% production growth estimates, Tesla soars more than 30% in a week, with the Market Cap standing at $1.22 trillion, becoming the fifth-largest company in the United States. Since the pandemic dip in March 2020, Tesla stock has rallied more than 16 times.
However, the recent Twitter poll shows that 60% voted in favor of Musk selling 10% of Tesla stock, followed by a 16% drop in 2 days.
Do you think Tesla is a wealth ladder or a severe bubble? Should we step in or out? Leave your comments below to win 66 points (at least 20 words to qualify).
However, the recent Twitter poll shows that 60% voted in favor of Musk selling 10% of Tesla stock, followed by a 16% drop in 2 days.
Do you think Tesla is a wealth ladder or a severe bubble? Should we step in or out? Leave your comments below to win 66 points (at least 20 words to qualify).
TSLA is a stock that always blows out the possibility. After releasing beyond-expected earnings and the management giving 50% production growth estimates, Tesla soars more than 30% in a week, with the Market Cap standing at $1.22 trillion, becoming the fifth-largest company in the United States. Since the pandemic dip in March 2020, Tesla stock has rallied more than 16 times.
However, the recent Twitter poll shows that 60% voted in favor of Musk selling 10% of Tesla stock, followed by a 16% drop in 2 days.
Do you think Tesla is a wealth ladder or a severe bubble? Should we step in or out? Leave your comments below to win 66 points (at least 20 words to qualify).
However, the recent Twitter poll shows that 60% voted in favor of Musk selling 10% of Tesla stock, followed by a 16% drop in 2 days.
Do you think Tesla is a wealth ladder or a severe bubble? Should we step in or out? Leave your comments below to win 66 points (at least 20 words to qualify).
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Hate to say it
But... Told you that $Tesla(TSLA.US$ is going fall. Since yesterday.
Now the big question is, will it go back to 1000 or 900 or 800 before rising?
1020 will not be the lowest this week! Take care tesla bulls.
Now the big question is, will it go back to 1000 or 900 or 800 before rising?
1020 will not be the lowest this week! Take care tesla bulls.
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$Tesla(TSLA.US$
Tesla has dropped sharply last night. Losing around 11%. It started with 5% to 6% dip and the fall just didn't stop and rebound like the previous few dips.
Traders and algorithms are starting to close positions and take profits on tesla.
Some retailers have also closed and take profits but do understand its not the small retailers who cause this dip by "paper handing" but it is the big players who are selling causing this drop.
We have closed down to 20ma of 1020 in just 1 day. Look like the 20ma support is not going to hold and the dip is going to be a correction. The next few supports is at 950, 895 and critical support 850.
If it breaks 850, we have a chance of entering bear market for tesla again and this can mean it's not gonna be a buy the dip situation where it will do a V shape recovery for 1400. It can mean we may break back into 700s range and consolidate for a long period again.
Do not judge too early whether tesla will or will not go back down to 800s. Let the price action determine!
As always trade safe, invest wise!
Tesla has dropped sharply last night. Losing around 11%. It started with 5% to 6% dip and the fall just didn't stop and rebound like the previous few dips.
Traders and algorithms are starting to close positions and take profits on tesla.
Some retailers have also closed and take profits but do understand its not the small retailers who cause this dip by "paper handing" but it is the big players who are selling causing this drop.
We have closed down to 20ma of 1020 in just 1 day. Look like the 20ma support is not going to hold and the dip is going to be a correction. The next few supports is at 950, 895 and critical support 850.
If it breaks 850, we have a chance of entering bear market for tesla again and this can mean it's not gonna be a buy the dip situation where it will do a V shape recovery for 1400. It can mean we may break back into 700s range and consolidate for a long period again.
Do not judge too early whether tesla will or will not go back down to 800s. Let the price action determine!
As always trade safe, invest wise!
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$Tesla(TSLA.US$$NIO Inc(NIO.US$$XPeng(XPEV.US$$Lucid Group(LCID.US$$Li Auto(LI.US$
It is necessary to rationally view the changes in the market value of auto companies, because the market value is a constantly changing process. The rise in stock prices is a good thing for electric vehicle companies, and it is also a good thing for the entire electric vehicle market, which can give positive confidence. Even if there is a bubble in the market value, it is normal. The bubble is not terrible. The key is to do business well.
It is necessary to rationally view the changes in the market value of auto companies, because the market value is a constantly changing process. The rise in stock prices is a good thing for electric vehicle companies, and it is also a good thing for the entire electric vehicle market, which can give positive confidence. Even if there is a bubble in the market value, it is normal. The bubble is not terrible. The key is to do business well.
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$Tesla(TSLA.US$ let’s turn this stock green. We could see Tsla close 1% up
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$Tesla(TSLA.US$ TSLA pre market figure now is 1242 if it keep going up like that. We don’t have to wait till 2025 to hit 3000.
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$Tesla(TSLA.US$ I checked the TSLA price history,the highest one is $2318 on 8/28/2020, but the second day dropped to $500! who can tell me what happened that time? and I’m afraid it will happen again?
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$Tesla(TSLA.US$ that's exactly what the man wants isn't it? He let the news out and he sell high and he knows price is going to drop like crazy.....next? Watch out for massive buying from the same man. Well the rich just gets richer.
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Tesla 1 share = USD 3000 (or more) in 2025
According to an article by ARK Invest, $Tesla(TSLA.US$ will reach USD 3000 in 2025, with the worst case scenario of USD 1500 or best case scenario of USD 4000. 
You can read more by clicking here.
We are almost half way to USD 3000!
$ARK Innovation ETF(ARKK.US$
$ARK Next Generation Internet ETF(ARKW.US$
$ARK Autonomous Technology & Robotics ETF(ARKQ.US$
You can read more by clicking here.
We are almost half way to USD 3000!
$ARK Innovation ETF(ARKK.US$$ARK Next Generation Internet ETF(ARKW.US$$ARK Autonomous Technology & Robotics ETF(ARKQ.US$ 15
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