Tesla seems to be a bit more bullish today. It quickly covers the opening gap and beyond. If I'm right, soon we may see a nice push up. What do you guys think? :)
You are right and 660 was achieved on the hope of an infrastructure deal helping Tesla. I think once they have a chance to noodle it around they may see this differently. GM and F are down on the day while Tesla is up. This defies a bit of logic. GM and F are ICE makers who need money to compete with Tesla. Tesla is well capitalized and does not need the money. If the Federal government picks winners will it pick Tesla a non union shop or GM and F. We have to ask ...are Dems or Republicans in charge currently... Union or non-Union in fashion today?. This might just play out against Tesla if it changes the funding gap for GM and F. Your thoughts? I'm going to short as it hits 680 and be prepared for the thought process to finish. I think TSLA is over extended now and a good time to take that profit on a good win from 590 to 660. Congratulations on the call.
ELMANTEC
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@GT350, Thanks mate! Your explanation here is also very good. Thank you for share it with us. :)