Tesla is out of electric

Nice major top structure in place. (Short term M top and long term double top )
Have fun!

We've plenty of cheap oil             for years to come, why bother about electric cars?
And no, the cheaper Tesla             model will not save it.
We've a huge glut of cars in GM's warehouse as a result of QE . Overleveraged, overbuild without consumption increasing. It is way more than 2009 right now.

Tesla             business isn't sustainable too, solely relying on government subsidy and with a weakening China.
The bubble will deflate once the hype disappears.
have a hunch that it drop just a little
and break that UP and goes to channel top another time
+1 Reply
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