- Tesla in a battle to reopen with California government. Elon tweeted he may move Tesla out of California as a result ! That would be a big financial hit and cost big $$ to initiate if this eventuated.
- Technically the chart is pretty clear - the battle lines between the bulls and bears have been drawn. We like Tesla but are not buyers at these prices and would consider the stock at the below demand zones.
- Expect prices to remain choppy until the outlook is more clear with the company fundamentals / operations.