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TopgOptions
May 18, 2022 5:38 PM

TSLA Tesla removed from S&P 500 ESG Index! Short

Tesla, Inc.NASDAQ

Description

If you haven`t seen my double top chart pattern:


Tesla doesn’t have a comprehensive low-carbon strategy, according to S&P Dow Jones Indices.
Apparently Tesla has issues including racial discrimination claims against the company and a government investigation after crashes due to its autopilot vehicles.

In Musk tweeted that he was considering taking Tesla private at 420/share and had “funding secured”.

I think in the worst case scenario we could see TSLA visiting that strong support of $420.
The most likely is a sell-off to $577.

Looking forward to read your opinion about it.
Comments
Girth_Brooks
the 420 funding secured incident happened before the split....this still has much farther to drop.
TopgOptions
@Girth_Brooks, ah, yes. indeed.
puzzledDove28538
@Girth_Brooks good point, still the 420 level will have some significance
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