In the short term I could see a $66 to $40 $TSLA....
There's concern that the brand image has been damaged. Investors are calling for proper evaluations of the damage done, others are seeking to have Elon flat out replaced at Tesla.... simply spending $44Bn on Twitter and having 100M followers hasn't put a smile on everyones faces. Recent antics continue to have Tesla at the forefront of public discourse for rather trivial and immature reasons. Strong selling pressure supports the negative sentiment, & the disapproval of his "neglect" of Tesla.
There's a desire for him to focus more on Tesla.... why not spend the money necessary to get Twitter to where it needs to be. He should just rebrand w/ a gold bird and step back. Tesla needs his attention. Its not the end of the world.... $66 to $40 is a fantastic buy zone.
Personally I don't see Elon finding a CEO for Twitter in the next 3 to 4 months. I don't see him managing his impulses to troll. I don't see him rebranding twitter. He spent $44bn.... and he should spend another $2 to $5 billions so it can run itself while he focuses changing the direction of Tesla. One of the things that exacerbate the situation is the lack of communication between the board and investors.... yet he owns Twitter. Tesla is incredibly unsophisticated when it comes to communications.
15 to 20 years from now it will be but a blip on the radar. At the core of things the future of Tesla is bright... and we're still so early on the adoption curve, but there's nothing that can stop the slide....except a change of behaviour, and a refocusing of Elon's attention.
Also, once you by-pass the Twitter noise.... and Elon's antics, there's macro pressure on the stock as well.
And these are things outside of the Fed.
Take it for what it is, and recognize that the best buying opportunities are months away.
This should be a $300 stock, but those verticals wont get unlocked until years down the road....
if it doesn't bounce by the end of Jan, adjust perspective.
Be prepared to visit $40, before retesting $60.
It's a strong sell imo... for the time being. What your buying now can be bought for half price. It's not even worth scalping till after the next big drop.
There's concern that the brand image has been damaged. Investors are calling for proper evaluations of the damage done, others are seeking to have Elon flat out replaced at Tesla.... simply spending $44Bn on Twitter and having 100M followers hasn't put a smile on everyones faces. Recent antics continue to have Tesla at the forefront of public discourse for rather trivial and immature reasons. Strong selling pressure supports the negative sentiment, & the disapproval of his "neglect" of Tesla.
There's a desire for him to focus more on Tesla.... why not spend the money necessary to get Twitter to where it needs to be. He should just rebrand w/ a gold bird and step back. Tesla needs his attention. Its not the end of the world.... $66 to $40 is a fantastic buy zone.
Personally I don't see Elon finding a CEO for Twitter in the next 3 to 4 months. I don't see him managing his impulses to troll. I don't see him rebranding twitter. He spent $44bn.... and he should spend another $2 to $5 billions so it can run itself while he focuses changing the direction of Tesla. One of the things that exacerbate the situation is the lack of communication between the board and investors.... yet he owns Twitter. Tesla is incredibly unsophisticated when it comes to communications.
15 to 20 years from now it will be but a blip on the radar. At the core of things the future of Tesla is bright... and we're still so early on the adoption curve, but there's nothing that can stop the slide....except a change of behaviour, and a refocusing of Elon's attention.
Also, once you by-pass the Twitter noise.... and Elon's antics, there's macro pressure on the stock as well.
And these are things outside of the Fed.
Take it for what it is, and recognize that the best buying opportunities are months away.
This should be a $300 stock, but those verticals wont get unlocked until years down the road....
if it doesn't bounce by the end of Jan, adjust perspective.
Be prepared to visit $40, before retesting $60.
It's a strong sell imo... for the time being. What your buying now can be bought for half price. It's not even worth scalping till after the next big drop.
Everyday above ground is a blessing we often take for granted... remember to go outside and touch grass.
- God Bless
- God Bless