TSLA will continue to drop and break the current support level... going lower in the coming months. CHART looks terrible and a breakdown of the triangle setup is imminent
Expect a dead cat bounce at support and then for the continuation in the move lower.
BYD will destroy TSLA with cheaper and higher quality cars. the Game has only started and its only the 1st quarter so expect more downside to TSLA. I expect TSLA to go defunct or get taken over in the next decade.
Also. I dont expect the cheap money from the Fed to save TSLA either... That cheap money which is printed will end up in BYD's and buffets pocket.