Heavy depth at the ask is holding TSLA down for now. The weak hands are cashing out - this is likely an exodus of stimulus buyers as funds are needed for daily living. Once we see price penetrate the $700 level, we should see an acceleration in the next major buying wave which will run up to $1500.
I was personally mistaken in formerly viewing Tesla as merely an EV manufacturer, they are far more than that. Musk is the Warren Buffet of our generation, TSLA is the new Berkshire and still in its infancy. Titanic growth ahead.
I was personally mistaken in formerly viewing Tesla as merely an EV manufacturer, they are far more than that. Musk is the Warren Buffet of our generation, TSLA is the new Berkshire and still in its infancy. Titanic growth ahead.