The stock had impressive QEarnings, being the only car company having profits.
Yet several things happened, Elon Musk Tweeted that the stock was too high, made a drop in the price, a spike rejection on the 860 Level, David Einhorn tweets hinting that the reports may not be 100% true, reports show the value of Tesla to be close to BMW , overvalued at the moment.
Tesla is fulfilling orders in 2020 from 2019.
Some people may think twice now before buying a new car.
Company of the future, YES!!! no doubt...
But right now has to deal with problems like everyone else.
May is coming, second wave of Covid-19 is possible and above all, we have again a USA-CHINA trade war.
This may bring implications with Tesla.
Trade safe, cheers
Yet several things happened, Elon Musk Tweeted that the stock was too high, made a drop in the price, a spike rejection on the 860 Level, David Einhorn tweets hinting that the reports may not be 100% true, reports show the value of Tesla to be close to BMW , overvalued at the moment.
Tesla is fulfilling orders in 2020 from 2019.
Some people may think twice now before buying a new car.
Company of the future, YES!!! no doubt...
But right now has to deal with problems like everyone else.
May is coming, second wave of Covid-19 is possible and above all, we have again a USA-CHINA trade war.
This may bring implications with Tesla.
Trade safe, cheers