Baidu is on the move and broke through a key resistance level. Best value Chinese tech stock at 15 PE ratio and still growing 20% yoy. Only retraced 21% back to the prior highs.
Tesla missed Model 3 deliveries by 5K vehicles or approximately 10% of analyst forecast of 55K vehicles for Q1 2019. With ASP of 50K for the long/mid range Model 3, this equates to about 250M in missed revenues for Q1 not including increases in shipping costs, etc. Stock appears to have reached a resistance at 292 and may reverse to the downside as an outcome of...
