More $TSLA+6.5% bullish news 🚀🚀🚀
Tesla got an upbeat outlook from Morgan Stanley as all Model 3 variants in the US qualify for the full $7,500 tax credit.
This means just another boost for Tesla sales and just a little more dominance for the world's best car company 🫡
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That's good news for shareholders, but if the market turns around now and goes backwards a bit, Tesla will go with it.
It would be fine if there wasn't the ALE that @rickiereeve writes about below :)
This is great news, but it has its hooks. If a person (living alone in a household) earns more than $55k a year, they are only eligible for the original $2000 credit. The median annual salary is similar, if not higher. Further, this is deducted based on the number of members in the household. Many people do not qualify for this relief.
Keep it up 👌This may help sales in a way, but I probably wouldn't count on a crazy increase.
So bullish it is, but is it that bullish?