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Tesla faces longest losing streak in 15 years
Shares $TSLA have fallen for seven straight weeks, the longest decline since it went public.
Key reasons for the drop:
-Bank of America and Goldman Sachs cut target prices on $TSLAstock due to falling sales and market uncertainty
- Musk's political involvement and controversial statements negatively impact investor sentiment in the US...
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I remain optimistic. I believe in Tesla and the stock should rise over the long term, so I'm buying.
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I've put my money on $TSLA and now I'm buying in. We'll see how far the price goes, as it's possible it will eventually get to $250.
Today, $TSLAstock is down 6%. The stock has been cheaper lately and the price doesn't look so bad anymore. I think the stock is still expensive, but I'd be interested in @ondar007' s opinion on the current price.
Are you buying $TSLA stock or do you think it is still expensive?
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Long term the stock will probably go up, but for me it's still a big risk and I would definitely not buy now.
Things have calmed down quite a bit now and it looks like the stock could slowly start to rise.