Shares of $TSLA were down 10% in aftermarket trading yesterday. This was likely due to a drop in Tesla vehicle deliveries and the introduction of new tariffs. I'll be overbought other stocks today, but if the price drops again to $220, I'd still buy.
Will anyone be overbought on $TSLAstock today , or will you focus on other titles?
Let's see how the stock reacts tomorrow and if anything changes. But if Musk really does leave DOGE and start focusing on his companies, the stock should rise again.
📅 Weekly overview of key events that can move the market:
None of the companies I follow are reporting earnings this week, so I will focus only on macroeconomic data. Earnings season starts again next week!
📊 Tuesday
ISM Manufacturing PMI (US) - An index that tracks activity in the manufacturing sector. It serves as a leading indicator for the overall health of the economy.
Job...
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There will certainly be an interesting reaction to Tesla stock. Otherwise, I agree that $GOOG looks very interesting and I'll probably overbought as well.
Things have calmed down quite a bit now and it looks like the stock could slowly start to rise.
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.
It's finally calmer, but I've been shopping around that $220 a lot. Now I'm looking forward to robotaxi😃