I don't like being the Bringer of Bad News because Tesla is one stock that I'll be in for the next 8 years however these are just some of the signals I'm reading and so I'm predicting a short term Bearish move, especially if there is nothing of substance to prop Tesla up in the next few weeks. This may be a good opportunity to bank some profits and hope to buy back later. That's my move anyway.... As always do your own due diligence and don't let emotions get in the way of a good trade.... I'd love to buy some more cheap shares but I'm LONG otherwise.
Remember China Ramping up Production adds to inventory but doesn't guarantee sales.
Remember China Ramping up Production adds to inventory but doesn't guarantee sales.