Tesla shares dropped 13% in Nasdaq US Stock Exchange on Thursday after the company said that sales growth would be "notably lower" this year due to falling demand, more competition, and high interest rates that were not going away, which were making price drops less effective
Tesla shares dropped 13% in Nasdaq US Stock Exchange on Thursday after the company said that sales growth would be "notably lower" this year due to falling demand, more competition, and high interest rates that were not going away, which were making price drops less effective.
Investors were told that the US company that makes electric cars was "between two major growth waves" in an earnings report that came out after the stock market closed on Wednesday.
Elon Musk, Tesla’s CEO, said that the company was getting ready to start making a new, cheaper car in the second half of 2025. This is five years after first mentioning plans to do so. The model would use "revolutionary manufacturing technology" to make it cheaper.
How to get out from Tesla Share right before the share price plunge ?
Ans: Join our private groups.
On 13/12/2023 – I shared my analysis in Telegram Groups that Tesla if cannot hold its price at 230 level, it may come down to 210.
On 11/01/2024 – I shared my views on the Tesla Technical Chart.
So, when can you Buy? What price shall you look into it?
1. I shared my latest opinions at Patreon and Telegram Group.
2. If you want to join, kindly register an Foreign Stock Trading Account with me.
Steps:
(a) Download M+ Global APP
(b) Sign up using Phone Number
(c) Insert my Invitation Code: UBZQ
(d) Wait for the confirmation
