Tesla Summer Prediction

Trina Mathews

Junior Member
Joined
Apr 18, 2016
Messages
102
Reaction score
38
Hey guys, been updating myself lately about Tesla. There are articles stating that Tesla shares are going to see sharp falls as interest rates increase after the coronavirus crisis. However, it is also been said that shares will got a boost at the end of the summer when will Tesla announced its first ever stock split. How about you guys, what are your predictions?
 
(edited out my opinion on the impact of covid) I ordered my Tesla and I'm waiting for it to arrive in 2 months. The only way I see Tesla dropping drastically would be if they can't keep up with production this year. Otherwise, it should be pretty stable.
 
Hey guys, been updating myself lately about Tesla. There are articles stating that Tesla shares are going to see sharp falls as interest rates increase after the coronavirus crisis. However, it is also been said that shares will got a boost at the end of the summer when will Tesla announced its first ever stock split. How about you guys, what are your predictions?

Depends on the approach you want to take. Theres the technical analysis that observes price action and trends then there's the more fundamental approach that focuses on new competition in the ev market and that is typically where sentiment derives from.

I believe that you need to take everything into account. But is mostly hinges on the type of investor you are. Long term believer in tesla or in it for short term swings?

Buy the dip!
 
The interest rate wont only affect tesla, but the global stock market, it is a macroeconomics thing. Regarding tesla, as it already overprice then it is only a matter of time
 
Depends on the approach you want to take. Theres the technical analysis that observes price action and trends then there's the more fundamental approach that focuses on new competition in the ev market and that is typically where sentiment derives from.

I believe that you need to take everything into account. But is mostly hinges on the type of investor you are. Long term believer in tesla or in it for short term swings?

Buy the dip!

Yeah you are right - I think I'll have to check on both the technical and fundamental analysis to see the whole thing and its stock movement.

Praying that it's a bull market :D
 
A Level 3 self driving car for mass production after Honda did it first. And I hope that debt buble in USA economy of USD 29 Trillion(2021) up from USD 19 Trillion(2019) don't burst.
 
Back
Top