πππThe end of the 3 year Swedish strike is an undeniable win for
$Tesla Motors(TSLA)$ . However a 4% bounce does not erase margin compression or negative free cash flows. At USD 340, the Tesla stock is in a volatile counter trend rally after breaking through its long term supports.
I believe it is best not to FOMO into this post strike carnival. The "Big Shorts" are circling for a reason & macroeconomic tech volatility is heating up. If you believe in Tesla's long term robotics and software transformation, it is best to dollar cost average into the stock.
Tesla is a great company but in the short term it can be volatile.
@Tiger_comments @Tiger_SG @TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments