Even without a death cross - I still wouldn't buy lol. So many issues including deliveries down, political issues, alienation from normal customers, etc..
Tesla's Stock Is Set For A "Death Cross" On Monday: 3 Reasons Why It's A Risky Buy
Tesla's 50-day moving average is about to cross the 200-day, a bearish signal. Meanwhile, vehicle sales are slumping, while the valuation remains high.Tesla Inc. investors need to ask themselves: How do you price in sentiment?Chief Executive Elon Musk's involvement in Washington and his leadership role in the so-called Department of Governmental Efficiency, or DOGE, have been driving the narrative lately on Tesla's stock - for better or worse.The stock rallied in the final quarter of 2024, running up by 120% between late October and mid-December, partly on a strong sales outlook and partly because of Musk's closeness to President Donald Trump. Investors hoped his ties to the administration would be positive for Tesla.Now, though, those ties have become a liability for the electric-vehicle maker. People are vandalizing Tesla dealerships, charging stations and cars driven by its customers. Even those who aren't actively boycotting the brand may be deterred from owning a Tesla right now.
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