Tom Nash

URGENT: Tesla Stock Alert

Added 2023-07-26 15:37:29 +0000 UTC

Dear Patreon members. Since last week’s Tesla earnings the share price dropped from $300 to around $265 as of this Wednesday (July 26). From a fundamental perspective, this drop makes very little sense.

This feels more like profit taking and a bit of overreacting than a sustainable pullback for the stock. I’m not trading Tesla myself, but at this point, I see the share price driving back up to $300 per share within the next few weeks.

Regardless, Tesla is currently below the 10% threshold line of $282 per share which means it’s in double down DCA territory for those of you who follow our long term strategies.

* Nothing in this article constitutes tax, legal, financial and/or investment advice, nor does any information in this article constitute an invitation and/or solicitation to invest in a particular security. This article merely expresses the author’s opinion and should be viewed as such. Before proceeding with any investments, you should do your own research and seek advice from an independent licensed professional.