Interesting example of simple TA. One could have bought the moving average cross or bought new high of the relative strength line. Did not see any of that here...
The first thing where Tesla loses it's"supremacy": Without hands: Mercedes beats Tesla with the first car in which you can drive hands-free Mercedes-Benz is the first car manufacturer to receive permission from the United Nations for long-term driving without hands on the wheel. Competitor Tesla, who has been propagating for years to be the furthest with self-driving cars, is behind. From next year, at speeds of up to 60 km/h, the driver will be able to drive hands-free and shop online, watch a film or answer e-mails on the central screen. In practice, the speed limit means that the system can at most be used in traffic jams or during road works, because under other circumstances you are obliged to drive faster on a highway. Breakthrough Anyway, Mercedes is now the first car manufacturer to receive approval from the UN for this so-called 'Level 3 system' and that can be called a breakthrough. It does not mean that the brand can bring this technology on the road anywhere in the world. Each country can determine individually whether the driver is actually allowed to take his hands off the wheel. In Germany, where Mercedes plays a major role in the economy, this permission has now been granted by the Kraftfahrt-Bundesamt (KBA), the German equivalent of the DIV. But in Germany too, the approval only applies to a limited number of specially designated highway sections, with a total length of 1,391 kilometers. 2F-mercedes-without-hands-beats-tesla-with-first-hands-free-driving-caraed3a7dd%2F Maybe one of the reasons why Musk is selling for billions Tesla stock. He is in the best position to see how the real situation is evolving. His inside information can help him to sell at the top. Tesla's Global EV Market Share Fell 21% So Far In 2021 Tesla’s global EV market share for the first seven months of 2021 was 13.9%. One year ago, the first seven months of 2020, it was 17.7%. This means Tesla’s global EV market share fell 21% this year (3.8% divided by 17.7%). Are Tesla investors aware of this market share trend? I suspect many are not. The global EV market grew 154% year over year. Tesla grew “only” 99%. That’s another way to express a 21% market share loss. https://seekingalpha.com/article/44...v-market-share-fell-21-percent-so-far-in-2021