TSLA Crashes to $5 per Share

Discussion in 'Stocks' started by Rams Fan, Dec 14, 2022.

  1. I've got it going to 60.
     
    #211     Dec 21, 2022
  2. newwurldmn

    newwurldmn

    Tesla’s are bought by urban well to do’s. Those skew democrat.

    The heavily skewed Republican areas are rural with very few if any Tesla’s.

     
    #212     Dec 21, 2022
  3. SunTrader

    SunTrader

    Yes but not 85% skewed.
     
    #213     Dec 21, 2022
  4. newwurldmn

    newwurldmn

    #214     Dec 21, 2022
  5. maxinger

    maxinger

    upload_2022-12-21_21-58-29.jpeg
     
    #215     Dec 21, 2022
  6. #216     Dec 21, 2022
  7. newwurldmn

    newwurldmn

    we as consumers don’t care about politics.
     
    #217     Dec 21, 2022
  8. Rams Fan

    Rams Fan

    I don't think this is entirely true. I think we care enough that there are going to be a number of non-MAGA people who will not like the looks they get from some of their anti-MAGA friends.

    I do think Musk is hurting sales. Anecdotally, I know one person who has cancelled his Tesla order and I had Tesla on my 2023 shopping list and I am no longer considering one. But that's only two. How many could there possibly be?

    As far as the shares go, any substantial rally attempt will need a weekly close back above $138.73. It is a magic level for these shares. You can see today how it is pivoting around that level. Any traction above could give be enough to spark a multi-day or even a multi-week rally.

    A weekly close below that level and if it doesn't recover soon after next week's open, then she could really gain momentum toward her destiny at $5 per share. Next week closes the not only the month, but the quarter and the year. TSLA bulls need next week's close to be higher than $138.73.
     
    #218     Dec 21, 2022
  9. Rams Fan

    Rams Fan

    Even if Democrats were only 30% of Tesla sales, it would cause a dent.
     
    #219     Dec 21, 2022
  10. newwurldmn

    newwurldmn

    maybe you are right about Tesla because musk is so polarizing. But I still think the number of consumers don’t care when it comes to buying stuff. They will buy the product most appealing to them and Tesla’s are sexy.

    (I cancelled my plaid in 2021 because I didn’t like the customer service).

    I bought some longdated Tesla calls.



     
    #220     Dec 21, 2022
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