You know it is the time to drop when bullish sentiments abound. Last time when it was 198ish same thing happened. It dropped to 140.
$TSLA opex Fridays have been very good to put buyers as long as you have a quick trigger and do not get greedy.
Probably the car will be awesome, as always, though. But they won't deliver it in time. That's the problem.
That is kind of irrelevant. What is relevant: 1. They gonna use up the 200K cars $7500 credit by the time the 3 comes out. 2. They gonna burn through cash like prairie fire by the time they will be making it. 3. They won't be able to make it for 35K, not even close... 4. The giga factory is a huge money burning blunder. 5. Competition is beating them by at least 1 year. The more cars they make, the more they lose. They will be bought out for $40 in a few years...
$TSLA recent call achieved almost its short term goal and not sure if price will manage to push above $184 area and roll back to $145 easy M