As ever the PR is spot on for Tesla:- https://news.google.com/news/search/section/q/tesla/tesla?hl=en-GB&gl=GB&ned=uk But when will we see the gravy? When will the company move into longer term profit? I suspect some way off yet - who will continue to buy the jam tomorrow story?
Well I never, take your eyes off the shares for just a few days and they have bounced to in excess of $350 a share! There is no doubt you are backing the man not the company when investing in Tesla.
Bounced off $360 right down to the mid-$320. Those brave enough to trade Tesla, and clever enough to read the trends, could make a fortune!
Elon Musk is this generation's Tony Stark. He's advancing with tech that we could only dream of and now he's making it a reality.
Looks to me like the shares are again heading towards the $300 support level - will they fall below $300 this time?
The shares might be in need of some of Elon's PR magic if the slide continues for much longer. If I didn't know better I would guess there was a fund raising going on behind the scenes - but surely the company does not need any more money in the short term? If so, I am not sure investors will be too forthcoming unless they start to see some good news.
Things have been a little quiet at Tesla for a little too long - expect some big news in the short term
Is Tesla letting quality slip? https://www.cnbc.com/2018/03/14/tesla-manufacturing-high-volume-of-flawed-parts-employees.html
