Tesla needs a period of consolidation, this volatility is okay for day traders but it can be a nightmare for more traditional investors.
Watch out for sharp falls/profit taking with some of the riskier techy shares such as Tesla. They WILL get oversold at some stage - keep a very close eye
I would be interested to hear everybody’s view on Tesla. I have watched the shares for some time now and share price movements seem to be extremely random. Any idea what is going on?
There are some wild wild swings in the Tesla share price - no matter how hard they try to inject positive stories, the sellers come back time and time again. I wonder how many shares have been sold short?
I am at a loss to know what to do about Tesla any more - I think there are still big question marks over the company's short to medium term future. Will they need more funding in the short term?
Flip a coin - heads it will be a winner, tails it will go out of business soon, it really is on a knife edge in my view.