In today’s briefing:
- TSLA: Time to Buy?
TSLA: Time to Buy?
- Tesla (TSLA US) has been falling for 5 weeks in a row, this would be the sixth. Our quantitative proprietary models indicate a deeply oversold stock, possibly ready to rally.
- A new vehicle launch, a long-awaited cheaper EV (sub $30,000) expected this year, plus refreshed Model Y sales, and unsupervised full self-driving could be good catalysts.
- Musk’s approval ratings keep sliding daily, but many analysts think that is irrelevant and the stock’s growth story remains intact (at least in investors’ eyes…). Time to BUY?
💡 Before it’s here, it’s on Smartkarma
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