Smellsmells
2023-10-19

$Tesla Motors(TSLA)$ bearish for now but predicting that the price will rebound back approaching nov 30 once the cybertruck is released. Any delay will cause the price to be bearish again. Nevertheless thought that the announcement yesterday was sincere and honest and this is what current businesses are facing now with high interest rate environment and cutting profit margins to make their products affordable to consumers and cost cutting measures. Long term bullish but short term till Nov 30 bearish. Good for bargain hunters this period though. 

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