So much noise... Emotions & sentiment has no place in an investment portfolio When the fundamentals of the Business you're buying into remains sound with new products coming to market soon. Patience is key, not the short term noise.....& right now there is So much noise.
Tesla's Stock Is Set For A "Death Cross" On Monday: 3 Reasons Why It's A Risky Buy
Tesla's 50-day moving average is about to cross the 200-day, a bearish signal. Meanwhile, vehicle sales are slumping, while the valuation remains high.Tesla Inc. investors need to ask themselves: How do you price in sentiment?Chief Executive Elon Musk's involvement in Washington and his leadership role in the so-called Department of Governmental Efficiency, or DOGE, have been driving the narrative lately on Tesla's stock - for better or worse.The stock rallied in the final quarter of 2024, running up by 120% between late October and mid-December, partly on a strong sales outlook and partly because of Musk's closeness to President Donald Trump. Investors hoped his ties to the administration would be positive for Tesla.Now, though, those ties have become a liability for the electric-vehicle maker. People are vandalizing Tesla dealerships, charging stations and cars driven by its customers. Even those who aren't actively boycotting the brand may be deterred from owning a Tesla right now.
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