"Tesla (TSLA) on Sunday reported first quarter delivery and production numbers that topped estimates, indicating price cuts it initiated across the globe are boosting demand." ~ Yahoo News
Be interesting to see what it does for the price when the market open on Monday. The other good news in Teslas favour is the US EV car buying subsidies are increasingly being based on how much of the complete vehicle from batteries to body panels is being made locally in the USA. This will further boost Teslas attractiveness to buyers and give imported EVs less of a price advantage - ignoring any of their technical limitations.
From a technical perspective, I like the look of the MACD and where it is at the moment.
Worth a watch to see where it goes.
Be interesting to see what it does for the price when the market open on Monday. The other good news in Teslas favour is the US EV car buying subsidies are increasingly being based on how much of the complete vehicle from batteries to body panels is being made locally in the USA. This will further boost Teslas attractiveness to buyers and give imported EVs less of a price advantage - ignoring any of their technical limitations.
From a technical perspective, I like the look of the MACD and where it is at the moment.
Worth a watch to see where it goes.
Note
Looking ugly in the pre-market. Down 3%. (It was up 6% on Fridays trade so might just be settling)
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.