Tesla Stock: Poised for Continued Momentum or Facing a Correction?
Tesla stock has seen an impressive surge recently, breaking through the 200-250 dollar resistance. However, with potential headwinds like the proposed repeal of the federal tax credit by California's governor, is this upward trajectory sustainable? Could this news, coupled with Elon Musk's previous conflicts with California, trigger a sell-off? Where do you see Tesla stock heading in the short term? Is this a buying opportunity or a time to take profits? Furthermore, how much will the potential loss of the tax credit impact Tesla sales, especially in California, a key market for EVs? Let's discuss the potential impact of these developments and share our predictions for Tesla's stock performance. Is this a bump in the road or a sign of things to come? I'm particularly interested in hearing from long-term Tesla investors – how does this news influence your outlook?
Tesla Stock: Poised for Continued Momentum or Facing a Correction?
Tesla stock has seen an impressive surge recently, breaking through the 200-250 dollar resistance. However, with potential headwinds like the proposed repeal of the federal tax credit by California's governor, is this upward trajectory sustainable? Could this news, coupled with Elon Musk's previous conflicts with California, trigger a sell-off? Where do you see Tesla stock heading in the short term? Is this a buying opportunity or a time to take profits? Furthermore, how much will the potential loss of the tax credit impact Tesla sales, especially in California, a key market for EVs? Let's discuss the potential impact of these developments and share our predictions for Tesla's stock performance. Is this a bump in the road or a sign of things to come? I'm particularly interested in hearing from long-term Tesla investors – how does this news influence your outlook?