Tesla Stock: Ready for a Pullback or are we Just Getting Started?
Tesla recently broke through the 200-250 dollar resistance level, closing at a hefty 338.59. This impressive surge has many wondering if this momentum can continue, or if we are about to see a correction. With Governor Newsom’s proposal to repeal the 7,500 dollar federal tax credit, the already tense relationship between California and Elon Musk could create additional headwinds. Could this political pressure be the catalyst for a pullback? Or is this just a minor bump in the road for Tesla's continued growth? What are your predictions for Tesla's stock price in the near future? Is this the time to buy the dip, or should investors proceed with caution? Let's hear your take on the current state of Tesla and what factors you believe will have the greatest impact on its stock performance moving forward. Given Musk’s previous reactions to California’s policies, how much influence do you think this potential repeal will have on Tesla’s trajectory?
Tesla Stock: Ready for a Pullback or are we Just Getting Started?
Tesla recently broke through the 200-250 dollar resistance level, closing at a hefty 338.59. This impressive surge has many wondering if this momentum can continue, or if we are about to see a correction. With Governor Newsom’s proposal to repeal the 7,500 dollar federal tax credit, the already tense relationship between California and Elon Musk could create additional headwinds. Could this political pressure be the catalyst for a pullback? Or is this just a minor bump in the road for Tesla's continued growth? What are your predictions for Tesla's stock price in the near future? Is this the time to buy the dip, or should investors proceed with caution? Let's hear your take on the current state of Tesla and what factors you believe will have the greatest impact on its stock performance moving forward. Given Musk’s previous reactions to California’s policies, how much influence do you think this potential repeal will have on Tesla’s trajectory?
- By Anonymous