$Tesla (TSLA.US)$ is the stocks split a cover up for the Sha...
$Tesla (TSLA.US)$ is the stocks split a cover up for the Shanghai plant shut down for Tesla?
Sound just too much of a coincidence
Sound just too much of a coincidence
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Milk The Cow : Maybe...![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
.
But I don't think so
Stock price still going up / maintaining even when that "lockdown" had started.
Milk The Cow Milk The Cow : Furthermore it's only about 4 days:
https://www.reuters.com/business/autos-transportation/tesla-suspends-production-shanghai-factory-4-days-comply-with-covid-curbs-2022-03-28/
Hope this clears everyone doubts.
PandaMoo : Stock split plan is definitely real one; u can check the real document, (in the announcment page) so not merely a rumor or "fake/cover-up campaign".
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
With a "lower" price after split, bankers/mutual funds who usually hedging will be lesser aggressive to bring the stock price down too to reduce their risk and increase their buying power (quite complicated to explain, but true). Temporary close for Covid is quite common nowadays, it is part of "living with covid" thingy.
Trade safe and remember to ride the wave, this is TSLA, which needs a different mindset and unique strategy to gain from its mad volatility.