Will
$Tesla (TSLA.US)$ goes north or south this time? Do you have any related buying/selling that is worth sharing?
All cyclical stocks including Tesla are not spare by the economic downturn caused by various factors. Recently the share price plunged to its lowest after the stock split in August (other technology stock prices like
$Apple (AAPL.US)$,
$Alphabet-C (GOOG.US)$,
$NIO Inc (NIO.US)$ also crash). I'm a holder because the factors that cause the downtrend are temporary (Ukraine war, inflation, FED rate hike, BOE raise tax etc) and when the negative sentiments disappear, the share price will soar. The question is when. Those with the holding power will win.
Tesla has a moat that is different from other companies - whoever investing in this company are also investing in the technology whom Elon is managing such as Starlink, Neuralink, SpaceX, OpenAI, Solar City etc. The company is way ahead of its competitors in term of production, sales, technology and research. The corporate governance is in good shape and its finance is healthy.
Another other factors that may crash the share price? Twitter saga, CEO selling his share, Elon's court cases or another Fed's rate hike ... (nothing new). If you have taken the above into account, I think the stock will go north 📈 to the moon 🌘. 😎