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ru24.net
News in English
Май
2019

Headline Hysteria Suggests Tesla Reversal

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If you are a regular reader of my offerings, you will be aware that I have been bearish on Tesla (TSLA) for quite a while. On March 1st, I wrote that the staffing cuts and other cost-cutting moves there could be a good sign in the long-term, but would prove problematic in the short-term, making the stock a sell. Then, three weeks ago, when the stock was jumping on news of a massive capital raise, I sounded a note of caution again. The stock is now 35% lower than when I made that initial call and, from a trading perspective at least, it is time…



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