TSLA
๐ Tesla has experienced a significant drop, falling by 50%.
๐ Elon Musk’s involvement in politics is generating negative sentiment, potentially affecting sales.
๐ Despite recent gains, the company is still considered overvalued based on its fundamentals.
๐น The analyst sees it as a short-term trade opportunity, not a long-term hold.
@marcosemmimfp:
“If you look at Tesla, in a single day, it fell 15%. Tesla has been dropping by 50%, which is crazy. When you look at Apple, it’s also down by 20-something percent. If you grab, not obvious, but when you grab it from the top, yes, it’s quite a bit; it’s 50% down. Tesla, when you look at Nvidia, also had a very good correction. Meta, Microsoft, whichever you want, Google also. Whichever one you pick, they fell a lot. The only one that, in my opinion, is still expensive is Tesla. When you look at the fundamentals, how much is Tesla worth? Well, it’s worth 10; the market is at 100. Well, that’s expensive. Tesla is expensive because there is a lot of expectation that it will go to the moon. It’s expensive, it’s expensive, and I’ve been telling everyone, ‘Guys, be careful.’ He got involved in politics. I bought Tesla the other day. I caught the rise. In fact, today it’s going up; I’m like 10% up in two days. You like that, but it’s a trade, 50%, like a quick move. I’m not going to keep it forever because it’s expensive. I don’t like it.”
Watch the exact part of the video where Marcos and Nahuel talk about Tesla here:
View the video on YouTube.
Read more articles by the world’s top 100 analysts on Tesla (TSLA) at the following link. TSLA stock.
