Tesla Price Sequel

By Tim Knight of Slope Of Hope

Monday, April 22, 2024 6:53 PM EST

Cars Parked In Front Of Company Building

Image Source: Pexels

I put together an analog for Tesla (TSLA, if you honestly have to ask) which I think you might like. The stock is worth about one-third of its peak value. I’ve tinted the chunks of the analog for the past several years. We’re in the “grey zone” right now, and the real question is how much of its past behavior will be repeated, which had pounded the stock down to nearly $100 in late 2022.

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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

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