Tesla Slashes US Prices For 6th Time This Year! What Does That Mean?
is a compendium of charts and graphs that demonstrate what is common knowledge to most people — it is cheaper in the long run to do things right in the first place than attempt to muddle through by relying on what has worked in the past. Taking the cheapest way out often costs more money in the end.
It’s fair to say that a portion of Tesla’s lofty stock price has been a willingness to accept that Musk has great things in mind and those who are smart enough to buy into his vision will profit from their trust in that vision. They want to believe Tesla is the next Amazon, or Apple, or Netflix. They say that there are only two factors that affect the stock price of any company — fear and greed. For years, greed has propelled Tesla’s stock price into the stratosphere, but now reality is setting in among fears the gravy train might be ending. Tesla’s share price this morning, just an hour before the opening bell on Wall Street, is down slightly from yesterday’s close.There are other market forces at play here that informed readers will be aware of.
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