It seems Tesla bonds were on to something after all…
After trading higher in the pre-open, bouncing after Tuesday’s tumble, investors have resumed aggressively selling Tesla stock this morning (not helped by news of a new probe into the carmaker), sending it back below the $300 Maginot Line… down over 18% from its post-Model 3-production-goal spike…
TSLA also broke below its 50DMA…(having already broken below its 100DMA and 200DMA)…
This has obviously upset Elon Musk, who is now taking aim at analysts on CNBC…
Strange. @cnbc, is it true that you are putting on analysts with such low ratings & extremely bad prediction records? Are your viewers informed about an analyst’s track record before hearing their opinion.
— Elon Musk (@elonmusk) July 5, 2018
Time for another audacious goal announcement to distract from the carnage.
via RSS https://ift.tt/2IUsoyb Tyler Durden