Rates are Neutral to Falling Slightly During the Month Before FOMC. TSLA has recently rebounded to the 185 level after dropping down to 176 on some of the highest sell volume we have seen in a while. I see this as an opportunity to benefit from lower rates, a bullish QQQ and stock market and especially tech sector. TLSA is trading at around 185, of 565 pre split; which makes is look incredibly cheap compared to its previous valuations when the price was around 1200 or 400 per share post split. This represented a market cap of over 1 trillion dollars at the time; similar to what Microsoft is being valued at right now. TSLA has some of the highest OBV and institutional ownership that it has ever had and will benefit from the Inflation Reduction Act; International Presence, and Global push toward green energy and energy independence by nation states.
One the bearish side; the stock is and has been for a while "over valued" compared to other auto maker peers, trading at a P/E of 56 while Ford sits around 13 or so. Additionally, more CAPEX with new plants in Mexico and China scheduled are likely to reduce EBITA in the near term, as is a flagging economy where people have less to spend.
Institutional Ownership of TSLA over time: fintel.io/so/us/tsla
Largest Owners of TSLA
www.investors.com/et...musk-is-selling-out/
One the bearish side; the stock is and has been for a while "over valued" compared to other auto maker peers, trading at a P/E of 56 while Ford sits around 13 or so. Additionally, more CAPEX with new plants in Mexico and China scheduled are likely to reduce EBITA in the near term, as is a flagging economy where people have less to spend.
Institutional Ownership of TSLA over time: fintel.io/so/us/tsla
Largest Owners of TSLA
www.investors.com/et...musk-is-selling-out/