thatinvestorlife

Selling pressure till the new year

Long
NASDAQ:TSLA   Tesla
Elon still has a ways to go until he's done selling 17mm+ shares equalling 10% of his ownership. With that being said, I can't see large institutional investments being placed into his selling. Along with the fear of persistent inflation and hence margin pressure for the company, continued short-term selling pressure till the beginning of the new year is possible.

Do you agree or disagree, leave a comment!

*not financial advice*

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