DarkMessiah777

Some more observations on previous charts

Long
BATS:TSLA   Tesla
Unfortunately, I don't have enough time to thoroughly explain my charts. I do believe they are quite easy to read. Tesla fundamentally is a growth company, and are equity funded. That means it's unlikely they'll become insolvent, as their equity over compensates their liabilities. Brand is an intangible asset that Tesla has acquired through innovation and quality products. Despite people's love for combustion engines, it's fair to say EVs are here to stay. Traditional car companies are still not at the forefront of EVs as Tesla is. This means Tesla is a solid company that has a concrete reputation in the market and who's financial situation affords the company the ability to test and fail products in order to improve and remain the leader in the AI and EV revolution.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.