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Has Tesla’s wunderkind lost his shine

From

chartpatterntradingstrategies.com

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daily@chartpatterntradingstrategies.com

Sent On

Fri, Oct 28, 2022 09:31 PM

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But trading expert, Jay Soloff just revealed the secret to his income strategy that boasts an incredible 95% win rate. [Click here to learn more.]( Sponsored  ---------------------------------------------------------------  There’s something about celebrity and fame that people tend to forget… And that’s the simple fact that you’re popular… until you aren’t. Sometimes… People just fall out of favor. However, in business – it’s a little different. In business, you’re popular… Until people stop making money with you. It’s a harsh fact… Is Elon losing his luster? Tesla is fine. No, there’s another reason people are starting to get a little tired of the South African tech superstar… And that’s the fact that Elon Musk loves to make bold predictions. Sometimes… he’s right. However, sometimes he says things that are so outlandish – that people start to question whether he’s a certifiable genius… Or just a genius marketer. And what I mean by this is the fact that about an hour before the market closed recently, Musk strategically tweeted: “I will not let you down, no matter what it takes” And for some reason – investors ate this up – and the pushed the stock higher as the market came to a close However, that’s not an example of what I mean… That came during Tesla’s earnings conference call when he made the fantastical claim that his company’s market value – around $700 billion today – will one day surpass Apple (AAPL) and Saudi Aramco… Combined. As he also teased a stock buyback of anywhere between $5 and $10 billion next year. Now, I’ll admit, Musk hasn’t disappointed Tesla’s shareholders yet… But those bold claims will need to be backed up or he’ll be facing some big backlash – because one thing I know for certain: his $4 trillion valuation is a BIG ask Tesla has an ambitious target to grow deliveries by 50% a year over a multi-year time frame – and it most likely won’t hit that target in 2022… But it could also mean that demand for EVs is starting to fade – as some data suggests that year-on-year growth for Tesla’s cars is slowing in the US. Tesla’s stock has lost nearly HALF of its value from last year’s high. Of course, investors are still riding high on the 800% gain the stock has recorded over the last five years… Plus, you can’t forget the Twitter takeover debacle… Regardless, Elon has made some very big promises – and if he wants his standing and his company to remain at the top of the mountain – he better deliver. Delivering is something GorillaTrades knows all about… We’ve been delivering stock opportunities for years now – 23 years tpo be exact – and it’s why we’re one of the most trusted stock services on the entire internet. We don’t make recommendations on emotions or guesses… Our picks are based data and hard numbers – not gut feelings. The information provided is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are from 3rd parties, claims have not been independently verified by us, and we have not been compensated in any way to review the companies or symbols mentioned. [Read the original article here.](  ---------------------------------------------------------------  This $10 Stock Is Set to Trigger a $7 Trillion Market by 2050 It’s not artificial intelligence, electric vehicles or 5G. In fact, it’s set to grow faster than all those industries. 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[Find out more about the "secret stock" here.]( Sponsored  --------------------------------------------------------------- [Chart Pattern Trading] This contains contains paid ads from 3rd parties, for a product or service that is not offered, recommended or endorsed by us and for which claims have not been independently verified. We bear no responsibility nor have control over the content and /or the products or services offered[.]( The information is intended for informational purposes only and does not promise any results. There is a high degree of risk involved with trading. Nothing herein should be construed as an offer, or solicitation of an offer to buy or sell securities. You should always consult with a licensed securities professional before purchasing or selling securities. If you use, act upon or make decisions in reliance on information contained herein or any external source linked within it, you do so at your own risk and agree to hold us, our officers, directors, shareholders, affiliates and agents harmless. Principals, employees or affiliates of our company may have an interest, a position or effect transactions in the companies discussed (or options thereon) and /or otherwise employ strategies that may be consistent or inconsistent with the provided strategies. Please review our [TOS](. Company information for Chart Pattern Trading: Digiclicks Ltd, 2423 SW 147th Ave #790, Miami, FL 33185, USA. Phone: 305-686-8087 In order to unsubscribe from this mailing list, please click [here](

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