Tesla's Fate Is Sealed

The stock can't fight gravity [Shah Gilani's Total Wealth] BROUGHT TO YOU BY MANWARD PRESS Tesla's Fate Is Sealed SPONSORED [Financial Insider Reveals How Big Banks Robbed Americans of $603 BILLION]( [Bank Robber]( Here's how to turn the tables and FORCE them to pay you up to 255 times more income on your savings. [Learn this nine-digit "Magic Code" right here.]( [Shah Gilani] Shah Gilani Chief Investment Strategist I'll admit it. I'm a huge Elon Musk fan. He's no Einstein, but a lot of people think he's close. He's no Nikola Tesla either. He's smarter than the namesake he chose for his EV company. And when it comes to SpaceX, Musk's Space Exploration Technologies Corporation, it's hard not to acknowledge he is defying gravity with his reusable rockets constantly piercing the atmosphere. But that's not the same thing as reversing gravity, which is what he's got to do to save Tesla's stock. Before all the Tesla fans out there start hating me... I'm a huge fan of Tesla cars. They're superfast, they're super-efficient and some models are super cool. But I think Tesla's done. SPONSORED [How Can YOU Target Winning Stocks With the Help of ChatGPT?]( World-renowned hedge fund manager Alpesh Patel reveals... For the first time ever... The test results from his own ChatGPT-enhanced strategy. He says they can be summed up in one word... SHOCKING. [Watch Now]( The stock is in a wicked two-year downtrend. And as most investors know... "The trend is your friend." In other words, betting the stock is going to escape gravity here is like pushing on a string. Tesla's stock fell from $414.50 on November 1, 2021, to $101.81 on January 6, 2023. That's a drop of $312.69... or 75%. Yikes! Sure enough, the stock bounced, got close to its $315 resistance - close but no cigar at $299.29 - and faded back down to $212. It tried to rally, drifted back down, tried to rally again... each time making lower highs until third quarter earnings came out in October. And with that... Tesla's fate was sealed. The good news in the earnings report was that total revenue was up 9%, but not so good was that auto revenue was up only 5%. Operating expenses were up 43%... and capital expenditures up 36%. What was down, big-time, was free cash flow. That fell by a frightening 74%. And operating margin fell 9.6%. Musk was downbeat on the earnings call, lamenting higher costs, slowing sales and slowing growth. Not the positive guidance investors were hoping for. One bright note - which I'm about to throw cold water on - is the company is supposed to make its full-year deliveries number of 1.8 million vehicles. That would be a record. Musk says it could be 2 million. Unfortunately, that "good" news is now "bad" news for Tesla. The more cars they make, the more inventory they accumulate, the more they're going to have to cut prices, the deeper their profit margin's going to fall and the faster they're going to go through cash. Tesla's already cut prices a few times in 2023, slashing stickers on their S and X models by 19%. And if Tesla bulls think deliveries of the new Cybertruck, due to start reaching customers later this month, will launch the stock, they might want to think again. The truck is unproven. Period. SPONSORED [AI Super Trader Summit]( Sure, demand was high and pre-order numbers were amazing, but now the company says they're going to make buyers sign an agreement that they can't sell the truck for a year. Why? Because Musk doesn't want everyone still waiting for a Cybertruck to pay up exorbitantly in the secondary market. That's interesting and novel. And likely stupid. What if there are problems with the truck? What if you have to sell it, for whatever reason, and you can't? Would you buy an unproven vehicle you may hate but can't sell? And yes, the Cybertruck is bulletproof, which is a must-have feature if you're driving into a war zone. But demand for trucks is full of holes. Ford's Lightning all-electric truck, the new F-150, the most popular and bestselling truck in America by far, is suffering from poor sales. Ford cut shifts at its Rouge Electric Vehicle Center, where Lightnings are made, because sales were down 46% year over year in Q3. The outlook on Tesla is so cloudy, the company's biggest cheerleader, Cathie Wood and her Ark funds, just dumped a million shares. HSBC analyst Michael Tyndall just initiated coverage on Tesla with a "Sell" rating and a $146 price target. Ouch. So if you own Tesla shares... make sure you have an exit plan. Maybe a stop loss at $195 will work for you, provided you bought shares a lot lower. If you bought shares a lot higher, good luck. But I'm showing my paid subscribers how to play a sinking Tesla stock. We just put on a doozy of a put spread in my trading research service Alpha Money Flow... and we're targeting a quick 125% gain. Tesla bulls... you've been warned. Cheers, Shah Shah Gilani Shah Gilani is the Chief Investment Strategist of Manward Press. Shah is a sought-after market commentator… a former hedge fund manager… and a veteran of the Chicago Board Options Exchange. He ran the futures and options division at the largest retail bank in Britain… and called the implosion of U.S. financial markets (AND the mega bull run that followed). Now at the helm of Manward, Shah is focused tightly on one goal: to do his part to make subscribers wealthier, happier and freer. You are receiving this email because you subscribed to Shah Gilani's Total Wealth. To unsubscribe from Shah Gilani's Total Wealth, [click here](. Need help with your account? [Click here](. Have a question or comment for the editor? [Click here](mailto:mailbag@manwardpress.com). Please do not reply to this email as it goes to an unmonitored inbox. 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