Quote (Bazi @ Apr 2 2024 09:59am)
Anyone following this knew the numbers were gonna be awful, China numbers have been broadcasted loudly
Honestly should have been a 10% day , the fact it’s holding up and above recent lows - smells like a local bottom. Bought a bunch a few weeks back, if it breaks lows I’ll look for 140s to average but my bet is on a bounce
Yea.. you cant really stop pressure of a weak macroeconomy. China has been struggling but their government is finally stepping in with stimulus so we’ll see what the future brings.
I think the hopes of FSD successfully launching is greater than shit delivery #s, so that might be keeping TSLA from crashing into the abyss. I’ve been watching a lot of FSD v12.3 drives on youtube and its pretty exciting stuff. Also i think most of the bad news may be priced in, like a bad Q1 earnings. We’ll see.