How Low Could Tesla Go? The Case For $20

Bulls see the bottom at $180; Bears eying levels under $100; Ultimate low could be $20

Feb 08, 2024

∙ Paid

As Tesla fell by 16% into its January 24th earnings results, the bulls were resolved on buying more Tesla shares if it “falls below $200”. Both the earnings results and 2024 outlook were diabolically bad, so the bulls got their wish of an “under-$200” entry point.

The stock is now consolidating around the $185 level and many of the bulls are declaring t…

Keep reading with a 7-day free trial

Subscribe to Motorhead to keep reading this post and get 7 days of free access to the full post archives.