@vchong8:
$Tesla Motors(TSLA)$ TESLA stock price has dropped from a recent high of $488 18th Dec 2024 post election results when Trump won to $419 on Trump's inauguration on 20th Jan. Post earnings, Tesla continue it's downtrend to $361 7th Feb. Why I was bearish from $488 and continue to believe that Tesla will revisit the $300 level soon. Fundamentally, a lot has changed, Tesla late release of new cheaper models, Model 2 expected in Mar this year and a $5,000 price increase for Model X are just the beginning of a slew of negatives. Trump's rollback of green energy initiatives will continue to hurt and give reprieve to Ford and GM. A dramatic 11% drop in China's EV sales was not unexpected given the fierc