Tesla Falls 2% Premarket as Sales Drop in Sweden, Denmark and France for Seventh Straight Month
Reuters2025-08-01
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After falling 2% on Friday, Tesla for me is still a sell/short. The bottom is a very very long way down still, with a PE of more than 190, and the trend still showing falling sales and margins. What is worst, the full impact of Trump's Big Beautiful Bill has yet to be felt. That will come in the next quarterly earnings report in 3 months.
SEVEN straight months of falling sales! Whose still clutching on to this falling knife? Watch $295 line. If it does not hold, we can expect a mega drop to the level JP Morgan and Wells Fargo has called for Tesla's fair value. And that is $120!!!
Bullshit la, that day earnings out already toldbout these isu but market maker pushed theprice up, now push down n comes with this news, Tesla manipulated stocks
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