TSLA Crashes to $5 per Share

[Pekelo]

Tesla is recalling all 3,878 Cybertrucks, (aka all of them) because of a glued on pedal.

• They used an adhesive to keep the accelerator pedal on, not hardware
• They were having a hard time getting the pedal on, so they used a LUBRICANT to get it on as part of an "unauthorized" change
• They've made less than 4,000 Cybertrucks, bringing their average production to less than 30 per day

 

[Rams Fan]

 

[Picaso]

Any chance of Musk getting fired by Tesla's board?

 

[vanzandt]

Hahahah. I was looking for this thread earlier as my low has come into range... what was it... $142.75(?)... hold on.

EDIT: Ok, got it 141.75. If it breaks that, next stop... $5

Well there's my mp target, it momentarily shot below it by $1.75 for a few minutes... lets see if it holds for the next couple years.

--->$144.10

This one held for almost 2 years
https://www.elitetrader.com/et/threads/tsla-is-toast-epic-selloff.354650/page-15#post-5338568

 

[vanzandt]

TSLA is not going down until every short is dead. But it'll play this ratchet game (even with a downward bias) for months on end. And when it gets low enough assuming a downward bias, Sir Elon will surprise with something, and you'll see a HUGE, short murdering, gap up---- then the game resets and it's rinse, wash,repeat.

At an absolute minimum.... $141.75
It won't go below that.

I think it was $177ish the night I wrote that (nearly two weeks ago).
I must have sharpened my pencil or something that night, I forget.

 

[maxinger]

TSLA has been on a downtrend since a year ago.


The next support is 100.
If the support cannot hold,
then TSLA will become history.


If the regulator allows China-made cars in the US,
then TSLA will become history.

 

[vanzandt]

View attachment 338860

TSLA has been on a downtrend since a year ago.

On April 24th, 2023... Tesla closed at $162.55
As I type it's at $163.96. Not the best of 1 year performances, but you might wanna sharpen that crayon because magic it's not.

 

[maxinger]

weekly chart Big picture
At this moment,
It doesn't look bullish;
Even the blinds can see that the highs are getting lower and lower and lower.


But first, it has to touch $100 before we talk about touching $5.

 

[vanzandt]

View attachment 338860

TSLA has been on a downtrend since a year ago.


The next support is 100.
If the support cannot hold,
then TSLA will become history.


If the regulator allows China-made cars in the US,
then TSLA will become history.

Next up on the "downtrend list" .... that apparently isn't working real well for you atm... may I submit PZZA... $58.31.... as another "VZ say's you're gonna miss the big move up foregoing common sense with 'Youtube 101 TA for newbies'----TA."

 

[Overnight]

"Tesla will be a penny stock in 12 to 18 months..."

This was posted by you 18 months ago.

It is the OT idea of this thread.

You going to eat the crow, or just push away the fact that you totally suck at price prediction?

I have videos for you, if you wish, They are not flattering, though.

Are you going to admit you were WRONG?!??!