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My investment in Tesla
18 Aug 2021 (498 views)

I have 500 shares in Tesla. The share price was at $720 USD a week ago.

I was waiting for Tesla AI (artificial intelligence) Day on 19 August for the stock price to move up to $800.

Instead, there was news about an investigation by the US regulator on the safety of the auto-pilot software that is used in the Tesla vehicles. The software was responsible for a few crashes. 

The stock price dropped by 8% to $665. 

Earlier, I had expected the stock price to move up to $800 and to correct after the anticipated event. 

At the current price, it is unlikely that the stock price will drop. So, I am now expecting the stock price to move up after the event. 

Note - this is just a gut feel. It is not investment advice. It is not a recommendation to buy or sell the stock.

 


My investment in Tesla
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I have 500 shares in Tesla. The share price was at $720 USD a week ago.

I was waiting for Tesla AI (artificial intelligence) Day on 19 August for the stock price to move up to $800.

Instead, there was news about an investigation by the US regulator on the safety of the auto-pilot software that is used in the Tesla vehicles. The software was responsible for a few crashes. 

The stock price dropped by 8% to $665. 

Earlier, I had expected the stock price to move up to $800 and to correct after the anticipated event. 

At the current price, it is unlikely that the stock price will drop. So, I am now expecting the stock price to move up after the event. 

Note - this is just a gut feel. It is not investment advice. It is not a recommendation to buy or sell the stock.