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Tesla shares dropped 5% on 3 June
04 Jun 2021 (458 views)

Tesla shares dropped by 5% ($32) on 30 June to hit a low of $572.

The reasons are set out here.
https://www.fool.com/investing/2021/06/03/teslas-surprise-just-shocked-the-stock-market/

Here is a further video giving more details.
https://www.youtube.com/watch?v=JNX9RmsXo8g

According to David Lee, the setback faced by Tesla is temporary. Tesla should perform well afterwards.

I hold 400 shares a month ago, but sold 200 shares during the past two weeks. I now hold 200 shares.

After the drop, I may buy back the 200 shares. I think that the drop is over done, and the stock has good potential.

Note - This is a personal view. It is not financial advice. I do not advise you to buy or sell this stock at any specific price.

Tan Kin Lian

Update: 
On 4 June, I bought 200 Tesla shares at $583. This adds to my existing holding of 200 shares. 
Tesla shares closed at $599, up 4.5% over the previous day.
My purchase of 200 shares showed a gain of $3,200 USD.
 


Tesla shares dropped 5% on 3 June
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Tesla shares dropped by 5% ($32) on 30 June to hit a low of $572.

The reasons are set out here.
https://www.fool.com/investing/2021/06/03/teslas-surprise-just-shocked-the-stock-market/

Here is a further video giving more details.
https://www.youtube.com/watch?v=JNX9RmsXo8g

According to David Lee, the setback faced by Tesla is temporary. Tesla should perform well afterwards.

I hold 400 shares a month ago, but sold 200 shares during the past two weeks. I now hold 200 shares.

After the drop, I may buy back the 200 shares. I think that the drop is over done, and the stock has good potential.

Note - This is a personal view. It is not financial advice. I do not advise you to buy or sell this stock at any specific price.

Tan Kin Lian

Update: 
On 4 June, I bought 200 Tesla shares at $583. This adds to my existing holding of 200 shares. 
Tesla shares closed at $599, up 4.5% over the previous day.
My purchase of 200 shares showed a gain of $3,200 USD.