Being Tactical About Tesla: We Were Bullish Below $200--And Are Still Bullish Long Term--But It Looks Overbought Here

Quick Summary:

Tesla: Time For A Pause

Three months ago, when Tesla, Inc. (NASDAQ: TSLA) was trading at $173 per share, we placed a bullish bet on the company (Trade Alert: EVs). The other two EV companies we bet on there were Xiaomi Corporation (OTC: XIACY), and Rivian Automotive, Inc.(NASDAQ: RIVN).  In that post, we wrote,

The first one is the most obvious one, Tesla (TSLA -0.61%↓).

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: David Pinsen

Category: Technology

Markets: United States

Topics: Trading Ideas Benzinga Contributors Expert Ideas XIACY RIVN TSLA EVs Tech General US88160R1014

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-11 @ 16:59:46 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 346 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21576644

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 1 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 19 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions