stock is at a crossroad and maybe hard to admit that its lost in direction and headed back down for a recharge. I do see the potential for this stock to rebound if it does drop. Longer term, aside from all negative headlines TSLA
is a threat to the old standard traditional car makers, dealers, auto mechanic. Its also a threat to indirect markets such as insurance, law enforcement, legal counseling, utility companies and probably much more. Its no wonder why TSLA
is scrutinized heavily. It is such a threat that lazy traditional vehicle manufactures like F, GM
, and others are FINALLY producing copycat EVehicles. But TSLA
is thinking way head and if you don't understand why the SCTY
deal makes sense, then, your probably still banging your head against the wall holding onto zombie industries. This is the economy of "Creative Destruction", where old labor is replaced by new and younger tech workforce, where some jobs and careers are replaced with technology.