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Tesla Daily: Tesla News & Analysis

Thoughts on TSLA in the Short to Medium Term (11.09.18)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.81.1K Ratings

🗓️ 10 November 2018

⏱️ 5 minutes

🧾️ Download transcript

Summary

– Stepping a way from the news for a bit, I share some thoughts on my outlook for TSLA stock over the next few weeks to months

Links:
Email > [email protected]
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast

Executive producer Jerome Jorden
Executive producer Rob Gill
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock

The post Thoughts on TSLA in the Short to Medium Term (11.09.18) appeared first on TechCast Daily.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Friday November 9th 2018 edition of Tesla Daily Unofficial

0:11.6

Tesla Podcast. My name is Rob Maower Tesla on official Tesla Podcast.

0:13.2

My name is Rob Maower.

0:14.2

Tesla on the day today, finishing down slightly, 0.25% to $350.51 cents,

0:20.6

as compared to the Nasdaq down 1.65% so as we have been saying Tesla

0:26.0

continues its relatively strong performance nice to see going into the

0:30.0

weekend that it was able to maintain kind of that psychological barrier of staying

0:34.4

above $350 per share.

0:36.4

For what it's worth, which is not much, I continue to be bullish in the short to medium term

0:40.9

on Tesla.

0:42.4

When I think about how I've analyzed

0:43.7

Tesla over the last five years or so, I used to spend a lot of time looking for

0:47.7

catalysts that I thought could drive the stock price up. Catalysts being

0:52.0

events that maybe I thought would exceed the market's

0:54.5

expectations, whether that be earnings reports, product announcements, things of that nature,

1:00.0

and while sometimes that is effective, clearly we can tell that from the Q3 earnings report.

1:04.4

My sense has been that Tesla has tended to do better when there's actually not really that

1:08.6

much going on in terms of things that you might put on a calendar.

1:12.1

Of course, this is just my perception. I don't have any data backing that statement up, but if I can further speculate on my own perception, I would speculate that one of the reasons behind that is because around those key events there is a lot of media attention and as we've talked about many times the media tends to skew more negative for a myriad of reasons the primary reason

1:36.1

being revenue generation.

1:38.2

So I believe that that has a negative impact on sentiment and further I believe that short sellers use that negative impact

1:45.3

on sentiment to help drive the stock price down to capitalize on their short-term

...

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