Senate and House will pass fiscal stimulus bill 3/26, which will push Tesla passed $600 level (filling the gap) before retreating on peak US virus news and weak economic data back to the $425-450 range, forming a double bottom. This will mark the start of the next bull market.
Tesla will outperform given the most recent run-up prior to the Coronavirus put the company on everyone's radar. Lot of positive catalysts coming up including Battery Day, Model Y ramp, Shanghai plant ramp, Tesla Network, Berlin factory progress, New plant announcement in central US for Cybertruck, and Semi-Truck news, among others.
Tesla will outperform given the most recent run-up prior to the Coronavirus put the company on everyone's radar. Lot of positive catalysts coming up including Battery Day, Model Y ramp, Shanghai plant ramp, Tesla Network, Berlin factory progress, New plant announcement in central US for Cybertruck, and Semi-Truck news, among others.