Extremely overbought after blowing off the all time highs on news of a 100k Hertz Tesla deal, we have seen a few days of consolidation and over the weekend some extremely troublesome tweets from the owner and founder Elong Musk.

He tweeted, Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock. then a poll which is winning the sell 10% atm he says he will do.

We wills see what sort of impact this will have on the stock at open but this is a huge amount of stock to sold at already overbought prices.

Trading might be very sharp though so use take profits at supports or you might blink and they gone.

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Chart PatternsFundamental AnalysisTesla Motors (TSLA)

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