Terrific time for Tesla ahead?

Published 5 months ago at 09 Jun 2022

Elon Musk is the charismatic CEO of Tesla and he has been sending out some mixed messages recently. Last Saturday Mr Musk tweeted that Tesla’s total workforce will increase over the next 12 months and the salaried levels would remain largely unchanged. However, on Friday the message to employees was that 10% of salaried employees would be losing their jobs.  
 
This mixed messaging adds some confusion to investors who are starting to expect a slow down in electric vehicle demand as many analysts see the US economy slowing further. 
 
Tesla shares have fallen more than 40% from last year’s peak price of >1250. Is this a dip worth buying or is it still too soon? 
 
Tesla shares have gained 8 times over the last 11 years between June 07 and December 30. The largest gain was in 2020 with a huge 265.70% profit and an average return of 31.33%!  
 
Does it make sense to buy Tesla now on these strong seasonals? Or is Elon Musk’s leadership too much of a risk? 
 
 
Major Trade Risks: 
Any falls in electric vehicle demand or a slowdown in the US economy is likely to negate this positive outlook for Tesla’s shares. 
 
Analyse these charts yourself by going to seasonax.com and get a no strings attached 3 day free trial! Which commodity, currency pair or index would you most like to investigate for a seasonal pattern? 
 
Remember, don’t just trade it, Seasonax it ! 


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