$TSLA announced late yesterday that they have price cut again, for the 6th time this year, we can gather from this that they are trying to shore up demand by bringing in customers at different price points.
It appears to be a tough day for the market anyway, maybe due to concerns that the US government could default sooner than expected if the Cap is not raised.
Either way, the market has reacted to $TSLAs actions just before earnings are due to be released after close today. The price is outside of the wedge now and moving down, let's see how the market reacts at the opening.
Gareth Neary
2023-04-19 10:43:30 +0000 UTCmakis
2023-04-19 10:25:22 +0000 UTC