In monday tesla announced biggest earn in their history, even analysts, wall street didn't know this will happend, 2400% (mostly because BTC) up in profits which is around 438m$ net profit for Tesla. But even after this, Tesla stocks went down by 3%. Also Tesla announced that they are going to buy even more bitcoin in future.
Why Tesla stocks went down?
Here is my only logical answer, tesla made this profit mostly because BTC (Bitcoin) not because cars profit. Tesla bought BTC by 1,5b$ after that they sold 10% which made them big profit but what is the problem are fees by BTC. Only bitcoin made them around 100m$ profit. Also Tesla had to shutdown 2 production halls because of cars price reduction and lack of chips.
Some technic analysis
How you can see on chart 3% down was nothing the trend is still rising, my opinion is if you have some Tesla shares keep it and don't sell because of panic everything is going to be fine.
Martin Kubíček CEO Stocks Helper (Make it simple and short not boring and long)
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