Tesla (TSLA) has been tanking lately due to the volatile stock market. When volatility spikes and Wall St. is in a panic, they dump almost everything and the high beta stocks like Tesla (TSLA) seem to sell off the most.
Tesla (TSLA) hit $260 last week because of the $465 Morgan Stanley upgrade so I viewed this pullback as an excellent buying opportunity. Tesla stock is a strong buy between $220-$230 if we see more downside.
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