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Opportunity to Buy the TSLA Dip

Written By: ChartChamp

October 11, 2024

Tesla held a We Robot event yesterday where Elon Musk unveiled some impressive products. TSLA’s stock price was bound to selloff whether the event was good or not. There has been an 8% decline, and I think this is a great opportunity for long-term Tesla investors to buy the dip. I think Tesla is facing a ton of competition from Chinese EVs, and Tesla needs to pivot its strategy for long term growth. Yesterday’s event revealed some impressive products like cybercabs, robovans, and humanoid robots with a plan to launch in October. If you believe in this new vision then I think this is a great opportunity to buy the dip after such as strong selloff from the event.

Event summary: https://www.notateslaapp.com/news/2313/we-robot-event-recap-and-notes

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Opportunity to Buy the TSLA Dip

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