Is this the beginning of the end for Tesla?

Rough start to new year

______________________________________________________ Thursday, January 2nd ______________________________________________________ For eleven months and maybe about twenty days each year, we concentrate upon the shortcomings of others, but for a few days at the turn of the New Year we look at our own. It is a good habit. Arthur Hays Sulzberger ______________________________________________________ Markets Today   🌏 Asia-Pacific: Down   🇪🇺 Europe: Up 🇺🇸 United States: Up 🛢️ Oil: Up ⚡ Crypto: Up​​​​ ______________________________________________________ Major Market Events   • US mortgage rates surge to highest since early July   • Wall Street banks exit climate alliance as Trump 2.0 nears   • Hindenburg Research takes a short position on Carvana. 🤔 My Thoughts    Tesla is down 5% as I write this, and it’s in the news for an apparent bomb going off in a Tesla Cybertruck in front of a Las Vegas Trump tower. Some on social media are calling it a metaphor for the recent mess Elon found himself in for wading into the H1B immigration fight, and angering large swaths of the Trump voter base. Elon had been celebrated by the Trump movement, for buying Twitter and stopping the censorship of many conservative accounts. He also donated over $100 million to Trump super PACS. But recently, he came out in favor of increasing H1B immigration, which many in the Trump movement believe will suppress wages of American citizens, in key white collar sectors like tech. So the bloom is off the rose. And he may not get quite as favorable policies from the Trump admin as initally expected. Again - never bet against Elon! People have lit billions on fire by shorting Tesla. But it may be time to look at other EV stocks to bet on, like Chinese behemoth BYD. We haven’t done a deep dive yet, but here’s the ticker if you want to check it out on a US exchange: OTCMKTS: BYDDY What are your thoughts on Tesla EV competitors? Respond to thai email and let us know. To Better Trading, Alex Reid Wealthpin   WealthPin

______________________________________________________ Thursday, January 2nd ______________________________________________________ For eleven months and maybe about twenty days each year, we concentrate upon the shortcomings of others, but for a few days at the turn of the New Year we look at our own. It is a good habit.   Arthur Hays Sulzberger ______________________________________________________ Markets Today   🌏 Asia-Pacific: Down   🇪🇺 Europe: Up   🇺🇸 United States: Up   🛢️ Oil: Up   ⚡ Crypto: Up​​​​ ______________________________________________________ Major Market Events   US mortgage rates surge to highest since early July   Wall Street banks exit climate alliance as Trump 2.0 nears   Hindenburg Research takes a short position on Carvana. 🤔 My Thoughts    Tesla is down 5% as I write this, and it’s in the news for an apparent bomb going off in a Tesla Cybertruck in front of a Las Vegas Trump tower.   Some on social media are calling it a metaphor for the recent mess Elon found himself in for wading into the H1B immigration fight, and angering large swaths of the Trump voter base.   Elon had been celebrated by the Trump movement, for buying Twitter and stopping the censorship of many conservative accounts. He also donated over $100 million to Trump super PACS.   But recently, he came out in favor of increasing H1B immigration, which many in the Trump movement believe will suppress wages of American citizens, in key white collar sectors like tech.   So the bloom is off the rose. And he may not get quite as favorable policies from the Trump admin as initally expected.   Again - never bet against Elon! People have lit billions on fire by shorting Tesla.   But it may be time to look at other EV stocks to bet on, like Chinese behemoth BYD.   We haven’t done a deep dive yet, but here’s the ticker if you want to check it out on a US exchange:   OTCMKTS: BYDDY   What are your thoughts on Tesla EV competitors? Respond to thai email and let us know. To Better Trading,   Alex Reid Wealthpin WealthPin

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A Wealthpin Publication   ABOUT US: Wealthpin is a publishing and education company. We believe that the best manager of your money is YOU and we want to give you great research to help you do that. Our goal is to uncover cutting-edge investment ideas and share them with you in a way that’s clear and useful.  Our  investment research is typically focused on undervalued stocks, high dividends and major growth potential.   DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpin  are for your informational purposes only. Neither Wealthpin  nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.   DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpin is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit https://wealthpin.com/terms-of-use/ for our full Terms and Conditions.   Unsubscribe This email was sent to southernstylecooking@gmail.com by Wealthpin 101 Marketside Ave, STE 404, PMB 318 | Ponte Vedra | FL | 32081 WealthPin