The market bounce has been strong and persistent enough to provide some comfort that the lows will hold,
Twitter has a major advantage that it has failed to exploit - so far.
Could Elon's move signal an eventual full blown takeover bid?
Here's what I'd recommend at this point.
There's still major headlines risk, but the market seems quite aware of it and has already discounted it to some degree.
A call or forecast on TSLA for a turn lower is kind of gutsy.
It's not a question of IF boaters make the switch from internal combustion to electric, only WHEN.
Let's take the TSLA charts for a spin and ponder an anecdotal observation.
Tesla paved the way for a pure-play EV maker such as Lucid to be anointed with a massive valuation by optimistic investors.
Did the Tesla CEO sell a big chunk of stock for tax purposes, or was there something more behind the move?