HomeLifestyleRetailBearish On Tesla (TSLA): Could Expect Issues/Recalls

Bearish On Tesla (TSLA): Could Expect Issues/Recalls

Tesla’s (TSLA) share price is overvalued and there is margin pressure due to production costs and competition, notes Francisco Bido. He discusses a bearish outlook for Tesla. He talks about how this is a consequence of vertical integration, and it makes less sense as the E.V. industry continues to mature. He also expects issues/recall with the Cybertruck. He then goes over Tesla’s position in the growing E.V. space. Bido also goes over cybersecurity stocks, highlighting Palo Alto Networks (PANW). Palo Alto Networks is the industry’s first use of A.I. for cybersecurity management. Tom White then joins to demonstrate example trades using Tesla and Palo Alto Networks. The trade is bearish on Tesla and bullish on Palo Alto Networks. Tune in to find out more about the stock market today.

Morning Trade Live

22 Dec 2023

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