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The horizontal line matches up with feb 25 of this year when I posted above. I have been shorting/ covering this name and making money. That said if someone owned this stock on 2/25 and sold on my reccomendation, they would not be in the hole 35%+.If you own this stock, Id recommend selling. It is tradable, but there are so many red flags with this name, it makes it very risky to own.
That mean nothing, Tesla is in batteries business, because there is no enough energy to run enough cars on electric power , however Tesla problem that is leading it to bankrupt is that its slow production line due to lack of experience, other automakers can produce car each minute, but Tesla is far more slow than that. their bid now on a Chinese company that promised to increase production rate to what other automakers can do .