Musk's Stupid Twitter Buyout is Costing Tesla Shareholders Big Time

Today we cover Tesla (TSLA).

The company has hit some delivery issues in Q3 2022 by coming 30,000 vehicles short of the projected target. While that wasn't great news, the biggest issue that Tesla is facing right now, is his CEO, Elon Musk.

Musk made the most reckless move a few months back by purchasing Twitter for an insane amount of money ($44 billions). When he realized how dumb that move was, he tried to back out of it. He couldn't.

Now he, and Tesla shareholders, are stuck with it and that is dragging Tesla share prices down. The Twitter buyout is costing Musk top dollars. Unfortunately, his reckless decision is costing Tesla shareholders even more.

Watch this video to get the technicals and what to expect moving forward.

Good trading!

Trading Risk Disclaimer
All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.

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