Technical bounce
Tesla has suffered heavily the past few months. The stock lost -50% from its ATH in December last year. Now it seems that this selloff is coming to an end. We saw a strong recovery over the past week with TSLA gaining +20%.
What is good news on the one hand is just a technical bounce on the other hand. The stock was heavily oversold. The fundamental situation is still tricky with slowing demand and a bearish sentiment around Elon Musks activities within the Trump administration.
Holding
Tesla is currently a hold position and that’s what I am doing with my stack. I think the company will recover and they have exciting products in their pipeline, like Robotaxi and the Optimus Bot.
The share price could see some more weakness though, since they will present their Q1 numbers soon. They could be another dissapointment for investors.