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Showing posts with the label shares
Tesla share price drops over 3%, as the U.S. car industry begins to set in an historic car strike. Musk shoots his mouth off. May send Tesla lower.
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Spotify price collapses over 70% year-to-date, as post COVID-19 2020 stimulus has ended and inflation is beginning to erode Spotify's subscription base. Controversial figure Joe Rogan, Spotify's main podcaster, is reliant on low cost subscription rates to complete with tech giants. Will Spotify step up advertising in 2023?
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Oil is not showing any recessionary price markers in 2022, remains bid. 2020 was a recession when oil when into sub zero prices. Caught the oil swing trade from 106 to 108.
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TESLA slumps into a 10% correction, closing in on a 20% bear market for its share price. Shanghai TESLA factory halts production on supply chain issues. Musk's margin loan cut in two for Twitter acquisition, now connected to an equity partnership with fellow billionaires. TESLA now in the crosshairs of Hedge Funds.
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Elon Musk's autocratic take over Twitter may have already run into some issues. The main one. How is he going to finance it, while clamping down on advertising revenue? Selling TESLA shares to pay the difference could cause a capitulation in the share price.
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