Tesla

How do we get here? The lesson is: Do not smoke Weed!

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How do we get here? A month ago Tesla hit $387 apparently with some fake news, today $264. Dropping almost 14% just this Friday with uncertainty about Musk's future and the SEC decision trying to ban him from holding an executive position. We see the chance for bears pushing this share even lower and some investors avoiding any action for a while.

Wall Street is considering that Elon Musk departure could heavily hit the stock, but do not forget they said the target for Tesla would be above $315. In my case, the target is around $213.

However, at the end of the day, the lesson is clear enough: Do not smoke weed while you own a business!

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