It's sad to see Tesla Inc. running aground to a large extent by its leader. Egotistical actions and controversy looks like is due to the lack of mixing emotions, politics, and business in a mish mash. Indeed, his genius of launching the growth and expansion of and leadership of the EV industry was impressive.
It appears to me his unpreparedness how to lead and steer this great vision of the transformation of the transportation industry is now being hampered hurting the entire innovative mission itself that he so skillfully and competently launched and helped grow in the past several years.
To me Tesla shares do no more make good sense for the long term. Trading my already reduced shares must be just for trading. Life is too short to watch this drama for the long term.
Swing trading all the shares owned is the way to go. The picture in the charts is clear for Tesla shares. Keeping my funds in for the long term made me watch my profits vanish and build back several times in the last few years. Long term appear to make loss of profits again and again. I don't see much sense for investing the long term. May be that serves those who do no trading anyway for whatever reason- lack of knowledge and experience, or have the time required.
As to the technical picture right now, the support that the Weeklies have provided for the last 6 weeks appears close to its end. Sad to see the genius be helpless, imo. Human relationship is not his forte. Learning and rising above the mess by seeking help precious and timely advice could be a challenge when ego is reinforced by money/power. C'est La Vie.
