Tesla Inc TSLA

Consumer Cyclical Auto Manufacturers

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.

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Tesla Inc

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Post by Bertandersonon Sep 16, 2022 4:02pm

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Post# 34967904

S&P could Drop to 3000 by end of October

https://www.foxbusiness.com/markets/bank-of-america-warns-new-lows-sp500-inflation-shock-aint-over
Bank of America warns that inflation and rising interest rates could see the S&P drop another 22% by end of October. If it's that soon and we're still raising rates to control inflation, I would argue that the pain isn't over and we could see much lower lows.

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