RE:Tesla todayDefaltion is what the FED wants. That is actually a good thing. Some sectors will suffer, but as a whole, the market will celebrate a FED pause.
Tesla is still the EV leader but the competition is licking at its heals. ATZ, on the other hand, still reigns among its peers. I would be worried if I had bought at $60 when the experts were calling for higher. But, $45 is a better entry, where I dipped in yesterday. My next buy is just below $40 with a few more tranch buys set down to $30. I don't know if I will get them filled, but this is a name to own among it's group and not comparable to TSLA.
Duster340 wrote: announced price cuts on the model 3 and Y to boost slugish sales. the stock is taking a beating. just a matter of time before aritzia has to do the same to sell down there inventory. sales may not be slugish yet for them but it will be soon. and when competitors start slashing prices the will have to do the same. we are starting to get into a deflationary time, if companies want to sell products prices will have to be slashed. look for aritzia stock prices to go lower in the coming weeks.
(free advice glta)