Tesla news: 46,000 Cybertrucks recalled for safety issue, Tesla trade ins record high ...Middle East

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Tesla news: 46,000 Cybertrucks recalled for safety issue, Tesla trade ins record high

There were a few items of interest on Tesla on Thursday. With the share price down more 40% from its high and locked into bear market territory, interest is very high in the firm.

If you are a contrarian type you may very well view the intensity of bad news coverage on TSLA as a buying opportunity. Or not.

    Anyway, the news:

    46,000 Cybertrucks were recalled over a safety issue (detaching exterior panels while driving) by the US National Highway Traffic Safety Administration (more) Edmunds (a US online resource for automotive inventory and information) reports that Tesla owners have been trading in their vehicles at record levels since CEO Musk joined Trump’s White House.March represented “the highest ever share” Edmunds had seen for Tesla trade-ins toward new or used cars from brands sold at auto dealerships (more)JP Morgan says its seen the highest $ inflows into TSLA shares from retail investors in more than a decade:retail investors have bought Tesla for the last 12 consecutive sessionsUS$7.3 billion in totalhighest magnitude of all past buying streaks going back more than a decade

    I posted earlier on Tesla:

    Morgan Stanley lowers its Tesla price target to US$410 (from previously $430) This article was written by Eamonn Sheridan at www.forexlive.com.

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