After correcting 40% in both 2021 and 2022 I’m sure subscribers can understand why MM regards EV maker Tesla as a trading stock that has delivered in the past for more patient players. The last few weeks has seen TSLA rally strongly in a similar fashion to the ASX’s lithium names, the stock looks great under $US1,000 but we would be operating stops under $US880 due to its penchant for large swings.
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Buy Hold Sell: The best and worst performers of FY25
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Wednesday 13th August – ASX -44pts, CBA, EVN, AGL
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Wednesday 13th August – Dow +483pts, SPI up +14pts
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MM likes TSLA as a shorter-term trade
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