Elon Musk’s Tesla has experienced a volatile week after he announced taking a 9.2% stake in Twitter – the surprise investment has already gained him a seat on the board! The pullback after surging 50% from its March low is not major and understandable considering the combination of the Feds hawkish comments plus concerns as to where Musk’s energies will now be focused.
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Buy Hold Sell: The best and worst performers of FY25
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Thursday 14th August – ASX +66pts, WBC, TLS, PME
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Thursday 14th August – Dow up +463pts, SPI up +31pts
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MM is bullish TSLA short-term
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