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TSLA
Market Watch
74 days

Don’t buy Tesla’s stock as Trump and Musk feud — yet. Here’s the price to watch. - MarketWatch

1. Tesla shares dropped 14% due to Musk and Trump's public feud. 2. Weak vehicle sales data from Europe and China impact Tesla's outlook. 3. Investors remain cautious post-spat, with a significant price floor at $220. 4. Musk's political stance has alienated both Democrats and Republicans. 5. Upcoming robotaxi launch on June 12 could be critical for investor sentiment.

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FAQ

Why Bearish?

The negative public spat between Musk and Trump adds to investors’ fears. Historically, similar political controversies have led to significant sell-offs in TSLA.

How important is it?

Political dynamics can significantly affect TSLA's market perception and stock price. With high public visibility, sentiments can change rapidly.

Why Short Term?

Immediate investor response to political developments suggests volatility. The upcoming robotaxi launch could shift sentiment quickly, but risks remain.

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