Many are making a big deal about Tesla's stock being down compared to the rest of the Big 7.
In this video I discuss how it is best to ignore the noise. There are plenty of examples where Apple and Amazon, two of the biggest companies in the world, had major pullbacks in their stock price over the years.
▶️ 3Speak
It's really not easy to see your investment going down and then you try to ignore. The fear and anxiety will still be there.
But I think it's best to soothe one's nerves with your words
If that is the case them it might be best to avoid investing until emotional control is there.
Markets will go down just like they go up. It is a basic tenet of markets.
I agree. Elon has been in hot water for a while, so this is expected. What is important though is the fundamentals of the company. And in this aspect, Tesla is still really good.
Elon was in hot water 18 months ago and the price went up through most of 2023. So the narrative is starting to fall apart.