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My Take on Elon Musk and Tesla Stock

🔴 Become Tim's Next Student, JOIN my Challenge: https://bit.ly/2L3HVPu 🤑👇🏻 EXPAND DESCRIPTION for more LINKS 👇🏻🤑 It’s crazy how a tweet or anything on social media can affect a stock’s performance. Want an example? How about $TSLA? See for yourself just how connected social media and the business world are. Watch this now! LINKS Mentioned: 🔴 Find out more about Direct Relief: https://www.directrelief.org/ 🔴 Check out my charity, Karmagawa: https://bit.ly/2W3xUIw 🔴 Link for a special on StocksToTrade: https://bit.ly/2L4gjK0 🔴 Don’t miss out on my tweets:   / timothysykes   👉🏼Get my FREE weekly stock watchlist here: https://timsykeswatchlist.com/ 👉🏼SUBSCRIBE: https://bit.ly/2MDNeVq to get INSTANT alerts when I post a new video outlining my penny stock trading techniques.* ✅ Share this video with a fellow Trader:    • My Take on Elon Musk and Tesla Stock   ✅ Recommended video:    • Видео   ✅ Recommended playlists: Day Trading 101: Starter Videos:    • What's The Best Stock Volume To Trade...   Advanced Day Trading Tips:    • Day Trading Strategies: Elevate Your ...   My Millionaire Students - Are You Next?:    • My Millionaire Students - How They Di...   Trading with the Tims:    • Tim Bohen's Trading Tips (Intermediate)   I wanna talk about something different today… In this video, I’ll show you how social media can affect a stock’s performance. Famous CEOs of publicly traded companies must be careful about the comments they make … or they can find themselves in legal trouble and even publicly shamed. In my opinion, when billionaires tweet, it only distracts them from running their corporations. I get the desire to be real while interacting with millions through social media ... I’m the same way. But it can blow up fast. Here’s a recent example ... Elon Musk, the owner of Tesla Inc (NASDAQ: $TSLA), recently tweeted that his company’s stock was overvalued. Crazy, right? This tweet pissed off Tesla’s shareholders. That’s because $TSLA dropped about 10% after he posted the tweet. And remember, Tesla is a high-priced stock. It’s not a small penny stock. So $TSLA lost about $10 billion — from just ONE tweet. This was actually a pretty good short. Personally, I didn’t short it. I was scared he’d come out with some press release right after to push the price back up. And really, based on his following tweets, I think I understand what he was trying to do. But I’d never say my own products are overvalued. That can cause investors and consumers to distrust the product and the company. This just shows you that no one’s perfect. Even billionaires can make COSTLY mistakes. I’ll tell you my best guess for Elon Musk’s thought process and what I think will probably happen next for him and his company … Tune in! What do you think was going on with Elon Musk when he tweeted that $TSLA was overvalued, Leave a comment below and let me know! ✅ Follow Tim Sykes and his trading travels: Instagram:   / timothysykes   Facebook:   / timsykesfans   Twitter:   / timothysykes   #TimothySykes #Pennystocks #TSLA ---------------------------------------------------------------------------------------------------------------- Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.* ---------------------------------------------------------------------------------------------------------------- Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here: https://www.timothysykes.com/terms-of...