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Tesla: You Can Smell Blood In The Water

Summary:
Telsa has experienced a stunning drop-off in orders since the end of 2018 that appears to have begun during late December. The 00 tax credit was cut in half starting January 1st. Data from Europe show that EV sales fall off a cliff when the tax credit disappears. The chart to the right illustrates this by showing Tesla’s Model 3 sales over the last 12 months (from @TeslaCharts). http://investmentresearchdynamics.com/

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Telsa has experienced a stunning drop-off in orders since the end of 2018 that appears to have begun during late Tesla: You Can Smell Blood In The WaterDecember. The $7500 tax credit was cut in half starting January 1st. Data from Europe show that EV sales fall off a cliff when the tax credit disappears. The chart to the right illustrates this by showing Tesla’s Model 3 sales over the last 12 months (from @TeslaCharts).

http://investmentresearchdynamics.com/

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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