I’ve got to say, I’ve never seen a car maker announce such frequent price changes. It seems that the list price for Tesla cars moves with as much frequency as its equity value. I don’t think this is good for business. Why would someone want to buy a car and have no idea if it’s suddenly going to cost thousands less the next week? Tesla is creating their own deflationary price environment, complete with the uncertainty that always causes the human consumer.
I maintain that TSLA is still one of the biggest, baddest, cleanest topping patterns I’ve ever seen in a lifetime of charting.
