Tesla is getting cheaper because of the index as time goes by!

Tesla is getting cheaper because of the index as time goes by!

Figure 1. You have put options in the $200 range, but call options are stacked in the same position and at the same time, put options are increasing in the $190 range, leading the stock to fall.

However, I think the put option in the $190 range will serve as a support line.

Figure 2. Looking at the supply and demand status, Tesla is still in LAGING and is not in a good condition. Due to the bad macro condition, the CONSUMER DISCRETION where Tesla is located continues to flow to the peak of LAGING, so it is not in a good condition from the supply and demand perspective.

Figure 3. Tesla’s RSI is 37 so it’s still not an oversold.

Figure 4. When there is a lot of uncertainty in terms of macro, chart, and supply and demand status and it is bad, it is safe to set investment standards based on evaluation conservatively.

Tesla will receive 47 times P/OCF if it falls an additional 13% from now, which is the average multiplex Tesla has received over four years. From $165 or lower, Tesla is undervalued from a beluga perspective, which means you will buy Tesla at an affordable price.

Of course, there’s no way to go from undervalued to more undervalued. That’s why you’re looking at the macro and the various indicators together.

I think we should look at it conservatively now, even if it’s because of the macro.