U.S. stocks have a chance to adjust? Tesla still has to go up?

BiyaPay
Published on 2023-06-08 Updated on 2024-12-19

Is the U.S. stock market rally over?
Will Tesla's counter-trend rally start the January doubling?
Is the correction in US stocks another opportunity to get on board?
Will Tesla continue to rise next?
If you are also in the U.S. stock investment, you can pay attention to the next, and continue to learn the knowledge of stock speculation.

Is the adjustment of U.S. stocks an opportunity to get on board?
In the first quarter of the U.S. banking crisis on the market impact gradually dissipated, the U.S. stock trend is clearly divergent. On behalf of technology companies, the Nasdaq index in the year to May 30 rose more than 24%, while reflecting the U.S. industrial manufacturing business boom of the Dow Jones Industrial Average and on behalf of the overall U.S. stock boom of the S&P 500 index rose relatively poorly, as of May 30, the annual increase of the two were only -0.49% and 9.77%.
Why does the Nasdaq index, which represents technology companies, perform so strongly? The main reason is the weakening of the Fed's interest rate hike against the backdrop of economic slowdown and the slowing of the momentum of tightening dollar liquidity. This, coupled with technological breakthroughs such as AI, has caused investors to flock to technology stocks with relatively certain returns. In addition, commercial banks are tightening credit due to the banking crisis, with commercial and industrial credit, not technology company financing, being the first to be hit.
As U.S. inflation is sticky and the core PCE price index rose more than expected in April from a year earlier, the possibility of another Fed rate hike climbs in June, which may put pullback pressure on U.S. stocks, especially technology stocks. In addition, U.S. economic indicators show that residential consumption continued to decelerate in the second quarter, and there is a risk of recession in the U.S. economy in the fourth quarter, so U.S. stocks remain firm in the short term, but there are still downside risks in the medium term.
Well, this is the first part to give you the content.

Tesla is still going up?
Tesla's big rise has returned Musk to the world's richest man, so will Tesla continue to rise next?
On May 30, Tesla CEO Elon Musk arrived in Beijing, China, on a private jet, his first visit to China in three years. According to the report mentioned that the U.S. stock opened on May 30, Tesla shares had risen nearly 6%, and then rose slightly back, closing the day up over 4% nearly $25 billion (about 180 billion yuan).
Later, Musk went to inspect Tesla's super factory in Shanghai to visit Tesla's new car production line. According to the Bloomberg Billionaires Index, Musk's net worth was about $192.3 billion as of the close of business on June 1, surpassing that of other global billionaires, including the $186.6 billion fortune of Bernard Arnault, the former richest man at LVMH.

It is worth noting that Musk visited China for the first time in April 2014 and participated in Tesla's first delivery event for Chinese users on the 22nd, which created a stir in the Chinese market and also pushed electric cars into the vision and choice of more Chinese consumers, with Tesla's share price rising by as much as 7% that day.
In 2022 Tesla produced a total of 1.31 million electric cars, of which the Chinese market sold about 440,000, accounting for about 33%; while the U.S. market sold about 460,000, accounting for about 35%, it can be said that China is Tesla's largest overseas market, and its position is pivotal.
China is not only the most important overseas market for Tesla, but also the most important factory location for Tesla. Tesla Shanghai factory produced more than 710,000 electric cars in 2022, accounting for 54% of Tesla's total sales, so it can be said that without the success of the Shanghai factory, there would be no Tesla's achievements today. According to Tesla insiders, the inspection of the Shanghai factory, even though it was late at night, Musk still did not leave the super factory.
After three years, Musk came to China for the first time there is another important purpose, that is, I hope China can open up the introduction of Tesla FSD intelligent driving system, which is the core technology of Tesla, is of great significance to Tesla, this visit will help FSD into China, which is also a big reason for the stock market surge.
It also bodes well for the future as Tesla is expected to expand its technology cooperation with China in depth and drive technological innovation in important industries such as electric vehicles and space exploration. This is certainly a major event for the technology and stock markets.

Speculate in U.S. stocks, preferably online account
More and more people are choosing to invest in U.S. stocks, and there are two ways to do it if you want to invest in U.S. stocks in China.
One is to go directly to the United States to open an account, like itself in the United States has a fixed address and traffic can be used in this way. But relatively few domestic investors choose this way.
Another way is now more popular, is through the online U.S. stock investment platform to open an account, because most Chinese people still do not have the opportunity to travel or settle in the United States, so through those who support online account opening online U.S. stock investment platform to buy and sell U.S. stocks is a more feasible solution. The trading commissions for platforms that can invest in US stocks online are also much lower than traditional brokerage firms. For example, BiyaPay, a professional U.S. and Hong Kong stock brokerage, has been insisting on continuously lowering the threshold for users to invest in order to serve more users. Users can successfully open an account for Hong Kong and U.S. stock investment by registering online and submitting proof of identity for review.
Although quality stocks are everywhere in the U.S. market to choose from, it is also important to remind investors to guard against capital risks and choose a quality investment platform that can effectively and efficiently protect our capital.
Well, this is what we are going to give you today to go to the content, that if you have want to go to the analysis of this stock, you can give me a message in the comments section.

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