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Tesla’s much anticipated Battery Day event has come and gone, but looking at its stock price, investors seem less than impressed. So what happened? On this episode of Social Currency, Victor Jones and Ryan Grace discuss Tesla’s Battery Day announcements, what this means for the company going forward, and why the stock might be moving lower on the news. Plus, other ways to invest in electric battery technology, how to use the VIX to calculate stock market expectations, Nikola’s drama might not be over, and why investors may want to prepare for further weakness in stocks.
Tesla’s much anticipated Battery Day event has come and gone, but looking at its stock price, investors seem less than impressed. So what happened? On this episode of Social Currency, Victor Jones and Ryan Grace discuss Tesla’s Battery Day announcements, what this means for the company going forward, and why the stock might be moving lower on the news. Plus, other ways to invest in electric battery technology, how to use the VIX to calculate stock market expectations, Nikola’s drama might not be over, and why investors may want to prepare for further weakness in stocks.