Part 4/10:
Expectations for the Upcoming Launch of the Affordable Model Y
Central to current trading strategies is the anticipation surrounding Tesla's new, affordable Model Y. The launch is expected to occur around October 16th, possibly during a major event or via a discreet release, depending on pricing strategies.
The key question revolves around the price point of this new model. The trader’s prediction is that the vehicle will be priced below $35,000, which would significantly broaden Tesla’s market reach and potentially boost sales volume substantially. Anything above $39,000, especially near $39,000, would be disappointing and might jeopardize the positive market sentiment.