nowadays most new car has got >20 microchips..and also on-board computers.. some like Tesla may have 2 AI chips...since the car can even auto drive in highways.. kesm is doing the burn-in testing part , for chips used by the auto makers...
so in future when car has more chips, likewise the burn in test volume will also grow...
doesnt mean that kesm has any correlation with tesla stock price... as tesla is an amazing company...and the ceo is amazing...
tesla stock now almost usd 900, from usd 300 plus when the ceo involve in some twitter scandal earlier..
it is also due to the giga factory opening in shanghai, short covering and the better quarterly result....uk is also targetting to remove gasoline car in the future... it will all be electric and AI cars..
so this shows that any stock that drop, may eventually rebound after those that panic has finish selling...if there is nothing wrong with the company...or the world is still exist
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Kadir
2,107 posts
Posted by Kadir > 2020-01-31 16:46 | Report Abuse
Run, retreat...but don't forget U-turn later