Tesla Retail Investors Snap Up Shares at All-Time highs for Pickup Points
25 March 2025 路 Uncategorized 路
Source: 路 https://finance.technews.tw/2025/03/24/tesla-stock-2/
Elon Musk, CEO of Tesla, has ventured into the political arena and frequently advises former President Trump. Concerns among investors about his 'over-engagement in politics' have led to a downturn in Tesla's stock price. Despite this slump, many retail investors are taking advantage by buying shares at lower prices, resulting in record-breaking levels of retail investor purchases.
According to Markets Insider, Emma Wu from J.P. Morgan鈥檚 equity strategy team noted that during the recent plunge in Tesla鈥檚 share price, significant retail investment flowed into its stocks. As of March 20th, for thirteen consecutive trading days ending on this date, retail investors were on the buy side with cumulative purchases totaling $8 billion, marking an all-time high since tracking began in 2015.
Wu explains that this indicates retail investors are adopting a 'buy-the-dip' strategy by purchasing Tesla shares during price corrections to await potential rebounds. Meanwhile, many employee shareholders of Tesla have been adjusting their holdings; from November onwards, board members and CFOs including Musk's brother Kimbal Musk collectively sold $335 million worth of Tesla stocks.
As of March 21st in the year 2024 (noted as a typo for clarity), Tesla鈥檚 stock price had fallen by a cumulative total of 38.41%.
In the lead-up to the U.S. presidential election in November 2024, where Trump emerged victorious with an overwhelming majority, Musk played a significant role that boosted Tesla's share prices to record highs last December. However, following potential policy shifts post-election and amidst boycotts against him, Tesla saw its stock price reverse course.
According to Markets Insider, Emma Wu from J.P. Morgan鈥檚 equity strategy team noted that during the recent plunge in Tesla鈥檚 share price, significant retail investment flowed into its stocks. As of March 20th, for thirteen consecutive trading days ending on this date, retail investors were on the buy side with cumulative purchases totaling $8 billion, marking an all-time high since tracking began in 2015.
Wu explains that this indicates retail investors are adopting a 'buy-the-dip' strategy by purchasing Tesla shares during price corrections to await potential rebounds. Meanwhile, many employee shareholders of Tesla have been adjusting their holdings; from November onwards, board members and CFOs including Musk's brother Kimbal Musk collectively sold $335 million worth of Tesla stocks.
As of March 21st in the year 2024 (noted as a typo for clarity), Tesla鈥檚 stock price had fallen by a cumulative total of 38.41%.
In the lead-up to the U.S. presidential election in November 2024, where Trump emerged victorious with an overwhelming majority, Musk played a significant role that boosted Tesla's share prices to record highs last December. However, following potential policy shifts post-election and amidst boycotts against him, Tesla saw its stock price reverse course.