this post was submitted on 16 Apr 2025
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Technology

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Tesla Stock Price Reaches 'Death Cross' Status (gizmodo.com)
submitted 6 days ago by remington@beehaw.org to c/technology@beehaw.org
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[–] teawrecks@sopuli.xyz 3 points 5 days ago

It is a fact that there is a pattern termed a "death cross", and it is a fact that Tesla exhibits it.

It is also stated clearly in the article that, in the opinion of the author,

the chart pattern reading kinda strikes me as astrology for guys in suits.

And according to Reuters,

about half the time that a death cross appears, it marks the worst point for the index rather than a harbinger of a steeper decline.

Imagine reading an article before making inflammatory statements about it in 2025.