Shocking reversal! Trump fiercely strikes at Musk, Tesla's stock price plummets, but retail investors crazily scoop up over 200 million!
On Thursday, an explosive event shook American politics! Trump announced his intention to cancel all federal contracts related to Musk, igniting an online feud between the two giants. Tesla's stock price instantly dropped by 14.3%, marking the 11th single-day collapse since its listing! Amidst the market's wailing, savvy retail investors took the opposite stance, frantically buying over 200 million worth of Tesla, with total trading volume soaring to 2.6 billion, making it the second most popular stock among retail investors that day!
Even more exciting, retail investors were not satisfied with just spot purchases, they crazily swept up Tesla-related leveraged ETFs, net buying reached a staggering 41.5 million, showcasing their rock-solid belief as 'loyal fans'! Although the options market experienced volatility, professional traders generally sold put options, confidently waiting for a stock price rebound.
As expected, Tesla quickly rebounded by 5.6%, approaching 299 dollars, with retail investors' strong support being the biggest contributor! Even though the stock price has fallen 37% from last year's peak, these 'die-hard fans' still view it as a 'bargain opportunity', enthusiastically shouting on platforms like Reddit and X: 'Buy on dips, opportunities are rare!'
This is not just a gamble in the financial market, but a carnival of retail investors' endless love for Tesla. As the storm approaches, who will be the ultimate winner? The answer lies in this wave of 'iron-blooded bottom-fishing'!
