What a difference a year can make..
So let me start off by painting a picture for you, and its one that many of you might have already stashed away in the darkest, deepest, and most inaccessible crevices of your memory vault.. and honestly, who could blame you?
Because the date was January 3rd, 2023 and the stock market had just opened up from its New Years hiatus. The air was thick with apprehension as many of us retail investors were still nursing our many bruises from the onslaught that had taken place the year prior, which had been brutal to say the very least.
Now some of us still had a glimmer of hope that 2023 would be different, but that glimmer was nearly dimmed to an oblivion by the end of the first trading day. As both Apple and Tesla the darlings of the market who could do no wrong, had taken a colossal tumble to start off the new year.
In fact for Tesla it was the biggest single day drop for the stock in years.
The news looked grim – Tesla had plummeted by a staggering 12.2%, wrapping up the day at a heart wrenching $108.06 per share a distant memory from its $315 highs. And oh boy, did the mainstream media eat it up, in fact those sharks wasted no time as they dove into a feeding frenzy of FUD inducing stories to get their narrative across..
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