Welcome To The Long Wealth Newsletter. It is Darold from Long Wealth Capital.

In today’s newsletter we will go over:

• The Current News With Tesla

Undervalued Stock Pick Of The Week

My stock pick of the week is.

Top Links Of The Week

• How A Software Developer Profits 20% In Three Weeks (link)

• 7 Self-Limiting Beliefs That Prevent You From Achieving Financial Freedom (link)

Deep Dive

Elon Musk reportedly sent an internal memo to Tesla $TSLA staff saying it will layoff more than 10% of its global workforce according to Reuters.

They closed today less than $10 away from its 52 Week Low and are more down than 5%.

If they continue on this path for a few more weeks, they will no longer remain the most valuable car company in the world.

They also report their earnings next Tuesday so be on the lookout.

I still do believe Tesla on a long enough time Horizon still shoots over $300. (This doesn’t mean I’m buying right now.)

So be prepared.

Jerome Powell also speaks tomorrow regarding Interest Rates, so that is when I start to see huge movement in the market.

Darold

P.S. Tax Day is today so make sure to pay your taxes.

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