Tesla $TSLA stock confirmed a bearish Thrusting continuation pattern on December 16, 2022 (shown in yellow box on the chart below). The stock is in a technical strong downtrend. Dark pool trading occurred in the stock on December 16, 2022.
Dark Pool Trading In $TSLA Stock
Dark pool trading occurred in $TSLA stock on December 16, 2022. Many dark pool trades occur in $TSLA stock on any given day so it’s difficult to determine the intention of such dark pool activity. No unusual dark pool trades were detected by our BlackBox tool; however, we think that the dark pool trades were sell orders because $TSLA stock dropped following the trades hitting the tape.
Make sure to review this lesson on dark pool trading so that you understand the chart above.
PepsiCo tells Reuters it will launch 100 Tesla Semis in 2023
On December 16, 2022, PepsiCo told Reuters that it intends to roll out 100 heavy-duty Tesla Semis in 2023, when it will begin making deliveries to customers such as Walmart and Kroger. PepsiCo Vice President Mike O’Connell told Reuters in an interview that the beverage giant is buying the trucks and is upgrading its factories, including installing four 750-kilowatt Tesla charging stalls at its Modesto and Sacramento facilities. Source: https://www.reuters.com/business/autos-transportation/pepsico-roll-out-100-tesla-semis-2023-exec-2022-12-16/
The two largest investors in PepsiCo are Vanguard and Blackrock. We are guessing that it’s being secretly discussed if PepsiCo should cancel its orders based on how Elon Musk is de-censoring Twitter.
Elon Musk’s decisions at Twitter hurt his brand and likely Tesla, says Joe Scarborough
Senator Chuck Grassley: Elon Musk is a ‘breath of fresh air’ at Twitter
