20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Tesla Inc’s (NASDAQ:TSLA) Model 3 has snagged the best-selling car tag in Australia from Toyota Motor Corporation’s (OTC:TOYOF) Camry.
What Happened: The Camry was all set to emerge as Australia’s best-selling car for the 29th year in running, but the Elon Musk-led automaker delivered 1,806 Model 3 vehicles in December, bringing the total such cars delivered in 2022 to 10,877, reported Electrek.
Toyota delivered 9,538 units in 2022 and therefore Tesla ended Camry’s 28-year reign as Australia’s best-selling car, according to the report.
See Also: How To Invest In Electric Vehicle (EV) Stocks
Why It Matters: The upset appears to have caused Toyota to reword a press release that made reference to Camry as an Australian best-seller.
The Japanese automaker said, “Toyota vehicles were the best-selling models in nine market segments last year: Corolla (small cars), Camry (medium cars
The addition of “less than $60,000” in the release indicates that Toyota was taken by surprise by Tesla pipping it, noted Electrek.
In Australia, the Model 3 starts at $64,000, while the Carmy does so at $30,000.
In December, it was reported that Tesla Model Y could be the bestselling vehicle in 2023 globally. In 2021, Model Y was the 19th best-selling vehicle globally.
Read Next: Tesla Model Y Wait Times In China Skyrocket After Price Cuts
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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