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Just days after being added to the GameStop meme, Tesla (TSLA, Financial) shares tumbled nearly 5 percent on Friday in a move that might not seem all that important to gamers. On the contrary, parallels between the electric vehicle giant's market moves and the workings of the gaming world may serve tech-savvy investors.
Tesla's stock often climbs or drops with technological developments or sustainability milestones, similar to the newly released video game on the sales charts. Similarly, the inclusion of artificial intelligence and updates is reflective of the gaming industry's use of downloadable content (DLC) to keep users engrossed.
At a time when Tesla too is in the midst of facing market chatter as well as macroeconomic headwinds, the recent dip in the market is a real challenge for them. However, despite their league sharing fresh prime-time TV deals, they're still evolving rapidly, and for gamers used to the lurch from one broken system to another, this volatility will be surprisingly familiar. Like a change in strategy during an esports tournament, tech enthusiasts will be scrutinizing Tesla's unpredictable moves for strategic investment insight.
AI is an emerging technology reshaping Tesla's and gaming's growth trajectory. These industries have common threads in that they are all embracing virtual reality, automation, and cutting-edge designs, linking innovation and engagement with value.
If you're a gaming enthusiast, tracking Tesla's stock price is as fun as watching the scoreboard in a high-profile gaming activity. The border between technology and investment uncovers an adjustment on the impressive boundaries involving industries, which hold interesting things for those who want to discover new frontiers. If gamers are willing to apply their strategic thinking to real-world markets, Tesla's stock movements would make for a compelling study of the apparent dalliance between momentum, sentiment, and chart formations.
This article first appeared on GuruFocus.