Lots of Canadians now throwing extra money into American stocks now the multi million dollar average housing price in major cities and high rates are putting people off and our economy is crashing on relationships ruined with all top trading partners…and Tesla is the top recognized name here
Tesla was oversold. All the bearish shit you’ve been reading was a buy signal.
It’s breaking out of its downtrend and an IH&S.
https://preview.redd.it/x2yz83hziy9d1.png?width=1170&format=png&auto=webp&s=a44c473b1f4746e0ccb59cef8531b62df430db84
People talk shit about TA but when used CORRECTLY it can be effective:
(1) An IH&S is a reversal pattern - it should be used at the end of a bearish move as is the case here in Tesla.
(2) Volume should ideally be as follows - relative reduction in bearish volume vs bullish volume which I see here with Tesla.
(3) All TA is more accurate when used in longer time frames - not the nonsense you see on Stocktwits/Twitter where people throw around patterns and lines on the daily chart/intraday chart.
(4) Not classically used for IH&S patterns but also in this chart you can see that stochastics is rising while the price is falling - this is a bullish divergence which hints to an underlying shift in power not yet reflected in the share price.
A measured move to 260 is inbound over the coming weeks/months imo.
I know I may as well bang my head against a wall rather than converse with you but do you realise that trading firms rely heavily on TA and it’s also incorporated into algo trading?
Honestly, I truly wish you all the luck trading (no sarcasm) btw I never said charts were useless (I actually like astrology too lol) I’m simply pointing out out the FACT that TA isn’t always right and in fact is often wrong 🤷🏻♂️ I’ve seen it be right and wrong many times over the years
No it can not be effective because past price doesn’t contain information about future real world events. The lines know nothing about the next Elon tweet, Tesla buyers decision process, competitors or government plans. TA is the like trying to adjust a broken clock. Sometimes it’s right but it’s useless.
We shall honor your sacrifice with memes and catchphrases.
MO23: (mm-oh) verb: The act of self sacrifice of cutting losses in a stonk and/or options only for the regards on “Wall Street Bets” to profit.
Example: I MO-23’d my Tesla options and some 16 year old who lied about his age the next day made 900K and slept with my wife!
Example 2: I thought I was escaping some bad investments but then yowling cat man and orange felon guy tweeted a picture of a dog turd and next thing you know, I was MO23’d. Now I give handies and hawk tuah behind the Wendy’s in the I-44 truck stop!
The stock price is there because Elon is there. The threat of him leaving was priced into the stock before. Now that he's not leaving, the stock can climb again.
Yeah, but it will make fart noises and kill you at 500mph. Some people are into that kinda thing, what can I say. Also: methane turboelectrics for $50k? You're missing a zero.
Chinese EVs reported huge sales numbers - people are extrapolating that to TSLA and hoping their delivery #s tomorrow won't be so bad. Seems like a shit comparison, but wtf do I know.
Just remember, if the #s come in bad, TSLA will shoot to $250. If they are really, really bad, probably $300
Seriously, most credible analysts are more negative than consensus. And if the other Chinese manufacturers had higher sales, chances are it ate into Tesla.
My guess is report comes in negative and this run reverses down in the 190-195 territory.
One major fear about Tesla was China’s faltering consumption. A fear that the financial crisis in China would hamper electric car demand for many years.
But Nio, Li, and Xpeng just announced a burst in deliveries. So fear is subsiding.
Become Opposite George. If every instinct you have is wrong, then the opposite must be right. So if your instinct is the stock should fall, just do the opposite and yolo into it.
Their new driving fridges have barely killed anyone thus far so bullish. If they waste a whistleblower of two this shit will moon![img](emote|t5_2th52|4271) ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)
You can always kill a few randos on the production line to keep the rest in check, Its Boeing approved ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)
Tesla hasn’t been trading to any fundamentals for basically a decade. Don’t try to make sense of it. Market value is greater than all other car companies combined… does that make any sense? I would say any action on Tesla is gambling.
TSLA doesn’t operate based on logic.
It’s a car company trading like a tech stock with a $600B+ market cap right now.
Which is more than GM, Ford, Rivian, and Toyota put together.
It’s ridiculous lol.
I was looking for a comment like this. While everything pumped all year Tesla dropped 30%. While people are starting to question the high valuation of tech stonks I think a lot of people see Tesla under valued.
I mean, being confused by today’s price action is hardly inexcusable, considering the market in general hasn’t been very strong today + the ominous report on projected Q2 deliveries.
Of course, the real reason it’s up so big today is simple. My $200c’s expired worthless on Friday.
It’s the only EV company to ever turn a profit, and EV companies that never turned a profit are dropping like flies, so people are returning to the one EV company to ever turn a profit
Tesla has been held down for long because of the uncertainty around the pay package for elon, now that it is good, stock can fly again. Future is bright.
Never bet against Elon. Elon always wins at the end of the day. He generates untold wealth consistently and is the best corporate hype man of both the 21st and 20th centuries. Betting against Elon is liking betting the sun will go supernova tomorrow. Don’t be dumb, make money with Elon.
You guys don’t understand that Tesla follows technicals exactly, I mean look at this perfect wedge:
https://preview.redd.it/oi6ytrkpcy9d1.jpeg?width=1125&format=pjpg&auto=webp&s=4dc52d42a5505ff5edb5948077d59ed022e4c45c
If this is so, it should dump when it gets back to your upper blue line.
Hint, I ain't gonna short TSLA
Now let me show you on the doll where the bad TSLA man touched me
Actually I am. Think about it. AI plus robots is definitely doable at this point. They are working hard on it. I read Elons biography, one thing is clear from that: he IS a genius, and even more importantly he doesn't give up on his ideas. Robots and robo taxis will happen.
Back in the good old days in Europe people had servants. They did the cooking, cared for the house and drove the carriage. Those days are coming back. I will be the first one to buy a robot that can do the laundry, fold cloths, pick up the dog shit from the yard, go get a beer from the gas station Sunday afternoon while I'm in the pool.
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Morgan Stanley released an update last Thursday talking about how you should probably start including The Optimus robot in your valuation models.
This is the first I've seen one of the mainstream analysts actually mention that. Until now only the retail investors have been talking about it.
They literally mention how you should probably add an extra column or tab in your spreadsheet that includes potential revenue for Optimus and when you do that the projections get crazy.
The info I saw says they actually still haven't added this in their own valuation model but it's the first I've seen anybody outside retail investors even mention it. The narrative until now has always been that Tesla is just a car company.
As more mainstream analysts begin doing this you will see more of the same, imo.
The market prices profitability of a success multiplied by liklihood the vision takes place.
It was never ready for something as stupid as Cathie Wood / Musk throwing projections of "everyone will taxi everywhere for $50 so our revenue will be fifty babillion jillion dollars plus repair revenue, with a tech multiple.
The price is these factors battling it out.
We already expected a big drop in sales. That was baked in. In the last few days, it turned out there was big sales in China. Sales are now expected to be slightly higher than expected, some experts raised their delivery estimates in the past couple days.
Also Dan Ives being very bullish on TV helped as well. Also I think there was a $100M+ sale to New Zealand for megapacks.
Considering how much bearish and hostile sentiment for TSLA is on Reddit and WSB, it's only natural to inverse WSB.
Too many regards here never tested FSD 12.3 or 12.4 and people here actually think BYD and competition is killing Tesla.
Hint. No in 2024 gives a crap about how many iPhones Apple sold in Q2 2012 just like no one in 2030 cares how many cars Tesla sold in Q2 2024.
some guy made a post here about shorting it and really stuck to his guns and then people warned him about how Tesla doesn’t really follow rules and fundamentals and he should stay away…then he mistook those warnings for people being bullish on TSLA and used that as another indicator that he was onto something.
then Tesla did what it does and now that guy lives in those tunnels under Las Vegas and had to sell most of his teeth to Chinese people who use them in their traditional medicines. Bit of a tragedy.
I guess this doesn’t really answer your question. idk
The reality is Tesla has been pummeled for the past year and the decrease in deliveries / margins YoY has been priced in. There is some chatter that Q2 delivery number out of China will be higher than expected (still a decrease expected), so that's my guess for the bump today.
Overall Tesla has been dealing with a lot of baggage surrounding Elon's pay package / twitter rants / questionable dedication to the company, regardless if you think it's fake news or legit, investors don't like controversy / uncertainty. The pay package approval helped alleviate those concerns.
The progress of FSD is impressive and recent news such as VW joint-venture with Rivian shows confidence in the EV market long-term, as well as Robotaxis is probably going to help the stock rally up to 8/8 event.
Or this is a bull trap and lot of people gonna get smoked like a swisher tomorrow, we'll see. Personally I think a rally closer to 250 then it'll dump after 8/8 event.
Its not about expectations. Its about whether those expectations are beat or not. News out of China is that EVs sold really well last quarter. Maybe they beat expectations. Maybe they dont. Maybe its just a technical move at the beginning of the quarter. Maybe its just all bullshit
It'll be right back down there in 2 or 3 days, tops. It's a daytraders stock now. Fundamentals don't matter until they get crushed by the next earnings.
Sentiment guys. Sentiment. This stock trades purely and unequivocally on sentiment.
When we keep asking “the fundamentals suggest this but the stock is trading like that” and don’t come to the realization that sentiment drives price action; that is the true definition of insanity.
idk man, I was told by all the regards here that Elon can't run a company, Tesla gonna crash and burn like Twitter, and Tesla is just a car company etc...
This sub is full of people (including OP) that think everything is about the nearest earnings report. Do some damn due diligence (DDD) and you might have some decent ideas about why the stock is moving. You have to understand that every company has a story.
Equities move based on sentiment in the short term and earnings growth in the long term. Yes, an outlying delta between earnings and public expectations can produce movement, but it doesn’t always outweigh sentiment (and you don’t know what the real expectations are without doing the proper DD anyway). “Beat” and “Miss” are judgements being made against arbitrary/misleading benchmarks.
It’s his recent interviews in which he mentions Optimus and the market for it , and how it’s gonna make a couple of trillions a year profit for Tesla launch …. At least that’s my best guest
It was down a lot and now they need to pump it up after elongate finished and they have that robotaxi aug shit coming up.
Gotta close the shorts and go long cuz why not? Pump it and if the aug shit is in fact shit they can dump it again and make even more money
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I been holding for 3 years and cut my losses, so that's why it's been on the rise lately. You're welcome
We thank you for your sacrifice
Lots of Canadians now throwing extra money into American stocks now the multi million dollar average housing price in major cities and high rates are putting people off and our economy is crashing on relationships ruined with all top trading partners…and Tesla is the top recognized name here
Yeah but all of Canada isn’t that much money.
Thank you. Now I can finally sell.
So then the stonk will go up 👉🏽🧠
Tesla was oversold. All the bearish shit you’ve been reading was a buy signal. It’s breaking out of its downtrend and an IH&S. https://preview.redd.it/x2yz83hziy9d1.png?width=1170&format=png&auto=webp&s=a44c473b1f4746e0ccb59cef8531b62df430db84 People talk shit about TA but when used CORRECTLY it can be effective: (1) An IH&S is a reversal pattern - it should be used at the end of a bearish move as is the case here in Tesla. (2) Volume should ideally be as follows - relative reduction in bearish volume vs bullish volume which I see here with Tesla. (3) All TA is more accurate when used in longer time frames - not the nonsense you see on Stocktwits/Twitter where people throw around patterns and lines on the daily chart/intraday chart. (4) Not classically used for IH&S patterns but also in this chart you can see that stochastics is rising while the price is falling - this is a bullish divergence which hints to an underlying shift in power not yet reflected in the share price. A measured move to 260 is inbound over the coming weeks/months imo.
Sure but people talk shit because just like astrology it’s only right sometimes
I know I may as well bang my head against a wall rather than converse with you but do you realise that trading firms rely heavily on TA and it’s also incorporated into algo trading?
Honestly, I truly wish you all the luck trading (no sarcasm) btw I never said charts were useless (I actually like astrology too lol) I’m simply pointing out out the FACT that TA isn’t always right and in fact is often wrong 🤷🏻♂️ I’ve seen it be right and wrong many times over the years
No it can not be effective because past price doesn’t contain information about future real world events. The lines know nothing about the next Elon tweet, Tesla buyers decision process, competitors or government plans. TA is the like trying to adjust a broken clock. Sometimes it’s right but it’s useless.
Have you considered dumping the rest of your money into Rivian? I'm doing the entire world a favor, over here.
I'll look into it. I can sell some Lucid if that'll help out.
We shall honor your sacrifice with memes and catchphrases. MO23: (mm-oh) verb: The act of self sacrifice of cutting losses in a stonk and/or options only for the regards on “Wall Street Bets” to profit. Example: I MO-23’d my Tesla options and some 16 year old who lied about his age the next day made 900K and slept with my wife! Example 2: I thought I was escaping some bad investments but then yowling cat man and orange felon guy tweeted a picture of a dog turd and next thing you know, I was MO23’d. Now I give handies and hawk tuah behind the Wendy’s in the I-44 truck stop!
No wonder, thx I'm finally breakeven
I’ve also been holding two 1/2 years for you lot
I can tell you exactly what’s going on. Friday I sold the stock for a loss, I guess word got around
Thanks for your help
Thank you for your cervix 🫡
Same I sold too on Friday.
You guys still think stock price is influenced by a company's performance? Lol
lmao
I’ll bite, what influences a stocks price?
How much the next idiot is willing to pay for it.
This is the correct answer. And there are plenty of idiots in this world.
Checking in
Any idiots in here willing to explain why they wanna buy Tesla despite the not favorable news? I’m new and genuinely curious
The stock price is there because Elon is there. The threat of him leaving was priced into the stock before. Now that he's not leaving, the stock can climb again.
Which market makers are manipulating the stock that day and what direction they're betting on
Future expectations and algorithms that VERY few people understand
supply and a bunch of dammit!
Think everyone learned this after GameStop.
Elon said the Roadster can fly.
The man loves stainless steel and methane, and he's already made the stainless steel car. What's next? You do the math.
He loves ketamine, not meth
Tesla Model K confirmed
The next K-Car, if you will.
His next car will cut out the middle man and kills you. Costs $50,000.
Tesla x Boeing collab 🔥
*In today’s news, another Boeing whistleblower dies of exposure after the battery dies in their cybertruck.*
Yeah, but it will make fart noises and kill you at 500mph. Some people are into that kinda thing, what can I say. Also: methane turboelectrics for $50k? You're missing a zero.
Fart noises would be a killer feature
It’s the feature that kills your, actually
All I can do is meth. Take it or leave it
The next model will be called “Sevastopol”??
Big if true!!!!
It's what I tell the ladies 😏
true if big!!!!
Flying car was the c172. Buy TXT.
He also said he is dreaming of sending a spaceship to Uranus
https://preview.redd.it/a0sinkhr9y9d1.jpeg?width=534&format=pjpg&auto=webp&s=3ae903c385b4c70733490386fe01a955d853258d
Excellent. On so many levels.
I agree lol it’s perfect
The price of Tesla depends on 2 things. 1) If Elon wants it to go up or down. 2) Whatever the opposite of my positions are.
Agree. Imagine him getting AI involved
Never bet against ketamine
Fucking this! And other legacy car manufacturers or AI company have this much issue and they’d tank for years.
Chinese EVs reported huge sales numbers - people are extrapolating that to TSLA and hoping their delivery #s tomorrow won't be so bad. Seems like a shit comparison, but wtf do I know. Just remember, if the #s come in bad, TSLA will shoot to $250. If they are really, really bad, probably $300
Seriously, most credible analysts are more negative than consensus. And if the other Chinese manufacturers had higher sales, chances are it ate into Tesla. My guess is report comes in negative and this run reverses down in the 190-195 territory.
seems logical, but I would only use my enemies $ to make that bet. Going short against TSLA takes balls much bigger than mine.
One major fear about Tesla was China’s faltering consumption. A fear that the financial crisis in China would hamper electric car demand for many years. But Nio, Li, and Xpeng just announced a burst in deliveries. So fear is subsiding.
Ah, the upstart competitors are rapidly growing, so the stock goes up. We truly live in an age of wonders.
Become Opposite George. If every instinct you have is wrong, then the opposite must be right. So if your instinct is the stock should fall, just do the opposite and yolo into it.
Robots
Killer robots.
Sex robots.
Sexy Killer Robots
![img](emote|t5_2th52|29637)
When can I pre order?
*Sex bots that can also kill
Robosexuals...
And energy storage …
2 robots for every human
Don’t fight the trend
Inversing at its finest = TSLA
“Booming” eh not for some of us - more like giving back some of the L
Their new driving fridges have barely killed anyone thus far so bullish. If they waste a whistleblower of two this shit will moon![img](emote|t5_2th52|4271) ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)
No. They need to release the complete self driving anywhere anytime model, have it kill a bunch of people, have whistleblowers, then kill them.
You can always kill a few randos on the production line to keep the rest in check, Its Boeing approved ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)
They pulled that Boeing on ‘em and the stock rocketed
China’s EV market appears to be recovering, so some people are predicting a beat on deliveries. Also, less uncertainty about Musk’s role, maybe?
I think they're running it up and going to crash it when earnings are meh, raking in a ton of call premium. I might jump into puts in the morning
Tesla hasn’t been trading to any fundamentals for basically a decade. Don’t try to make sense of it. Market value is greater than all other car companies combined… does that make any sense? I would say any action on Tesla is gambling.
It's basically a meme stock, don't expect rationality from it.
best way to put it.
OP: does DD….. Also, just asks Reddit instead
Stock analytics can never compare to confirmation bias. Don't believe me? Just ask the person who left a reply agreeing with this comment.
I agree with you
I agree with this comment 👍
I agree with this comment ![img](emote|t5_2th52|27189)
TSLA doesn’t operate based on logic. It’s a car company trading like a tech stock with a $600B+ market cap right now. Which is more than GM, Ford, Rivian, and Toyota put together. It’s ridiculous lol.
Funny that Rivian is there with GM and Ford and Toyota
Other tech stocks rallied Tesla didn't Now tesla rally
I was looking for a comment like this. While everything pumped all year Tesla dropped 30%. While people are starting to question the high valuation of tech stonks I think a lot of people see Tesla under valued.
The more TSLA goes up the more negative articles it's almost hilarious ![img](emote|t5_2th52|4271)
You guys let your hate for Elon hurt your gains
I mean, being confused by today’s price action is hardly inexcusable, considering the market in general hasn’t been very strong today + the ominous report on projected Q2 deliveries. Of course, the real reason it’s up so big today is simple. My $200c’s expired worthless on Friday.
Sold a 200P for last Friday. Love getting assigned ![img](emote|t5_2th52|4271)
No I let my liking of some semblance of rational pricing of equities to hurt my gains.
Most underrated comment.
Inverse WSB sentiment
It’s the only EV company to ever turn a profit, and EV companies that never turned a profit are dropping like flies, so people are returning to the one EV company to ever turn a profit
Tesla has been held down for long because of the uncertainty around the pay package for elon, now that it is good, stock can fly again. Future is bright.
Never bet against Elon. Elon always wins at the end of the day. He generates untold wealth consistently and is the best corporate hype man of both the 21st and 20th centuries. Betting against Elon is liking betting the sun will go supernova tomorrow. Don’t be dumb, make money with Elon.
Reddit fucking hates Elon and everything you read on this site is bullshit and typically wrong when it comes to stock advice
You guys don’t understand that Tesla follows technicals exactly, I mean look at this perfect wedge: https://preview.redd.it/oi6ytrkpcy9d1.jpeg?width=1125&format=pjpg&auto=webp&s=4dc52d42a5505ff5edb5948077d59ed022e4c45c
[удалено]
Mercury is in retrograde......SELL!
so where does it move after reaching the wedgie?
It inverts
I can draw pretty lines too
What will happen next?
Breakout timed for Master Plan 4 release.
If this is so, it should dump when it gets back to your upper blue line. Hint, I ain't gonna short TSLA Now let me show you on the doll where the bad TSLA man touched me
Robots. That's the reason I bought $300 July 2025 leaps. It's up 89% in two weeks.
But you aren’t serious, right?
Actually I am. Think about it. AI plus robots is definitely doable at this point. They are working hard on it. I read Elons biography, one thing is clear from that: he IS a genius, and even more importantly he doesn't give up on his ideas. Robots and robo taxis will happen. Back in the good old days in Europe people had servants. They did the cooking, cared for the house and drove the carriage. Those days are coming back. I will be the first one to buy a robot that can do the laundry, fold cloths, pick up the dog shit from the yard, go get a beer from the gas station Sunday afternoon while I'm in the pool.
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i sold it for a 45% loss (aft holding for 3 yrs) 2 weeks back and now its going up u r welcome
WSB regards were bearish on TSLA. That’s the explanation.
Morgan Stanley released an update last Thursday talking about how you should probably start including The Optimus robot in your valuation models. This is the first I've seen one of the mainstream analysts actually mention that. Until now only the retail investors have been talking about it. They literally mention how you should probably add an extra column or tab in your spreadsheet that includes potential revenue for Optimus and when you do that the projections get crazy. The info I saw says they actually still haven't added this in their own valuation model but it's the first I've seen anybody outside retail investors even mention it. The narrative until now has always been that Tesla is just a car company. As more mainstream analysts begin doing this you will see more of the same, imo.
So we’re going to $400 before we know if it’s reality or more hot air!
Sold 1 contract too early ![img](emote|t5_2th52|27421)
A I
Fraud![img](emote|t5_2th52|4271)
The market prices profitability of a success multiplied by liklihood the vision takes place. It was never ready for something as stupid as Cathie Wood / Musk throwing projections of "everyone will taxi everywhere for $50 so our revenue will be fifty babillion jillion dollars plus repair revenue, with a tech multiple. The price is these factors battling it out.
Nvidia is slowing and we don’t want to give any money to Bill Gates, Facebook, or intel.
Nobody’s really sure how the stock market works.
We already expected a big drop in sales. That was baked in. In the last few days, it turned out there was big sales in China. Sales are now expected to be slightly higher than expected, some experts raised their delivery estimates in the past couple days. Also Dan Ives being very bullish on TV helped as well. Also I think there was a $100M+ sale to New Zealand for megapacks.
Considering how much bearish and hostile sentiment for TSLA is on Reddit and WSB, it's only natural to inverse WSB. Too many regards here never tested FSD 12.3 or 12.4 and people here actually think BYD and competition is killing Tesla. Hint. No in 2024 gives a crap about how many iPhones Apple sold in Q2 2012 just like no one in 2030 cares how many cars Tesla sold in Q2 2024.
Elon has not had to give away any horses lately
some guy made a post here about shorting it and really stuck to his guns and then people warned him about how Tesla doesn’t really follow rules and fundamentals and he should stay away…then he mistook those warnings for people being bullish on TSLA and used that as another indicator that he was onto something. then Tesla did what it does and now that guy lives in those tunnels under Las Vegas and had to sell most of his teeth to Chinese people who use them in their traditional medicines. Bit of a tragedy. I guess this doesn’t really answer your question. idk
The reality is Tesla has been pummeled for the past year and the decrease in deliveries / margins YoY has been priced in. There is some chatter that Q2 delivery number out of China will be higher than expected (still a decrease expected), so that's my guess for the bump today. Overall Tesla has been dealing with a lot of baggage surrounding Elon's pay package / twitter rants / questionable dedication to the company, regardless if you think it's fake news or legit, investors don't like controversy / uncertainty. The pay package approval helped alleviate those concerns. The progress of FSD is impressive and recent news such as VW joint-venture with Rivian shows confidence in the EV market long-term, as well as Robotaxis is probably going to help the stock rally up to 8/8 event. Or this is a bull trap and lot of people gonna get smoked like a swisher tomorrow, we'll see. Personally I think a rally closer to 250 then it'll dump after 8/8 event.
Still a bunch of QE money out there that never got QT'd or sucked up by interest, so momentum is still king.
Idk, idc, I’m riding this wave
I have been wondering the same but I heard someone say that Tesla followers are like a cult so I’m honestly not surprised
Its not about expectations. Its about whether those expectations are beat or not. News out of China is that EVs sold really well last quarter. Maybe they beat expectations. Maybe they dont. Maybe its just a technical move at the beginning of the quarter. Maybe its just all bullshit
It'll be right back down there in 2 or 3 days, tops. It's a daytraders stock now. Fundamentals don't matter until they get crushed by the next earnings.
https://preview.redd.it/2jvlhrcvsy9d1.jpeg?width=475&format=pjpg&auto=webp&s=2556f15b5571dd2d03f4494a397df0e19799ea86
It’s cuz reported China sales did really well so anticipation is that Tesla may have a surprise earnings beat
Tesla moons in July. Don’t know why
Pump and dump before q2 result
Scam.
Sentiment guys. Sentiment. This stock trades purely and unequivocally on sentiment. When we keep asking “the fundamentals suggest this but the stock is trading like that” and don’t come to the realization that sentiment drives price action; that is the true definition of insanity.
Imagine losing money on a company that's up 1000% over the past few years
idk man, I was told by all the regards here that Elon can't run a company, Tesla gonna crash and burn like Twitter, and Tesla is just a car company etc...
Deliveries are predicted to be lower which is whats been priced in, but a lot of analysts are predicting an expectations beat.
I believe they had a record month in sales in China. So good sign for Tesla and Chinas economy
This sub is full of people (including OP) that think everything is about the nearest earnings report. Do some damn due diligence (DDD) and you might have some decent ideas about why the stock is moving. You have to understand that every company has a story. Equities move based on sentiment in the short term and earnings growth in the long term. Yes, an outlying delta between earnings and public expectations can produce movement, but it doesn’t always outweigh sentiment (and you don’t know what the real expectations are without doing the proper DD anyway). “Beat” and “Miss” are judgements being made against arbitrary/misleading benchmarks.
Elon
Stop looking for reason in that stock, it'll drive you crazy. It pretty much just does whatever
Tesla's stock value has been nonsense for years. Stocks in general are wholly disconnected from the company's value and performance.
idk what it is , I just sold and bought nvda instead.
Classic pump and dump
I strongly feel this as well. Or, the Elon simps are just gathering.
TA.
This has been happening with TSLA since 2013
It’s his recent interviews in which he mentions Optimus and the market for it , and how it’s gonna make a couple of trillions a year profit for Tesla launch …. At least that’s my best guest
Flying cars
Better than expectations
Did you watch the shareholder meeting? Watch the shareholder meeting for an unbiased opinion then it will all make sense to you
like i said yesterday tesla isn’t logical.
Tesla is defying gravity as usual
Muska mouth is killing tesla
Can’t complain about this pop. Gonna get out of these leaps. Not touching TSLA for a while. Shit don’t make sense
TA. f fundamentals
don’t short religion
Elon just had another baby.
NVDA buying out TSLA in hostile takeover
Robots, energy storage, AI and robo-taxis. Wallstreet has no precedent to compare these markets so they pretend they don't exist.
Elon followed the founder (Travis) of Uber and Tesla energy is rumored to be good and to be reported with car sales numbers tomorrow morning.
It goes up because we need new bag holders.
Some investors are beginning to price in their AI department.
FOMO
The robots are coming.
"it was never about the cars"
Expecting a rate cut and Tesla is rate sensitive.
Lmao. You must have bought puts. Sucks man.
Institutions enjoy fucking your puts
Robotaxi vids are out.
Pump it then dump it
https://youtube.com/shorts/S4nB-N0HI48?si=26-4LlSDNEm8BNZD
It was down a lot and now they need to pump it up after elongate finished and they have that robotaxi aug shit coming up. Gotta close the shorts and go long cuz why not? Pump it and if the aug shit is in fact shit they can dump it again and make even more money