$TSLA

Are you ready for it? Are you expecting to see big earnings or big losses from Tesla today?

 

Well, I should have posted it, but I expected a big bounce, no matter what the earnings are. Why? Because:

1. There is no real logic in the way TSLA stock moves.
2. It has been oversold and a bounce was due.

 

$TSLA dead!

From $165 yesterday to $144 lol

Good luck to all chasers above there buying like crazy yesterday afterhours

 

$TSLA recent bearish call is about to end and reverse the course should the price closes above $164 if that happens new long position is on.

 

$TSLA will closely monitor at and around $164 above this level $184 is next area of interest but shorts need to fight hard to keep it below

 

I'm not sure if they can deliver on guidance... 80k compared to 50k is a lot, especially when they consistently couldn't meet expectations. Must just bought 1 billion worth of shares, so he seems confident... although if it doesn't work out he can just sell the company. Analysts have mixed reviews https://www.tipranks.com/stocks/tsla

 

They won't make more than 70K. The model S has been reaching its top demand until new markets can be opened up, and the SUV won't be sold more than 10K-15K. So let's say they make 55K S and 15K X that is 70K cars pushing demand...

 

Model 3 is going to be great, buy it will be 100% delayed, at least for a year.

 

Tesla appears to be in a bit of bad shape. There are some ongoing automotive cost reductions. There was some things that came up during the conference call last week that I wish to highlight here.
The Model 3 has been a big talking point lately. There will be a completely new platform with motor technology, new battery architecture and vehicle structure.
There is a lot that will go into this with running the prototype and testing be some of the costly things. It seems like the cost estimation for all this will be north of $1 billion. One of the biggest issues will be the lead time in the development. Tesla is already pouring money into the expenditures for the Model T.
Tesla's growth narrative seems to depend on these type of billion dollar expenditures on capital expenditure.
The other important factor is Tesla's energy profits and how they appear to have all been eaten up. Elon Musk has often talked about how energy storage is "a very enormous market". Tesla has tried not to overpromise with regards to energy revenues going for a weighted guidance for the next quarter.

 

OK, so it took over a week but today we reached $168....

It will probably top around 175 in the next few days...