Well, as anticipated, TSLA dropped to 240 and will likely continue before and after the 10/10 event. Either this show will truly impress, in which case we may see a significant jump, probably above 270 over the following few days, or, as I expect, it will be cringe (Musk as awkward as usual, an unclear roadmap of "soon to come out" products) in which case we could see the share price drop below 200.
I strictly follow price action. If it happens to line up with a BRN fine. Otherwise reversals and or breakouts up or down is the focus. Note open gap down around $144. I have no idea, just like anyone else, how soon that will close but it will at some point in the future.
Tesla has big plans to release a company-saving robotaxi next week, leveraging the incredible advantage in autonomous technology that the company swears it has in order to prevent the whole house of cards from tumbling down. The Tesla faithful hoping to see a real life robotaxi might be disappointed, however: New analyst info says that Tesla may be showing off nothing more than renderings. Tesla May Not Even Have Real Cars At Its Robotaxi Launch Event The company may instead show some very pretty pictures of cars that might someday exist https://jalopnik.com/tesla-may-not-even-have-real-cars-at-its-robotaxi-launc-1851666999
Tesla loses top vehicle program manager behind Model S/X, Cybertruck, and more https://electrek.co/2024/10/07/tesl...manager-behind-model-s-x-cybertruck-and-more/
Elon's top management team at Tesla is rapidly disappearing before the robotaxi event. Guess they can read the writing on the wall. In the past week, 4 of Elon's direct reports have announced they are leaving Tesla https://www.businessinsider.com/elon-musk-loses-4-top-executives-ahead-of-robotaxi-event-2024-10
(MORNINGBREW) WORLD Tour de headlines Patrick Pleul/Getty Images Tesla will (finally) introduce its robotaxi. In the company’s most anticipated event in years, CEO Elon Musk plans to unveil a fully autonomous taxi prototype he’s called the “Cybercab” tonight. Musk has staked Tesla’s future on autonomous technology, prioritizing it above other initiatives, like a cheaper electric vehicle that would protect its leading market share against rivals. The robotaxi has been a long time coming: As far back as 2016, Musk promised that Tesla self-driving cars were “two years away,” per The Verge. This car could be worth the wait: According to Bloomberg, it’ll have butterfly wings that open upward. Since 201666666666666666
What to expect at Tesla’s ‘We, Robot’ event Tesla is holding a prime-time event in Hollywood to reveal its long-promised robotaxi. https://www.theverge.com/2024/10/10...axi-event-how-to-watch-what-to-expect-optimus Tesla is about to reveal its self-driving robotaxi, a purpose-built autonomous vehicle that’s supposed to reposition the company as a leader in AI and robotics. The new robotaxi will be revealed at Warner Bros. movie studios in Burbank, California, where Tesla has reportedly been collecting fresh mapping data in the lead-up to the event. Tesla has a lot of ground to cover to prove it can launch a driverless vehicle that can compete with robotaxi rivals like Waymo and Cruise. And Elon Musk is expected to outline his vision for the Tesla Network, in which Tesla owners can add their autonomous vehicles to a robotaxi fleet when they’re not using them. (More about how to watch at the above url)
Daily chart looks like it might of found some (near-term) support. TWT along with how "show" is received by the street.