$Tesla Motors(TSLA)$ I am sure that the results will not be Great due to the lower volume as well as overall GP. However, the launch of Cybertrucks as well as the increased in production volume in other facilities will a key factor for future growth. The effects on Twitter is eroding as Elon musks know the priorities in generating organic growth for the company in long term perspective. He was once the richest man in the world when Tesla stock was trading at US$1150 to US$1200. The stock went through a roller coaster when the share split happened 1 to 3. At it's lowest point at $100 last December, many have given up hopes on him and the company. Eventually, his priorities started to kick in and things turn around within Q1 to Q2 2023. This market leader in EV industry is far away from other brands and will seize the 1st mover advantage against other players. With the price reduction in China and US market, the company needs to be more efficient as well as managing the lower production cost to stay competitive. The barrier to entry is raised and small players will stay out of the Market. My advice is to Take opportunity if it drops More than 7 to 8 percent. " Fear when everyone is Greedy and be Greedy when everyone is fear. Good luck to the Tesla Manias.
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Comments
Look at all the bottom feeders/shorties assuming yet again. No matter what happens on Wednesday, I won't sell my 500 shares, because Tesla cannot be stopped.ππͺ
I doubt there will be any big earnings surprises tomorrow.π€¨ With all of the news that's been out for weeks the market is already expecting a big drop in earnings this quarter.ππ
Yeah, TSLA is just 3% of the QQQ, so even if it makes a whopping 20% move, it's only gonna be a measly 0.6% for the index. π€·ββοΈ But what really matters is the effect on overall market sentiment, right? ππ I'm sitting this one out, no position for me, and I ain't planning to jump in. I don't see it making enough moves this week to even think about a straddle play with options, and the indicators are just all over the place, offering no clear direction. ππ
I have quite a large short position for tomorrow. Canβt wait to ERβs. Donβt say I didnβt warn you all. ERβs will be bad. The numbers are terrible.
Iβm selling at open! π₯ I think quarterly report will be very bad. π But don't get me wrong, I'll be back. πͺ Just need to dodge this bullet first.