Tesla's Asia Market Time Fell After the Robottaxi Show. Some Reasons and My Trend Views

Ryan_Z0528
10-11

I watched the Tesla press conference with many stock friends. Replay link from Tiger .

$Tesla Motors(TSLA)$ plans to first provide fully automatic and unsupervised FSD function vehicles for Model 3 and Model Y in California and Texas, and Cybercab is expected to be put into production before 2077. Musk is now "very optimistic about the schedule". In the past, he said that "more than 1 million self-driving taxis can be put on the road" within a year. In addition to Cybercab, Tesla also briefly introduced the Robovan minibus that can carry 20 people and has an operating cost of 10 to 15 cents in a short 20-minute press conference.

After the exposure of the humanoid robot and CyberVan, $Tesla Motors(TSLA)$ 's Asia time trading price turned from rising to falling.

Below are some key points about the press conference:

There are some voices about the reasons for the decline of $Tesla Motors(TSLA)$:

  1. Is this pie too far away? Cybercab can only be tested in two states in the United States next year, and it may take three years to promote it to the whole United States?

  2. Tesla's humanoid robots and other products did not exceed expectations, and the market is just selling news, but it should still stabilize the decline.

  3. The market is not optimistic about the future market of bipedal robots. The success of bipedal robots in commercialization is not very optimistic. It is possible as a scientific research, but if it is put into production line work, it will be impossible in three to five years. Some netizens quoted the views of Cheetah CEO Fu Sheng:

Bipedal robots must rely on mechanical structures, but structures are not supported by Moore's Law. Moreover, you have sacrificed too much for your feet, and you still have to solve the problem of falling. Looking at the cost and commercialization, "My wheel structure can also be implemented, and I will always be more than 100 cheaper than you."

Regarding the subsequent trend of $Tesla Motors(TSLA)$

I personally think that Tesla has fallen below the 30-day price moving average at $236 in the night market, and the 10-day moving average price of $227 at the weekly level will become support. The current sales in China are still good.

According to past experience, when semiconductor stocks such as $NVIDIA Corp(NVDA)$ and $Broadcom(AVGO)$ rise, $Tesla Motors(TSLA)$ will fall, and when semiconductors fall back, Tesla stocks can be bought.

So I haven't bought Tesla in the short term, but it is safe for me to intervene in the space of $220~230.

For communication only.

Tesla's Robotaxi Day and Stock Movements
Tesla's highly anticipated Robotaxi Day is scheduled for Thursday evening. The event will likely discuss the state of Tesla's self-driving technology and provide a road map to the start of its self-driving cab service within a couple of years. Analysts see Robotaxi Day as a seminal and historical day for CEO Elon Musk and Tesla, marking a new chapter of growth around autonomous, FSD, and AI future. Additionally, other stocks such as Broadcom, Super Micro, and Delta are also experiencing movements.
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Comments

  • Ryan_Z0528
    10-11
    Ryan_Z0528

    According to past experience, when semiconductor stocks such as $NVIDIA Corp(NVDA)$ and $Broadcom(AVGO)$ rise, $Tesla Motors(TSLA)$ will fall, and when semiconductors fall back, Tesla stocks can be bought.

    So I haven't bought Tesla in the short term, but it is safe for me to intervene in the space of $220~230.

    For communication only.

  • tinkie
    10-11
    tinkie

    Easily the most predictable stock on the planet. Count on Elon to kill any momentum every time the price reaches 250. Sell, wait, buy, repeat. Should be real cheap again after earnings.

  • moonzo
    10-11
    moonzo

    Time to put more money in?

  • RandyHall
    10-11
    RandyHall

    When will robot taxi come out?

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