Exactly, no fundamental has changed for Tesla, sales is declining, margin % will decrease and revenue most likely as well.
But there's the hype that Tesla will accelerate the launch of Robotaxis into a market that is dominated by Waymo, which does 150k paid rides per week and is expending into Austin and Georgia. What a joke, the Robotaxi is design study so far and Tesla FSD isn't able to run fully autonomous with their vision only approach.
The stock price increase is a cleverly orchestrated gamma squeeze, watch for it during RTH again today, like basically every day.
Beware of the extreme volatility of Tesla shares price and watch the price to avoid buying at a too high price. As soon as the call options are closed for those pros to cash in, the "Tesla is soaring" will once again vanish!
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