It’s not rocket science why $T

It’s not rocket science why $TSLA +28% in the last week vs NDX +4%: 1/ Elon’s all-hands meeting was a big success, with Elon conveying vision, confidence, energy, and calm to the troops; 2/ It’s clear from credit card data that TSLA orders (and specifically deposits) have not been impacted by Elon’s politics and DOGE activities, despite what MSM says; 3/ China TSLA weekly insured registrations have had two strong back-to-back weeks (YTD highs), and TSLA China 1Q registrations are now just -0.6% behind last year’s 1Q; 4/ The gorgeous new Model Y is ramping production quickly, which should lead to UPWARD FY ‘25 delivery revisions as we start 2Q (now 1,903K +1.6% YoY; was 2,078K +10.6% YoY at Y.E.).

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