Warzypants
07-10

For those who think Tesla's recent slide below $400 means that some sort of catastrophic dip it coming and support levels have been breached, and that Rivian is coming for Model Y, I'd just offer the following counter-points: 1. $Tsla closed around $405 today, so no real evidence of support being breached; Tesla is a far stronger company now in mid-July than it was in December 2025 when it was hitting ATH at around $490; Rivian, though they produce nice cars, is still nowhere near Tesla in volume production or economies of scale, and are still losing money; Tesla, on the other hand, just had a bumper quarter with Q2 earnings due July 22nd. Unlike Q1, when the stock drifted lower on an absence of near term catalysts, Q3 sees an abundance of them. So sell at your peril!

Tesla Delivered 22K More Cars Than It Built — How Far Can This Rally Run?
Tesla's Q3 deliveries beat expectations and ran 22,141 units above production — it sold more than it built. The stock closed +4.65% at $370.59 Friday and is on pace for its first annual delivery growth since 2023. It's still -17.60% YTD vs the S&P 500's +12.81%. Bulls read the beat plus the inventory drawdown as real demand, not channel stuffing; bears note most of the decline is multiple compression, not falling sales, so deliveries alone may not restore it. How would you score this rebound?
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