To The Moon

On Thursday, EV Leader Tesla shares soared by 18%, marking one of its largest single-day gains in recent years, following a robust third-quarter earnings report that smashed analysts' expectations on the bottom line but slightly missed the revenue forecast. However, The electric carmaker, led by Elon Musk, showcased stronger-than-anticipated auto margins and provided optimistic guidance for 2025, pushing shares dramatically higher.GuruFocus has detected 4 Warning Sign with TSLA.Investors are overwhelmed by the earnings beat, with gross margins climbing to 19.8%, surpassing the expected 16.8%. This significant increase reflects a keen investor focus on Tesla's profitability metrics, particularly in light of the company's challenging start to the year. Earlier in 2024, Tesla was struggling with declining deliveries and waning demand in China, sparking concerns about the health of its core automotive business.Analysts have reacted positively to the financial results, which have alleviate

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ it is now due for a downwards adjustment next week. Book profits and wait to buy the dip again.

Tesla says it's unclear when it will be able to roll out its self-driving taxis.The company said with its second-quarter results that deployment of the Robotaxi, a self-driving electric model expected to have no steering wheel or pedals, depends on technological advancements and getting the nod from regulators.The company is "working vigorously" on the program because of its "outsized potential value," Tesla said.Tesla is set to unveil the Robotaxi in October after years of talking up the program. Chief Executive Elon Musk has compared the plans for a dedicated ride-hailing network to Airbnb, with Tesla owners deploying their own vehicles for use by others.Shares of Tesla slid more than 2% in extended-hours trading after the EV maker reported per-share earnings for the second quarter that fell short of analysts estimates.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .

The Ark Innovation ETF had been loading up on Tesla shares as they dipped - and it's now selling on the rally. As Tesla Inc.'s stock is back on the upswing, high-profile investor Cathie Wood's ETFs are selling again.Wood's flagship Ark Innovation ETF ARKK sold 56,425 Tesla shares on Tuesday, valued at $13.05 million at Tuesday's closing price.The sale by no means suggests a change in strategy, as Tesla remains the ETF's largest holding by far with a 14.6% weighting, valued at $891.89 million as of Wednesday morning. But it did mark the ETF's first sale since Oct. 18.The sale comes after Tesla's stock closed Tuesday at a six-month high after strong second-quarter deliveries data.The ETF is essentially continuing its pattern of trimming its stake as the stock rallies, after loading up on the dip.Tesla's stock rose 2.2% in premarket trading Wednesday, putting it on track for a seventh straight gain. That would be its longest winning streak since the 13-day streak that ended June 13, 2023

$Tesla Motors(TSLA)$ be careful blindly following anyone- whether bullish or bearish- instead, act based on financials, charts and indicators etc. for now, Tesla has been hurting but from the 1 month chart, there’s a pretty clear Bull Flag which should help Tesla retest $185 in the coming days.

SummaryTesla grew production and sales, but it appears that the company needs to maintain price cuts