TSLA ER On Wednesday After Hours 😎
Price action rejected off double top last Friday. ⚠️ Looking at calls above 282.75 and puts below 278.78 on Monday. Elon is trying to hype it up towards earnings as usual - pump up the volume before the dump again? 😅
First Cybertruck built at Giga Texas! 🤠
Tesla's official Twitter handle shared a photo of the first Cybertruck that rolled off the production line of the Giga Texas, which was surrounded by the factory’s workers. This has almost cemented the timing of the vehicle’s launch, with deliveries of the electric pickup truck likely beginning in the late third quarter.
Even as the Elon Musk-led company has yet to hit the 50,000-unit-per-year production goal for its Giga Berlin, the company is reportedly in discussions to begin work on the second phase of the project.
A rbb24 report said the company's application for the approval of the planned expansion was made publicly available online. The proposed second phase will augment Giga Berlin's capacity by 500,000 units to take the total annual capacity to 1 million Model Y vehicles.
Using Fib & channel to determine PA
Tesla's Giga Shanghai achieved the milestone of producing its one millionth Model Y crossover utility vehicle at the plant, earning the distinction of being the fastest to the milestone. The Giga Shanghai is the EV maker's export hub, and Model 3 and Model Y vehicles produced in China are exported to nine markets in four continents.
Reports of Tesla’s talks with Indian officials over a potential EV factory that can manufacture 500,000 units a year made rounds this week. The Indian government, meanwhile, is reportedly adamant about not waiving duty on imported Tesla vehicles even as the company plans to set up shop in the country.
History of Tesla’s $TSLA Q2 Net Income
2009: -$11M
2010: -$39M
2011: -$59M
2012: -$106M
2013: -$31M
2014: -$62M
2015: -$184M
2016: -$293M
2017: -$336M
2018: -$718M
2019: -$408M
2020: $104M
2021: $1.1B
2022: $2.3B
2023: Find out Wednesday
Tech earnings coming up
The earnings calendar in the week ahead includes big reports from Netflix (NFLX), Bank of America (BAC) (preview), IBM (IBM) (preview), and Tesla (TSLA) (preview). Economic reports of note include the latest Empire Manufacturing readout, the June Retail Sales report, Existing Home Sales report, and another jobless claims update.
Federal Reserve members will be in a blackout period ahead of the Federal Reserve meeting scheduled for July 25-26. At publication time, the probability of a rate hike at the July meeting had risen to 92% based on fed funds futures trading.
Hold 285 will hit 300 with ease this week
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Shorts have lost $12.68 billion in year-to-date mark-to-market losses, down 80%; they are down $5.05 billion, or 24%, so far in June.Jun 14, 2023... All you fund managers that went against Tesla pack your things up.
How does Wall Street rebalancing going to affect the stock?
Great ariticle, would you like to share it?
Bearish on Tesla in the short term, bullish on Tesla in the medium and long term
After earnings we'll likely see tsla down 20-30%.
What was the highest price of Tesla?
Wow