*Is $Tesla Motors(TSLA)$ getting out of the woods?*
$Direxion Daily TSLA Bear 1X Shares(TSLS)$ or $T-REX 2X INVERSE TESLA DAILY TARGET ETF(TSLZ)$ in the short term. note - leverage ETF is not for the weak
in the meantime, buy $Tesla Motors(TSLA)$ on a discount at the support level to keep for longer term. Elon is too arrogant to let his baby go bust
🎁What the Tigers Say | Q1 earnings short of expectations. How can TSLA rise 10%?
@TigerClub：Tesla's FCF for 2024Q1 was at its lowest in four years, at -$2.53 billion! Elon mentioned during the earnings call that perhaps Model 2 might be produced by early 2025. In response, Tesla's stock price surged nearly 10% in after-hours trading. Will $Tesla Motors(TSLA)$ really reverse this time, or is it just a continuation of the downward trend? Below are some insights from Tigers @Jo Ker, @Mrzorro, and @EV_Dig. Which opinions do you agree with？ 🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution. Click titles to read the full analysis: 1. @Jo Ker: Elon Musk forecast for Model 2 production period fit perfectly for my trade timeline.l am vested in long call options till Jan next year with a strike price of $220. Key Points: My advice is to buy 20-25% for your first trade and buy up or down for the rest of it. l am as comfortable to buy at the $150-$160 levels now as averaging down at $120 and $102 if things go south after earnings report. You want to be in it for your initial reasons. In fact, Elon Musk forecast for Model 2 production period fit perfectly for my trade timeline and it is the best news l can hope for so l don't mind buying th bulk of my position at higher prices. So l am vested in long call options till Jan next year with a strike price of $220. 2. @Mrzorro : Elon Musk forecast for Model 2 production period fit perfectly for my trade timeline.l am vested in long call options till Jan next year with a strike price of $220. Key Points: Teslas beginning to 2024 was worse than expected. Earnings fell 55% in the first quarter, and quarterly sales declined year-over-year for the first time in nearly four years. Both numbers were below analysts' average estimate. Musk said Tesla was accelerating the launch of new models, including vehicles that would sell at more affordable prices. Musks Desire for More Control. In January, Musk said he wouldn't feel comfortable developing robotics and artificial intelligence at Tesla without having 25% voting control of the company's stock. "Unless that is the case, I would prefer to build products outside of Tesla," he tweeted. 3. @EV_Dig: However, cheap models also face fierce competition and profitability issues. Given Tesla's PE ratio of 65, cheap models are not a panacea for saving Tesla. Key Points: The decline in revenue was mainly affected by low sales volume, Tesla sold 386,800 vehicles in the first quarter of this year, down 8.5% year-over-year. According to the China Passenger Car Association, Tesla's sales in China in March were only up 0.2% year-over-year, at 89,064 units. In the European and American markets, consumers are gradually favoring plug-in hybrid vehicles. According to the Wall Street Journal, plug-in hybrid sales in the US market surged 43% in the first quarter, while bettery electric vehicle sales flattened out, only growing 2.7% for the quarter. However, cheap models also face fierce competition and profitability issues. Given Tesla's PE ratio of 65, cheap models are not a panacea for saving Tesla. Questions for you: Is TSLA getting out of the woods? Or is it just a continuation of the downward trend? 🎁Prizes 🐯 All valid comments on the following post will receive 5 Tiger Coins. We strongly recommend selecting the "Also repost" button when posting a comment to receive more rewards. ⏰Duration 1 May (24pm EDT)
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