To The Moon

On July 24, Tesla released its Q2 2024 financial report. Tesla’s Q2 profit fell short of Wall Street expectations, with adjusted earnings per share at $0.52, below the analyst consensus of $0.60. Revenue increased to $25.5 billion, exceeding the analysts' forecast of $24.6 billion. Earnings per share attributable to common stockholders were $0.42, a 46% decrease year-over-year. Tesla Plunges Post Earnings: Is $200 a Good Buy? Below are some insights from Tigers @TigerOptions, @LeonTse, @SPACE ROCKET and @Shyon. 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. @TigerOptions: Tesla's Q2 earnings show short-term challenges and long-term potential with innovation and xAI synergies. Key Points: Recent Q2 earnings revenue Up 2%, EPS Misses at 52 Cents, Automotive Sales Down 7% Tesla's mixed earnings balanced by Energy Growth and Musk's Visionary Projects Tesla’s second-quarter earnings report highlights both the challenges and opportunities facing the company. 2. @LeonTse: Maintaining at $200 will be the best Tesla can do till robotaxi have confirmed production. Key Points: last bull was due to delivery record in China, but that's void and null due to the EPS dropped. How do you justify that bull in this situation? Furthermore the sell off for robotic delay. Maintaining at $200 will be the best Tesla can do till robotaxi have confirmed production. 3. @SPACE ROCKET: I'd never trade TSLA. I'd gladly invest in META than TSLA. Key Points: TSLA’s high stock price seems unjustified by its low profits amid low demand. Elon's erratic leadership and broken promises inflate stock prices; layoffs followed by hiring spur craziness. 4. @Shyon: I did feel the worst is already over for Tesla. I will monitor somewhere near 200-220 USD. Key Points: In Q2, revenue rose 2% to $25.5B, driven by growth in energy, Cybertruck deliveries, regulatory credits, services, and lower ASP of S3XY models, despite a $30M forex loss and declining S3XY deliveries. How will new models drive revenue, and what’s the update on the postponed Robotaxi, 100% YoY energy growth, and Tesla humanoids? Keep an eye on the share price as this round of pullback might be a great opportunity. Questions for you: Tesla Plunges Post Earnings: Is $200 a Good Buy? 🎁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 31 July (24pm EDT)