Bearish on Tesla Earnings vs. Bullish on Trump Trade: Where Will Tesla Head?

Tiger_comments
10-23

$Tesla Motors(TSLA)$ will release its earnings report after the market closes today. Analysts expect Tesla’s revenue to reach $25.674 billion, representing nearly 10% year-on-year growth. However, non-GAAP earnings per share (EPS) could decline by about 9%.

Market has a bearish outlook on Tesla’s earnings.

The stock has been fluctuating between $213 and $222, a key support range. If the stock stabilizes at this level and forms the classic "breakout and retest" pattern, it could signal a buying opportunity. Conversely, if the price falls below $200, it may trigger further downward movement.

Although Tesla delivered 462,890 vehicles in Q3, a 6.4% increase compared to 435,059 vehicles in the same period last year, this figure did not meet market expectations.

Since the Robotaxi announcement, Tesla’s stock has dropped by about 10%. $Tesla Motors(TSLA)$ lags far behind other Magnificent 7.

Beyond Tesla's latest financials, the political significance of the company is also becoming increasingly evident.

Musk offers voters $1 million a day to sign PAC petition, a campaign running until Election Day (November 5).

He also promised $47 for signing and an additional $47 for referring others.

Looking back to 2017, Trump’s large corporate tax cuts lowered Tesla’s tax rate from 35% to 21%, bringing significant financial benefits. Moreover, under Trump’s administration, SpaceX secured over $6 billion in defense contracts.

Wall Street is making strong bets on a "Trump victory."

  • A JPMorgan report released on October 17 noted that hedge fund capital flows showed a strong preference for Republican themes, with Republican candidates being bought up in recent weeks, reaching near two-year highs.

  • Meanwhile, Goldman Sachs’ "Republican Victory Basket" has hit a record high. In its latest report, Goldman Sachs stated: "The market positioning favors a Trump victory. This has been the case even before the recent rise in odds of a Trump win."

  • UBS’s "Republican Victory Basket" has also outperformed the "Democratic Victory Basket," rising for 14 consecutive days.

The market is bearish on Tesla while bullish on Trump’s potential return to power.

Which of the two forces will have a bigger impact on Tesla?

Can Tesla hold the $220 mark this time?

If you could get $47 for voting and referring a friend to sign, would you do it?

Leave your comments and also post to win tiger coins~

# Jump Over 20%! Will Tesla Head to $300 Before Election?

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Comment（17）

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  • MHh
    ·10-23
    TOP
    Who says they must be mutually exclusive? They now appear very much in partnership than in trump’s previous term. Even in his previous term, Tesla did well. Tesla’s performance has to do more with its sales, profit margin, ability to compete with its competitors, geopolitical tensions as well as whether it can continue to surprise or deliver what the market wants such as the robo taxi. EVs generally has performed well for the other brands and I do expect similar performance from Tesla. So, I do expect it to hold $220.
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  • icycrystal
    ·10-23
    TOP
    $Tesla Motors(TSLA)$ stock going up and down... scary... [OMG] [Gosh]

    stock has been fluctuating between $213 and $222, a key support range. If the stock stabilizes at this level and forms the classic "breakout and retest" pattern, it could signal a buying opportunity. Conversely, if the price falls below $200, it may trigger further downward movement.

    @LMSunshine @GoodLife99 @Universe宇宙 @rL @HelenJanet @koolgal @Shyon @Aqa @SPACE ROCKET @TigerGPT

    The market is bearish on Tesla while bullish on Trump’s potential return to power.

    Which of the two forces will have a bigger impact on Tesla?

    Can Tesla hold the $220 mark this time?

    If you could get $47 for voting and referring a friend to sign, would you do it?

    Leave your comments and also post to win tiger coins~

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    • TigerGPT: 

      Based on the available news and data, here is an analysis of the current situation with Tesla Motors (TSLA) stock:

      Fluctuating Stock Price: Tesla's stock has been experiencing volatility, fluctuating between a key support range of $213 and $222. This volatility can be influenced by various factors, including market sentiment, company performance, and macroeconomic conditions.

        

      Earnings Concerns: There are concerns about Tesla's earnings performance. It is the only member of the "Magnificent Seven" technology companies expected to see a decline in profits for the latest quarterly results. This could impact the stock's price as investors assess the company's financial performance.

        

      Investor Sentiment: Investor sentiment towards Tesla appears to be mixed. Some investors may be bullish on the stock, attributing potential growth to Tesla's core business and upcoming products like a cheaper EV model and regulatory approvals. However, others may be losing patience due to low growth expectations and concerns about execution.

        

      Support and Resistance Levels: The stock's support level is around $213, while the resistance level is around $222. These levels indicate price ranges where buying or selling pressure may be stronger. The ability of Tesla to hold the $220 mark is uncertain and dependent on various factors, including market conditions and company-specific news.

        

      Trump's Potential Return: The impact of Trump's potential return to power on Tesla is uncertain and can vary based on policy decisions and their implications for the electric vehicle industry. It is important to consider broader market dynamics and economic factors when assessing the potential impact of political events on specific stocks.

        

      Voting and Referral Opportunity: The offer of $47 for voting and referring a friend to sign up should be considered separately from investment decisions. The decision to participate should depend on factors such as personal interests, the credibility of the source offering the opportunity, and the associated terms and conditions.

        

      RISK DISCLAIMER: The information provided above is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential for loss of capital. It is important to conduct thorough research and analysis and consider your own investment goals and risk tolerance before making any investment decisions. Always consult with a professional financial advisor for personalized advice tailored to your specific circumstances.

      10-23
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  • Aqa
    ·10-23
    $Tesla Motors(TSLA)$ is traders’ darling with the great fluctuations in its share price. Elon Musk sure knows how to make good use of such price characteristics. He must have also seen some really good points for supporting Donald Trump. Tthe political significance of Tesla is becoming increasingly evident. Have confidence with $Tesla Motors(TSLA)$ share price. Thanks @Tiger_comments @icycrystal
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  • Mrzorro
    ·10-24
    I think Trump's potential return to power will have a bigger impact on Tesla. Even Tesla can't hold 220 this time, which will be rebound if Trump's win. I guess I will refer my friend to.sign [LOL] [Miser]
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  • highhand
    ·10-23
    wait. let me toss a coin. heads Tesla goes up, tails, Tesla goes down..... drum roll please.... 🥁 a monkey's tail! Tesla goes  down.... hit 200 and bounce back right up as Trump wins!!!!
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  • SR050321
    ·10-24
    $Tesla Motors(TSLA)$ will you go down to below $200 ? Waiting to see.
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  • SPOT_ON
    ·10-24
    will not touch tesla

    @ZEROHERO
    @MHh
    @SR050321
    @melson

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    • SR050321: 
      Ok thanks 😁
      10-24
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    • ZEROHERO: 
      Go with the flow. Fast trades help 😉
      10-24
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  • Universe宇宙
    ·10-23
    @TigerGPT what is the next 6 months target price range for $Tesla Motors(TSLA)$ ?
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    • TigerGPT: 

      Unfortunately, I cannot provide you with specific target price ranges for Tesla Motors (TSLA) for the next 6 months as there is no relevant data or historical stock quote information available.

      However, I can provide you with some insights based on the information you provided. According to analysts, Tesla's revenue is expected to reach $25.674 billion, representing 10% year-on-year growth. However, non-GAAP earnings per share (EPS) could decline by about 9%. The market currently has a bearish outlook on Tesla's earnings.

      In terms of stock price, Tesla has been fluctuating between the key support range of $213 and $222. If the stock stabilizes at this level and forms a "breakout and retest" pattern, it could signal a buying opportunity. On the other hand, if the price falls below $200, it may trigger further downward movement.

      Furthermore, it's worth noting that Tesla's stock has dropped by about 10% since the Robotaxi announcement. The market is currently bearish on Tesla, while being bullish on Trump's potential return to power. Wall Street is making strong bets on a "Trump victory," which may have an impact on Tesla's performance.

      However, it's important to remember that these dynamics are complex and can be influenced by various factors, including market sentiment, geopolitical events, and company-specific developments. It is always recommended to conduct thorough research and analysis, considering both bullish and bearish viewpoints, before making any investment decisions.

      Risk disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including potential loss of capital. It is important to consult with a qualified financial professional before making any investment decisions.

      10-23
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  • MasterStonker
    ·10-23
    Tesla will head to Mars and send Optimus to take care of you there lol
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  • ZEROHERO
    ·10-24
    Trend is your friend so trade the momentum later 🤑
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  • Success88
    ·10-23
    Tesla earring should be just fair
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