Bearish on Tesla Earnings vs. Bullish on Trump Trade: Where Will Tesla Head?
$Tesla Motors(TSLA)$ 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~
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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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@MHh
@SR050321
@melson