Could hit 650 in after hours trading tomorrow. Mark this post.
$Tesla (TSLA.US)$ The fact that prices for teslas were increased by $6000 gives insight into how inflation is killing them. Germany factory is a cash furnace and Elon called for a 10% workforce reduction. I don’t consider these bullish signs. not to mention the ridiculous strengthening of the dollar over the first half of the year has definitely reduced international sales because it’s made Tesla so much more expensive for international car buyers
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I block accounts with no name, pic, trading history or posts that try to follow me. Sorry hedges
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埃隆马✅ : your puts tomorrow gg
Mike Hunt OP 埃隆马✅ : No puts …. Yet. Hoping price rises tomorrow first
Mike Hunt OP 埃隆马✅ : If the IV is too high I might just consider opening a short
TeslaSmurf : Considering that the stock reached 743,8 $ in the aftermarket, 650 would be a 12,5% crash in one day.
DUE to WHAT, if I may ?
The stock could have a downturn in case of a relevant earnings missing (eps around 1,8$ and 16,5 Billion revenue expected). Near or above those valúes there would be no downturn as we are already looking forward at the massive increase in production in Q3 and Q4. Plus, TSLA has broken out of the main downtrend channel and is now moving sideways, if not up yet. It will have one ore two more legs down, but it’s just impossible to say where will they start and where will they lead. In all the uncertainty there is only one sure thing: I will buy as much as I can at these prices and/or lower.
Mike Hunt OP TeslaSmurf : Due to the reasons that I outlined in the post. Which ones didn’t you understand?
Mike Hunt OP TeslaSmurf : Each of the reasons that I identified would reduce revenue as well as earnings per share. And that’s what’s going to be reported.
Mike Hunt OP TeslaSmurf : As far as the percentage drop, have you forgotten the 11%+ drop on earnings in January? Blue dot is afterhours earnings date
SPACELIGHT : Marked
Divided Sky : Zero chance of you being correct.
generous Cheetah 383 : I see 690, then 800+ then 590
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