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Big tech earnings disappoint, US stocks dips: Who's the next hope?
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Moo Spotlights | Mooers' insights on how to profit from Tesla's earnings report

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Moomoo AU joined discussion · Jul 24 08:53
Intro
Tesla just released its 2024 Q2 financial report. $Tesla (TSLA.US)$ reported increased revenue thanks to its energy segment, with total Q2 revenue rising against expectations, despite a slump in car sales and a significant earnings miss. Elon Musk confirmed delays in Robotaxi deployment. Tesla's shares fell nearly 8% post-market.
What did mooers and professionals think about the next step of Tesla? Keep reading:
Tesla just released its Q2 earnings report, showing higher-than-expected total revenue but lower-than-expected operating profit and earnings per share (EPS). Revenue was $25.5 billion versus the expected $24.8 billion, while operating profit declined 33% year-over-year to $1.605 billion, missing the $1.81 billion expectation. Adjusted EPS was $0.52, below the anticipated $0.60.
Moo Spotlights | Mooers' insights on how to profit from Tesla's earnings report
Mooers Insights
We're glad to see so many mooers have their great angle to analyze the Earnings Report. Let's check it together:
@Moomoo Down Under: Musk says Tesla likely to win approval for "supervised" FSD in China, Europe this year Robotaxi unveiling delayed until Oct. 10 due to pending vehicle improvements...... Read more>>
@VinylEagle: Would you lend your car for strangers to ride in, % taken off the top to Tesla, Battery used, & pay liability coverage? Would Tesla cover insurance for an entire fleet? Robotaxi will be a failure upon the 6 month mark...... Read more>>
@Carter West: Compared with the actual performance, this round of rise is more event-driven, and although the fundamentals of car manufacturing have improved, they have not yet been substantially improved, reflected in the continued decline in gross profit margin, and the outlook for the second half of the year is still not optimistic...... Read more>>
@JC1616: How much will be the market share of Tesla for the industry? 5% or below 5%? Elon Musk never share on it and pertains Tesla will be the only supplier in the market for FSD and autorobot industry.
Mooers Investment Strategies
Thanks @CasualInvestor for sharing the useful trend-setting strategy with all the mooers! Looking forward to more updates! Click here to read more>>
Mooers have mixed opinions on Tesla and provide different long/short strategies following the earnings. Will you be the holder of $Tesla(TSLA.US)$ or just want to sell it ASAP? Show your opinions in comments!
Long Call
@Anthony 27: Tesla is future bet/long term bet, not any short term trade. I’ll not cut my Tesla position and yet I might add some if it reaches 220 today but of course, if you want to buy tesla, you need to have the long term horizon mindset, not any one or two months trade.
@Mickey_B: If you have bought Calls, hold your horses. It will go up.
Short Call
@Aydin Yilmaz: I'm expecting a>10% drop today. TSLA 7/26 240p is just a bit too expensive for an earning play, so this is why I'm getting the spread...... Read more>>
@jake Nho: TSLA to $100 by October because: Failed RoboTaxi, Failed FSD, and profits plunging. $43 Gap fill not yet closed. Read more>>
@Capoo: There will be people who bought high telling you to get in fast just ignore them, Tesla is the most chaotic stock I know as I bought 150 sold 250 in short term, just wait and hold cash in these low times, you will find the best mag7 tech stock to get in. Read more>>
P/L Sharing
Moo Spotlights | Mooers' insights on how to profit from Tesla's earnings report
Moo Spotlights | Mooers' insights on how to profit from Tesla's earnings report
Hot Topic
- Are you going to change your investment strategy after Tesla's earnings report released?
Tell us in comments, and we'll pick 10 COMMENTs for a reward! Winners will get 200 POINTs next Monday, with which you can exchange gifts at Reward Club!
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Moo Spotlights | Mooers' insights on how to profit from Tesla's earnings report
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Moo Spotlights | Mooers' insights on how to profit from Tesla's earnings report
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