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Tech outperforms after jumbo Fed rate cut: Are bullish signals coming?
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Who thinks TSLA is going to miss earnings because cars are stored everywhere.

TSLA is having an enormous problem. First off I live in Austin and I drive by the plant every once in a while. They have cars stacked 4 and 5 high, looks like almost a 1,000 if not more. Cybertrucks too. They have finally caught up to demand and now have way too much supply. The CyberTruck is a dud. I canceled my order, so did everyone else I know. The Model Y and 3 seem to sell well but I rarely see a new model X or Y. So the high end has stopped moving. Plus they have lowered the prices so much they have destroyed the high margins they were making. Plaid has gone from almost $140k to less than $100k. That’s a lot of profit gone. Tesla dealerships have them stored to the Moon. Same thing cars stacked 4 and 5 high and parked all over the place.
The entire car industry is having massive issues but Ford and GM are not valued at 60xs forward earnings.
I think Elon is going to try to preempt the Earnings disaster with his “RoboTaxi” announcement on the 10th. 1 week before earnings on the 16th. Try to ride the “AI” hype.
Power-walls don’t sell, Solar does not pencil out, and they are not building a robot anytime soon.
But they still can’t make my dam Roadster, been on order for 4 years plus.
Me thinking of taking out a nice Put position for the 16th. Short term Puts will be cheap and stock has rallied back over $250. Perfect timing to knock $50 bucks off the stock.
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