It's expected a decrease in delivers for this quarter. Yet the stock is booming.
I understand last time the market over shorted tsla expecting super shitty results and at the end these were only mediocre and Elon promised robotaxi and what not.
But what is happening now? The stock has broken several local highs. Is this some of the previous money held at ATH in Nvidia diversifing?
Am I missing something? What are your predictions?
Can someone please explain me what is happening with tesla?
byu/miguelp25 inwallstreetbets
Posted by miguelp25
34 Comments
Elon said the Roadster can fly.
Their new driving fridges have barely killed anyone thus far so bullish. If they waste a whistleblower of two this shit will moon 
OP: does DD…..
Also, just asks Reddit instead
Robots
Don’t fight the trend
Inversing at its finest = TSLA
Elon has not had to give away any horses lately
Tesla hasn’t been trading to any fundamentals for basically a decade. Don’t try to make sense of it. Market value is greater than all other car companies combined… does that make any sense? I would say any action on Tesla is gambling.
Still a bunch of QE money out there that never got QT’d or sucked up by interest, so momentum is still king.
You guys let your hate for Elon hurt your gains
The price of Tesla depends on 2 things. 1) If Elon wants it to go up or down. 2) Whatever the opposite of my positions are.
You guys still think stock price is influenced by a company’s performance?
Lol
I can tell you exactly what’s going on.
Friday I sold the stock for a loss, I guess word got around
Sold 1 contract too early 
The more TSLA goes up the more negative articles it’s almost hilarious 
Never bet against ketamine
I been holding for 3 years and cut my losses, so that’s why it’s been on the rise lately. You’re welcome
https://preview.redd.it/a0sinkhr9y9d1.jpeg?width=534&format=pjpg&auto=webp&s=3ae903c385b4c70733490386fe01a955d853258d
Other tech stocks rallied
Tesla didn’t
Now tesla rally
WSB regards were bearish on TSLA. That’s the explanation.
You guys don’t understand that Tesla follows technicals exactly, I mean look at this perfect wedge:
https://preview.redd.it/oi6ytrkpcy9d1.jpeg?width=1125&format=pjpg&auto=webp&s=4dc52d42a5505ff5edb5948077d59ed022e4c45c
A
I
China’s EV market appears to be recovering, so some people are predicting a beat on deliveries.
Also, less uncertainty about Musk’s role, maybe?
Considering how much bearish and hostile sentiment for TSLA is on Reddit and WSB, it’s only natural to inverse WSB.
Too many regards here never tested FSD 12.3 or 12.4 and people here actually think BYD and competition is killing Tesla.
Hint. No in 2024 gives a crap about how many iPhones Apple sold in Q2 2012 just like no one in 2030 cares how many cars Tesla sold in Q2 2024.
The market prices profitability of a success multiplied by liklihood the vision takes place.
It was never ready for something as stupid as Cathie Wood / Musk throwing projections of “everyone will taxi everywhere for $50 so our revenue will be fifty babillion jillion dollars plus repair revenue, with a tech multiple.
The price is these factors battling it out.
Robots. That’s the reason I bought $300 July 2025 leaps. It’s up 89% in two weeks.
One major fear about Tesla was China’s faltering consumption. A fear that the financial crisis in China would hamper electric car demand for many years.
But Nio, Li, and Xpeng just announced a burst in deliveries. So fear is subsiding.
“Booming” eh not for some of us – more like giving back some of the L
Become Opposite George. If every instinct you have is wrong, then the opposite must be right. So if your instinct is the stock should fall, just do the opposite and yolo into it.
Reddit fucking hates Elon and everything you read on this site is bullshit and typically wrong when it comes to stock advice
I believe they had a record month in sales in China. So good sign for Tesla and Chinas economy
idk what it is , I just sold and bought nvda instead.
i sold it for a 45% loss (aft holding for 3 yrs) 2 weeks back and now its going up u r welcome
Reddit is just a bunch of low IQ, 1st world communists, that dog walk for a job.
Just inverse the sentiment of the site and make easy money