Tesla is running out of excuses for its prolonged sales slump.
Analysts are estimating the carmaker will report on Tuesday that it handed over 441,019 electric vehicles in the second quarter, a 5.4% drop from a year ago. This would be a second consecutive quarterly decline, which Tesla last posted when it was phasing out its first model, the Roadster, in 2012.
Tesla $180 Upcoming . Bulls in Shambles tomorrow morning guaranteed ππ
byu/SubstantialRock821 inwallstreetbets
Posted by SubstantialRock821
37 Comments
Most investoors don’t care about deliveries that much IMO. Everyone eyeing up 8/8/2024 for the Robotaxi announcement.
IDK how anyone can look at the 5 year chart and think it’s going up. Maybe if Elon says “AI” enough times or reveals *himself* to be an AI…
Oh no. Β If that happens Iβll only be up 75%
The stock is up because sales are expected to increase from last quarter. People are excited for growth again. I doubt it will last but I don’t decide the Tesla stock price.
Good, Iβll buy 500 more shares if it does. You think you can hurt me? I own PayPal. Tesla is easy modeΒ
Rivn to the moon!
Who here trades off fundamentals like what? Most of the market doesnβt trade off fundamentals
This won’t save your puts gay bear. Kneel down and goatse cuz you are about to get reamed.
Usually goes opposite
Remindme! 14 hours
The days of valuing stocks on company fundamentals have gone. We are now in a casino where company valuations are driven by unemployed regards sat in their parent’s homes.
I will be doing the opposite of what you say. Call options it is
Elon will say Optimus will be in houses by the end of next year. Tesla to $500.
The energy storage business is about to break out. Itβs been building for years
Car deliveries are becoming less and less important to the point that it will one be irrelevant. Revenues from other business areas are making this magical number pointless. I’m more interested in energy business.
https://preview.redd.it/rs39ywbeuz9d1.jpeg?width=1440&format=pjpg&auto=webp&s=7d7dbcb768442eea73dd1fc749902e46d71c4006
So bulls in shambles in 2 weeks?
![img](emote|t5_2th52|4271)
Alright time to buy in with so many WSB regards to full π π» on TSLA lately
441,000 cars is a lot of fucking cars. Tesla is going to be the top seller again.
bag holder spotted.
Im sorry but you are about to get rocked
Declining earnings doesn’t mean anything because it’s a growth company, repeat it until it makes sense
I got 180 puts for next week exp.
This shit aint gonna drop.
![img](emote|t5_2th52|4260)
Just 2 years ago the delivery number was 295,000 in Q2 2022. The trajectory is definitely now down if youβre forward looking
Guess itβs calls then
I bought Tesla and Apple at $160. Even if it’s $180 it’s still profits ![gif](emote|free_emotes_pack|smile)
How’s yours -96% Puts looking?
Anyone know when (what time) they usually announce this? I would like to make a play, but I assume this info comes out premarket?
$180? All the bears were predicting TSLA would crash below $100 merely two months ago.
Try harder bear.
180 is cope, bad #’s are priced in somewhat. I have a put spread +205p’s -190p’s. Only two sets of contracts but I make 2.4k at max profit.
Lately bulls have had the advantage no matter how bad #’s were. But at $210 we’re well above two earnings ago, both had garbage #’s. I think the pendulum has swung too far so i put money down.
Dude are ya okay? Are ya a bull or a bear?
Wait, are ya a PIG?
https://preview.redd.it/wowod869a0ad1.png?width=1100&format=png&auto=webp&s=61612d416587e6bb36b762e55b09117b815de9c1
I know I am comparing a shoe co. to the overmind highlord of tech. It’s ludicrous. Or maybe Ludacris. TSLA broke out to the upside recently, but hasn’t had earnings yet… ![img](emote|t5_2th52|29637)
Closed above the 200 SMA. Be careful little bear π»
Calls tomorrow, got it. Thank you!
Man I’ve heard this a million times. Better buy some calls.
Just bought more shares after reading this. Thanks for the confidence
I canβt wait till Tesla is a 5T company and the π π» have to eat it.