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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. At other Dealerships I am being told by friends who live in other parts of the Country that it’s worse.

    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.

    That’s what happened last time.

    Thoughts WSB wizards?

    TSLA Puts, out of the Money, for the Win?

    Or don’t bet against Elon. I am a huge fan but I can do math too and theirs just does not add up.

    Who thinks TSLA is going to miss earnings because cars are stored everywhere.
    byu/bignoze inwallstreetbets



    Posted by bignoze

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    36 Comments

    4. Training_Baker5454 on

      I live off a major interstate and see Teslas being shipped constantly through Georgia. I was in Miami last week and saw 15 Cybertrucks in two days and the amount of white Model 3’s and Model X/Y’s is beyond reason. Florida has to be 40-50% of Teslas overall sales.

    7. Enough_Depth2223 on

      I also encountered a similar situation when driving past the dealership, every model is just parked in rows with no signs of them selling out like in the past or even having the three-month waiting periods. Furthermore, there is even more news pointing towards the robotaxi event being a sell-the-news event with regulations prohibiting them from even getting on the roads till years from now. Additionally, even if Tesla beats earnings its expectations are so high the situation will be similar to NVDA with a large sell off and it most definitely will dip lower. I am looking to purchase some calls as well as the price is inflated and you will be getting them at a discount, but I don’t know what strike or duration seems best. If there is a similar scenario to NVDA where the price might jump back up, it will still not jump up to the record highs that it is at right now.

    8. mikemanray on

      They caught up to demand a year ago. Now Elon just lies during earnings calls.

      Q1 ‘we still see 50% growth this year’. When they missed Q2, they didn’t say anything about growth or car sales, just talked about robots and taxis and AI and ‘we aren’t a car company anymore.’

      I’m sure he can keep lying, nobody seems to enforce any type of requirement for your earnings calls to be factual. ‘We see revenue tripling next year thanks to our robotaxi (that won’t release until 2029)’. Stock doubles.

      Edit: I bought 1 OTM put before Q1, went from $750 up to $2100 then expired worthless after the pile of shit earnings call that week. I got greedy and held it through the call. Thought it might hit $5k.

    11. convexdominance6 on

      bro were gonna have a runup to 10/10 for robotaxi which will be a sell the news event

      so just buy calls now and puts on 9th and forget about earnings

    13. Fuman20000 on

      I believe TSLA will go parabolic up until production numbers release and miss the mark. TSLA will dip until robotaxi event.

    17. carsonthecarsinogen on

      OP you’re missing the point but sort of onto something. The cars are still selling, Tesla is still a number 1 seller in most markets. But the inventory is expensive to hold onto, part of the reason Tesla was so profitable was because they didn’t need to hold cars. They just made them and sold them instantly.

      You’re also focusing on the wrong products. The roadster is a PR move and nothing more, it also won’t bring profits so it doesn’t matter. Ideally they don’t make it for a long time imo. The energy business is growing massively tho, and profitably.

      Regardless pe is way too high, even if I randomly factor in hype and hypothetical sex robots. But I wouldn’t be buying puts either.

    21. elysiansaurus on

      Damn, they have 1000 cars sitting around on the lot of a factory that makes /checks notes. 1000 cars a day?

      0 demand!1

    22. BasilExposition2 on

      There are no Tesla dealerships. There is some showrooms and their inventory is on their balance sheet.

    23. supermoto07 on

      OP you applied wayyy too much logic to TSLA stock. It does not follow and sort of fundamental logic. Every time I think “there is no way this company’s stock can keep going up they are cooked” it turns out my portfolio is in fact the thing that gets cooked

    25. RandomShyguy4 on

      I’m in NY and Teslas are EVERYWHERE the stock is pretty high however if it dips quite a bit I’ll probably buy a bunchhhhhh

    26. playa4thee on

      As long as Musk keeps spending time tweeting insults on X geared towards the people who used to buy his cars, this stock will never see the same highs as before. RULE #1 for every CEO of any major company; Do not mix business with politics!

    27. GoTakeCoffee on

      Tesla is an EV company only when they beat earnings and delivery estimates, otherwise they are an Ai company. Hope this regarded logic helps

    28. kenypowa on

      Gay bears don’t know CT all look the same and automatically think the ones he saw yesterday were the same vehicles today.

    29. Yung-Split on

      I think everybody already knows cars are sitting, so therefore they will miss earnings and the stock will go up. I’m buying calls.

    33. codespyder on

      This whole earnings season has been good news = 7% drop, bad news = 7% gain

      Therefore if you don’t believe in them, buy calls

    35. politicalinvestor on

      I don’t like to think about betting against Tesla lol. Elon wants good for America, he’s a genius as you said he’s turning high end cars into something almost anyone can afford. He will start making reliable cheap cars soon. His robo taxis will wipe out taxi uber etc. I’m sure he will also be starting a rental car fleet. Then further more adding to charging stations.I find it an awful idea. There is a reason shareholders approved a $56 billion pay package.

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