IMHO, there is no plan to launch Robotaxi on Aug 8. More like a vision and a timeline, may be a demo of an app for Robotaxi and a prototype of the Robotaxi. A delayed event implies either the app or prototype are not ready. I believe current models can’t be used for Robotaxi, need retrofit.
Can’t meet deadline just said so. As far as TSLA cultists are concerned, is bullish regardless.
As for the share price, I doubt it would cross $400 any time because Elon sale in previous years have yet to be completely absorbed by TSLA bulls. Should need a few more months.
If bottom is at $180, short put ($180-$200) would be a good play… strike price and date would depend whether you want to earn the premium or want to acquire the stock at reasonable price.
It’s been suggested that more tariffs on China might benefit Tesla but do BYD and others have significant penetration in the US? I know some commercial users buy BYD products. I don’t think that’s been a market Tesla has gone after with vehicles, at least not aggressively. Maybe the energy storage business would benefit? In any event China would most certainly retaliate with additional tarrifs on US EV’s.
This logic does not make any sense. Zuckerberg didn’t donate to Trump but he probably gained some billions too yesterday so Zuckerberg is the real winner of this election.
It makes perfect sense to me now. Basically Elon is given this golden “get out of jail free” card and he can do whatever he wants. Lie to shareholders about self driving? SEC doesn’t dare touch him. Buy out competitors? FTC will just whistle it through.
May not be good for Tesla’s business but definitely great for TSLA stock.
A golden age of fraud and grift is upon us. It really is very bullish for TSLA.