Evara
2024-12-14
$Tesla Motors(TSLA)$  

I have been bullish on Tesla and will be in the long run. I think at the core the company is innovation driven. From the likes of Robotaxi, Optimus, network of other companies, a good relationship with the incoming President, an investor favourite CEO there  are soo many things to love about Tesla. 

But, as always I think the market has factored it all in for the short term. Currently Tesla is trading more expensive than NVDA which helped drive the market to current levels from the lows of 2023. At its current levels I am skepticle of a clean rise of the stock price. I expect a small pullback below $400 mark before the rise 

Tesla Earnings: Time to Beat or Give Back Post-Election Gains?
Tesla is expected to be released on January 29. It might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. EPS estimates of $0.76, which represents a year-over-year change of +7%. Revenues are expected to be $27.61 billion, up 9.7% from the year-ago quarter. --------------- Are you bullish on another beat and lift the stock higher? Or is it too hard to meet the high estimates of market and may give back the post-election gains?
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