$TSLA Delivery Numbers: Could This finally Be The Bottom? 📈

Pinkspider
04-02


Tesla is expected to deliver approximately 377,592 vehicles for Q1’2025. Many analysts have since revised their expectations down to 345-355k vehicles due to increased competition, production adjustments that had to be made for the Model Y refresh, and consumer sentiment being down.

If $TSLA beats these delivery estimates then we should expect a break of 293 which has been a big resistance. The 293 break should move $TSLA to 325 especially if the overall momentum of the market is to the upside.

BUT WHAT HAPPENS IF THEY MISS by over 20%? The 218 support level will very likely break and we can see a flush to 183. This would also break $SPX local low it formed this week at 5488.

If $TSLA meets expectations we should still see a drop but to 239 which would get bought up within 2-3 days.

Regardless of what happens with these delivery numbers trade opportunities will arise over the course of the week. Puts can work under 218 for a move to 183 and Calls can work above 293 for a move to 325.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment