Tesla stock

Production less than sales. 2Q sales/deliveries less than 2Q last year. Stock up 10% today. Still down 6% for the year.

What caused the lower production?

 

Sales softened this year as some of Tesla models lost any fed rebates.
EV sales continue to grow, but not at the breakneck speed they were growing by.

Tesla built up inventory in the first quarter, so they cut production in order to trim that inventory.

 

competition keeps increasing - elons end game

 

26% increase in the last 7 days, 41% in the last 30 days and 49% in the last 90 days. Currently at $246.

 

i've made $3,000. in 3 months on a $4,500. investment

 

If you had a larger portfolio, that could be just a day's swing of a quiet day on the market.

Of course, these daily swings go both ways.

 

Yep, could've would have should have ... except you never know if it's going to go the other way. Best to play the long game.
.

 

nah, i'm in for the long haul. makes it more interesting since i don't have a tesla yet. my 74 year old life long gear head brother just leased a model y, full self driving, he is thrilled with it.

 

Long and diversified.

It will go the other way from time to time. That is why both diversity and time length are important. Start early, because many of us are already getting too old for good starts to long games.

 

The stock took a dive today with the rumor that the 8/8 event has been postponed to October.

 

Nasdaq took a hit. CPI and employment are down, buy buy buy!

 

As good as today was, it is still well below its peak. Nut Bob is well ahead.

And now add in the risk of DJT and his anti EV crusade. What will that do to sales volume, revenue, and the stock price.

Play as a meme stock but

 

Tesla will be just fine if the rebates are pulled.
They have been fine in the past in an even worse situation (their rebates were gone while everyone else still had them).

 

tesla is flying high on AI. trump will do everything in his power to keep elon happy