Tesla is in a sideways consolidation within a roughly 10-12% trading range, and as long as it stays in that range the range should be respected; a Musk tie-up of Tesla with SpaceX or X is unlikely to be announced at Wednesday's earnings.
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Now, on the other hand, there's Tesla. Tesla, [clears throat] it's in a sideways consolidation. I kind of dug um Elon Musk's uh flying car thing. A lot of people are saying, "Oh, well, that's AI.
Um, frankly, I think Elon Musk is AI. Um, he's incredible. So, would I buy that car? Actually, I would. And I may, but it's not going to be for a couple years, but I've always wanted a flying car.
Um, so, and maybe I'll get a robot, too. Who knows? Um, if they got a robotic dog, I'll definitely get one of those because I really love dogs. Can't get enough of them.
So, but with respect to Tesla, you got to look at this too. There is a there's a theory that Tesla can be, you know, integrated with SpaceX, maybe with X, uh maybe with all of the above.
At one point, I could see Musk putting them all together in one company. I don't know whether that's the case, but I got a pretty good feeling that he ain't going to announce that on Wednesday when they report earnings.
So, all I can say now is this is a stock that's in this sideways consolidation. Um, this is where I got a lot of lines here. I tend to keep them a lot longer than I should just because I like to go back and see what the heck I've done.
You should be doing that, too. You'll learn a lot. But so far, this thing is in a tight uh actually not a super tight, but uh like a 10 12% trading range. As long as it's in that range, you need to respect that range.