TSLA is constructive: positive free cash flow, $5B capex cuts, expanding robotaxi miles, sold-out 2027 subscriptions (~$11B profit) and humanoid robot production support the case. Technically it must hold the 380 level, now resistance for 2-3 months; above it, 400 is easily reachable.

I was on a Tesla earnings call.

We have Tesla, which had positive free cash flow and reduced the amount of capital expenditure it plans to spend, and the market is rewarding it.

As for Tesla, it was very interesting today. We've been talking about the 380 level for a year now. 380 was a very good support level in the past. As you know, if you saw the price of Tesla at around 380, it was a great time to buy.

Years have passed. But now, if we extend this level, you will see. But now it has become a resistance level. The 380 level has been a resistance level for the past two or three months.

We need to stay above this level. If we stay above it, we will easily reach 400. That is the key.

As for the earnings call, everyone thought it was bad because of their complaints about trivial matters such as sound quality and the tone of the speakers. That does n't matter.

The important thing is the signal, and we got 11 strong signals. You can view them in my Substack account. Write a summary after each earnings call of the most important alpha points.

Their ability to cut capital expenditures by $5 billion every time they raise prices is unbelievable. But what is most surprising is that they have achieved a positive free cash flow; it is amazing.

Their taxis travel 90,000 miles a day , and are paid about two or two and a half dollars per mile. They are at the beginning of their expansion, and will move to other cities very quickly .

Again, if we can provide 2,000 unsupervised electric taxis before the end of the year, that would be a tremendous achievement. Version 15 is coming. All the mega subscription packages for 2027 have sold out.

This will generate $11 billion in profits. If we multiply $11 billion in profits by 100 to get the price-to-earnings ratio, we get a value of $1.1 trillion . I wrote an article on Substack 4 years ago in which I stated that the value of the mega subscription packages market alone is estimated at one trillion dollars, and here we are. disaster. The numbers are easy to predict.

So, we need to keep the stock level above 380 , that's great. That is , if you have the courage to sell your covered call options at all these highs, it could bring you huge profits.

This fluctuation within hours, let's take a look at the chart for one day, it's absolutely crazy. The price jumped from 395 to 364 and then back to 389 in just a few hours, my friends.

Unbelievable. This is the earnings chart, by the way. They ignored him.

Tesla and SpaceX. I said last week that we would return above 2.4. It is now 2.54. This means you will receive 2.54 or 2.55 shares of SpaceX stock . Do I have 2.56? You know, those people who run the auctions.

I love their voices. In any case, 2.54 shares of SpaceX stock versus Tesla. huge. If a merger happens as described in yesterday's video, I think we'll get three SpaceX shares for every Tesla share.

Remember the number three, it will be within that range. It could be 2.6, or 3.2. In short , three shares of SpaceX. Remember, you are investing in the future. I have explained merging and how it works time and time again , yet some people still find it difficult to understand.

Think of it simply: you are adding a company that is only worth $2, which is undervalued , and its value will rise to $6, i.e., SpaceX, in a short time, perhaps a year or less.

And you add to that another company worth $1.5, Tesla, which is striving to achieve the greatest accomplishments on Earth, such as self-driving vehicles, humanoid robots, and more.

Data centers in space will also be an important part of this development, but this will take years. It will take another two or three years before it happens. Incidentally, Tesla's humanoid robot has begun production, and they expect to produce 20,000 robots per month.

This is very important news. The third version is ready. They are being manufactured now, but they are still keeping it very secret.

Sorry for talking so long about Tesla. A very important chart for Tesla and SpaceX stock.

By the way, some technical news is here. The 2.55 ratio may be close to its highest level. If the reductions are not too bad in terms of sales, this could mean a return to 2.4 or 2.3.

Anyway , by the way. This stock is heading back above $200. Its price is now $198. Nothing can stop this rise.