TSLA — All updates

Tesla Tesla was up a bunch yesterday. today. I think it's worth a look today, right? Tesla actually had a nice little push yesterday. Some guys went long verse 347, 342, tried to get above this area.

It's still not special. It's still kind of broken, but I do think that it could be a day trade today.

After Tesla's epic Cybertruck launch, SpaceX has started to feel a bit overlooked ; it's time to change that.

For both Tesla and SpaceX, retail shareholders at least tend to have a much longer investment horizon than most ordinary investors. I, for example, started buying Tesla shares more than a decade ago and haven't sold a single share since .

The reason is that I am looking ahead to the future in 10-20 years and I would like to continue holding those shares , thank you very much.

But big trucks have to run on diesel until Tesla Semi, which is launching in about 10 days as well. So, this is another tailwind for the electric truck from Tesla. And yes, they've already sold from my account 1,800 of them already. And the cost of 300, 400, $500,000 a pop.

Apple flat, Tesla up 1.4%. Not much there.

Here, Jean Monster is predicting that Tesla's stock rally amid the NT uh NHTSA cyber cab probe. He calls it a speed bump for Elon Musk.

Gene Mudster here saying that this is could actually cause the stock to rally. investor Gene Monster of Deep Water Asset Management thinks that Tesla, ticker TSLA, their shares could rally after the National Highway Traffic Safety Administration, or NHTSA, announced it was probing the Elon Musk EV makers plan to deploy 1,000 units of the cyber cab in Austin.

Don't be surprised if Tesla, Amazon, or Google buy Uber for $300 billion to win the race to deploy self-driving vehicles. Now, putting aside Amazon and Google for a moment, if Tesla were to buy Uber, I would retire from content creation.

This is my level of confidence that this will not happen.

I think Tesla is about to completely destroy Uber.

I think the reason for this is that Tesla, in my opinion, is about to take over Uber. And something that happened this year with Uber and Waymo makes me really think that Tesla is about to achieve something.

No, it's not about charging for robotaxi rides. Rather, it's about making money from something else related to "CyberCap". Well, look, Tesla's stock is down about 19% since the beginning of the year. He was extremely unpredictable.

Tesla held its "CyberTruck Lollapalooza" event in Austin, Texas. you know that the Cybertruck is Elon's two-seater electric car, with upward-opening doors, no steering wheel, no pedals, and designed to operate entirely with Tesla's self-driving software.

This, this is a vehicle designed from scratch for complete autonomy.

So, if you have a high beta asset like Tesla and the stock market falls 5%, Tesla will fall 10%.

Tesla and SpaceX are expecting significant growth. I love the thought of 20 ways to $8,000 Tesla, but I have difficulty understanding how this would be possible. Tesla at 8,000 would bring in to a market cap of 31.6 6 trillion while the entire current world GB GDP is 126.3 trillion.

But the bottom line here is that Tesla's engineers did exactly what they said they would do. They have reinvented the manufacturing system for how vehicles are produced and how this will be done in the future.

Clearly, this will eventually make its way into future vehicles as well. The title of this video is: Tesla has just reinvented the car. Often, they tend not to cover many of Tesla's major achievements.

we'll start with Tesla. Can you see the weekly chart of Tesla? So, we have an average cycle length here of 26 bars. And you can see that we had this uh very bearish candle um back in July that broke through the cycle low support and found some support down here near the 100% extension level.

Well, that would have been very early for a low. It's almost midcycle there. And so, we created this uh resistance zone using that high and that low. And this week it got up uh into the upper resistance zone there and we're getting a strong rejection from that level.

So expecting a cycle trough to form sometime between September 28th and November 6th. There's the earnings date somewhere in that time period as well. So we'll see what happens with that.

But we do have a momentum shift uh with the reversal scout here based on this move up into the resistance zone. But uh we'll likely get some chop uh choppy action lower now um based on the timing window and also this rejection.

Heartiest congratulations to the entire Tesla team on the official launch of their dedicated robotic taxi, the "CyberCab". Not much for Tesla customers, not yet, but for Tesla investors and the company itself, this is huge. The future has arrived .

In this video, I will explain why CyberCab is so important, especially for Tesla investors. What most people misunderstand and do not realize about Tesla's "Cyber Cab".

We'll have more news when we get to Waymo, and probably every week when we talk about Tesla in relation to CyberCab and self- driving taxis.

Moving on to Tesla. It started the week at 353, and it feels like you've been on a roller-coaster ride. The stock went up, then down, then up again, then down again. Tesla's stock has remained relatively stable this week.

It finished the week at 354. This comes as it did again, with that surge just before the CyberCup event, which I believe was yesterday. The headlines say the CyberCup launch didn't live up to expectations, at least from a stock market perspective.

And then there's the NHTSA, the government agency that monitors traffic on highways and the like, launching an investigation into whether this car meets safety standards, given that it does n't have brakes, a steering wheel, or anything like that .

Now, it appears to be a fully autonomous vehicle, not one of those passengerless robot taxis , but a regular car. I think it was a Model Y. Reportedly, it was operating in Full Self-Driving mode.

It was attempting a left turn, and unfortunately, someone was struck and seriously injured in the incident. It seems to still be under investigation, but it's a sad situation. Meanwhile, Tesla is highlighting its Full Self-Driving safety record, while the EU considers expanding its approval.

I think at this point, everyone can agree, or not everyone. I mean, there's always someone in my comments with " Elon syndrome, " and I'm telling you guys, if you have a problem with Elon Musk and Tesla, that's your problem.

Don't try to make it mine . I don't care if you don't like Elon Musk. I don't care if you do n't like Tesla. I really don't care. It's not my problem. I bought Tesla stock a long time ago, and I've made a substantial profit from it.

We're talking about a six-figure sum that I don't care about. That said , I think we can all agree that Full Self-Driving is probably safer than most human drivers, maybe not all, but Most of them probably will.

And we'll see what the EU decides on that. Is it perfect ? Is fully autonomous driving perfect? As someone who uses it 85% of the time, I'd say it isn't. Now, August registrations for their regular, people-driven cars, like the Model Y and Model 3, have surged in France and Denmark, but declined in Norway and Sweden.

In fact, sales in France jumped 280% and in Denmark 104%, as rising petrol prices worldwide push people to reconsider electric vehicles.

we'll start with Tesla. Can you see the weekly chart of Tesla? So, we have an average cycle length here of 26 bars. And you can see that we had this uh very bearish candle um back in July that broke through the cycle low support and found some support down here near the 100% extension level.

Tesla reverses yesterday's gains. Basically, this is what happened here. Yesterday, Elon was talking enthusiastically about all the amazing things happening at SpaceX and Tesla.

But today, the regulatory body that oversees autonomous taxis came out and said that Tesla's autonomous taxis may not work well or may not meet regulatory standards because they do not have a steering wheel.

Cybercab event yesterday. The question is how impressed were you or was it a complete nothingburger? Yeah, I think it was interesting. Um it was hard to know what to expect as far as like there's this whole media embargo, what's going on?

Um I don't understand what the deal with that was,

It's the morning after the CyberCup event that Elon Musk didn't attend, and there are some positive and negative aspects we need to assess for Tesla and CyberCup.

Most importantly, this process, which I call " edge mapping," I believe will be a crucial component for Tesla in the future. The main thing that caught my attention was the CyberCup team's repeated assertion that they do not use maps, and that they rely on a strategy based solely on sighting.

you are going to get some give back on Tesla after the um event yesterday. Uh you know although long-term I think uh uh it's uh you know there's some reasons to be optimistic.

So okay, my 2030 estimates don't really include robo taxi. I see it as a bonus. Um, but I will say it's way too aggressive to say forget about it. This is my icing on the cake thesis.

Okay, so I call robo taxis icing on the cake. I underwrite Tesla as if robo taxis just don't work. That this is a great consumer car that people buy and they get full self-driving with and they freaking love it and we just get back to selling more Teslas.

Tesla shares are slowing down today following the launch of the much-hyped CyberCube event featuring a car without brakes and without a steering wheel. The company did not broadcast the event live as it had done with previous dazzling shows such as "Cyber Truck".

Tesla has now registered approximately 48 Cyber Cab vehicles in Texas, although a federal filing estimates production at around 1,000 of them.

Tesla, as you know, had its big announcement yesterday, the "CyberCup" announcement. The stock rose sharply and then fell again today. So again, as I've been saying for the past few weeks, there aren't many reasons to buy it.

There aren't many reasons to sell it. It is only in a state of slow and gradual ascent. It is trying to determine whether it wants to stay above or below the 50-day moving average.

Staying above the 50-day moving average is great. Staying below the 50-day average is not very good. At the moment he is somewhat below, but again, he doesn't really know which direction he wants.

You want to see an arrow that shows some leadership, and demonstrates a clear direction. We all think Tesla is a great company, at least I do. Simply put, you should buy the company's shares at the right time, you know, when it's on an upward trajectory.

This is a buy trade, and it is also a trade that gives you maximum profit if you use a covered options strategy.