Tesla Isn’t A Car Company

[] Tesla reported bad earnings and the stock soared. [] [] [] Tesla Isn’t A Car Company Last night, Tesla (TSLA) reported subpar first quarter earnings… Which should have sent shares plummeting. But Elon Musk is arguably one of the most skilled individuals at putting a positive spin on a bad headline. And that’s exactly what he did. Sales fell 9% from the first quarter of last year, operating profit dropped 50% from Q1 of 2023, and the company fell far short of their delivery expectations this quarter: [] We’d think that this would send shares tumbling right? Especially given notable companies have recently posted “beat and raise” earnings only to have investors sell off in droves. Elon’s Positive Spin But Elon prevented just that, and even prompted shares to skyrocket up 14% at their peak. So, I’m sure you’re wondering, what did Elon do? The ultimate pivot. Tesla isn’t a car company. Musk shared, “The way to think of Tesla is almost entirely in terms of solving autonomy and being able to turn on that autonomy for a gigantic fleet.” This follows Musk taking to X (formerly Twitter) last Friday to discuss his “robotaxi” which will be a driverless vehicle made for public transportation that will be debuted on August 8th. To put it frankly, Musk is a strategic genius and was able to prep and ward off the negative headwinds from bad earnings far ahead of time. Sweetening The Deal Tesla is also aiming to have the first iterations of its “Model 2” hit the streets by the end of this year or early next. This will be Tesla’s first “everyman’s vehicle”. Think of it like the model T of electric vehicles. It’ll have a price point below $30,000 — that’s far below the $47,388 average new car price we are seeing in the US. Tesla also shared that the new affordable models would use some aspects of the next-gen platform as well as existing vehicle platforms. This will allow them to be built on the same assembly lines as the Model 3 and Model X. Tesla is one stock we’ll want to keep our eyes on, especially ahead of that August 8th robotaxi release — as well as the Model 2 release. The affordable Model 2 could be an incredible catalyst for the stock with Elon’s mastery of strategy and ability to sway public opinion. [] To your trading success, Nate P.S. While this week is one of the most volatile and intense weeks of the entire year… and many people are taking on significant risk to handle it… I was already on the sidelines with my automated options strategy by Tuesday! Locking in another steady win even without being “right” about the trade. [See how it works here](. [] Tesla Isn’t A Car Company Last night, Tesla (TSLA) reported subpar first quarter earnings… Which should have sent shares plummeting. But Elon Musk is arguably one of the most skilled individuals at putting a positive spin on a bad headline. And that’s exactly what he did. Sales fell 9% from the first quarter of last year, operating profit dropped 50% from Q1 of 2023, and the company fell far short of their delivery expectations this quarter: [] We’d think that this would send shares tumbling right? Especially given notable companies have recently posted “beat and raise” earnings only to have investors sell off in droves. Elon’s Positive Spin But Elon prevented just that, and even prompted shares to skyrocket up 14% at their peak. So, I’m sure you’re wondering, what did Elon do? The ultimate pivot. Tesla isn’t a car company. Musk shared, “The way to think of Tesla is almost entirely in terms of solving autonomy and being able to turn on that autonomy for a gigantic fleet.” This follows Musk taking to X (formerly Twitter) last Friday to discuss his “robotaxi” which will be a driverless vehicle made for public transportation that will be debuted on August 8th. To put it frankly, Musk is a strategic genius and was able to prep and ward off the negative headwinds from bad earnings far ahead of time. Sweetening The Deal Tesla is also aiming to have the first iterations of its “Model 2” hit the streets by the end of this year or early next. This will be Tesla’s first “everyman’s vehicle”. Think of it like the model T of electric vehicles. It’ll have a price point below $30,000 — that’s far below the $47,388 average new car price we are seeing in the US. Tesla also shared that the new affordable models would use some aspects of the next-gen platform as well as existing vehicle platforms. This will allow them to be built on the same assembly lines as the Model 3 and Model X. Tesla is one stock we’ll want to keep our eyes on, especially ahead of that August 8th robotaxi release — as well as the Model 2 release. The affordable Model 2 could be an incredible catalyst for the stock with Elon’s mastery of strategy and ability to sway public opinion. [] To your trading success, Nate P.S. While this week is one of the most volatile and intense weeks of the entire year… and many people are taking on significant risk to handle it… I was already on the sidelines with my automated options strategy by Tuesday! Locking in another steady win even without being “right” about the trade. [See how it works here](. [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](