TSLA Earnings trade.... thoughts?

[KCalhoun]

tsla drops, im buying spxs uvxy ah

 

[vanzandt]

That report looks pretty decent to me.
Stock's trading down a bit, I think it heads up.
It was a good report.

 

[KCalhoun]

all that matters is price action

if tsla keeps dropping and if spoos red later, im buying inverses SPXS UVXY etc

 

[vanzandt]

all that matters is price action

if tsla keeps dropping and if spoos red later, im buying inverses SPXS UVXY etc

I bet $715 is the bottom.

 

[vanzandt]

I bet $715 is the bottom.

Called that one to the minute lol.
No idea if it will hold tomorrow though.

Long term however, if I've said it once.....
.... blah blah blah
But don't bet against Elon.
The cat's a time traveler.

 

[Beejjeboi]

Teslas move into Bitocoin is massive. They sold to prove liquidity to investors which worked well. Musk and he CFO both say the comapny is going to keep BTC on their balance sheet as a cash equivalent. I think this is massive news IMO https://prophet-invest.com/teslas-massive-gamble-on-bitcoin-earnings-surprise