TESLA (TSLA)
EARNINGS RELEASE - SEPTEMBER 16 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .26/share REV: 524.8/M
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NEXT QTR: EPS: .49/share REV: 568.5/M
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FULL YR: EPS: 1.79/share REV: 2,250/M
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LAST QTR: EPS: -.10/share ACTUAL: .11/share (BEAT)
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BEAT/MISS RECORD: 80% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -10.3, 23.68, 18.29
EXPECTED JUMP MOVE THIS QUARTER: 10+%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Tesla held to its forecast for full-year sales volumes of 1.8 million following a weaker-than-expected third quarter update.
Tesla’s third-quarter deliveries miss analysts’ estimates, Rivian’s deliveries top forecasts, and Discover reaches a consent order with the FDIC that doesn’t include fines or penalties.
**↘️** [**Tesla (TSLA)**](https://www.wsj.com/market-data/quotes/TSLA): The car maker’s shares slipped 0.4% in afternoon trading after it reported vehicle sales that [fell quarter-over-quarter](https://www.
Elon Musk’s company delivered 435,059 cars in the third quarter. Wall Street had expected closer to 455,000.
The EV market, at least in the U.S., is still the playground of Tesla Inc (NASDAQ: TSLA) with other automakers playing by the EV king’s rules. Yet, Tesla is basically selling only four EVs with the eagerly anticipated Cybertruck yet to have its debut by the end of the year. Although Tesla sold the most EVs in the U.S. from January to June, by far, the competitive landscape is bound to change at some point. With 2024 Honda Prologue, Honda Motor Co (NYSE: HMC) is getting back in the EV game with t
StockJumpers analysis and trade plans are finalized and uploaded generally one house before market cloase (3PM EST) for most events unless noticed.
ANALYSIS:
Price is up 7% from open with investors feeling this will be a positive release. We will be posting analysis at 1pm EST today on this trade.
We are biased long on this event, though concerned the move may be priced in.
UPDATE: We remain long and will enter prior to close.
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OUR TRADE PLAN:
ENTRY: BUY
STOP LOSS: N/A
INITIAL PROFIT TARGET: 8%
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TRADE ASSIST: N/A
POST RELEASE ACTION:
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Members who are too busy to manual trade can use Trade Assist. For more information visit here
Avg Daily Volume: 679,937 Market Cap: 1.42B
Sector: Consumer Goods Short Interest: 4.38
Ticker delayed 20 minutes
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