Tesla: Waiting for a Lower Entry Post-Earnings

3 days ago

Host

"Tesla earnings. I will give you a reason to own Tesla stock. Tesla's stock is down what 3 or 4% today. Let's see. Tesla's down 3.68%. 4hour algorithm got you in at 443. I said before this I don't trust this particular buy and I'm not buying. I have identified my range that I like in here. As it gets down closer to this range, I'll start buying. But I will give you a reason to own the stock later in the show. You don't own this for car deliveries. You don't own this for gross margins right now. You own it for one thing and that one thing will come up later in the show."

The speaker discusses Tesla (TSLA) earnings, noting a 3.68% drop and his reluctance to buy immediately. He emphasizes that he has a target range in mind and plans to start buying when the price approaches that range, highlighting that his rationale for owning Tesla is not based on operational metrics but future catalysts tied to CEO compensation and growth.

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