THIS COULD CAUSE IT TO CRASH...

TL;DR

Preparing for Tesla's earnings report, focusing on delivery decline and guidance importance.

Transcript

so here are a couple things you should know before Tesla reports earnings tomorrow what's going on T Mitch Ricky with tactical Solutions here with a quick little stock market update I'm going to start sharing my screen I chose to play it safe I might end up regretting this uh but just like I tried to play it safe yesterday I tried to play it safe t... Read More

Key Insights

• 💦 Tesla's Q2 deliveries dropped due to the shutdown of the Shanghai plant, impacting production.
• 🖐️ Playing safe by reducing Tesla shares before earnings is a strategy to manage risk.
• 🏣 Focus on Tesla's guidance post-earnings, as it can impact stock performance significantly.
• 💄 Educating beginner traders on risk levels and market understanding is crucial for making informed decisions.
• 🇦🇬 Tech buds Staycation offers an opportunity to win an all-inclusive stay near Tech buds HQ.
• 👥 Subscription to learn plan profit group offers educational value and live trading sessions for traders.
• ❓ Be aware of upcoming earnings and report data to make informed decisions in the stock market.

Questions & Answers

Q: Why did Tesla's Q2 deliveries see a decline?

Tesla's deliveries decreased in Q2 due to the shutdown of their most productive Shanghai plant because of COVID restrictions in China, impacting production and wait times.

Q: What is the significance of Tesla's earnings per share and revenue expectations?

Tesla's EPS expected to be 1.91 and revenue around 16.5 billion, beating expectations is vital, but guidance is equally crucial for stock performance post-earnings.

Q: Why is playing safe with Tesla shares important for the speaker?

The speaker reduces his Tesla share position to mitigate risk and avoid potential regrets, emphasizing the importance of personal risk tolerance.

Q: How does the speaker provide support to beginner traders?

The speaker aims to educate beginner traders by highlighting key levels, risks, and providing foundational knowledge through live trading sessions and educational resources.

Summary & Key Takeaways

• The speaker, T Mitch Ricky, shares his approach to Tesla's earnings, emphasizing playing safe by reducing shares.

• Tesla's Q2 deliveries dropped due to the closure of their Shanghai plant, affecting production.

• Expectations for Tesla's earnings report include EPS of 1.91 and revenue around 16.5 billion.