The Long Investor

$TSLA TOP 20 UPDATE

Added 2023-07-19 09:24:23 +0000 UTC

$TSLA has its earnings report out after the market closes today.

This is a big report, because the price action is showing a large run up, very aggressively and approaching the last trend line defence between $298-$300.

This has barely let off any steam since the end of April.

$TSLA do have a habit of always delivering on production numbers and earnings so I expect more of the same but the devil will be in the detail.....especially on margins, which have been reducing as the price war heats up.

Will the market say enough is enough now? everything is factored in and this need to reduce now, maybe so.

But it is hard to bet against $TSLA, they constantly bounce back.....but there is no denying that the price action is causing some concern here, at such an important point.