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How To Trade Tesla's Weakness Ahead Of Wednesday's Earnings
TSLATesla(TSLA) Benzinga·2024-10-22 18:58

Electric-vehicle giant and stock market darling Tesla Inc. reports earnings tomorrow after markets close, and for once, traders don’t seem excited by the prospect at all.Tesla earnings are almost always preceded by a pre-earnings surge in buying. This time, TSLA shares are down.The reason is the hyped Robo-Taxi event that the company held on October 10. Far from rekindling investor excitement in the company and its plans for fully automated cars, the event was met with widespread disappointment.This change ...