$SPY $QQQ $SPX
Cautious of CHOP TODAY IF VIX KEEPS HOLDING 19, OVER 19 market can dump, Need 18.60 vix fails for any long bias, Premarket choppy action, Wait amateur Moves, if VIX breaks PDC holds look for curl, Inside Day
$TSLA (-3% AH) after missing on auto gross margins ex-reg credits (16.3% vs 18.4%) which drove huge miss in non-gaap eps ($.33 vs $.55 WS est). CapExp of $5.8B caused free cash flow to go negative -$1.1B, which was expected. On the positive side, active FSD subs of 1.48M was 16% QoQ vs 1Q (+63% annualized) and the 2Q attachement rate of FSD to North American deliveries was a record 55%. Optimus production is still scheduled to begin late-2026.
Conf call at 530ET. Investors most want to hear how quickly unsupervised autonomy without safety monitors (currently 40 TSLA vehicles vs Waymo 3,500 vehicles) can scale.
@Austen Perseverance, patience, intelligence, and business skills are a rarer combination than one would think. The greatest of the mentioned is perseverance.
@AllegedlyDrew@elonmusk Borrow? So you’re going to pay it back? Ask your neighbor or a colleague or a family member for $50. MUCH higher chance of success.
@Coolblew02 Dallas Cowboys quarterback Dak Prescott earns an average annual salary of $60 million as part of a four-year, $240 million extension. Explain to me why he needs to make so much.
@NickKnudsenUS Got a problem with it? Start an electric car business, then start a rocket business. And beat him at his own game. Then use the money to subjugate him.