Tesla oh Tesla

Tesla drops its Q3 earnings this Wednesday, October 18. Before each quarter Tesla releases its vehicle delivery and production. This quarter is no different except they failed to continue their streak of breaking their previous delivery record. In addition, talks of constant price cuts to fabricate profit numbers have also been exposed. Most analysts are projecting a dip in the stock and rebound in Q4. The past 5 days have seen a 2.5% dip in stock price. Even good ol Reddit has come inside scoop on factories shutting down temporarily due to upgrades. The last two earnings have dropped Tesla 9.7% and 9.8%. All conventionality says to short Tesla. I am conflicted I have a gut feeling Tesla is gonna shock the Markets and gonna go bullish. 99% of winning in the stock market is emotions, right?

I don’t know if I am gonna short or buy stocks of Tesla just yet. I’m unconvinced by all the news. Usually when something is too good to be true that is the case.

You will find out in Winners or Quitters if I made the trade or not.