Tesla Inc (TSLA)

Is there more upside after the post-election rally? Tesla has more self-driving data than Waymo, data that could work in Musk's favour with Trump. Shares are up 85% since the vote (86% this year). Given Musk's relationship with Trump, investors will ignore PE and pay anything for Tesla shares. Also, today, Tesla saw an analyst upgrade.

Their delivery of cars could be up as much as 30% next year but take everything with a grain of salt. The relationship of Musk supporting Trump is part of investors' decision making either way.

Huge base forming for over a year, and we've broken above that. Positive development. Now back to where we were in 2022. When it breaks out, tend to go with it as long as it's rising.

Record highs were in 2021. RSI is a very short-term indicator, comparing today's price to where it's been in the last 14 days; right now, pretty close to the top. Doing well again today, but how long can this be sustained? A very jumpy stock. Could suffer a pretty big pullback to the high $200 level very quickly, about a 20% drop. Support level at $280. Valuations are difficult. 

Be very careful. Don't place big bets, not a candidate for 10% or more of your portfolio. If you think it's going higher, you might consider buying some options, which would reduce your overall risk to some degree.

There are potential substantial tariffs on China under the new administration but he is not convinced they will carry through with them. Tariffs on China would not be good for Tesla because China would retaliate and a lot of Tesla's products are made there. Also every major car company has a slew of EV's so Tesla should trade closer to these companies, which are not great investments in themselves.

It's killing the short-sellers this week. There's probably too much euphoria here. The robotaxi is further there, not ready yet. Sell calls here, because the stock is toppy.

Thrilled with its performance lately (27.5% the past week), but it's run too far, so he will sell calls today.

Trump will reward Musk for his support, likely maybe allowing interstate self-driving cars.

After the monster move this week, you can put on a short-term hedge by selling a Nov. $280 calls and collect $12 for 3 weeks.

A way to play the green trends of renewable energy, but you probably wished you'd bought the stock yesterday.

Reports tonight. Bar is set very low on TSLA, should do pretty well when it reports next earnings. 

When they report on Oct. 23, we will hear the details of their robotaxi hear last week at the presentation which triggered a sell-off. Shares have resistance at $265-270 and support at $198-205. 

They just unveiled their much-awaited robotaxis; shares plunged over 8% today. Tesla needed to impress, because EV growth is slowing and there's more competition. When shares bottomed last April, Musk pivoted by changing the conversation to self-driving cars. Since then, shares nearly doubled. Then the showcase happened and Musk offered very few details, including financials and a timeline. Meanwhile, competitor Waymo keep moving ahead. He won't buy this or short it; don't underestimate Musk.