TSLA is in a strong uptrend with high relative strength, breaking through resistance levels.

Space Exploration Technology Company or SpaceX, ticker SPCX, and Tesla, ticker TSLA. Their CEO Elon Musk thinks that the US advances in artificial intelligence and robotics would help the country widen the wealth gap with Europe.

Massive investments in AI and robotics were further illustrated by Musk's Starbase in Louisiana, which could result in the Optimus becoming the first ever van machine. He also said that the company was targeting 1 gawatt of solar power deployments.

The Terapab facility, which Tesla and SpaceX are breaking ground on in Grimes County, Texas, will become the world's largest building. The facility is touted to be able to produce more than one terowatt of AI compute hardware annually.

It will also be capable of turnurning out custom chips for Tesla's Cyber Cab fleet as well as Optimus and space infrastructure. However, Musk said that the facility will cater more towards SpaceX than it will for Tesla.

SpaceX, Tesla, Palo Alto, and Palunteer all up out of the gate here. All of them. I had SpaceX on the screen. Here's Palunteer. I'm also seeing Tesla call sweeps off the unusual options scanner here.

That is higher right out of the open. Bang, bang, bang.

Uh Tesla's still at the highs.

Also, Tesla is still kind of trying to push the high.

Tesla, as you can see from the options chart here, while still at the highs, we are continuing to sweep here. These are the 355s for today. So, a lot of zero DTE trading it would look like on Tesla to the upside today.

I know it was said already but Tesla that's okay. You know why? Because Tesla has made multiple legs higher here. This ripped out of the gate. It kind of slowed down here at 355.

Now it's moved to 360. If you remember from our bigger daily chart, it's not marked off on my smaller one, but on my bigger one, 350, 360, very, very key levels for Tesla. Looks like we challenged both of those here today.

But folks, look at Tesla's call sweeps. These are still the zero DTE calls. These are popping 360 362 um all over the place. Tesla zero zero DTE calls going crazy.

uh Tesla slowed down here at 360. We'll see if this is the mark of things to come or if it ends up moving higher here.

Reset your fibs. Tesla going up after some consolidation. Let's take a look at Tesla here. Nil was mentioning that uh you know every it seems like whenever this opens he notices that it goes up uh initially and then starts to leak later on and that you can trade around that.

Right now it's it's uh got this 50-day SMA that's been uh giving it some upside problems.

I mean, I know Tesla had that big move up, but that really hasn't done anything since then yet.

Tesla continues continues what? Higher or lower? Let me look here. Based on how green it is, I would maybe think higher. We're getting over that 50-day SMA.

Um, you guys are saying Tesla continues. I'll be damned. So, Tesla, this is really interesting. Tesla went right through 350, stopped, kind of consolidated right above 360. Now it looks like it's trying to go again.

Kenneth gives us 373 as the next spot. Tesla relative strength very very excuse me, very very high against the rest of the market here.

Well, what's great about 373 is that's where the gap fills. >> Holy. >> So I I completely agree. Gap fills up at that 373 area. Um this is from the drop on uh July 22nd to the 23rd.

Uh that gap down has not been filled since then. And if we do uh climb up towards that uh 373, you have a gap fill.

Tesla, more zero DTE calls going off. These have been sweeping all morning. Tesla's taking another leg higher here. Guys, this has been incredible. I I not one of our movers, but one of the best movers of the day on the back of all that uh zero DTE activity as well.

>> This is interesting. Do you see the most recent headline uh for Tesla? We just talked about GE Vernova. There's a very interesting uh article about how about about how u you know SpaceX is uh building a foundry in Bassrop to cast blades and veins for industrial gas turbines.