Tesla's future price movement is contingent on the specifics of the upcoming robo taxi event and its announced rollout scale.

I'm seeing a lot of Tesla and SpaceX calls here. Both of those stocks are trading higher right off the opening print. good move Tesla.

Tesla is just continuing to rip.

Tesla with some upper shadows. Uh we could get the price to come back in, maybe trade under VWAP. So, just uh keep that in mind here as this these wicks start appearing. Still want to see what happens with the next candle, though.

Looking like looks it's looking like sellers are starting to step in here.

Tesla's still printing new highs. Looking for 375. Let me look at a longer uh time frame of the chart on that one. This is uh obviously some excitement uh of the uh I think the event is today, right? For the robo taxi.

Uh for um Tesla that uh that robo taxi announcement or or presentation I think is happening today, right? Uh that I don't know off the top of my head. Let me see if I can find out.

Because I think that's been this this whole what this whole runup's been about is in the leadup to this. So depending on how that goes, I think it's going to determine whether this continues higher or goes lower.

Um and what I mean by how that goes is, you know, I think they're going to discuss the the the features and the roll out. And I think that's the big thing that I'd be focused on is what's going to be this initial roll out.

It's going to be like a handful of vehicles or is it going to be like, you know, 20, 50, 100 vehicles that are going to roll out immediately? Um, I think that's that's what I'd be.

Thank you. Thank you. Yes, it is. N, thank you. It is after the market close today. Okay. Wow. Okay. So, we'll have something to talk about in uh uh not only in happy hour, but during the draft.

I'm going to be talking about football during the draft. I don't know about you. Uh, okay. Tesla, thank you guys. Tesla not a selling event yet. Um, well, that cyber taxi or robo taxi or whatever it is, I I think is the results of that is going to be uh see I don't I don't think it's necessarily a solid event.

It's really just depends on what gets said in that event. So, I guess I agree. It's not a selling event. I'll even throw the yet in there. I just think that it's it's really depends on what is, you know, announced, what is presented and what their plan for the roll out is.

I I really think it all it comes down to is what said in this event.

And Tesla's still ripping. Tesla, by the way, uh seeing some more calls. Calls, huh? Mhm. Oh, wow. So, here's a big one. 372 trader bought the 372 and a halfs that expire September.

Bought 590 contracts. Spent just shy of a million bucks on that.

Wow, Tesla is just ripping right now. I got to get an idea of where this this there there's some uh there's a level up at about uh 385 that that uh Tesla could go to. I think I'd like it a little bit better at 388, but there there is some resistance that we're coming up to. Um the next upside levels

Tesla coming in,

almost hit uh 380 in uh well, not almost, but we did come up to some uh of the resistance we were looking at here with Tesla. Um pretty pretty close to 380, but not exactly. Now we're now we're really getting uh some selling pressure here.

Tesla trying to recapture its VWAP.

Uh looks like Tesla uh turned around, recaptured VWAP. So, I think maybe we're going to see a potential test of 380

Tesla trying to push up to the session highs.

but Tesla, that's that's been the that's been the mover here for for me this morning.

Uh lots of stuff really coming in, but uh Tesla still wants that uh 380 print.

>> Tesla hitting 380 and just popped through it.

But yeah, Tesla just popped over uh 380. It uh it's it's back underneath it for now. so we're we're still trying to uh get back above 380 here. And and that's you know, I think one of the other levels that I was mentioning was uh 388 and then after that we have the 200 day SMA which is just uh you know about 50 cents shy of 400.

I don't know that we'll get all that but um next resistance is going to be that uh 388 area for me.