And then the last one, plenty, is Tesla. Now, for Tesla, it's a little bit different. We're at a very nice and steady uptrend, right? Really nice and steady uptrend. So, what does that mean?
Right, where but do you do we go long? The other ones were long. Well, in this case, I'm looking potentially, right? Potentially at a short position.
And I do believe because of those innovations in AI, we're going to get, um, it It's going to even accelerate the adoption and some of the use cases of these autonomous solutions.
So, the first company I'm going to pick is going to be one that's typically very um you you get both sides of the story on this one, right? It's very conflicting to some, and that's going to be Tesla.
Some amazing news today from Tesla. 1st of October, the new Tesla Roadster will launch in more ways than one. The official Tesla account today posting the caption "and go for launch", the teaser image, and the official date.
If you head to tesla.com/roadster, you can see a countdown, 18 days, 20 hours, 11 minutes, and 33 seconds as I'm recording this.
Final stock, Tesla. Tesla buy signal came through on August 24th. Pushing up, pushing up, pushing up. Now, it looks like it may have gone down on the fear and greed on Friday, but look at how fearful it was over here.
And you can see that change in direction as the price was starting to move up. Buy signal came through and now starting to change direction.
Um Tesla is right up against this prior bigger band of support in here and you've got the year-to- date anchor. It may continue to move up to there. I'd still rather see it pull back down to the anchor off of this low and you know, build some energy first.
When I first started making content about Tesla on YouTube in late 2019, what was Tesla's market cap at the time? Tesla was worth around $60 billion.
Today, we've learned the Boring Company is valued at more than a third of what Tesla was back in late 2019 when I started pounding the table going, "Ah, guys, I don't think everyone's quite understanding what Tesla's going to do."
SPY are up a little bit. Meta's up a little bit. So anyway, um yesterday, if you guys, you know, did the day trades, some of the day trades, remember I'm like, "Guys, Tesla's down three or four points after a nice day.
You could buy it." And it went from down three points to up six points in four minutes right there. That's how I used to make, you know, a lot of my money is finding something that was strong opening down at the futures you could buy because yesterday, the future's down 30 and it did it and then it kind of fizzled out.
So Tesla still is trying to prove it's more than, you know, just uh just a range trade, you know. So it turned into a little bit of a red dog reversal, but you could have bought it down three, traded through 370, went to uh 375 and kind of got rejected or or failed if you want to say failed.
Um so now some people like, "Hey Red Dog, is this a lower high? Is this it?" You know, from 297 to 384 rejected into the 200 day. I'm like, "I don't know. Today's gonna be an interesting day because um it's down a little bit, right?
Tesla's down a little bit. Down a $160 now. I would say it's got to kind of pack and fill. If you're still in it, you could raise your stop to um 355. So, if this is going to be any good, okay, go like this.
This is 355. If it's going to continue to, you know, frustrate and build, frustrate and build and continue to go, I would say this three, this has to hold, you know, and just like a meta, there was definitely some ways to make tactical money, but this is a choppy mess.
If you bought Tesla, you know, a year ago, I was actually sitting next to a Navy Seal yesterday. I was sitting next to a Navy Seal. He has three stocks and he's down on all of them.
And he's like, I just don't I can only understand the stock market. I was I was in the Marines for 10 years. I was in Afghanistan. I was in Iraq and I could understand technology and I was and survival.
Why am I still down on Tesla? I'm like, well, if you want, I could coach you a little bit, you know?
Here are the boys on the Moonshots podcast talking in more detail about Tesla's Cyber Cab. Remember, Tesla was originally teasing that it was going to launch a Model 2, which was going to be their highly coveted $25,000 car. That never happened.
Now, to be clear, Tesla themselves never used the name Model 2. This was a bunch of Tesla fanboys coming up with the idea, and this was surely on the cards initially.
