TSLA

stock has been a disaster 7 has been a disaster besides Apple's been pretty good you Apple um went as high as what yesterday went as high as 22 328ish. But, um, even like something like Tesla, they want to get you out of rhythm.

Tesla had a a really big day. If you would have went longer, like added thinking there's momentum, you know, all of a sudden they tried to throw you out of rhythm by having two inside days.

To me Tesla is real world AI. It's different and Tesla real world AI has no competition. I think there's a lot of people who think that the large language models are going to like be successful in real world AI.

And I think people don't really grasp how hard real world AI is.

Think about this. When you ask any of your AI is a question, it usually takes at least a second to respond. And if you, you know, Tesla's car is responding in milliseconds. It's getting a huge volume of data coming in, seven cameras, maybe some other sensors, and it's making decisions like constantly making decisions in 15, 20, 30 milliseconds. And none of the LLMs can do that.

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.

It's got a pretty impressive pedigree in terms of its technical aspects. Whether it's the no rare earth metals that are in the 219 horsepower motor or the 48 kWh battery that can apparently deliver over 400 miles of range, which is incredibly efficient uh range level for that small of a battery.

And you know, there's no uh brake traditional brake system. It doesn't have any brake lines or hydraulic fluid. It's all being done through uh electric motors and switches right at each wheel.

Tesla. This is a picture perfect. Now, I know people are frustrated with Tesla and they expect it to be on the moon, but if you go back in history, it's such a volatile beast. It's a great one to play with and stack and they're on the cusp of greatness.

Everybody around the world is now talking about cyber cabs and everyone in the world wants cyber capabs, especially places that don't have adequate transportation at a good price.

This is the whole part of the whole abundance thing. You'll be able to shuttle people around for 20 cents a mile, which is like a fraction of what it would cost an Uber or Whimo or a lift or a traditional taxi.

Here, Jean Monster is predicting that Tesla's stock rally amid the NT uh NHTSA cyber cab probe. He calls it a speed bump for Elon Musk.

Gene Mudster here saying that this is could actually cause the stock to rally. investor Gene Monster of Deep Water Asset Management thinks that Tesla, ticker TSLA, their shares could rally after the National Highway Traffic Safety Administration, or NHTSA, announced it was probing the Elon Musk EV makers plan to deploy 1,000 units of the cyber cab in Austin.

we'll start with Tesla. Can you see the weekly chart of Tesla? So, we have an average cycle length here of 26 bars. And you can see that we had this uh very bearish candle um back in July that broke through the cycle low support and found some support down here near the 100% extension level.

Well, that would have been very early for a low. It's almost midcycle there. And so, we created this uh resistance zone using that high and that low. And this week it got up uh into the upper resistance zone there and we're getting a strong rejection from that level.

So expecting a cycle trough to form sometime between September 28th and November 6th. There's the earnings date somewhere in that time period as well. So we'll see what happens with that.

But we do have a momentum shift uh with the reversal scout here based on this move up into the resistance zone. But uh we'll likely get some chop uh choppy action lower now um based on the timing window and also this rejection.

We'll have more news when we get to Waymo, and probably every week when we talk about Tesla in relation to CyberCab and self- driving taxis.

Moving on to Tesla. It started the week at 353, and it feels like you've been on a roller-coaster ride. The stock went up, then down, then up again, then down again. Tesla's stock has remained relatively stable this week.

It finished the week at 354. This comes as it did again, with that surge just before the CyberCup event, which I believe was yesterday. The headlines say the CyberCup launch didn't live up to expectations, at least from a stock market perspective.

And then there's the NHTSA, the government agency that monitors traffic on highways and the like, launching an investigation into whether this car meets safety standards, given that it does n't have brakes, a steering wheel, or anything like that .

Now, it appears to be a fully autonomous vehicle, not one of those passengerless robot taxis , but a regular car. I think it was a Model Y. Reportedly, it was operating in Full Self-Driving mode.

It was attempting a left turn, and unfortunately, someone was struck and seriously injured in the incident. It seems to still be under investigation, but it's a sad situation. Meanwhile, Tesla is highlighting its Full Self-Driving safety record, while the EU considers expanding its approval.

I think at this point, everyone can agree, or not everyone. I mean, there's always someone in my comments with " Elon syndrome, " and I'm telling you guys, if you have a problem with Elon Musk and Tesla, that's your problem.

Don't try to make it mine . I don't care if you don't like Elon Musk. I don't care if you do n't like Tesla. I really don't care. It's not my problem. I bought Tesla stock a long time ago, and I've made a substantial profit from it.

We're talking about a six-figure sum that I don't care about. That said , I think we can all agree that Full Self-Driving is probably safer than most human drivers, maybe not all, but Most of them probably will.

And we'll see what the EU decides on that. Is it perfect ? Is fully autonomous driving perfect? As someone who uses it 85% of the time, I'd say it isn't. Now, August registrations for their regular, people-driven cars, like the Model Y and Model 3, have surged in France and Denmark, but declined in Norway and Sweden.

In fact, sales in France jumped 280% and in Denmark 104%, as rising petrol prices worldwide push people to reconsider electric vehicles.

Tesla, as you know, had its big announcement yesterday, the "CyberCup" announcement. The stock rose sharply and then fell again today. So again, as I've been saying for the past few weeks, there aren't many reasons to buy it.

There aren't many reasons to sell it. It is only in a state of slow and gradual ascent. It is trying to determine whether it wants to stay above or below the 50-day moving average.

Staying above the 50-day moving average is great. Staying below the 50-day average is not very good. At the moment he is somewhat below, but again, he doesn't really know which direction he wants.

You want to see an arrow that shows some leadership, and demonstrates a clear direction. We all think Tesla is a great company, at least I do. Simply put, you should buy the company's shares at the right time, you know, when it's on an upward trajectory.

This is a buy trade, and it is also a trade that gives you maximum profit if you use a covered options strategy.