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$Tesla Motors(TSLA)$ 2.53% bounce to USD 378.93 on Tuesday was certainly a welcome relief for Tesla bulls. But it sets up a highly explosive "buy the rumour, sell the news" dynamic for Wednesday's market open.
The intraday jump was fueled by Tesla expanding its Cybercab robotaxi service to Tampa and Orlando.
While this news pumped short term optimism, it also means the stock has less padding if the financial data misses targets tonight.
I believe that Tesla will close Green post earnings as I am cautiously optimistic on the stock.
Elon Musk is famous for pulling rabbits out of hats. He may do it again in the upcoming conference call as he can change the tone for tomorrow's trading if he unveils a few massive hype triggers.
When it comes to predicting Tesla's closing price tonight, expect the unexpected to happen.
@Tiger_Earnings @Tiger_comments @Tiger_SG @TigerStars
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