Syz the moment

$NVDA -7.30% $TSLA +87.78% Source: Trend

Is Tesla the new Nvidia? $NVDA $TSLA, Source: The Kobeissi Letter

Musk was responding to a post, highlighting how India counted 640 million votes in a single day.

Source: Bloomberg

Only May 9, 2013 was bigger: that's when Tesla reported its first ever quarterly profit. Elon added $26BN to his net worth. Source: Bloomberg, zerohedge

EPS: $0.72 vs $0.60 est. (beat) Revenue: $25.18B vs $25.67B est. (miss) Gross margin: 19.6% vs 16.8% est. (beat) Free Cash Flow: $2.74B vs $1.61B est. (beat) Outlook 2024: - Slight growth in vehicle deliveries - Doubling of energy storage Outlook 2025: - New vehicles start production with more affordable models leveraging current and next-gen platforms - Over 50% growth in vehicle production compared to 2023 Shares: +6.6% after hours Source: App Economy Insights, The Future Investors

Tesla has now moved $760 million BTC on Tuesday. What is Elon Musk cooking?

But was vague on crucial details as he predicted that its self-driving taxi would be available for less than $30,000. Musk said production of the robotaxis was likely to start before 2027, with the caveat that the service needed to be approved by regulators. He also unveiled a prototype for a 20-person autonomous vehicle called “the Robovan”. Since Tesla announced a “robotaxi day” on April 5, its shares have risen 45 per cent in anticipation of the unveiling. Musk has said the new electric vehicles could take the company’s valuation as high as $5tn, about seven times its current market value. Musk has repeatedly missed his own targets to roll out self-driving taxis, first promising fully autonomous rides from Los Angeles to New York by the end of 2017. In 2019, he predicted that 1mn robotaxis would be on the road by the following year. On Thursday, he said unsupervised rides using its self-driving software could be available in Texas and California from next year. Source: FT >>> https://lnkd.in/esX_w5P2