Warzypants
07-10 07:18

For those who think Tesla's recent slide below $400 means that some sort of catastrophic dip it coming and support levels have been breached, and that Rivian is coming for Model Y, I'd just offer the following counter-points: 1. $Tsla closed around $405 today, so no real evidence of support being breached; Tesla is a far stronger company now in mid-July than it was in December 2025 when it was hitting ATH at around $490; Rivian, though they produce nice cars, is still nowhere near Tesla in volume production or economies of scale, and are still losing money; Tesla, on the other hand, just had a bumper quarter with Q2 earnings due July 22nd. Unlike Q1, when the stock drifted lower on an absence of near term catalysts, Q3 sees an abundance of them. So sell at your peril!

Tesla Climbs 3.2% to Reclaim $400 as Miami Robotaxi Launches — Is the Self-Driving Story Back?
Tesla (TSLA) rose 3.17% today, reclaiming the key $400 level and snapping a multi-day losing streak, driven by tangible autonomous driving progress as the company's Robotaxi service officially launched in Miami, alongside Q2 delivery data reigniting debate over whether TSLA is re-anchoring to an "autonomy-first" valuation narrative. A broader tech sector rebound provided additional tailwind as $400 was recovered for a second time. With Robotaxi moving from slides to the street, is Tesla's rebound a genuine restart of the self-driving narrative — or another news-driven pulse destined to fade?
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