My Thoughts On Tesla Robotaxi Day
The Tesla Robotaxi day has come and gone. In this video I give my thoughts on what I thought was important.
Many focus upon the robotaxi thsmselves, something that I am not as optimistic about so some otheres. The prototype of the RoboVan is something that could have huge potential. I think this is much greater for cargo than humans.
▶️ 3Speak
0
0
0.000
All I know is I really wish I would have closed my option before the announcement, lol. I got executed at 232.50, so that drop to 217 kinda sucks, lol. Oh well, selling covered call options until it gets back to profit.
Duuuuuuuuuuuuuuuuuuuuuuude! As we spoke about 10 days ago almost all of Tesla's product launches have had an immediate selloff, and this one was pretty much guaranteed to disappoint after the Tesla Model 2 was scrapped.
Watch out for the Earnings call on Oct 23rd - Tesla is almost certainly going to miss their Q3 EPS.
I was already in the option so nothing I could do about it because that sell off happened right at open. So just going to sell covered calls back up, no biggie.
On top of it, my NVDA plays are way more than making up for it. The TSLA stocks are only a quarter of the account I am trading with, so again, I am not really worried. I am bullish on TSLA in the long run, so I'll just sell covered calls until it gets back up.
I also agree 100% to the cargo subject. Automated shipping and delivery I think is a very good market for them.
I will say that the bots were pretty freaking cool. Scares me a bit, but excited at the same time. I saw one video of someone having a conversation with it and it blew my mind.