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Tesla: Where Inner Circle Sees Opportunity

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Tesla (TSLA) reported bleak second-quarter results this week with auto revenue and margins continuing to shrink.

Here's how results compared to estimates:

  • Adjusted EPS: $0.52 vs $0.62 expected
  • Auto revenue: $19.9 billion, -7% annually
  • Adjusted operating margin: 14.4% vs 18.7% a year ago

The Inner Circle team shared their thoughts on the stock post-earnings:

TSLA got beat up post-earnings with a huge gap lower:


*chart as of 4:00pm ET July 24, 2024

Kira Turner believes this is a more speculative play than ever before while Rick March says it's just a trade, not an investment.

David Prince says it's all about the future and whether you believe in Elon.

Even if it's no longer an investment for this team, you can bet they will take a trade if one presents itself.

Apply for the Inner Circle  so you don't miss their next TSLA trade!

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