The Tesla Q1 financial results will finally be settled tomorrow!

4/22 (Mon) results are $142.05 (-3.40%) ⤵️

Whereas US stocks as a whole rebounded and rose, Tesla continued its downward trend. The reason behind Tesla's reduction is that the price of the Model Y, X, and S was cut by 2,000 dollars each in the US and China last weekend, and the bulk purchase price of the FSD was also reduced by about one-third from 12,000 dollars to 8,000 dollars.

Also, the visit to India, which the market had anticipated, was postponed, and the announcement of the new factory was carried over. I think this also led to disappointing sales.

Tomorrow will finally be the Q1 financial results. Since the decline in business performance is obvious, I think the focus of the market will rather be guidance (future earnings forecasts) and the presence or absence of new information announcements. Also, pay attention to Elon's mood at the announcement of his earnings. I'm praying Elon doesn't activate Devil Mode