To The Moon

Oracle shares rose 4% on Wednesday as analysts at Deutsche Bank and HSBC defended the stock following a sharp pullback and mounting investor concerns around the cost and uncertainty of artificial...

US stocks extended losses. Nasdaq futures extended decline, down 0.9%; S&P 500 futures down 0.7%.Big tech stocks fell in overnight trading. Micron fell 4%; AMD fell 3%; Broadcom, Tesla, TSMC, Oracle fell 2%; Nvidia, Alphabet, Apple fell 1%.

Tesla Stock up 1% After Trump Says I Like Tesla, Like Other EV Companies Too and Legislation Will Kill EV Mandate, Nothing to Do in Court

CORRECTED-UPDATE 1-Musk says he'll resume working '24/7' at his companies, X outage mostly restoredFixes outage numbers in paragraph 2

Let's dive in.Our Tesla FrameworkIn case you missed our earlier articles on TSLA, here's a quick summary of how we see the stock. Normally, we'd skip writing a section like this, but TSLA is a very volatile, speculative bet, and many investors look at the financials and see entirely different things. Thus, we think it's necessary, first, to establish how we think about the company.In short, we see TSLA as an advanced manufacturing firm, mostly producing cars. Sure, TSLA also manufactures batteri