🚗 Tesla New Model in October — Bullish on Rebound?
Tesla's October reveal could mark a turning point — not just for the company, but for market psychology. The stock's been trapped in a consolidation channel, with investors torn between faith in Musk's innovation and fatigue from delivery misses.
This new model reveal isn't just about aesthetics. If Tesla announces a cost-efficient Gen-3 platform or a breakthrough in production scalability, it directly tackles the margin compression that's been haunting Q2 and Q3 numbers. Lower cost per unit = restored profitability narrative. That's what could drive a $480–$520 breakout zone.
However, if it's another cosmetic refresh or delayed roadmap, traders will fade the news. 'Buy the rumor, sell the reveal' is classic Tesla price action. Expect a temporary dip toward $420 support before institutional bids return.
Macro tailwinds also help — if the Fed minutes confirm a dovish stance this week, growth stocks like Tesla get a double boost.
Sentiment is quietly shifting bullish again — short interest is thinning, and volume accumulation hints that smart money is re-entering.
The story's simple: Tesla isn't done innovating; the market just stopped listening. This October could change that narrative again.
I'm not a financial advisor. Trade wisely, Comrades! ⚡
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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Valerie Archibald·10-10Looks like that TSLA now has enough down days, and should go up again. Telsa has a lot of fronts to fight with competitors, and for each of them, Tesla has strong advantages over rivals.1Report
- Enid Bertha·10-10Support held pretty nicely tomorrow will crack 4401Report
- fluffzo·10-08Exciting journey1Report