{"id":75420,"date":"2024-07-25T10:22:37","date_gmt":"2024-07-25T14:22:37","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=75420"},"modified":"2024-07-25T12:44:54","modified_gmt":"2024-07-25T16:44:54","slug":"david-prince-tesla-where-inner-circle-sees-opportunity","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2024\/07\/25\/david-prince-tesla-where-inner-circle-sees-opportunity\/","title":{"rendered":"Tesla: Where Inner Circle Sees Opportunity"},"content":{"rendered":"<p><b>Tesla <\/b>(TSLA) reported bleak second-quarter results this week with auto revenue and margins continuing to shrink.<\/p>\n<p>Here's how results compared to estimates:<\/p>\n<ul>\n<li><strong>Adjusted EPS<\/strong>: $0.52 vs $0.62 expected<\/li>\n<li><strong>Auto revenue:<\/strong> $19.9 billion, -7% annually<\/li>\n<li><strong>Adjusted operating margin:<\/strong> 14.4% vs 18.7% a year ago<\/li>\n<\/ul>\n<p>The Inner Circle team shared their thoughts on the stock post-earnings:<\/p>\n<p><iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/kfXBc-q7RoI?si=x80LOjWgVIIbagQ3\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>TSLA got beat up post-earnings with a huge gap lower:<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-75423\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-300x155.png\" alt=\"\" width=\"701\" height=\"362\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-300x155.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-1024x529.png 1024w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-150x78.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-768x397.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-1536x794.png 1536w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-2048x1058.png 2048w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-80x41.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-220x114.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-194x100.png 194w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-280x145.png 280w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-461x238.png 461w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-750x388.png 750w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-943x487.png 943w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2024\/07\/tsla-7-24-1152x595.png 1152w\" sizes=\"(max-width: 701px) 100vw, 701px\" \/><br \/>\n*chart as of 4:00pm ET July 24, 2024<\/p>\n<p>Kira Turner believes this is a more speculative play than ever before while Rick March says it's just a trade, not an investment.<\/p>\n<p>David Prince says it's all about the future and whether you believe in Elon.<\/p>\n<p>Even if it's no longer an investment for this team, you can bet they will take a trade if one presents itself.<\/p>\n<p><span style=\"font-weight: 400;\"><span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/www.t3live.com\/ic\">Apply for the Inner Circle <\/a><\/strong><\/span>\u00a0so you don't miss their next TSLA trade!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla (TSLA) reported bleak second-quarter results this week with auto revenue and margins continuing to shrink. Here&#8217;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&#8217;s just a trade, not an investment. David Prince says it&#8217;s all about the future and whether you believe in Elon. Even if it&#8217;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 \u00a0so you don&#8217;t miss their next TSLA trade!<\/p>\n","protected":false},"author":52,"featured_media":57921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[747],"tags":[],"class_list":["post-75420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-inner-circle"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/52"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=75420"}],"version-history":[{"count":4,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75420\/revisions"}],"predecessor-version":[{"id":75425,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75420\/revisions\/75425"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/57921"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=75420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=75420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=75420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}