The week after: How has Tesla performed since Q2 earnings?

Tesla (NASDAQ:TSLA) reported earnings exactly a week ago, with the stock sliding 4.1% since its quarterly results. However, a recovery has taken place over the past five sessions, with TSLA retaking the $320 level after briefly falling to near $300. See CEO Elon Musk’s growth strategy here and check out recent share movement below:

SA commentary: “Tesla (NASDAQ:TSLA) reported a disastrous Q2 earnings report, and a couple of days after a $16.5B deal with Samsung for A16 chips used in Robotaxi and Optimus,” SA Investing Group Leader Tech Stock Pros writes in How To Judge Tesla After Q2 And 16.5B Deal? “The fundamentals all point to more bad news in Q3 for the auto business, with a deepening demand issue made worse by the loss of EV tax credits. With most bad news priced in, we see a trade in TSLA stock’s next steps. We’re betting on a reversal on Tesla edging closer to its status as an autonomous leader.”