Tesla stock price on July 22, 2024, before Q2 earnings report

Can Tesla still be bought before the Q2 earnings report at $250?

Many people have such doubts, especially those who cleverly avoided the continuous surge before last Friday.

Of course, there are also many people who bet on the earnings report. If they bet that the earnings report is good and will rise, they will increase their long positions; otherwise, they will increase their short positions. After the earnings report comes out, they will celebrate with champagne or admit defeat. Betting on earnings reports is a typical speculative behavior, which takes a short time and has quick results, so it is sought after by many people. However, please do it within your means.

Whether Tesla stock can still be bought around $250 depends mainly on how you view the present and future of Tesla as a company. In fact, it is difficult to accurately judge the short-term stock price trend, and We are not good at short-term stock price prediction.

If you ask me about the trend of Tesla’s stock price in the next 1, 3, or 5 years, it is relatively simple for me who has been heavily invested in Tesla stocks for 8 years. Obviously, I am optimistic about the future of Tesla and believe that Tesla’s stock price still has a lot of room for growth.