Dude, seriously pass whatever you're smoking. Even if Tesla lost money and only sold 10 cars this entire quarter, they wouldn't go down by 75%. The only reason i'm even humoring your comment with a response is I got a good laugh from it. If that was your intention, good job, and thank you for the laugh. If you were being serious, please commit yourself to a mental hospital immediately.
I'm short TSLA but I doubt earnings report will cause a 30-50% drop..Though there will likely be a decline leading up to earnings release...mainly b/c Musk already painted a vivid picture for sales during the June 5th annual sharholder meeting. I just dont see a 30-50% drop unless it's learned Q2 expense show they are burning through cash which overly optimistic plans for expansion that profit from 21000 units sold doesnt support...I see a healthy retrace back to $90-95 from this PPS prior to July 22
You would both be incorrect. Look at EPS projections - expected to lose 16 cents. Similar to LNKD when it first hit profitability, analysts are yet to understand the growth trajectory of Tesla. For this quarter, they are far underestimating which, in turn, leads to increased shorting of the stock, and a massive short squeeze when the company easily beats expectations.
Oh, and she'll be trading in the mid $120's come earnings. You have 10 trading days to cover.