Hey y’all,
Tomorrow is a BIG day in the markets in my opinion… let me tell you why.
After the markets close, we’re going to get Tesla’s (TSLA) quarterly earnings report.
As everyone knows, Tesla is one of the most widely discussed stocks in the stock market right now, and there’s plenty of reason why.
After the election, the stock skyrocketed on CEO Elon Musk’s friendship with then-incoming President Donald Trump.
Since it reached highs shortly before the new year, though, it has been a sinking stone, giving away all the gains from after the election and then some.
Why?
Well, Elon’s prominence in the administration hasn’t been great for Tesla’s image.
And despite the fact that Tesla leads the way in manufacturing cars inside the United States, the uncertainty of the tariff war is hitting all automakers hard.
It hasn’t been a good image year for the brand.
And I think their earnings call tomorrow will play a HUGE role in potentially either redeeming their image or doing further damage.
But I believe the implications extend beyond just this one company.
Tesla has a foot in the automaker/manufacturer world and a foot in the tech world. Its stock has a significant impact on both sectors.
And those two sectors are (arguably) the hardest-hit by potential tariff ramifications.
I think people will be watching Tesla’s earnings closely not so much for what they did last quarter but for their guidance going forward.
If TSLA is able to paint a rosy picture about re-shoring more of their parts and staying competitive despite new trade challenges, it might be able to calm market fears a bit heading into a busy earnings season.
But if their forecast is doom and gloom — well, look out below is all I can say.
It makes tomorrow’s close a pivotal moment in the markets… and potentially a HUGE trading opportunity!
That’s why I’ve asked six experts to sit with me LIVE for a new Roundtable session where we’ll discuss (and trade) it all together!
I hope you’ll join us there, but we’re expecting a full room!
Please RSVP here if you want to make sure we save you a seat
To your prosperity,
Stephen Ground
Editor-in-Chief, ProsperityPub
P.S. In the meantime, Geof Smith has been playing gold’s supercycle like a fiddle. And he’s ready for the next leg of it. Get more details right here!
