$TSLA reported Q3 revenue of $28.05 billion, slightly above analysts’ expectations. However, shares faced pressure after the company lowered its 2026 capital-spending forecast to about $20 billion, raising concerns about the pace of its AI and robotics projects.
Short-term trend: Bearish and volatile.
Support: Watch the recent $365–$370 area.
Resistance: Around $385–$400.
Bullish catalyst: Robotaxi development and AI progress.
Main risk: Profitability, heavy investment, and high valuation.#TeslaSlides5%PreMarket #KOSPISinks3.52%ToLowestCloseSinceApril #ChinaSeeksToSeize61800BTC #EarningsSeason #ZcashDevelopersConfirmNovemberDateForNU7Upgrade
Short-term trend: Bearish and volatile.
Support: Watch the recent $365–$370 area.
Resistance: Around $385–$400.
Bullish catalyst: Robotaxi development and AI progress.
Main risk: Profitability, heavy investment, and high valuation.#TeslaSlides5%PreMarket #KOSPISinks3.52%ToLowestCloseSinceApril #ChinaSeeksToSeize61800BTC #EarningsSeason #ZcashDevelopersConfirmNovemberDateForNU7Upgrade