There's a strong technical support around 732, and a gap to fill at that level, so I expect that to be the target price next week, for at least a dip to that range. But like you said, FSD 10 makes me doubt my thesis. Every time I doubt the MMs power, I am punished, however... I'll probably close out of some profitable BPS for that week tomorrow and on Monday sell calls unless we decisively break out over 765.
Many think that FSD 10 if it's a great success this weekend will quickly translate to a rally next week and I'm thinking no matter how good it is it won't matter much at all.
FSD is not an obvious positive indicator like sales or revenue numbers.\
FSD is a complicated option and a successful Beta launch will take time for people to accept. IMO
The media will down play it .
Some by design others by apathy. FUD of course will counter any positive article with more stories abut Teslas crashing into police vehicles and the like.
I read an article the other day titled " Tesla crashes into house killing 2 people"
Reading the article it stated in around the third paragraph that the car was NOT on autopilot.
Yet the headline says Tesla crashes into house killing 2.
Has there ever been an article titled " Ford crashes into a house killing 2" or Chevy, BMW, Honda etc?
Never. But since it's a Tesla it makes the headline and most won't even bother with reading that it was being manually driven like any other car.
This is the actual headline on yahoo about the same story
Airborne Tesla smashes into Florida house killing two people
My feeling is that no matter how good FSD10 is it will be buried in the short run.
Just my thoughts on it. I could be wrong