TSLA bullish call by Michael Tyler

TSLABullunverifiable

“But yet, the stock again is down like 30 odd percent from highs. There's a disconnect there, and I think that is an opportunity.”

Thesis at the time

Bullish

The host highlights several bullish catalysts for Tesla including a Nevada autonomous vehicle network permit, a possible new 'flying roadster,' resolution of a 3-year union strike in Sweden, and heavy short covering by institutions. He argues that despite the stock being down roughly 30% from highs, the fundamentals and business developments look better than ever, creating what he sees as a buying opportunity.

Key arguments

Tesla received its autonomous vehicle network company permit in Nevada, which the host frames as a 'snowball effect' catalyst for robotaxi expansion.
Short sellers have been covering Tesla shares rapidly, with short interest as % of float declining from 2.5% to 2.4% in four days and about 12 million shares covered.
Options order flow was 71% positive today, more bullish than recent days.
Tesla resolved its nearly 3-year labor dispute with Swedish union IF Metall.
A rumored new 'flying roadster' unveiling was reported by The Information, though the host notes that outlet has historically been inaccurate on Tesla stories.

Counter-arguments acknowledged

The Information has historically not been very accurate reporting on Tesla, so the roadster rumor is unconfirmed.
Despite positive news, the stock still declined amid broader market volatility and Iran conflict nervousness.

Hedges and caveats (from the video)

INVEST AT YOUR OWN RISK AND NEVER LISTEN TO ANYTHING SAID IN THESE VIDEOS AS FINANCIAL ADVICE. BECAUSE ITS NOT.
The rumor about Tesla is neither confirmed nor denied
Economic data mentioned is survey data described as soft data that doesn't mean a whole lot
Probability assessments for Fed rate hikes are based on market pricing, not certainties