$Tesla(TSLA.US)Tesla that tape tells the story — weak earnings hit, stock dumps, but buyers show up intraday. That’s not fundamentals driving price, that’s expectation vs positioning.

TSLA’s trading more like a narrative/optionality asset now (AI, robotaxi, energy), not just autos. So even bad prints don’t fully break it if the long-term story still has believers.

But that cuts both ways — if expectations get too stretched, downside can be just as fast.

@Bridge Buzz SG