Should You Buy Tesla Stock Before July 2?
Key takeaways
- TSLA NVDA Despite positive returns across all major U.S. stock market indexes this year, Tesla (NASDAQ: TSLA) has suffered an 8% decline.
- That s why July 2 could be a very important date for the stock.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
TSLA NVDA Despite positive returns across all major U.S. stock market indexes this year, Tesla (NASDAQ: TSLA) has suffered an 8% decline. The company is coming off two consecutive years of falling electric-vehicle (EV) sales, which is weighing on sentiment.
That s why July 2 could be a very important date for the stock. It s when Tesla will report its EV deliveries for the second quarter of 2026 (ended June 30), and Wall Street is looking for a number in the ballpark of 400,000 cars. If the company meets that estimate, it would mark the second straight quarter of growth, which could suggest sales are finally turning around.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »