Tesla crushes delivery numbers — ride the momentum while the stock recovers from
Thesis
Tesla reported 480,126 deliveries for Q2 2026, well above what even the most bullish analysts projected. This is a pivotal moment because Tesla had been suffering from consecutive annual sales declines tied to backlash against Elon Musk. The blowout delivery number breaks that negative streak and likely forces skeptical analysts to upgrade their outlooks. When a stock that's been beaten down suddenly produces a positive surprise, the combination of short covering and new buyer interest can produce a sharp multi-day rally.
Strategy approach
Build a breakout-momentum strategy on TSLA (D1). Entry: long if today's close is > 5% above the prior day's close AND volume is > 150% of the 20-day average. Exit: after 10 trading days OR if price closes below the 10-day simple moving average. Use a 7% stop loss.