Tesla's Earnings Might Be the Least Interesting Thing on the Call

Tesla reports October 21st, and the earnings might be the least interesting thing on the call. The options price about a 7.5% expected move for the week, roughly 25% richer than the average of the last four quarters, and Tesla has fallen on its last three reports. The bigger questions: the SpaceX merger and the Roadster. Mike Butler runs the math: the Roadster is noise for now, and the merger isn't being priced, SpaceX buying Tesla at two to three trillion just doesn't add up. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Earnings might be the boring part 00:19 Wall Street expects shrinking earnings 00:35 The Roadster reveal, no price, 2028 01:02 The SpaceX merger question 01:28 Tesla fell on its last three reports 01:38 A 7.5% expected move for the week 01:50 25% richer than recent history 02:20 Why it's priced a plot twist 04:48 The merger math doesn't work 06:58 What the options actually see #tastylive #mathcheck #tesla #earnings #expectedmove #spacex #roadster #optionsmath #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.