Part 2/10:
On the surface, record-breaking deliveries should typically bolster investor confidence and consequently push stock prices upward. However, recent activity paints a different picture. After the delivery announcement, Tesla’s stock surged briefly—reaching nearly $469 during market hours—only to sharply decline afterward, resulting in a significant drop to around $434, and finally settling near $428.
This decline, despite the positive news, may seem counterintuitive. The key to understanding this lies in the broader context of market psychology and speculative trading. Investors might have anticipated the delivery figures, which were widely expected to be high, and therefore, the price movement was perhaps driven more by expectations than by the actual news.