April 2nd Stock Market Update Tesla deliveries drop 8.5% from a year ago

$SHEL $MPC

Mukund Mohan
April 02, 2024

“Tesla delivered 386K vehicles -8.5% YoY vs 457K estimated for Q1 2024. This was the first drop in deliveries since 2020” 😐️ 🤔

As of this writing, all indices are down significantly over 1% and many near 21 day MA

Earnings week begins next week, and I expect we will have good earnings, but the market has run up quite a bit, so this is a much needed pullback.

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Technology stocks led by Tesla, Google and Broadcom headed lower

The Dow components, led by United Health $UNH Intel $INTC and Cisco $CSCO all went lower.

$GS Goldman Sachs Group Inc Deep Dive and 2024 Outlook

The stock is back to its All time highs on the news of good earnings and lower interest rates

stocksmarts.substack.com/p/gs-goldman-sachs-group-inc-deep-dive

Today’s video is on Chipotle Mexican Grill $CMG a fast food restaurant chain.

Today’s write up is on QuantumScape, a battery technology company. Avoid it for now, unless you are in for the VERY long term - 3-5 years horizon.

QuantumScape Corporation $QS Deep Dive – Investment Literacy Coach

The battery innovator

blog.mukundmohan.online/index.php/2024/04/02/quantumscape-corporation-qs-deep-dive

$SHEL will get to $75 even in this market easily

$MPC will get to $225 by 2-3 weeks - strong momentum in energy