$Tesla(TSLA.US)

Why did it exceed expectations so much, yet the stock price plummeted instead?

Typical "Buy the Rumor, Sell the Fact",

5 reasons for the sharp drop:

1. Buy the Rumor, Sell the Fact

Four consecutive days of gains +14.9%, already priced in the better-than-expected results,

2. Institutional profit-taking

30M shares traded (first 90 minutes), heavy selling by institutions,

3. Momentum exhaustion signal

06/26 +1.2% → 06/29 +8.5% → 06/30 +2.1% → 07/01 +1.1% (decreasing),

4. Technically extremely overbought

Four-day gain of $55 → RSI severely overbought,

5. Pre-market high precisely hits resistance

PMH $438.140 ≈ Open +½ATR $437.365 (precise resistance).