Nasdaq remains cautiously bullish as the Magnificent 7 enter earnings season. Tesla reported record quarterly revenue of $28.09B, up 12% year-on-year, alongside record free cash flow of $4B. Energy storage deployment rose 81% YoY, offsetting weakness in vehicle margins. Tesla’s operational focus appears improved following Elon Musk’s political exit earlier this year, restoring investor confidence in management execution.
Key Levels: Support at 24,221.3 | Resistance at 24,998.0
Investor Takeaway: RSI at 50 trending sideways-up; flat MACD buying pressures suggest accumulation near support as earnings season volatility continues.