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Tesla Inc. ($TSLA) Announced Price Cuts Across its Electric CarsTesla ( NASDAQ:TSLA ) recently announced sweeping price cuts across its electric vehicle (EV) lineup and Full Self-Driving (FSD) technology, signaling a strategic shift amidst mounting challenges. However, as the stock continues its downward spiral, investors are left pondering whether these aggressive pricing maneuvers will be enough to steer the company back on course. A Strategic Pivot Amidst Turbulent Times Tesla's decision to slash prices on EVs and FSD comes at a critical juncture for the company. With Elon Musk postponing a highly anticipated trip to India and reports swirling about delayed plans for a Tesla factory in the region, the EV giant finds itself navigating choppy waters both at home and abroad. The latest round of price cuts underscores Tesla's efforts to stay competitive in an increasingly crowded market while grappling with supply chain disruptions, geopolitical tensions, and regulatory scrutiny. Yet, amidst these headwinds, questions loom large about the sustainability of Tesla's growth trajectory. EV Price Wars: By reducing the entry prices of key models like the Model Y, Model S, and Model X, Tesla aims to stimulate demand and maintain its market dominance. However, with production constraints still a concern, the impact of these price cuts on profitability remains uncertain. Will lower prices be enough to offset rising costs and dwindling margins? Moreover, the decision to leave Cybertruck and Model 3 prices unchanged raises eyebrows, hinting at potential supply chain constraints or strategic prioritization. As competitors ramp up their EV offerings and governments incentivize electrification, Tesla ( NASDAQ:TSLA ) faces heightened pressure to deliver on its promises while staying ahead of the curve. FSD: A Price Cut or a Pricing Conundrum? Tesla's ( NASDAQ:TSLA ) move to reduce the price of its FSD technology reflects a broader push to democratize autonomous driving. However, the disparity between the subscription and purchase options raises questions about the company's revenue model and long-term viability. While a lower FSD price may entice more customers to opt in, the subscription model could cannibalize upfront sales and erode profitability over time. With Musk doubling down on autonomous driving as a cornerstone of Tesla's future, striking the right balance between accessibility and profitability remains a formidable challenge. Earnings Call Anticipation: Seeking Clarity Amidst Uncertainty As Tesla ( NASDAQ:TSLA ) prepares to release its quarterly earnings, all eyes are on Musk and company executives to provide clarity on the company's strategy and outlook. Amidst swirling rumors of workforce layoffs and production setbacks, investors are hungry for reassurance that Tesla can weather the storm and emerge stronger than ever. Conclusion: Tesla's pricing gamble represents a calculated bet on the company's ability to navigate the turbulent waters of the EV market. As competition heats up and external pressures mount, Tesla must tread carefully to strike the right balance between growth and sustainability. While price cuts may provide a short-term boost to demand, the long-term success of Tesla hinges on its ability to deliver on its promises, innovate in the face of adversity, and stay ahead of the curve in a rapidly evolving industry. As investors brace for Tesla's earnings call, one thing remains clear: the road ahead is fraught with challenges, but for those willing to take the journey, the rewards may be greater than ever imagined.
NASDAQ:TSLA
by DEXWireNews
Tesla Faces Headwinds as Q1 Deliveries Fall: What Lies Ahead?Tesla ( NASDAQ:TSLA ), the electric vehicle (EV) pioneer, finds itself navigating choppy waters as it reports a decline in first-quarter deliveries, sending its stock tumbling in early trading. With 386,810 deliveries, an 8.5% decrease from the same period last year, Tesla's performance has raised concerns among investors and analysts alike. The company attributes the decline in volumes to several factors, including the early phase of production ramp-up for the updated Model 3 at its Fremont factory and disruptions caused by external events such as the Red Sea conflict and an arson attack at Gigafactory Berlin. These challenges highlight the vulnerability of Tesla's global supply chain to geopolitical tensions and unforeseen incidents, underscoring the need for resilience in an increasingly complex operating environment. Moreover, reports of decreased production at Tesla's Shanghai factory raise additional questions about the company's growth trajectory. While Tesla's China-made vehicle sales remained flat year-over-year, despite a 33% increase in overall industry sales in China, the EV maker faces stiff competition from local rivals and mounting pressure to maintain its market share in the world's largest automotive market. Chinese EV brands like BYD and Nio are aggressively expanding into new markets, posing a formidable challenge to Tesla's dominance. As these competitors gain traction both at home and abroad, Tesla ( NASDAQ:TSLA ) must reassess its strategy to retain its competitive edge and sustain growth in the face of intensifying competition. The upcoming quarterly earnings report scheduled for April 23 presents a critical opportunity for Tesla ( NASDAQ:TSLA ) to reassure investors and reverse the downward trend in its stock price. Analyst opinions on Tesla's prospects remain divided, with some questioning the company's growth prospects amid mounting challenges, while others view the recent selloff as an overreaction, presenting an attractive buying opportunity for long-term investors. However, the road ahead for Tesla ( NASDAQ:TSLA ) is fraught with uncertainty, as it grapples with supply chain disruptions, geopolitical risks, and increasing competition in key markets. As the EV industry continues to evolve rapidly, Tesla must demonstrate its ability to adapt to changing dynamics and deliver on its promise of revolutionizing the automotive industry. Ultimately, Tesla's success hinges on its ability to navigate these challenges effectively and capitalize on emerging opportunities in the rapidly evolving EV landscape. While the recent downturn in stock price may dampen short-term sentiment, long-term investors may view this as a potential buying opportunity, betting on Tesla's innovative capabilities and disruptive potential to drive future growth. Technical Outlook Tesla ( NASDAQ:TSLA ) is Trading below its 200, 100 & 50-day Moving Averages (MA) respectively with a negative Relative Strength Index (RSI) of 37. indicating an oversold condition for Tesla ( NASDAQ:TSLA ) amidst market volatility.
NASDAQ:TSLAShort
by DEXWireNews
Tesla Faces Hurdles in Germany: Locals Threatens Expansion PlansTesla ( NASDAQ:TSLA ), the trailblazing electric vehicle manufacturer, finds itself embroiled in a contentious battle in Germany as local residents voted against the authorization of a crucial factory expansion in Brandenburg. The rejection casts a shadow over Tesla's ( NASDAQ:TSLA ) ambitious plans to bolster its production capabilities and underscores the challenges the company faces in navigating local sentiment and environmental concerns. The proposed expansion, aimed at Tesla's ( NASDAQ:TSLA ) battery and car assembly plant in Brandenburg, sought to carve out approximately 250 acres of forest in the rural community of Grünheide, home to fewer than 8,000 residents. This move, however, encountered staunch opposition from locals and environmentalists, who voiced apprehensions over the ecological impact of deforestation near a nature conservation area. At the heart of Tesla's ( NASDAQ:TSLA ) expansion plans lay the vision to construct a rail freight depot and storage facilities, essential components to streamline logistics and mitigate production disruptions stemming from parts shortages. The rejection of the expansion by the local populace poses a significant setback for Tesla, prompting the company to explore alternative avenues to realize its growth objectives. While the vote stands as a nonbinding verdict, its ramifications reverberate across Tesla's ( NASDAQ:TSLA ) operations, compelling the company to recalibrate its strategy and engage with stakeholders to seek a viable path forward. Local officials, cognizant of the impasse, have pledged to pursue constructive dialogue to identify mutually acceptable solutions that balance economic imperatives with environmental stewardship. The setback in Germany comes against the backdrop of broader challenges confronting Tesla, including supply chain disruptions and intensifying competition in the electric vehicle landscape. The recent temporary halt in production at the German facility, attributed to local component shortages exacerbated by external factors such as militant attacks on shipping routes, underscores the vulnerability of Tesla's global operations to geopolitical uncertainties. Despite the headwinds, Tesla ( NASDAQ:TSLA ) remains steadfast in its commitment to revolutionizing the automotive industry and accelerating the transition to sustainable transportation. The company's Berlin-Brandenburg site, boasting an annual production capacity of 375,000 Model Y vehicles, underscores its strategic significance in serving the burgeoning European market and enhancing affordability for customers through localized manufacturing. Nevertheless, Tesla's ( NASDAQ:TSLA ) market position faces mounting pressure from an increasingly crowded field of competitors vying for supremacy in the electric vehicle arena. The surge in sales of battery electric vehicles across Europe underscores the shifting dynamics of consumer preferences and underscores the imperative for Tesla to innovate and differentiate itself amidst a sea of contenders. As Tesla ( NASDAQ:TSLA ) grapples with the fallout from the setback in Germany and navigates a landscape fraught with challenges, the company's resilience and adaptability will be put to the test. Amidst uncertainties and obstacles, Tesla's ( NASDAQ:TSLA ) unwavering pursuit of its mission to accelerate the world's transition to sustainable energy serves as a beacon of hope and inspiration, underscoring the transformative potential of disruptive innovation in shaping a greener, more sustainable future for generations to come.
NASDAQ:TSLALong
by DEXWireNews
Tesla Stock: Buy, Sell, or Hold?Tesla's declining margins have given the bears some credence over the past year. Tesla (TSLA 1.93%) stock has taken quite the roller coaster ride in 2023. It has been as low as $108 and as high as $293 but currently sits at around $215 after a steady decline over the past few months. But the sentiment behind Tesla stock has also changed, as the company has changed its strategy slightly in the electric vehicle (EV) market. Previously, Tesla's margins were the best in the business, which provided shareholders with a one-two punch of strong growth and superior profits. With Tesla's change in strategy to sell its vehicles at a lower price (and thus lower margins) to secure its EV market share as the legacy automakers launch their products, some investors are rethinking their position. Tesla May Not Be Earning Its Premium Valuation Anymore Much of the argument around Tesla's stock price boils down to its valuation. It's hard to argue about Tesla's U.S. EV market share, but the question is, is the company worth nearly $700 billion when legacy automakers like Toyota, Ford, and General Motors are worth less than half of that combined? Previously, the buy side's argument of superior gross margins held some water, as no other automaker (besides premium ones like Ferrari) had nearly the level Tesla did. But with rising input costs and cutting vehicle prices, Tesla no longer holds this crown. Tesla has aspirations to be much more than an EV maker In addition to what it's already doing, Tesla also has other projects like full self-driving (FSD), robotaxis, and additional car models aimed at different audiences. On the buy side, these are mostly legitimate products that could change the world if done correctly. It's hard to value something like FSD, as how many people would adopt it and at what rate is unknown. The same goes for robotaxis or Tesla's artificial intelligence (AI) investments. While many buy-side Tesla investors prefer to think about the future, the sell-side isn't convinced any of these products will become a reality and believes that investors should consider the products Tesla has now, as there are no future guarantees. So, what do I think investors should do with Tesla stock? I'm in the middle at a "hold." While the short-term margin decline concerns me, I'm confident in Tesla's product versus the legacy automaker's and that price hikes will go over fine once interest rates decline. Additionally, I think Tesla has some promising products in the pipeline, but none are anywhere close to implementation, so they shouldn't be considered now. Tesla's stock has always been divisive, and with the bears scoring a few points in 2023, it has evened the argument a bit more. The key to Tesla's stock price lies within its gross margins, as any more decline in that metric will likely send the stock down further. On the flip side, if it improves throughout 2024, don't be surprised if Tesla knocks on the door of becoming a $1 trillion company.
NASDAQ:TSLALong
by DEXWireNews
2
Tesla's Make-it Or Break-it!Tesla is approaching a very critical spot. There are several key technicals that all speak in favour of it having topped out in January. If that's the case it automatically means that whatever we're seeing right now is the height of its distribution phase prior to rolling over for some serious price damage. Let's go through those technical clues, one by one. 1) We have a textbook primary 5-wave impulse. A normal 2nd-wave correction is a steep price correction. In Tesla's case, we saw a retracement to the 786 fib - one that found support on it with uncanny precision. Equally so, a normal 4th-wave correction is a complex time-based correction - one that typically materialises in the shape of a triangle. According to these standard rules, Tesla abides to both. 2) Whenever you draw a fibonacci retracement from the bottom of a 5-wave impulse and to the end of the 5th-wave, the bottom of the 4th-wave correction statistically aligns with the 618. And so, too, it does here. Naturally, this further speaks in favour of Tesla having topped out for this primary and secular market cycle, as in for a long time to follow. 3) The RSI is our by far best tool in determining whenever a mark-up shifts into a distribution. What happens is that the RSI goes from consistently high levels - often overbought such - to swiftly retrace down towards the green neutral 50-line, upon which it then fails to break above the upper bearish blue line (see the red cirle on the chart). This is a pivot at which the RSI and price suffer syncronised "max pain" and is equally so THE ideal spot to open short positions. 4) The price is currently nearing in on the golden 618 ratio. This is where I will begin to ladder in shorts. Yet, if the price were to slip too far into the zone, I'll release it and re-enter again at the 786. But here's the thing. IF Tesla were to break above this critical zone I will consider laddering in leveraged longs. And there are two prime reasons for that. 1) The long RSI divergence (the dotted red line) is typical 3rd-wave behaviour. This is more standard than not. By that token, it would mean that the current triangular-looking price development in fact is the real primary 4th wave, upon which we can expect a final price pump to the north. 2) A price pump above the red danger zone would mean that the weekly RSI would break the upper bearish blue line, and hence disqualify it entirely. In this sense, as long as Tesla stays within or below the red danger zone a short play is the predominantly correct move from a statistical point of view. This is likely to result in a high risk-to-reward short spot - one in which we can utilise high leverage due to the low risk. If, on the other hand, Tesla were to break above this zone, the probabilities swiftly shift from very bearish to very bullish.
NASDAQ:TSLAShort
by LongLifeTrading
3
Tesla’s 2020 Annual Meeting of Stockholders September 22, 2020Tesla’s 2020 Annual Meeting of Stockholders will be held on Tuesday, September 22, 2020, at 1:30 PM Pacific Time. Immediately following the conclusion of the 2020 Annual Meeting, we will hold our separate Battery Day event. we are now approaching to witness another Elon Musk’s other exciting invention — Tesla’s upcoming Battery Day, which has now been scheduled for September 22. As the name suggests, “Battery Day” would revolve around Tesla’s latest work on significant advancements of battery technology. As a matter of fact, Tesla has been under a lot of pressure from its investors for various reasons, and thus with this event, it would be able to share something substantial and groundbreaking for its shareholders. Mid last year, Tesla had acquired the battery technology of Maxwell for leveraging its dry electrode technology as well as to produce its own battery cells. This, in turn, has helped the company’s concept of building lithium-ion batteries. Tesla has been working on enhancing the battery technology for several years, and that has put the company way ahead of its rivals. After being postponed many a time, with this event, Tesla is expected to reveal advancements in its new battery technology as well as showcase its latest innovations with cell production. The company has been strongly focusing on expanding their market with a cost-efficient electric vehicle (EV), which makes the concept of battery extremely significant. Therefore, energy density also needs to be more for the electric vehicle to offer such capability in a small package. These advancements in battery technology have been eagerly awaited in the community of EV that are willing to leverage this for developing electric vehicles.
NASDAQ:TSLALong
by MavRich_Trading
3
Tesla Announces a Five-for-One Stock SplitTesla on Tuesday announced a five-for-one stock split effective August 31. At the close of trading on August 28, shareholders will receive five shares for every one they own Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020. Forward-Looking Statements Certain statements, including, without limitation, statements regarding the expected timing and impact of the stock dividend are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Tesla disclaims any obligation to update this information.
NASDAQ:TSLA
by MavRich_Trading
3
TESLA: Can it reach $500?Tesla is overbought both on its 1D (RSI = 76.375, MACD = 28.880, ADX = 43.174) and 1W (RSI = 76.043) technical outlooks. This however isn't by any means a bearish sign, at least not on the long term. Tesla appears to be aiming for $500 in the immediate future and in our view even higher on the long term. The reason is the convincing 1W Golden Cross that is about to be formed and the last time we had such a clear Cross was on January 21st 2020. The stock was ona bullish breakout after a Channel Down correction. The breakout initiated a rally that was supported by the 1W MA50 all the way until the November 2021 Top on the 4.5 Fibonacci extension! Tesla's 2025 target shouldn't be $500 but instead the 2.0 Fibonacci extension at $640. As long as the 1W MA50 supports, we will stay long term bullish towards that target (TP = 640.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope
3
Tesla: The New Gold in the World of Investing?Tesla is showing incredible growth at the level of Bitcoin and reminds me a lot of the structure of the leading cryptocurrency! Given the potential of Ilon Musk's company and his imminent tenure, we should not rule out “golden” times for his companies. Tesla has a great track record of building robots, developing super capacitors for its electric cars, and developing its own AI and its application in autopilot. Tesla looks like a great investment option right now, both long term and for a couple years. Horban Brothers.
NASDAQ:TSLALong
by horbanbrothers
Tesla's Bumpy Ride: Navigating Challenges Amidst a Market PlungeTesla ( NASDAQ:TSLA ), the electric vehicle pioneer, finds itself in turbulent waters as it navigates through a challenging first quarter marked by a significant decline in car deliveries. With a plunge of 27% in its stock value, Tesla ( NASDAQ:TSLA ) faces a slew of obstacles, including production issues, market softness, and legal controversies surrounding its technology and leadership. As analysts speculate on the future trajectory of the company, Tesla's ability to engineer a turnaround becomes critical amidst mounting pressure and uncertainty. Market Disappointment and Analyst Projections: Tesla's first-quarter delivery figures fell short of expectations, delivering 387,000 vehicles, down 20% from the previous quarter and missing analysts' projections by a substantial margin. With Wall Street anticipating 443,000 deliveries, the unexpected decline has sparked concerns about Tesla's growth trajectory and market demand for electric vehicles. Factors Contributing to the Plunge: Several factors contributed to Tesla's disappointing performance, including production disruptions, supply chain challenges, and the shift towards early production of the next version of its Model 3 sedan. Additionally, external factors such as Red Sea shipping disruptions and suspected arson at its Berlin factory further exacerbated the slowdown in deliveries. Higher interest rates and cooling interest in electric vehicles have also dampened sales, reflecting broader economic trends and shifting consumer preferences. Analyst Perspectives and Future Outlook: Analysts have offered mixed perspectives on Tesla's prospects. While some view the decline as a temporary setback amidst broader market forces, others express concerns about the company's ability to sustain its growth momentum. With Tesla's stock value plummeting and mounting legal challenges, including lawsuits over its Autopilot software, the road ahead remains uncertain. However, Tesla's CEO Elon Musk remains optimistic, attributing the sales issues to business cycles and positioning the company for future growth waves. Technical Outlook Tesla Inc. ( NASDAQ:TSLA ) stock is up by 1.21% in Tuesday's trading session with a moderate Relative Strength Index (RSI) of 55.93 indicating signs of a bullish resurgence from the stock. Tesla Inc. ( NASDAQ:TSLA ) stock's 3-month price chart is in a falling wedge pattern which further validates the bullish thesis of the stock.
NASDAQ:TSLALong
by DEXWireNews
Tesla Raises Prices of Model Y Cars in US by $1,000 Tesla ( NASDAQ:TSLA ) has announced a significant price increase for its Model Y lineup in the US amidst economic turbulence. The decision comes amid supply chain disruptions and inflationary pressures, indicating a strategic move by the electric vehicle giant to navigate through challenging market conditions. Price Adjustment Amid Economic Headwinds: Tesla has raised the prices of all Model Y cars in the US by $1,000, reflecting the company's proactive stance in managing its margins amidst rising costs. The move highlights the delicate balance between maintaining profitability and meeting consumer demand. Impact on Consumer Sentiment and Demand: While the price increase could deter some potential buyers, Tesla's loyal customers and high demand for its vehicles suggest that the effect on sales may be minimal. However, budget-conscious consumers may consider alternative electric vehicle options due to affordability concerns. Investor Implications and Market Response: Investors are closely monitoring Tesla's pricing strategies to assess the company's ability to navigate through the current economic landscape. The price adjustment may be viewed as a prudent measure to safeguard margins, but it also underscores the broader challenges facing the automotive industry. Strategic Decision-Making Amid Uncertainty: Tesla's decision to implement the price hike aligns with its long-term strategy of prioritizing sustainable growth and profitability. By adjusting prices in response to market dynamics, Tesla demonstrates its agility and resilience in adapting to changing economic conditions. Long-Term Outlook and Investor Confidence: Despite short-term fluctuations, Tesla's focus on innovation and its dominance in the electric vehicle market continue to inspire confidence among investors. The company's efforts to expand its product portfolio, enhance manufacturing efficiency, and advance autonomous driving technology position it favorably for long-term success. Conclusion: Tesla's ( NASDAQ:TSLA ) decision to raise prices for its Model Y cars reflects the company's proactive approach to managing economic headwinds. Although the move may pose short-term challenges, Tesla's resilience and strategic vision bode well for its prospects in the dynamic automotive landscape. As investors assess the implications of this price increase, Tesla remains a key player to watch in the evolving electric vehicle market.
NASDAQ:TSLA
by DEXWireNews
Tesla Offers U.S. Customers Free Trial of its Driver-Assist TechTesla CEO Elon Musk announced a groundbreaking initiative offering U.S. customers a month-long trial of the driver-assist system. This move comes at a crucial juncture for the electric carmaker as it grapples with softening demand and intensified price competition, factors that have been exerting pressure on its sales and margins. Musk, a staunch advocate for autonomous driving, has long positioned FSD as a potential revenue driver for Tesla. However, the company has faced persistent challenges in fulfilling his vision of achieving full autonomy, encountering regulatory hurdles and legal scrutiny regarding the safety and marketing claims of its vehicles. Despite these challenges, Tesla ( NASDAQ:TSLA ) remains undeterred, with Musk declaring on social media platform X, "All U.S. cars that are capable of FSD will be enabled for a one-month trial this week." Additionally, Tesla staff have been instructed to provide demonstrations of FSD to new buyers and owners of serviced vehicles, signaling a concerted effort to bolster confidence in the technology. However, amidst these efforts, data suggests a decline in the adoption of FSD among North American customers. Researcher Troy Teslike highlights a significant drop in the "FSD take rate" from a peak of 53% in the third quarter of 2019 to just 14% in the third quarter of 2022. This trend, coupled with ongoing price wars with competitors, has eroded Tesla's margins and prompted warnings of subdued delivery growth for the year ahead. Analysts, such as Sam Abuelsamid from Guidehouse Insights, view Tesla's latest move as part of a series of end-of-quarter maneuvers by Musk aimed at bolstering deliveries and revenues. Abuelsamid notes, "The combination of substantial price cuts on the vehicles and dramatically lower FSD take rates has severely hurt Tesla’s margins." Despite the challenges, Tesla ( NASDAQ:TSLA ) remains committed to democratizing access to FSD, offering it as a subscription service priced at $199 a month. However, it's essential to note that Tesla emphasizes FSD does not render its vehicles fully autonomous and necessitates active driver supervision. In conclusion, Tesla's ( NASDAQ:TSLA ) decision to offer a month-long trial of its FSD technology underscores its determination to push the boundaries of autonomous driving despite market headwinds. As the company navigates through evolving consumer preferences and competitive pressures, the success of this initiative could prove pivotal in shaping Tesla's future trajectory in the rapidly evolving automotive landscape.
NASDAQ:TSLALong
by DEXWireNews
TESLA: New long term uptrend starting. $600 end of year possibleTesla has turned oversold on its 1D technical outlook (RSI = 27.952, MACD = -6.270, ADX = 56.430) and crossed under the 1W MA200 for the first time since October 30th. Even though further decline up until the Fed Meeting (January 31st) is possible, on a wider perspective, this is a long term buy opportunity in disguise. Why? Because the stock's Channel Down since July is repeating the same pattern of April-November 2016, which was eventually a Bullish Flag. The chart speaks for itself, they both started very low but grew exponentially on a parabolic curve, which after topping, it pulled back to the 1W MA200. After the Bullish Flag, Tesla hit the -0.118 Fibonacci extension seven months later. The 1W RSI patterns are equally identical. It is therefore more than realistic to expect a test of the new -0.118 Fibonacci level by the end of the year (TP = 600.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLA
by InvestingScope
1
TESLA: Elon Musk's Gift that Keeps on GivingTesla is one of those stocks I been bullish for a while. Looking at the past patterns, who wouldn't be? The next level 2 wedge target from its current price has now been upgraded to what I see likely an inevitable $1250 price target by September. Tesla have surpassed my expectations in the past, and I expect it to do so again. While I'm not a huge Elon Musk fan, you have to give the guy credit for being able to meet production quotas and targets for Tesla. Please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I'm still long on Tesla at this point.
NASDAQ:TSLA
by gamer456148
2
Tesla TSLA american stock buy opportunities off weekly demandTesla TSLA american stock buy opportunities with weekly demand zone at $260 per share is in control. Very sharp reaction this week on Tesla stock, price kissed weekly demand imbalance and rallying strongly, almost $20 this week. As supply and demand traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and reacts strongly to those imbalances. Why is it that you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances gaining control.On Tesla american stock we had earnings last 30th January 2019, it was 25.41% worst than expected, 0.78 over estimated 1.05. What happened after a few days, price dropped to weekly demand level at $260 and rallying strongly. Earnings? What for? Unless you are doing very short term trading and scalping, you should not worry about fundamentals or earnings announcements.You can use these imbalances to plan your trades in lower timeframes. There are several ways of buying stocks. When trading stocks, you can buy shares of the underlying stock or use options strategies to go long or short at these specific supply and demand levels, long calls or long puts or spreads.
NASDAQ:TSLALong
by AlfonsoMoreno
TESLA: Hit the July 2023. Doesn't look it will stop before $400.Tesla is approaching the overbought state on its 1D technical outlook (RSI = 68.976, MACD = 8.690, ADX = 38.748) but the 1W chart still on healthy enough levels (RSI = 63.761) to keep fuelling the uptrend despite today's enormous +15% rise approximately. The reason is that the double testing and hold of the 1W MA50 in October kickstarted Phase 2 of the bullish wave of the 2 year Channel Up. That can keep rising until the 1W RSI is well overbought. The first bullish wave completed a +194.25% rise at the top of the Channel Up, so there is no reason to expect otherwise on the current wave also. That is our long term target (TP = $400). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope
1
TESLA: Building up the next bullish wave to $300.Tesla is in the upper levels of neutrality on the 1D technical outlook (RSI = 54.149, MACD = -1.520, ADX = 23.400) as it remains marginally under the 1D MA50, but a crossing over it should restore the buying sentiment. Long term the stock is inside a Channel Up that is technically in the build up of the next bullish wave after the HL on August 5th, also backed by the 1D Golden Cross of July 29th. We anticipate the new rally to cross above both R1 and R2 and target R3 (TP = 300.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope
TESLA It has begun...Tesla (TSLA) is on almost a +5.00% rise today an aggressive reaction to the market news and technically extending an Inverse Head and Shoulders (IH&S) pattern as we mentioned on our previous analysis (see chart below): It is a good time to shift to the longer term time-frame of 1W, where this IH&S pattern is a bottom formation that Tesla has registered before all of its major long-term rallies. The one that looks from cyclical start to finish with today's pattern is the period of 2014 - 2016. Once the price broke above the 1W MA50 (blue trend-line) on that pattern, Tesla started a rally that peaked on the 1.382 Fibonacci extension level. Observe similar the 1W RSI patterns are as well between the two Cycles. If the stock repeats that Fibonacci target, we can get a price as high as $700.00. That is of course a very optimistic scenario but even the more pessimistic one, has a (dotted) Channel Up targeting its top on the 3.5 Time Fib at around $400, which is almost the All Time High (ATH) for Tesla. As a result, we see $400 as a real posibility for the end of the year. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLALong
by TradingShot
2
TESLA: Oversold. Can the price cuts stop the bleeding?Tesla announced aggressive price cuts globally on their main model lines as well as its FSD and is reported that a 20% headcount reduction is pushed. Further decline on today's opening has pushed the 1W technical outlook to the brink of oversold territory (RSI = 32.105, MACD = -19.430, ADX = 47.504) and bottom of Channel Down that started last July. So can these brave measures to a dismal Q1 delivery report counter the declining global demand and price competition from Chinese EV producers and restore the stock price to where it was earlier this year? Well one thing's for sure, TSLA has been in this situation before. The growth pattern from 2019 to today is very much like the one from 2012 to 2017. Both started with immense parabolic growth that peaked and declined towards the 0.382 Fibonacci and rallied again after forming a bottom. We are now at the stage where Tesla founf support in late 2016 near the 0.786 Fib of the corrective wave. The 1W RSI patterns are similar as well. As long as the 0.786 Fib holds we expect at least $500 by mid 2025. It is very likely that tomorrow's earnings report coupled with the price cuts will be the fundamental base that the company needs to restore investing appetite back. On the long term this appears to be a worthwhile low risk entry for the undisputable leader of the EV market. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope
TESLA: Bottom is being priced. $470 end of year possible.Tesla is bearish on all long term timeframes 1D, 1W and 1M. The lowest RSI is on the 1W technical outlook (RSI = 37.118, MACD = -15.730, ADX = 32.394), which is the chart we focus today on. The stock has been inside a Channel Down since the July 2023 High, which was Lower High on the LH trendline that started on the ATH. We have spotted a striking resemblance of that pattern with 2014-2016. That pattern found support after the LH rejection on the 0.618 Fibonacci level and then rebounded aggressively to a new ATH on the 1.382 Fibonacci extension level from the pattern's Low. That rise was slightly greater than the last LH (+116.98% agains 91.32%). Tesla is on today's pattern very close to the 0.618 Fibonacci level, so we see it as a unique long term technical buy opportunity despite the recent negative fundamentals, which are being priced in since the start of the year. If you don't want to target as high as the 1.382 Fibonacci extension, take a more 'modest' approach and go for the analogous +195.79% rise, same as the last LH rally (TP = $470.00). Unique long term buy opportunity indeed to buy the industry leader. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope
TESLA: Bottomed and has huge upside potential.Tesla got almost oversold technically on the 1D timeframe (RSI = 36.047, MACD = -6.760, ADX = 34.229) as it made a new 10 month Low trading under both the 1D MA50 and MA200. The 1D CCI though is reversing, being traded inside a Channel Down. The previous two times this pattern emerged, Tesla formed a bottom. In November-December 2023 , the price rallied by +35.91% and in May-July 2023, by +97.38%. This gives us a buy opportunity with a huge upside potential, a short term target (TP = 235.50) and long term (TP = 340.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope
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