TeslaLong
We are LONG on TSLA. PT: 1200
We are hyper bullish on TSLA for the rest of the year.
Some pointers:
After failing to meet EPS numbers, we remain confident that TSLAs growth has only begun.
Listening in on their earnings call, we are happy to hear that their growth will materially grow by more than 50% for many years to come.
With PiperSandler coming out with a $1200 PT yesterday and ARK Invests Cathie Wood saying they will come out with an updated analysis on tesla next month, we see this as very good news for TSLAs price action in the coming months.
With Elon stating that FSD and their auto business being worth
1T in market cap alone, that in and of itself is great for TSLA.
Their energy storage deployed doubled from Q3 to Q4.
TSLA is building 2 gigafactories (Berlin and Texas) and is outgrowing all of its competitors in every space.
Bidens EV plan will incentivize people to switch to EVs. It's only a matter of time.
Charting Patterns
Historically, TSLA has traded in many wedge patterns and this is no different. We believe this dip will be bought and the recovery will be rather quick.
Some pointers:
After failing to meet EPS numbers, we remain confident that TSLAs growth has only begun.
Listening in on their earnings call, we are happy to hear that their growth will materially grow by more than 50% for many years to come.
With PiperSandler coming out with a $1200 PT yesterday and ARK Invests Cathie Wood saying they will come out with an updated analysis on tesla next month, we see this as very good news for TSLAs price action in the coming months.
With Elon stating that FSD and their auto business being worth
1T in market cap alone, that in and of itself is great for TSLA.Their energy storage deployed doubled from Q3 to Q4.
TSLA is building 2 gigafactories (Berlin and Texas) and is outgrowing all of its competitors in every space.
Bidens EV plan will incentivize people to switch to EVs. It's only a matter of time.
Charting Patterns
Historically, TSLA has traded in many wedge patterns and this is no different. We believe this dip will be bought and the recovery will be rather quick.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.