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Tesla Motors (TSLA)

TESLA $TSLA | TESLA MOMENTUM AFTER EARNINGS - Apr. 24th, 2024TESLA NASDAQ:TSLA | TESLA MOMENTUM AFTER EARNINGS - Apr. 24th, 2024 BUY/LONG ZONE (GREEN): $165.00 - $181.00 DO NOT TRADE/DNT ZONE (WHITE): $160.00 - $165.00 SELL/SHORT ZONE (RED): $141.25 - $160.00 Weekly: Bearish Daily: Bearish 4H/2H: DNT, lean bullish NASDAQ:TSLA earnings report yesterday had price move around 16% to the upside. Currently price has pulled back to around only a 10% gain. I tightened the new DNT zone so bears and bulls can have early entries in their respective directions. Bulls should be looking for a close above 165.00 and bears should be looking for a close below 160.00. I did not label every level of importance because I didn't want to make the charts too messy and I used the 2H timeframe today instead of the 4H because I wanted to show the extra price action. Linked below are the two previous ideas from this year! This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, tesla, NASDAQ:TSLA , tsla, teslaearnings, teslatrend, teslamomentum, teslalong, teslashort, teslatrade, teslaidea, tesladirection, teslaearningsreport, teslareport, teslarelease, teslamodel2, teslamodel3, teslamodel3performance, teslaconference, teslanews, teslacall, teslaput, teslaoptions, teslapatterns, teslachartpatterns, teslasupport, tslatrend, tslamomentum, tslatrade, tslalong, tslashort, teslabuy, teslasell, elonmusk, elon, nasdaq, ndx, ndq, qqq, us100, nas, tech, techstocks, ev, evstocks,
NASDAQ:TSLA
by TonyAiello
Tesla Stock ($TSLA) Up 13% Despite Earnings MissedIn a surprising turn of events, Tesla ( NASDAQ:TSLA ) has defied market expectations, with its stock soaring over 13% despite falling short of analysts' projections for its first-quarter earnings. While the electric vehicle (EV) giant reported weaker-than-expected revenue and earnings per share (EPS), investors remain bullish, largely due to CEO Elon Musk's ambitious plans for the company's future. Tesla's Q1 earnings report revealed revenue of $21.3 billion and EPS of 45 cents, marking declines compared to the same period last year. Analysts had anticipated revenue of $22.2 billion and EPS of 51 cents, according to CNBC. The decline was attributed to lower average selling prices of vehicles and a decrease in vehicle deliveries. However, what captured investors' attention were Musk's remarks during Tesla's conference call. Musk unveiled plans to expedite the launch of new, more affordable vehicle models, leveraging both next-generation and current platforms. This move aims to diversify Tesla's product lineup and cater to a broader market segment. Even more compelling was Musk's announcement regarding Tesla's foray into the autonomous taxi market with the Cybercab service. Described as a fusion of Airbnb and Uber, Cybercab will feature a fleet of Tesla-owned vehicles supplemented by privately-owned cars. Users can opt to share their vehicles with others, earning income when not in use, akin to Airbnb rentals. The Cybercab service represents a paradigm shift in transportation, offering convenient and cost-effective mobility solutions while tapping into the burgeoning sharing economy. Musk's vision has resonated strongly with investors, as evidenced by the surge in Tesla's stock price following the announcement. Analysts are particularly optimistic about the potential of the Cybercab service, with many revising their price targets upwards. Notably, Ark Invest has set an ambitious $2,000 price target for Tesla stock, citing the expansion of the robotaxi fleet as a key driver of future growth. Despite the initial setback in Q1 earnings, Tesla's long-term outlook appears robust, fueled by innovation and strategic expansion into new markets. Musk's ability to disrupt traditional industries and his relentless pursuit of technological advancements continue to inspire confidence among investors. In conclusion, while Tesla ( NASDAQ:TSLA ) may have missed the mark in its recent earnings report, the company's forward-looking initiatives, including the launch of lower-cost models and the expansion of its autonomous taxi service, have reignited investor enthusiasm. As Tesla ( NASDAQ:TSLA ) charts a course toward a sustainable future, its stock remains a beacon of innovation in the landscape of electric mobility.
NASDAQ:TSLALong
by DEXWireNews
TSLA rallies based on comments, it wont lastAfter an earnings call, TSLA rallied overnight by 10%. The financials show the company failed to beat reduced expectations from analysts, so what gives? Elon Musk has proven once again his skills at being a show man. Rallies based on comments and hype of whats to come dont last. AAPL recently went through a similar situation, stock rallied on news they finally would release AI products in the future, soon after it continued dumping. People are buying the
NASDAQ:TSLAShort
by ratchet-mint
Bullish market in TeslaEsteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody
PYTH:TSLA
by mehdi47abbasi79
TESLA ready to start it's run? Long with a 300$ TARGETTesla has been one of the worst performing NASDAQ100 listed stocks for the past year. Now its the time for the trend to change. In our humble opinion of course. We finally have an actionable set up with a falling wedge and the completion of a bullish 886 harmonic. The trade set up is standard and what really were looking for, for a long term run, is a break and confirmation of 180$, as shown below. The 4h targets are traditional targets for the 4h set up.
NASDAQ:TSLALong
by SynergyTradingSetups
TSLA Share Price Up About 13% Despite Disappointing ReportTSLA Share Price Up About 13% Despite Disappointing Report Yesterday, TSLA trading closed at USD 144.68 per share, after which Tesla reported its results for the 1st quarter: → earnings per share: actual = USD 0.45, forecast = USD 0.49; → gross income: actual = USD 21.45 billion, forecast = USD 22.2 billion. However, in the post-market, TSLA's share price rose approximately 13% thanks to Elon Musk's plans and statements: → We faced numerous challenges in Q1, including the conflict in the Red Sea and the arson attack at the Gigafactory in Berlin. We think the second quarter will be much better. → EV adoption rates around the world are under pressure, but electric vehicles will dominate the auto industry in the long term. We continue to invest in AI infrastructure, manufacturing facilities, Supercharger networks, and new products. → Production of new models will start at the end of 2024 — beginning of 2025 on existing production lines. The stock's rise after the report shows that optimism about the start of production of a new model that could be the most affordable in Tesla's lineup outweighed concerns about the poor report and increased competition. On April 5, we wrote that the price of TSLA could reach the psychological level of USD 150 per share. New data on the chart provides valuable information for the technical analysis of TSLA stock: → the price dropped below the psychological level, but was unable to gain a foothold there, since in the premarket today the TSLA share is trading above USD 160; → opening the main trading session today above USD 160 will mean that the market is returning to the downward channel (shown in red), and the RSI indicator is rising from the oversold zone. Will TSLA's stock price be able to continue rising after the sharp reversal? A test for the seriousness of the bulls’ intentions can be the resistance block, which is formed by the median line of the descending channel and the resistance level of USD 180 per TSLA share. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:TSLA
by FXOpen
1
TESLA $TSLA - April 8th, 2024TESLA NASDAQ:TSLA - April 8th, 2024 BUY/LONG ZONE (GREEN): $181.00 - $208.50 DO NOT TRADE/DNT ZONE (WHITE): $162.00 - $181.00 SELL/SHORT ZONE (RED): $135.00 - $162.00 Weekly: Bearish Daily: DNT - Lean Bearish 4H: DNT NASDAQ:TSLA has been trading through a clean range for about a month now. There was strong bearish momentum that ran through my DNT zone and into my bearish zone before creating the range. There have been four tests to the bottom level of the zone @ 166.00/162.00 and three tests to the top level of the zone @ 177.50/181.00, currently approaching a potential fourth test of the top of the zone. For early entries for bulls and bears all of the zones can be adjusted as follows (shortening DNT zone, extending bearish and bullish zones): Bullish: $177.50 - $208.50 DNT: $166.00 - $177.50 Bearish: $135.00 - $166.00 The weekly timeframe has strong bearish structure, the daily timeframe has the range shown but still holds bearish structure, and the 4H timeframe most recently has developed bearish structure but has created the range so I have labeled it as DNT as there is no clear direction that price is following. There have been slight level adjustments compared to my previous post that better fit the current structure price has created. I have drawn arrows on the range for easier distinction for what I am looking at, combined with potential breakout arrows and potential breakdown arrows. Both the bulls and the bears have roughly a 15% +/- price change as the targets I have shown. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! tesla breakout, tesla range breakout, tesla range, tesla breakdown, tesla range breakdown, trendanalysis, trendtrading, priceaction, priceactiontrading, technical indicators, support and resistance, tesla target, tesla sales, teslaprice, teslatrade, teslaidea, tesla, NASDAQ:TSLA , solareclipse, april8solareclipse, teslalong, teslashort, teslabuy, teslasell, teslaoption, teslacall, teslaput, nasdaq, teslanasdaq, us100, techstocks,
NASDAQ:TSLA
by TonyAiello
Tesla Set to Cut 2700 jobs in Austin & over 3,300 in CaliforniaTesla ( NASDAQ:TSLA ) is set to cut over 3,332 jobs throughout the state of California, and 2,688 jobs in Austin, Texas according to Worker Adjustment and Retraining Notification (WARN) Act letters and notices filed in both states. The layoffs are part of a broader restructuring that the electric vehicle maker announced last week. In 2021, Tesla CEO Elon Musk moved the company's corporate headquarters to Austin from Palo Alto, California. Musk said in an internal memo last weekend that Tesla ( NASDAQ:TSLA ) was cutting more than 10% of its global headcount as the electric vehicle maker reckons with flagging sales and increased competition. He did not say which departments or locations would be most affected. "As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity," he wrote. A subsequent WARN notice filed in New York indicated that 285 positions were being eliminated at a factory in Buffalo. Tesla employed has employed 140,473 people in total as of December 2023, according to filings. The company has officially opened its Texas EV and battery factory in April 2022, with a "cyber rodeo" party. The company now manufactures some of its Model Y crossover utility vehicles in Austin, and has started to build its Cybertruck there. Musk later called the Austin factory, and another assembly plant in Germany, "gigantic money furnaces," in an interview with Tesla Owners Silicon Valley, a fan club that promotes Tesla vehicles. According to filings with the Texas Department of Licensing and Regulation, Tesla ( NASDAQ:TSLA ) was planning to spend upward of $770 million last year on the construction of expanded facilities in Austin, including for battery cell testing and manufacturing, cathode and drive unit manufacturing, plus a die shop, among other things. Tuesday's WARN filings said, "none of the employees are represented by a union and none of the employees have bumping rights," or the right of more senior workers to replace those with less seniority. The layoffs in California included 2,266 people in Fremont, which is home to Tesla's first U.S. vehicle assembly plant, and 486 employees in Palo Alto, home to Tesla's engineering headquarters. The cuts impacted workers at the company's factories, engineering offices, stores, showrooms and service centers throughout the state. Jobs were also cut in Burbank and Lathrop, where Tesla makes spare parts at a foundry and assembles Megapack, battery energy storage systems.
NASDAQ:TSLALong
by DEXWireNews
Tesla - Don't get caught up!Hello Traders and Investors, today I will take a look at Tesla. -------- Explanation of my video analysis: In 2020 Tesla stock created a beautiful break and retest of the previous all time high which was followed by significant continuation towards the upside. After this pump Tesla stock entered a long term consolidation phase, forming a bullish flag formation. Considering that Tesla just retested and rejected the upper resistance, there is a quite high chance that we will retest the next support at $120. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLA
by basictradingtv
1
Musk LoveI am looking for potential pivot points near any of the drawings. I marked some examples from the past price action. You can look at this like at a project created by something similar to artificial intelligence. Let's just sit back and wait and see what happens, if any potential signals for pivot points or bounces appear at the shapes. This has been done before in previous ideas that I have provided and the concept is pretty straight forward. Sometimes the price can just follow a shape and not bounce from it, but I consider that to be an interesting occurrence as well. The purple zone is a zone where no drawings were simulated/required. Marked letters of ABC are potential time zones of interest with interesting events.
NASDAQ:TSLA
by nen
1
Tesla Stock in Limbo: A 43% Plunge Leaves Investors Wary Ahead oTesla, once the undisputed champion of the electric vehicle (EV) market, finds itself in a precarious position. The company's stock price has been on a downward spiral, tumbling nearly 43% in the last month. This dramatic decline has left investors apprehensive as Tesla prepares to report its earnings. Several factors are contributing to the bearish sentiment surrounding Tesla. Firstly, concerns are swirling about the company's business strategy. Sales of electric vehicles have dipped, raising questions about whether Tesla can maintain its growth trajectory. The much-anticipated Cybertruck has yet to materialize, and delays in the rollout of the cheaper electric vehicle have further dampened investor enthusiasm. Elon Musk, Tesla's enigmatic CEO, hasn't helped matters. His focus on ventures outside of Tesla, coupled with his penchant for making controversial pronouncements, has sown seeds of doubt among some investors. They worry that Musk's attention is divided, potentially hindering Tesla's ability to navigate the increasingly competitive EV landscape. Adding to the woes is the overall market correction. Rising interest rates and inflation have dampened investor appetite for growth stocks, a category Tesla once dominated. Tesla's lofty valuation, currently sitting at nearly 47 times forward earnings, also makes it a prime target for a sell-off. This high valuation is particularly concerning given the recent sales slump and the uncertain outlook for the EV market. However, there is a silver lining. The recent plunge has pushed Tesla's stock price into what some analysts call "no man's land." This means there's a significant gap between the current price and potential downside. While the stock could fall further, the dramatic decline has already priced in a considerable amount of negativity. This could pave the way for a "relief rally" if Tesla's earnings report isn't a complete disaster. Some analysts believe the negative sentiment has been overblown. They argue that Tesla's brand recognition and technological prowess still position it well for the future. The upcoming launch of the Robotaxi service in August could be a game-changer, generating new revenue streams and reigniting investor confidence. The coming weeks will be crucial for Tesla. The earnings report will be a watershed moment, determining whether the company can regain its footing or succumb to the current headwinds. Investors will be keenly watching for any signs of a turnaround in sales, updates on the Cybertruck and the cheaper EV rollout, and any concrete plans for the Robotaxi service. Tesla's story is far from over. The company's future hinges on its ability to navigate the current challenges, deliver on its promises, and adapt to the evolving EV market. Only time will tell if Tesla can emerge from this "no man's land" and reclaim its pole position in the electric vehicle revolution.
NASDAQ:TSLAShort
by bryandowningqln
TSLA → Daily analysishello guys... based on my previous analysis of #tesla: the main trend in the daily time frame is bearish so far! I believe the trendline of the pattern will be breakout after retesting the S&D! meanwhile, the price made a head and shoulders pattern and broke it out! so in a shorter time frame the price will fill the gap to touch the target of the pattern, then we can expect another downward movement! ______________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
NASDAQ:TSLAShort
by melikatrader94
7
Where Does TSLA Land? Trend - Downtrend confirmed. - Components of the channel chart: The original downtrend channel plus a 100% extended channel. Both channels divided in half by blue dotted lines. The shaded zones furthest from the center represent "overbought/oversold forces," which counterbalance each other. - Currently, the price is descending into the extended channel, suggesting a chance of reaching the lower band of the extended channel. - Note that when the price enters the orange shaded zone, it could move rapidly in one direction, as there is minimal previous support and resistance. - The trend lines serve as potential support and resistance levels. 100% Symmetrical Projection: Downtrend “N” Patterns - A 100% Symmetrical Projection of the previous swing (from A to B) and then projected from C. As a result, D is the initial target price on the short side. - The 0.5 level from C to D serves as a clear support, enhancing the value of this projection. N Pattern’s Target Price & Fibonacci Price Cluster - The target price of $116 at level D aligns with a major prior low on the weekly chart. - Levels 1 & 2 are significant due to the price cluster effect, demonstrating the validity of the extension of the prior major swing. - Consequently, Level 3 has a good chance of becoming a critical support and a potential target price. Conclusion - In comparison with symmetrical analysis, TSLA's trend channel chart provides higher reference value. - The dynamic target price is the lower band of the extended channel. - The fixed target price (strong support) could be $122, followed by $116. Not Financial Advice The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
NASDAQ:TSLAShort
by stock_adelie
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 $500 by mid 2025. It is very likely that tomorrow's earnings report coupled with the price cuts will be the fundamental base that the company needs to restore investing appetite back. On the long term this appears to be a worthwhile low risk entry for the undisputable leader of the EV market. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope
Tesla Inc. ($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
Will Tesla see $100 Before $210?I am not a stock trader and at the end of the day could care less where these assets go but do occasionally trade them when the technicals indicate the potential for large moves creating rare oppertunities. Forcast from July 2023 linked below indicated a likely larger decline and since price has come down 40%. The forcast called for reevaluation at the main macro uptrend. Price has arrived at that trend line, broke through it and current retesting from the bottom side. If buyers fail to reclaim these level are larger decline as forcasted may become a reality. Bear in mind these are "forcasts"... not predictions. Price is unpredictable but scripture teaches there is nothing new under the sun and reoccuring patterns are predictable. It is the job of each operator to make his or her own decisions and react accordingly to price action as it presents its self in areas of interest. Current Trading Plan: Reenter a short postion in the 200-210 area if we see a reaction indicating a rejection. IF we see this rejection target will remain the same $70-$80. IF price brakes above the main trend again and consolidates likely will see higher prices. Trade Well... Your Friend, Degen
NASDAQ:TSLAShort
by Degen-Dynasty
37