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Tesla Motors (TSLA)

Tesla Faces Market Turbulence in 2024 Despite Record RevenueTesla's financial performance in 2023, with a revenue of $97 billion, has been a key focus for investors. However, 2024 has brought challenges, notably impacting its market position. In January 2024, Tesla's shares saw a significant 24% drop, primarily due to expected weaker sales growth, wiping out about $80 billion in market value. The release of Tesla's Q4 earnings on January 24 further intensified these challenges. Earnings per share were reported at $0.71, below the expected $0.74, leading to an 8% drop in stock price and a fall below the $200 mark, a level last seen in May 2023. Since the Q4 report, Tesla's stock has struggled to surpass the $200 threshold, which now acts as a psychological barrier. The persistence of this resistance level suggests a cautious outlook for Tesla's stock, with potential for further declines if it fails to break through this barrier. If you enjoyed this post, make sure to like, and follow for more quality content! If you have any questions or comments, comment below. We reply to every comment! See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
NASDAQ:TSLA
by Sublime_Trading
TESLA Expected Growth! BUY! My dear followers, This is my opinion on the TESLA next move: The asset is approaching an important pivot point 187.87 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 216.45 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
NASDAQ:TSLALong
by AnabelSignals
2
TSLA Recovery to $4001D Chart From a technical viewpoint, Tesla ( NASDAQ:TSLA ) is setting up for a short-term recovery to the $200-210 range before another steep correction. Should significant support be met around the $100 range, a sharp recovery back to previous highs near $415 will be in sight. The following patterns are visible on the 1D chart: Impulse and Correction Waves Because the 1, 3, & 5 Impulse Waves were in the down direction, then according to Elliott Wave Theory, the Correction Waves (ABC) should see the beginning of a rally. Wave A will move opposite of Wave 5 and should lose momentum between $200-220 which are 50% & 61.8% Fibonacci Retracement levels respectively. Wave C would develop a double bottom setup that could propel TSLA back to $300. Head & Shoulders If the Elliott Waves do not prove valid then a H&S pattern is likely with a right shoulder peak meeting resistance between $200-220 before sending share prices back to a low of $100. I am less confident of this pattern as it appears a premature recovery is about to begin. The neckline rests around $150 but Money Flow Index is already in severely oversold territory and the On-Balance Volume has an overall positive slope. Double Bottom In the unlikely event that the H&S comes to fruition then I believe it will serve as the setup for a larger double bottom pattern. Stepping back for a better bird's eye view, the On-Balance Volume has a healthy positive slope and Money Flow Index is in oversold territory. However this pattern will take months to develop so it is too soon to begin loading up for this particular trade as a swing or day trader.
NASDAQ:TSLALong
by Shepherd_Investor
Tesla - Is It A FakeoutHello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: After Tesla broke out of a long term triangle formation in 2019 we saw a pump of +1.500% towards the upside. Tesla is currently once again forming a (bullish) triangle pattern but broke short term support towards the downside. If we see a retest of the bottom of the triangle which I mentioned in the analysis, I am looking for longs to capitalize on a potential bullish rejection. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:TSLA
by basictradingtv
3
Tesla can't catch a break (light?)! My thoughts on Week of 2/6Just when we thought TSLA was headed for a rebound, we were caught in a series of news that wasn't too hot for our favorite automaker: Everything from brake light recalls to billion dollar compensations rejected. In this Idea, I will detail my thoughts of the week, news that affected the stock, and my analysis for next week. 1/29 LAST WEEK: The graph shows we've been on a downward channel for TSLA price action. Our purple line within the channel was our expectation from prior to last week (From Idea: ). What I was not expecting was a continuous downtrend after Wednesday. Affecting news for this downtrend were: Fed rate decision (priced in), and ruled out March rate cut. Musk and $55 billion pay package Possible relocation to another state because of above Tesla dropped from "Magnificent Seven" At a point on Friday, TSLA completely decoupled from SPY price action: While SPY was up 1% hitting another record high, TSLA was punished at -3%, until making a quick recovery to the top of the channel at the 0.5 fib mark at $187.90. 2/6 and on: News, fed meetings, and price action/options flow lead me to believe we will have another choppy week. 2.2 Million vehicle recall on warning lights that are too small. (Doesn't seem like a big deal, but the word "recall" scares investors. ) Over 2400 Steering Complaints Escalated to investigation. (Yahoo Finance) Tesla settles $1.5 million CA hazardous waste lawsuit (Yahoo Finance) I also think that the Tesla relocation to Texas would be bearish due to the amount of work and opportunity cost associated to relocating. With the laundry list of bad news, I don't think we will break for lower lows this week. I think we may have a sharp dip early in the week to the 0.236 fib line of $184. Throughout the week, we have several traditionally hawkish fed members speaking. Investors on the other hand seem poised with a bullish sentiment: Options expiring 2/6 (per Barchart) Put/Call Volume Ratio: 0.79 Put/Call Open Interest Ratio: 0.69 With the average call strike price sitting around $192, average put price sitting around $181. The orange line shows my prediction to the price action based off all the above: An early dip (potential retest to $180), followed by breaking the channel sometime middle of the week, chopping through the rest of the week and ending on a higher note. I will update with any news that I think may be relevant to TSLA.
NASDAQ:TSLAShort
by valentine_j_
2
🚚🚚 The first Tesla Cybertruck deliveries are set to be happen The first Tesla Cybertruck deliveries are set to be happen tomorrow, on November 30. Tesla is finally ready to throw its hat into the most important vehicle segment in the US. The long-awaited Cybertruck, with its futuristic design and embarrassing shattered-window reveal, is finally set to enter production in 2023. Its arrival could be a turning point for the market with its alien looks, high-tech features, and unique body shape. The company will host a Cybertruck delivery event at 1 p.m. CT on November 30 at its Texas Gigafactory — a delivery event that's long been delayed by various production difficulties. "We dug our own grave with Cybertruck," Elon Musk said on Tesla's third-quarter earnings call. The Tesla CEO said the EV pickup truck will require a "staggering" amount of work to ramp up because "it's the nature of the newness." However, he says the company is doing its best to simplify the vehicle. "It will be cool, but it's utilitarian," he says. Musk has previously talked about "production hell" during Tesla's past Model 3 ramp. In the years since its first reveal, Musk has slowly revealed new details about the truck and its performance. Here's what we know so far. New details from Q3 earnings call 👉 Musk says he expects to reach production of about a quarter million Cybertrucks a year. 👉 "But I don't think we'll reach that output next year .... probably sometime in 2025," he says. 👉 He also talks about the challenges of the ramp-up period. "The ramp is going to be extremely difficult. There's no way around that," Musk says. "If you want to do something radical and innovative and something's really special like the Cybertruck, it is extremely difficult because there is nothing to copy." "The more uncharted the territory, the less predictable the outcome," he added. Musk says he wants to "temper expectations" for the Cybertruck, predicting it will take a year to 18 months before the vehicle can become a significant cash flow contributor, he cites the difficulties of scaling production on a new vehicle, as well as selling the EV at a "price people can afford." The CEO says demand for the Cybertruck is high, and he believes it is one of Tesla's best products. What are the features of a Tesla Cybertruck? Musk has made numerous claims about the truck's purported capabilities that remain to be seen. He said the Cybertruck will be able to "serve briefly as a boat," and have rear-wheel steering. Its exoskeleton-based body is the opposite of how trucks are usually produced — and how they usually look. What actually makes it into the final list of Cybertruck features is anyone's guess. "This is a vehicle that competes against everybody and nobody," Ivan Drury, an automotive analyst for the car-shopping website Edmunds, told Insider earlier this year. "If the Cybertruck comes to fruition looking like it did at the debut, that should be more than enough — everything else from tech and features is just icing on the cake." He compared the Cybertruck to Hummer, a similarly large and impractical vehicle that could attract enthusiasts and wealthy luxury buyers alike. When will a Tesla Cybertruck come on the market? Musk confirmed in May that Tesla will make the Cybertruck available to customers later in 2023. "Sorry for the delay, we're finally going to start delivering production Cybertrucks later this year," he said. "And I think the product, if anything, is better than expectations." It's the first completely new Tesla product in years and comes at a time when both Tesla and the pickup truck market need some fresh ideas. How much does Tesla's Cybertruck cost? It's unclear how much a Cybertruck will cost. Originally, in 2019, the company said the Cybertruck would cost $40,000, but Musk has since said that the price will change. Generally, the Tesla price range starts around $40,000 for the cheapest variant of the Tesla Model 3 and goes up to $108,490 for the Plaid variant of the Tesla Model X. The Tesla Roadster is expected to be the most expensive model once it goes into production, at a base price around $200,000. A now-deleted contract clause aimed at preventing early customers from reselling their trucks hints that the truck may not be cheap — or plentiful — when it is finally released, experts told Business Insider. Tesla is currently taking refundable $100 deposits. How long does it take to charge a Cybertruck? Tesla has said that the Cybertruck will use its new Mega Charger V4 technology and become the quickest-charging EV. Depending on its battery size, that could mean a full charge in less than a half an hour, though details remain to be seen. Technical highlights on Tesla stocks ahead of first Cybertruck deliveries 👉 Tesla market capitalization has more than doubled in 2023, as Tesla stock price is near $245-250 range in this time, versus $120-125 range where it was at the end of gloomy 2022. 👉 Tesla stocks broke their 52-weeks SMA key resistance earlier in Q2'23 around $215 per share, with further double confirmation of this spurt in Q3'23 and recently in Q4'23. 👉 Following the major upside channel, Tesla stocks can move upside further, to its best historical levels shortly. 🚚🚚 Happy watching a long awaited Cybertruck delivery event as historical "Moment of Tesla" is just few hours to be there.
NASDAQ:TSLA
by Pandorra
1
TESLA - MUSK LATE TO THE PARTY? HE IS THE PARTY! (TARGET $315)If I had to describe this analysis in one sentence, here's what I'd say: the lower the better. In the current climate, Tesla's stock might seem volatile due to the challenges it faces, including production hurdles and market competition. However, it's essential to look beyond these short-term obstacles and recognize the underlying strengths and strategic advantages Tesla holds. This isn't just about being bullish on Tesla without reason; it's about recognizing the company's potential to overcome current challenges and continue leading the EV revolution. As always, it's crucial to balance optimism with due diligence and consider Tesla's position within a diversified investment portfolio. So what's on the chart? (follow the steps) 1. Liquidity Zone as a Bull Target: The liquidity zone is acting as a magnet for bulls right now. It's an area where we often see a concentration of trading activity, making it a prime target for those looking to capitalize on upward movements. This zone indicates strong interest and potential for price support, making it an attractive entry point. 2. Weekly FVG for Long-Term Entry: The Fair Value Gap (FVG) on the weekly chart is particularly noteworthy. Historically, these gaps have served as solid foundations for bullish accumulation, often marking the beginning of significant upward trends. The way the price has previously lifted off from such an area suggests it's a credible entry point for long-term investors. 3. Current Nesting in Weekly FVG: Interestingly, the price is currently sitting in another weekly FVG, which could indicate a consolidation phase before the next move up. This nesting phase is crucial as it could provide a stable base from which the price might springboard. 4. Weekly Flag Pattern: While I typically don't trade based on flag patterns, it's hard to ignore the large weekly flag formation here. Even if one doesn't trade these patterns directly, they offer a good visual representation of the current price movement and the potential continuation of the trend. 5. Reaction to CPI Data and FED Rates: The upcoming CPI data will be pivotal, especially with the Federal Reserve's current hesitation to cut rates in March. A large leg down into the FVG could potentially mark the bottom, but much depends on how the CPI data plays out, influencing the Fed's stance on interest rates. 6. Second Potential Long-Term Entry: Given the rough patch and the potential bottom formation, there's a second viable entry point for long-term believers in Tesla. The key is to get in before the tide turns too positively, as waiting for good news could mean missing out on significant gains, much like what happened with Meta's 20% surge post-news. 7. Targeting Premium Areas from Discounted Entries: The strategy here is to buy at a discount with the aim of moving towards a premium. This means entering the market at current levels, which are perceived as undervalued, and holding with a view toward future gains as the market re-evaluates Tesla's worth. In essence, for those who believe in Tesla's fundamentals and long-term prospects, the current market conditions present a series of strategic entry points. As always, I hope you appreciate the work put in and have a great Sunday! ;)
NASDAQ:TSLALong
by Lexi_Is_Trading
TSLA Short / Put Options Recap Volume Profile Strategy SHORTTSLA is shown here on a 30-minute chart. Utilizing only a volume profile indicator and stray fundamental related news, TSLA was watched for a short entry in consideration of the antics of its CEO and the price cuts in Europe coupled with the challenges of NIO, XPEV and BYD in China and China's recession I opted to look for a short entry. Analysis, trade entry and trade management and trade close are on the chart in a text box. This idea and recap of TSLA short shows the utility of volume profile analysis in making a very profitable short trade on TSLA which uses a precise entry after confirmation and the same for the exit. As such, this also makes possible very profitable options trades with near-term expirations to optimize the value of thorough analysis before the trade combined with a tight entry and good follow through to make for high profit with less risk. Using TVs alerts and notifications this trade was managed with little screen time making for a high profit yield per hour of effort. Rinse and repeat as they say.....
NASDAQ:TSLALong
by AwesomeAvani
1
Tesla Faces Turbulence as SAP Withdraws, Piper Slashes TargetsTesla (NASDAQ: NASDAQ:TSLA ), the electric vehicle juggernaut led by Elon Musk, witnessed a sharp decline of nearly 6% in its stock value on Monday. This downturn was triggered by a dual blow – German software firm SAP's decision to cease its purchase of electric cars from Tesla ( NASDAQ:TSLA ) and Piper Sandler's reduction in the stock price target. As the electric automaker's shares plummeted to $177.27, marking their lowest point since May 2023, concerns loom over Tesla's ( NASDAQ:TSLA ) market capitalization, with potential losses reaching a staggering $34 billion if the downward trend persists. SAP's Decision and Delivery Woes: The catalyst for the stock plunge came with the revelation that SAP, a prominent German software firm, has opted to no longer source company cars from Tesla ( NASDAQ:TSLA ). Citing reasons such as delivery delays and price fluctuations, the move by SAP has added fuel to the fire, accentuating the challenges faced by the electric car giant. The German publication Handelsblatt reported the decision, sending ripples through the market and contributing to Tesla's already tumultuous week. Piper Sandler's Grim Outlook: Adding to the woes, Piper Sandler, a reputable brokerage, slashed its stock price target for Tesla ( NASDAQ:TSLA ), citing lower delivery expectations for the year. The brokerage now expects Tesla ( NASDAQ:TSLA ) to deliver 1.93 million vehicles in 2024, representing a modest growth rate of approximately 7%. This figure pales in comparison to the ambitious 50% growth target set by Elon Musk three years ago. The brokerage's concerns extend beyond the immediate future, expressing apprehension about potential price cuts due to an aging product lineup. As Tesla ( NASDAQ:TSLA ) grapples with these challenges, the stock price target was reduced from $295 to $225, intensifying the bearish sentiment surrounding the company. Market Dynamics and Valuation Tesla's price-to-earnings ratio of 57.75 times its 12-month forward earnings estimates is significantly higher than its peers such as Meta Platforms and Amazon.com, which have ratios of 24.10 and 40.97, respectively. This raises questions about the sustainability of Tesla's ( NASDAQ:TSLA ) current valuation, given recent setbacks and the overall market dynamics. Elon Musk's Warning and Consumer Demand: CEO Elon Musk's warning about sluggish consumer demand due to high interest rates adds another layer of complexity to Tesla's ( NASDAQ:TSLA ) challenges. Despite refreshing the styling and features of the Model 3 compact sedan, concerns linger about the impact of interest rates on consumer preferences, potentially impacting the demand for Tesla's offerings. Conclusion: As Tesla ( NASDAQ:TSLA ) grapples with a confluence of challenges – from SAP's withdrawal to Piper Sandler's grim projections – the electric vehicle giant finds itself at a crossroads. The stock's recent downturn prompts investors and industry observers alike to closely monitor how Tesla navigates these turbulent waters. Whether the company can regain momentum, address delivery issues, and rekindle investor confidence remains to be seen, but one thing is clear – the road ahead for Tesla ( NASDAQ:TSLA ) is anything but smooth.
NASDAQ:TSLAShort
by DEXWireNews
TESLA: 2-Hour Order Block Support - Green Close Expected! 📈🟢Explore the potential of Tesla stock on a 2-hour timeframe, where it might find support at an order block, signaling an upside move. There's optimism for a green close today, adding an exciting element to the market dynamics. Trading decisions should align with thorough research, and market conditions can change rapidly. Keep an eye on Tesla's 2-hour chart for potential opportunities and adapt your strategy accordingly. Note: We are not responsible for any profit or loss resulting from trading decisions. Trade responsibly and consider consulting a financial advisor. Dive into the Tesla market, navigate the charts, and stay informed with this analysis. 🚗💹 #TESLA #StockAnalysis #UpsidePotential #GreenCloseExpected
NASDAQ:TSLALong
by NEOALGO_PRO
tesla ---> short position hello guys... I had previously signaled the Tesla shorts, but the previous series reached $102: as you can see tesla engulfed two supply and demand zones and it is so possible if it touche next one! ($70 level) now the price is on the descending trendline and QML as well I believe the downward is so probable! let's see what happens, by the way, the first target is $107 _______________________________ 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
96
$SPY $470 Target by 3/1 💭 $483 by Friday 2/8 $470 by 3/1 $460? Essentially it might be extremely dangerous trying to swing weeklies but it could very well be beneficial to swing Monday $490 Puts. Depending on SPY price by Wednesday, they could pay large amounts as I see the move happening in just 2-3 days, somewhere between Tuesday 2/6 and Monday 2/12, expect $478. This image here is from the March 23' BTFP run into the end of July 23'. Resemblance should not be ignored.
AMEX:SPYShort
by TazmanianTrader
Stock Market All time high Fake out or Continue? | MAG7 Analysis00:00 QQQ Forecast 04:04 Sp500 ETF analysis 05:37 Nvidia Stock NVDA Forecast Technical Analysis Analysis 07:57 Tesla Stock TSLA Forecast Technical 09:32 Apple Stock AAPL Forecast Technical Analysis 11:26 Amazon Stock AMZN Forecast Technical Analysis 12:46 Microsoft Stock MSFT Forecast Technical Analysis 13:51 Meta Forecast Technical Analysis Disclaimer: All the content here is for entertainment purposes and not personal investment or trading advice. Any advice is considered general entertainment advice. Stock Market involves risk of loss so please do your own research or seek out your own financial advisors. #mag7 #msft #aapl #stockmarketeducation #stockmarketupdate #stockmarkettechnicalanalysis #technicalanalysis #sp500 #stockmarket #investing #tradingtips #stocks #daytrading #nvidia #tesla #tradingstrategy #stockmarketupdates #stockmarketforbeginners #stockmarketinvesting #stockmarkets #googlestock #nvda #googl #tsla #amzn #qqq #investment #tslastock #stockmarketanalysis #stockmarketnews #stockstobuy
NASDAQ:QQQ
by ArcadiaTrading
1
"Tesla Stock Teeters at Critical Levels" - TSLATSLA Stock: Navigating Critical Support Amidst Growing Concerns Tesla Inc. (TSLA), once the darling of Wall Street and a symbol of disruptive innovation in the automotive industry, finds itself at a critical juncture as it grapples with mounting pressure from investors and market dynamics. With the stock facing significant headwinds, analysts are closely eyeing key support levels, with $165 emerging as a crucial threshold that could determine the fate of TSLA's trajectory. Testing Support: The $165 mark represents a major area of support for TSLA, a level that, if breached, could unleash a cascade of selling pressure, potentially triggering a sharp decline in the stock price. Analysts and market participants have long viewed this level as a critical pivot point, given its historical significance and its role in shaping investor sentiment. Technical Analysis: Drawing on technical analysis, TSLA's current price action paints a concerning picture. The stock has encountered staunch resistance at the top of the market, forming what appears to be a triple top pattern. This pattern, characterized by two lower peaks (shoulders) and one higher peak (head), is often interpreted as a bearish signal, suggesting a potential reversal in trend. Moreover, the $165 level holds added significance as it coincides with the start of the bull run in June 2019, signifying a pivotal point in TSLA's ascent. What was once a stronghold of support has now transformed into a formidable barrier, acting as a barrier to further upside momentum. Market Sentiment: Investor sentiment towards TSLA has soured in recent months, as concerns over valuation, execution challenges, and macroeconomic headwinds weigh on the stock. The previous bull run, characterized by extreme growth and exuberance, has left TSLA vulnerable to a correction, with many market participants anticipating a pullback of significant magnitude. Outlook: Looking ahead, the consensus among analysts suggests that TSLA is poised for further downside, with the $165 level serving as a make-or-break point. Should the stock fail to hold above this critical support level, the potential for a sharp downturn looms large, with some forecasts suggesting a correction of more than 50%. While such projections may appear dire, they underscore the importance of risk management and prudent decision-making in navigating turbulent market conditions. Investors are advised to exercise caution and closely monitor TSLA's price action in the coming days and weeks, as developments unfold. In conclusion, TSLA's stock finds itself at a crossroads, with $165 emerging as a pivotal level that could determine its future trajectory. As market participants brace for a potential breakdown, the need for vigilance and preparedness has never been greater.
NASDAQ:TSLAShort
by UnknownUnicorn2319099