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Tesla Motors (TSLA)

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 Can it break the 1D MA50 and sustain an uptrend?Tesla has been trading within a Bearish Megaphone pattern since the July 19 2023 High. The recent Low (March 14 2024) came very close to the 152.50 Support, which is the April 27 2023 Low. This shows just how strong the current bearish structure is. Medium-term traders/ investors can expect a sustainable uptrend only when the 1D MA50 (blue trend-line) breaks, which has been the Resistance all this time since January 09 2024 (almost 3 months). If it does break above it, we expect a +41.50% rise from the bottom (+5% more than the previous Bullish Leg), targeting $225.00. That is considered conservative based on the margins of the Bearish Megaphone as the previous two Lower Highs were priced on the 0.786 Fibonacci retracement level. The fact that the 1D MACD has already formed a Bullish Cross below the 0.00 level, favors statistically the upside case, as in the past 12 months such a signal failed to break above the 1D MA50 only once out of 4 times in total. Until it does break it though, the trend remains bearish short-term towards Support 1 (152.50). ------------------------------------------------------------------------------- ** 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:TSLA
by TradingShot
Tesla Offers Free Trial Period for Full Self-DrivingTesla Inc. has launched a trial period for its Full Self-Driving (FSD) technology to US customers, enabling them to test the service regardless of whether they have purchased FSD. Owners of Tesla vehicles meeting FSD requirements, including those who bought their electric cars earlier, are also encouraged to participate. With the installation of Full Self-Driving priced at 12,000 USD, Tesla anticipates that some customers will choose to pay for FSD after the trial period, potentially boosting the company's revenue and net profit. Tesla's sales volumes and margins are under pressure due to price competition with other manufacturers and decreasing demand. Given these developments, an analysis of Tesla Inc.'s (TSLA) stock chart is warranted. On the daily (D1) timeframe, a support level was established at 160.51 USD, with resistance at 182.87 USD. An attempt to break the downward trend is underway, and breaching the 182.87 USD resistance would indicate the start of an upward trend. On the hourly (H1) timeframe, long positions might be of interest after breaking through the 182.87 USD level, with a short-term target at 205.60 USD. Maintaining a long position up to 233.87 USD could be considered in the medium term. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NASDAQ:TSLA
by RoboMarkets
F Bearish Bias Again SHORTFORD ( F) on a weekly chart is in a falling wedge pattern. Fundamentally, it is challenged by the EV vs hybrid dynamic, weak EV sales and the federal slowly ramping up MPG requirements as potentially rising gasoline prices affecting consumer decisions away from the gas consuming F-150 where the profits are the highest. Unless F can breakout of the falling wedge, price could compress further in the wedge with a move down as far as 9. At present F is testing the upper resistance descending trendline. The predictive algorithm suggests it will be rejected and fall. I am entering a short trade here for a long term swing.
NYSE:FShort
by AwesomeAvani
Tesla - Wait For The CloseHello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: After Tesla started an insane pump of + 3.200% in 2019, we saw a top being created in 2021 and since then, Tesla has been trending towards the downside. You can also see that there is a significant horizontal structure level at the $200 area and Tesla is about to break this level towards the downside. It is best to wait for the monthly candle close before taking new trades. -------- 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
6
Tesla's Stock: Riding the Waves of Uncertainty Towards ClarityIn the ebbs and flows of the stock market, Tesla, once a stalwart driving force, finds itself in an unexpected position. As indices surge, Tesla's stock tumbles, raising questions about its trajectory and the narratives woven around its future. The dichotomy between bullish optimism and bearish skepticism presents investors with a conundrum: is Tesla's downturn a fleeting blip or a harbinger of deeper shifts? The tale of Tesla's recent performance is one of contrasting fortunes. While the broader market marches onward, Tesla's shares have nosedived by an alarming 34% year to date. The disparity is stark, with Tesla now resting 60% below its historical highs, juxtaposed against a Nasdaq-100 index nearing record levels. This dissonance compels us to scrutinize Tesla's current position and forecast its trajectory with nuance. Proponents of Tesla's resilience argue that the current slump offers a prime opportunity for entry, citing the company's strategic maneuvers for future expansion. Yet, dissenting voices assert that Tesla's descent signals a necessary correction towards a more realistic valuation, one commensurate with its maturing status in the automotive landscape. Parsing through the data reveals a complex narrative underpinning Tesla's recent woes and its future prospects. Despite the tumultuous stock performance, Tesla's relentless march in unit volumes underscores its ascendancy as a formidable automotive player. In 2023 alone, Tesla delivered a staggering 1.8 million vehicles globally, solidifying its dominance across the electric vehicle spectrum and transcending conventional automotive boundaries. However, this surge in volumes has not been without compromise. Tesla's strategic pivot towards more affordable offerings, epitomized by the Model 3 and Y, has catalyzed a downward spiral in prices. The ensuing price reductions, coupled with intensifying market competition, have precipitated a decline in margins and revenue growth. While revenue witnessed a modest uptick to $97 billion in 2023, the growth trajectory decelerated markedly, echoing concerns about Tesla's profitability amidst its quest for market expansion. Looking ahead, Tesla's roadmap to sustain growth hinges on democratizing access to electric vehicles. The company's foray into unveiling a more affordable vehicle, slated for potential debut by 2025, underscores its commitment to broadening its consumer base. Yet, the efficacy of this strategy remains contingent on Tesla's ability to navigate the delicate balance between sales volume expansion and revenue optimization. Crucially, investors must eschew myopic assessments tethered to current earnings and instead pivot towards prognosticating future trajectories. By extrapolating Tesla's potential sales volumes and applying conservative profit margin estimations, we unearth a sobering reality: Tesla's stock might face headwinds in the coming years, with its price-to-earnings ratio hovering slightly above market averages. Navigating Tesla's stock amidst market turbulence demands a calibrated approach. While short-term fluctuations may tantalize opportunistic investors, a prudent evaluation of Tesla's long-term growth narrative is paramount. Whether Tesla emerges as a phoenix from the ashes of its stock downturn or grapples with prolonged stagnation remains uncertain. In the crucible of market dynamics, foresight and discernment serve as steadfast guides for investors charting Tesla's enigmatic trajectory.
NASDAQ:TSLALong
by FOREXN1
1
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
TSLA BEARISH !!Tesla (TSLA) has been an icon of innovation and disruption in the automotive industry, but recent developments indicate stormy weather ahead for the electric vehicle giant. Despite its past successes, TSLA's trajectory seems to be shifting towards a rocky road, with multiple factors signaling a potential downturn. Production Hurdles: Tesla's ambitious production targets may be difficult to sustain, especially in the face of supply chain disruptions and increasing competition in the electric vehicle market. Delays or failures in meeting these targets could significantly impact investor confidence. Regulatory Challenges: Regulatory scrutiny surrounding Tesla's Autopilot feature and concerns over safety standards pose a considerable threat to the company's growth prospects. Any adverse regulatory actions or increased oversight could lead to market volatility and downward pressure on TSLA stock. Valuation Concerns: Tesla's sky-high valuation appears increasingly disconnected from its fundamentals. With a Price-to-Earnings ratio that far exceeds industry norms, TSLA's stock may be vulnerable to a significant correction as investors reassess its growth prospects and intrinsic value. Market Saturation: As the electric vehicle market becomes more crowded, Tesla faces intensified competition from both traditional automakers and new entrants. This heightened competition could erode Tesla's market share and put downward pressure on its margins. Macroeconomic Headwinds: Economic uncertainties, including inflationary pressures and geopolitical tensions, could dampen consumer spending and reduce demand for high-priced electric vehicles. Tesla's dependence on consumer confidence and discretionary spending leaves it vulnerable to broader economic trends. Given these challenges, a bearish outlook on TSLA seems warranted. Traders may consider selling or shorting TSLA with a target price of $100, representing a potential return of 89%. This medium-term strategy aligns with the anticipated headwinds facing Tesla and offers an opportunity to profit from the stock's likely downward trajectory. As always, traders should conduct their own research and consider their risk tolerance before making any trading decisions. Keep a close eye on key developments and market trends to adjust your strategy accordingly.
NASDAQ:TSLAShort
by shazuhamza12357
1
Tesla Stock Plummet On China's Production CutTesla ( NASDAQ:TSLA ) has reduced production at its Shanghai factory amid slowing EV demand in the world's largest auto market. The move to cut production in China also comes as the global EV giant is heading towards a likely first-quarter delivery miss and has announced vehicle prices will begin to increase. Tesla ( NASDAQ:TSLA ) is reducing production at the China plant to five days a week. The output cuts started earlier in March and could continue through April, Bloomberg reported Friday. The action comes amid slowing EV growth in China and with Tesla's Shanghai facility already not producing at full capacity. Tesla ( NASDAQ:TSLA ) observers have repeatedly said in recent weeks that global inventory appears high. This week, local media reported Tesla ( NASDAQ:TSLA ) will slightly raise China list prices on Model Y vehicles starting on April 1, following similar plans in the U.S. and Europe. Tesla ( NASDAQ:TSLA ) is also offering discounts between $1,000-$1,500 in China on inventory Model Y vehicles. Inventory discounts are more significant in the U.S. and Europe. First-Quarter Deliveries Below Expectations The global EV company ended 2023 on a high in China. However, the EV dynamic in China has changed early in 2024. Tesla Chief Executive Elon Musk has also said China's EV companies are Tesla's main competition — with BYD (BYDDF), Nio (NIO), Li Auto (LI) and others all making inroads in the EV market. Tesla China delivered 60,365 in February, down around 19% compared to last year, according to the China Passenger Car Association (CPCA). Chinese New Year ran for two weeks in February, from Feb. 10-Feb. 24. Tesla deliveries of China-made vehicles in January and February totaled 131,812, down 6% compared to 2023. Cutting Shanghai production would be further confirmation of weakening demand not only in China, but in Europe and other key markets. Shanghai exports to Europe have waned over the past several months, while the Tesla Berlin factory is running well below capacity. Meanwhile, with the first quarter ending soon, Tesla ( NASDAQ:TSLA ) appears to be heading for a delivery miss. Wall Street consensus currently still has Q1 deliveries of 481,000 units, according to FactSet, but many analysts have cut predictions in recent days. Tesla is expected to report Q1 deliveries in early April. Tesla Stock Performance TSLA shares fell 3.3% to 167.14 during market action Friday. Tesla ( NASDAQ:TSLA ) shares has a weak Relative Strength Index (RSI) of 38.26 indicating selling pressure. Last week, Tesla ( NASDAQ:TSLA ) stock dropped 6.7% to 163.57, hitting new 2024 lows and levels not seen since May 2023. NASDAQ:TSLA is down more than 14% in March and the biggest loser on the S&P 500 index so far in 2024. UBS last week cut its Tesla stock price target to 165, from 225, and maintained a neutral rating on the shares. UBS lowered its Q1 delivery forecast to 432,000 units, from its previous 466,000 view. The firm also cut full-year deliveries to 1.96 million units, from 2.02 million previously. With 2023 in retrospect, analyst consensus now has 2024 Tesla earnings below 2023's level. That signals another year of earnings declines for this growth stock. Wall Street expects Tesla earnings per share of just $2.96 a share in 2024, according to FactSet. That would be around a 5% decline vs. last year's $3.12.
NASDAQ:TSLAShort
by DEXWireNews