TESLA's DILEMMA: A Long-Term Trap or an Opportunity?Brief About the Chart
Descending Channel with Breakout: Tesla (TSLA) traded in a descending channel on the weekly chart from late 2022 to early 2025, with a breakout above the upper boundary (around $300) leading to a rally to $475, followed by a pullback to $248.71, now consolidating near the 50-week moving average.
Fundamental Analysis
Big Player in EV: Tesla is a top name in electric vehicles, holding about 19% of the global market in 2024, and its new products like Cybertruck make it strong for future growth.
More Sales Expected: Teslaโs sales might grow in 2025 because of bigger factories in Shanghai and Texas, with experts saying sales could rise by 15-20% this year.
Profit Worries: Teslaโs profits dropped a bit in 2024 due to price cuts, but better demand and cost-saving steps can help it make more money in the long run.
Latest News (Long-Term Focused)
EV Market Growth: A report says global EV sales might grow 25% in 2025 and keep rising till 2030 due to cheaper batteries and government support, which is great for Tesla (Livemint, March 18, 2025).
Teslaโs Robotaxi Plans: Tesla is working on self-driving robotaxis, with plans to launch them by 2026, which could add billions to its revenue in the future (Investopedia, March 19, 2025).
Battery Tech Push: Tesla is investing in new battery tech to cut costs by 30% over the next 5 years, making its cars cheaper and boosting sales (Yahoo Finance, March 20, 2025).
Conclusion
Since this is a long-term view, Teslaโs current price of $248.71, after a breakout from a descending channel and a pullback to a key support level, indicates that this is indeed not a bad place to start investing in the stock at all. However, more attention is needed in order to analyze the entry, particularly by monitoring whether the stock holds above the $245 support level and shows signs of renewed momentum on the weekly chart.