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Tesla

Should you be selling your #Bitcoin for #TSLA right now?These types of rotations and range trades offer investors fantastic opportunities if these relationships continue. We have seen this for Bitcoin and it's ratio's to stocks/metals & altcoins is not a one way trade as it ONCE used to be. 2009 - 2017 was the golden #crypto era when gains were the easiest to acquire. However the low hanging fruit has been totally plucked, as #BTC's returns have crawled to not much more (or sometimes less) than the leading stocks of the day. I still maintain a $140-145k price target for this cycle for bitcoin But I also have a very aggressive long term price objective for #TESLA of $1000 (which is around 3 trillion dollars market cap)
NASDAQ:TSLA
by BallaJi
TESLA The Target Is UP! BUY! My dear subscribers, My technical analysis for TESLA is below: The price is coiling around a solid key level - 219.92 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 241.88 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
NASDAQ:TSLALong
by AnabelSignals
1
Musk's Warning to Gates Backfires: Tesla's Mixed Q2 ResultsApproximately a week ago, Elon Musk cautioned Bill Gates against shorting Tesla stock, suggesting potential negative consequences. However, the situation has shifted, with Tesla's stock price experiencing a significant $20 drop following the release of its earnings report in the aftermarket. Tesla's Q2 2024 results were a mixed bag, leaving many questions unanswered. While sales increased by 7% compared to the previous year, overall revenue from car sales declined. This news is concerning for investors who primarily view Tesla as a car manufacturer. Additional points of interest for investors include the timeline for the release of Tesla's new range of affordable vehicles designed to compete with aggressive Chinese manufacturers, which is expected in the first half of 2025. Moreover, the company has postponed plans for increased factory productivity and the unveiling of self-driving vehicles until 2025 and October 2024, respectively. The lack of clear communication from Elon Musk and his team regarding these developments has contributed to investor uncertainty and subsequently impacted the share price. Key takeaways from Tesla's Q2 2024 results Earnings per share (EPS) : $0.61, down from $0.91 in Q2 2023 but up from $0.45 in Q1 2024. Revenue : $20.16 billion, a 5% decrease compared to the same period last year, but a 16% increase from Q1 2024's $17.38 billion. Deliveries : 444,000 vehicles, exceeding expectations but still 5% lower than the same period last year. Several factors have contributed to a decrease in demand for Tesla vehicles, including high-interest rates, which make financing vehicle purchases more expensive for consumers. Additionally, the impact of Tesla's aggressive price cuts from the previous year is diminishing, and competition is intensifying, particularly in the Chinese market. In the domestic market, Tesla is losing ground to competitors like General Motors and Ford. Despite these challenges, Tesla's share price had experienced a 33% increase in the first eight days of the month, adding $209 billion to the company's valuation. Looking ahead The weekly chart indicates that Tesla's share price has rebounded from its April 2024 low of $140, surpassing the 200-day simple moving average (SMA) and the falling trendline from November 2021. Buyers will aim to reclaim the September 2023 high of $278 before targeting the 2023 high of $300. Immediate support levels are at $230 (200 SMA) and $223 (falling trendline). A drop below these levels could lead to the 100 SMA at $210 becoming a potential downside target.
NASDAQ:TSLAShort
by WHSelfInvest
TESLA Huge gap down after Earnings! Buy opportunity in disguise?Tesla (TSLA) was down more than -8.00% in pre-market trading after reporting its lowest profit margin in over five years and missing second-quarter earnings expectations. This was largely due to cut prices to revive demand and increased spending on AI projects. This however can technically be a buy opportunity in disguise as following the ATH Lower Highs trend-line of November 2021 break-out, a new bullish potential emerged and the pattern may very well be a Channel Up as so far the rally since the April 22 Low resembles the 7-month Bullish Leg following the January 06 2023 bottom. The Target can be within the Resistance 2 level and a potential +194.87% rise (previous Bullish Leg) range. We update our long-term Target to $380.00, slightly below Resistance 2. ------------------------------------------------------------------------------- ** 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
$TSLA Retesting Critical Support Range After Earnings MissIf you've been following the analysis, we've hit quite a few short-term targets... NASDAQ:TSLA NASDAQ:TSLA | So far, we've seen a 40%+ move from our entry at $145. Targets: $180 , $200 , $260 , $300, $450 After 29 weeks of analysis with consistent levels, a plan for scaling in, where to stop, and that big-picture thesis - this earnings leading into the RoboTaxi event will paint the rest of this picture. Now let's take a look at the earnings readout: Optimus Development • A significant new addition to Tesla's innovative portfolio is the development of the Optimus robot, which Elon Musk recently announced is slated for low production by 2025 and high production by 2026. • Optimus, expected to be utilized internally by Tesla as early as next year, represents a leap into robotics that could revolutionize labor and operational efficiency within Tesla’s manufacturing processes. • It would be great to learn on the earnings call about the initial integration of Optimus into Tesla’s ecosystem, its production timeline, and the expected financial and operational impacts of this groundbreaking development. Autonomous Driving • The Q2 earnings call is anticipated to shed light on Tesla’s progress with its Full Self-Driving (FSD) capabilities and the Robotaxi service. The delay in the Robotaxi rollout, while initially a setback, has allowed Tesla additional time to refine and enhance its autonomous technology. • Updates about the integration of FSD into the Robotaxi design -- which is central to Tesla's strategy in autonomous driving -- will be of interest. Tesla's vast real-world driving data fuels its AI, making continuous advancements possible and setting Tesla apart in the race towards fully autonomous vehicles. • Elon Musk's vision for transforming Tesla into a leader in mobility-as-a-service (MaaS) will also be a focus. With Tesla's autonomous tech, the company is poised to dramatically reduce transportation costs, making mobility more accessible and affordable. The introduction of the Robotaxi and potential partnerships with existing ride-hailing services could significantly expand Tesla’s market reach and influence. Energy Storage • Tesla's energy storage segment is likely to be a focal point of the Q2 earnings, following its impressive growth. In 2023 and 2024, this segment's contribution to gross profit notably rose, accounting for less than 8% of revenue in Q1 but potentially reaching or exceeding 14% if revenue doubles sequentially as anticipated • Last quarter, energy storage constituted 10.9% of Tesla’s $3.69 billion in gross profit, a significant increase from 3.7% in Q1 2023. The segment boasts a higher margin profile than Tesla’s automotive operations, achieving over a 24% gross margin in the first quarter. Despite this impressive growth, the expected surge in Q2 revenue will likely not substantially impact EPS, due to the automotive margin stabilizing around 18% • Additionally, the role of energy storage in Tesla's long-term strategy to create a more sustainable energy ecosystem will be examined, with expectations for clear plans on how Tesla intends to leverage its tech capabilities to maintain leadership in this high-potential market. China Market • Tesla's strategy and performance in China will be another significant topic in the Q2 earnings report. Given the dynamic and highly competitive nature of the Chinese EV market, Tesla is expected to outline how it is adapting its business strategy to address local competition and regulatory challenges. This includes detailing efforts to optimize its Shanghai Gigafactory's output and innovations specific to the Chinese market • Interest in Tesla’s customer engagement and marketing strategies in China, especially how Tesla plans to compete with local EV giants like NYSE:NIO , will be high. Furthermore, Tesla’s approach to managing supply chain issues, tariffs, and geopolitical tensions that could affect its operations will be critical. Earnings Estimates Q2 2024 • Sales $24.7B -- down 1% YoY • GAAP EPS $0.48 -- down 38% YoY FY Outlook • Sales $99.4B -- up 33% YoY • GAAP EPS $2.18 -- down 49% YoY Forward looking, the future looks bright...
NASDAQ:TSLA
by PennyBois
2
TESLA 300 AFTER EARNINGS ? 3 STRONG REASONS !! Strong EV Market Position: Tesla’s electric vehicles (EVs) remain popular, with the Model Y and Model 3 ranking among the top-selling vehicles in the U.S. in 2023. Even as legacy automakers enter the market, Tesla’s success suggests continued consumer preference for its vehicles. Cybertruck: Tesla’s long-awaited Cybertruck could be a game-changer. Pickup trucks have high gross profit margins, and if Tesla prices the Cybertruck right, it could boost their overall profitability1. Regulatory Credits and Rebates: As Europe tightens regulations on internal combustion engine (ICE) cars, Tesla may receive more regulatory credits (from competitors like Fiat) going forward. Full Self-Driving (FSD) Technology: Analysts estimate that Tesla’s FSD technology could potentially raise earnings per share by $1-$2 annually through the end of the decade.
NASDAQ:TSLALong
by NYRUNSGLOBAL
4
TSLA: Triangle or flat?A temporary top is most likely in for TSLA. However, it is not going to be a 90% crash in my opinion. Love or hate Elon Musk, his antiques often hurt the share price and this time is no different. So far, the price action has been beautifully filling out a triangle pattern. And if the last leg of the correction is due, then price should not break below the $146 low. Ideally, price should find support on the upward trend line somewhere around $160 in the next 4-5 months to complete the triangle pattern and give us the wave five toward 1.618 fib level of the cycle degree wave 1 to complete cycle degree wave 3. The target could be whatever Cathey or other bulls have been telling us for years. For now, we need to watch the support levels. Below $160 we need to watch $146. If that breaks, then $100 comes in the picture. If that breaks, then $64 will be the last stand. If that breaks, then $26. But, right now, let's see how the correction plays out. If it a triangle, the E leg should be shortest in length and time. If it a flat, then C wave should be strongest and sharpest and might give the impression that the levels I mentioned above might come in play but won't happen.
NASDAQ:TSLAShort
by mukit1
2
TESLA Massive pump to $360 coming based on historical behaviour.Tesla (TSLA) is recovering today after a sharp pull-back yesterday of around -14%. This marks the stock's first serious correction since the rally started in late June. Ahead of an emerging Golden Cross on the 1D time-frame, we looked at Tesla's similar historical patterns since the IPO that offer remarkable insight. First and foremost, Tesla's recent pattern has been an Inverse Head and Shoulders (IH&S), which as we've noted on a previous analysis, was its bottom reversal formation that made the price break above the 3-year Lower Highs Resistance trend-line. Similar IH&S patterns were formed in 2019/20, 2016/17 and 2012/13. So we can claim that there might be a roughly 4-year Cyclical Behavioural Pattern behind Tesla's growth. The word 'growth' is key here as after every such pattern and more importantly a correction of around -15% after breaking above the IH&S, the stock price rallied parabolically into new expansion levels. As you can see on the 2019/20 pattern the correction was around -10%, on the 2016/17 around -15% and on the 2012/13 around -15% as well. Yesterday's -14% correction along with today's sharp recovery to the 0.5 Fib (losses cut by 50%), seems to fulfil this growth pattern. As far as a Target is concerned, on all previous cases, the price reached (and even surpasses significantly) at least the 1.5 Fibonacci extension measuring from the pattern's bottom (Head of the IH&S). In 2019/20 it took the price around 1.5 month to approach the 1.5 Fib while in 2012/13 it took roughly 2 months. As a result, our new medium-term Target on Tesla is $360.00 (marginally below the 1.5 Fib). ------------------------------------------------------------------------------- ** 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:TSLALong
by TradingShot
ELLIOTT WAVES CHEAT SHEET 🏄‍♂️ 10 RulesHello, here is a cheat sheet for Elliott Waves for top 10 Rules, so you can print this out and keep on your desk. The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott (1871–1948), a professional accountant, discovered the underlying social principles and developed the analytical tools in the 1930s. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves, or simply waves. Elliott published his theory of market behavior in the book The Wave Principle in 1938, summarized it in a series of articles in Financial World magazine in 1939, and covered it most comprehensively in his final major work, Nature's Laws: The Secret of the Universe in 1946. Elliott stated that "because man is subject to rhythmical procedure, calculations having to do with his activities can be projected far into the future with a justification and certainty heretofore unattainable." The empirical validity of the Elliott wave principle remains the subject of debate.
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COINBASE:BTCUSDEducation
by ArShevelev
353
TESLA Buy the dip, correction nearly over. $285 next short-term.Tesla (TSLA) is bleeding hard today but that shouldn't if you got on that rally early like our June 13 (see chart below) buy signal suggested while the price was still trading in the low 180s: Our long-term Target remains $400.00 and today's sharp correction is nothing but a strong technical buy opportunity. In fact, this pull-back is not stranger to Tesla. The stock has seen a similar rejection near the 2.0 Fibonacci extension during its May - July 2023 rally on the June 21 2023 High. As you can see, the price declined by -13.00% back to the 1.382 Fibonacci level. At the time of the (temporary High), the 1D RSI was at 89.00, roughly where it got rejected today. The price recovered when the RSI was at 57.00. As a result, from a R/R perspective, it is worth taking another buy on the current market price and target the 2.236 Fib extension (similar to the JUly 19 2023 High) at $285.00. ------------------------------------------------------------------------------- ** 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:TSLALong
by TradingShot
2
Tesla : Approaching Key Resistance Level After Strong RallyBy analyzing #Tesla 's stock chart, we observe that after hitting the first bearish target last time, the price rose again. However, this time, the price did not drop from that level as we expected. Instead, it managed to rise powerfully to $260! Currently, Tesla is near a significant resistance level, and we need to wait for the initial reaction to this level. This analysis will be updated! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
NASDAQ:TSLAShort
by ArmanShabanTrading
5
TSLA | TESLA is OvervaluedTesla, Inc.'s second quarter earnings confirm our view that the stock is one of the most overvalued stocks in the market. Tesla's stock has been rising this year amid a sudden shift in overall market sentiment, with many investors now pricing in a soft-landing scenario after a brutal past year of Federal Reserve rate hikes. But the shift in market sentiment doesn't change the fact that Tesla's stock fundamentals are completely disconnected from reality. Tesla is a terribly overvalued stock that we think is worth closer to $26 per share instead of its current price of about $290 per share. While Tesla is profitable, its profits are nowhere near the levels needed to justify its current valuation. We recognize that Tesla's business generates an impressive return on invested capital (ROIC), which is a key measure of profitability, especially for an automaker. However, that ROIC is already declining in the trailing-twelve-month (TTM) period. Using our reverse discounted cash flow (DCF) model, we find that for the stock to have any upside at current levels, Tesla must improve its ROIC to levels not achieved by even the most profitable businesses in the world . Figure 1 shows Tesla's historical ROIC along with the future ROIC implied by its current stock price. We provide the assumptions behind this DCF scenario later in this report. Tesla's latest earnings continue to show that it is not immune to competitive challenges and will likely see lower profitability in the future. But, its valuation implies the opposite. Any investor with fiduciary duties should be aware of the growing disconnect between Tesla's current fundamentals and the future fundamentals implied by its stock price. Even in an optimistic future cash flow scenario, shares could trade as low as $26/share. All the details are below. Supply Constrained Argument Is Gone: Bulls have long argued that demand for Tesla vehicles has always exceeded the supply of vehicles. However, Tesla's multiple price cuts in 2023, along with its lackluster production levels through the first half of 2023, raise questions about just how much demand there is for Tesla vehicles, especially amid competition from rivals Ford (F), General Motors (GM) and virtually every other automaker. Q2 2023 marks Tesla's fifth consecutive quarter in which vehicles produced were greater than vehicles delivered. Tesla is no longer selling every vehicle it can make. Should demand for EVs slow, Tesla could find itself with higher than wanted inventory levels, which could lead to further price cuts and additional pressure on already falling margins. Continued Cash Burn: Despite Tesla's top line growth, it continues to burn massive amounts of cash. Over the past five years, Tesla has burned a cumulative $4.2 billion in free cash flow (FCF), including $3.6 billion over the trailing-twelve months (TTM) alone. Tesla has generated negative FCF in all but one year (2019) of its existence as a public company. Margin Decline: Tesla's "GAAP gross margin" was 18.2% in 2Q23, down from 19.3% in 1Q23 and 25.0% in 2Q22. 2Q23's GAAP gross margin was below expectations of 18.7% and remains at its lowest level since 4Q20. Tesla's operating margin is also moving the wrong direction as it scales up. After selling 211 thousand more vehicles in 2Q23 compared to 2Q22, Tesla's reported operating margin fell 493 basis points YoY in 2Q23. Tesla noted in its press release that reduced average selling prices were one of the items that impacted margins in the quarter. We would expect Tesla's margins to fall further as competition limits pricing power across the industry. While Tesla has rapidly ramped up vehicle production and deliveries, its market share must increase almost exponentially to justify the expectations baked into its stock price. However, as it stands, Tesla holds a meager share of the global auto industry, and its share of the EV market ranks behind incumbents across Europe and China. In Europe, based on sales from May 2023, Tesla holds a 12% share of the EV market, much lower than VW Group (20%) and Stellantis (STLA) at (14%).In China, also based on sales from May 2023, Tesla holds 9% of the EV market compared to a staggering 38% share for top competitor BYD. Bulls have long argued that Tesla isn't just an automaker, but rather a technology company with multiple verticals such as insurance, solar power, housing, and, yes, robots. We've long refuted these bull dreams. Regardless of the promises of developing multiple business lines, Tesla's business remains concentrated in its auto segment. Auto revenue accounted for 86% of Tesla's TTM revenue as of 2Q23.Tesla can no longer enjoy its first mover advantage as many other major automakers are producing electric vehicles. These competitors have more experience in auto production and more resources and cash flow than Tesla to invest in the electric vehicle market. Tesla is at risk of losing market share to its competitors in the electric vehicle space and its stock price is currently not reflecting that, which is a major risk for investors. Since bottoming out at the beginning of the year, the stock has come up almost 200%, stopping just shy of $300. One could say the recent selloff is due to the earnings, but technical analysis would have suggested that a selloff was due even before the earnings. Firstly, we can see that a significant bearish divergence has been building in the RSI since June. Furthermore, we have been nearing an important area of trade as highlighted by the red rectangle. The $300 level has been a key area of trade, and you’d expect to see some resistance. So if a pullback has begun where can we expect it to end? As I see it, we have formed an initial ABC structure from the lows in wave 1 of a five-wave impulse. This means that wave ii could now take us down to the 61.8% retracement of this rally, which lands us at $198. We can see that this is also a very important area of support, as shown by the Visible Range Volume Profile. And, of course, we have the 200 day Moving Average offering support around this level, too.
NASDAQ:TSLA
by moonypto