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Tesla

BLACKROCK TP 806 As of the most recent data, the stock price for BLK is approximately $803.981. Here are some relevant points to consider: Analyst Consensus Price Target (2024): The average consensus price target for BlackRock is $796.00, with a range from $542.00 (low) to $938.00 (high). This indicates a potential upside of approximately 0.60% from the current price. Long-Term Forecast (2025): Based on technical indicators, the current sentiment is bearish, but BLK could still hit $1,167.96 by 20252. Keep in mind that trading in bearish markets can be challenging and may result in losses. Long-Term Price Forecast (2050): Analysts predict that by 2050, the median target price for BLK could be $4,462.69, representing a substantial increase from the current price.
NYSE:BLKLong
by NYRUNSGLOBAL
SHOR WELLS FARGO IDEA BACK TO 48 TP KEY FACTORSThe stock price of Wells Fargo & Company (WFC) can be influenced by several key factors: Interest Rates: Wells Fargo is a big beneficiary of rising interest rates. When the Federal Reserve raises its benchmark overnight lending rate, it positively impacts banks. Wells Fargo’s margins widen as yields on interest-earning assets (such as loans) reprice higher with the federal funds rate, while the yields on interest-bearing liabilities (like deposits) remain relatively stable. The recent hawkish stance by the Fed, with expectations of multiple rate hikes, further supports Wells Fargo’s profitability. Earnings Estimates: Analysts’ revisions to earnings estimates play a crucial role. When earnings estimates for a company go up, its stock’s fair value tends to increase as well. Wells Fargo’s expected earnings per share for the current quarter and fiscal year are important indicators. Although the consensus estimates have changed slightly, they still impact investor sentiment. Efficiency Initiatives: Wells Fargo is conducting a multi-year efficiency initiative to cut annual expenses and streamline operations. If successful, this could positively affect the bank’s profitability and stock price. Asset Cap Removal: The asset cap imposed on Wells Fargo since 2018 (due to the phony-accounts scandal) restricts the bank from growing its balance sheet. Investors hope that the removal of this cap will enhance the stock’s valuation and overall performance.
NYSE:WFCShort
by NYRUNSGLOBAL
TESLA Expected Growth! BUY! My dear subscribers, This is my opinion on the TESLA next move: The instrument tests an important psychological level 164.86 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 175.58 My Stop Loss - 158.48 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
NASDAQ:TSLALong
by AnabelSignals
1
TESLA Is this a W-shaped recovery?Tesla (TSLA) held Support 1 (160.50) last Friday, in fact it touched it and rebounded immediately making a technical Double Bottom formation. Yesterday it broke and closed above the 4H MA50 (blue trend-line) for the first time since March 04, providing s serious bullish continuation signal. The most important development however, is that this Double Bottom has strong probabilities of giving a W-shaped recovery pattern. A break above the 1D MA50 (red trend-line) will technically confirm that, as it will be the first time above it in 3 months (since January 09). We can already see the 4H RSI on Higher Lows, i.e. a Bullish Divergence, which favors these probabilities. Our short-term Target is 205.00 (marginally 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:TSLALong
by TradingShot
6
$TSLA - BULLISH FIB Extension $504.51 and $753.38TSLA is trading at a potential bullish double bottom which could bounce off its 4 year support level around the mid $160s. If it bounces on the weekly, look for a continued bull trend. By applying a Fib extension, look for a price objective potential of hitting $504.51 and $753.38 in the foreseeable future from a technical setup. TSLA is currently in a 4 year consolidation period, watch for a breakout to all time highs if it takes out the $260s after a potential double bottom reversal.
NASDAQ:TSLALong
by TheTradingStar
15
TESLA Is it making a 'META Bottom'?Tesla / TSLA has made a Double Bottom on Friday and today is making a run for the 1day MA50. This is an important level as since January 9th (3 months) it has been the Resistance and hasn't been broken. But can this Double Bottom for Tesla be a 'META bottom', like the one the social media giant had in November 2022? Both fractals formed Lower Highs under a Falling Resistance before bottoming, so if Tesla crosses over the 1day MA50, we see no reason why it shouldn't finally sustain a rally that will break above the Falling Resistance. META's first target before the first pull back was the 0.786 Fibonacci. Buy and target 260.00 (slightly under the 0.786 Fibonacci). Follow us, like the idea and leave a comment below!!
NASDAQ:TSLALong
by TheCryptagon
TSLA - Weekly Inflection PointDaily is winding up to an inflection point, while the weekly is getting close as well. I'm favoring the bearish break; but there is a chance for a bullish reversal- so time will tell. What I can say is that we're approaching a conclusive point in time that will send price with signifcant momentum in either direction. When I look for an inflection point I watch for consolidating momentum. In turn I watch for breaks that releases the built up energy. Previous Analysis:
NASDAQ:TSLAShort
by Mikhiavelli
TESLA $TSLA - Feb. 16th, 2024Tesla NASDAQ:TSLA NASDAQ TVC:NDQ BUY/LONG ZONE (GREEN): $195.75 - $260.50 (BUY ZONE ADJUSTABLE DOWN TO 208.50) DO NOT TRADE/DNT ZONE (WHITE): $177.25 - $195.75 (DNT ZONE ADJUSTABLE UP TO $208.50) SELL/SHORT ZONE (RED): $113.00 - $177.25 Tesla broke out of its range lasting from Jan. 25th - Feb 15th. Breakout price was at 195.75, the Feb 15th daily candle broke and closed above this price level. This can mark a bullish trend, however; a safer bullish zone can be extended to start at 208.50, with the DNT zone also extending to end at 208.50. I personally like the early entries after a strong bullish candle yesterday with over a +6% move. Some other high frame bullish entries could be a retest of the top of the range, or a breakout of the 208.50 area. Some high frame bearish entries could be a test and rejection of the 208.50 area, or a break back into the range area. Long term targets would be the 230 - 260 area, would need another look once price moves closer. I quickly marked every recent structure 1 - 6 that I considered when looking to enter a new position to show somewhat where my mind was at. As price moves to new levels and zones and develops new structure I will update this. 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!
NASDAQ:TSLALong
by TonyAiello
$TSLA Bearish to Bullish Break Coming SoonNASDAQ:TSLA Bearish to Bullish Break out Coming Soon with bottoming pattern. Waiting for a buy alert from our indicator before we go long. The technical analysis description "Bearish to Bullish Breakout to the upside" typically indicates a transition in market sentiment from a bearish trend to a bullish trend, accompanied by a significant upward price movement. This breakout suggests that the previous downward trend in prices has been overcome, and there is now potential for further upward momentum in the market. Traders and investors often interpret this breakout as a signal to enter bullish positions or to adjust their trading strategies to capitalize on the anticipated upward movement in prices.
NASDAQ:TSLALong
by AlgoTradeAlert
Tesla's Robotaxi Set to be Unveil Amidst Investor SkepticismTesla's journey on the stock market has been nothing short of tumultuous in recent times, as the electric vehicle (EV) giant grapples with diverging narratives surrounding its futuristic promises and current market challenges. Elon Musk, Tesla's enigmatic CEO, once again sought to change the narrative by teasing the long-awaited robotaxi unveiling, scheduled for August 8th. This announcement, following a denial of reports about shelving plans for a cheaper electric vehicle, prompted a surge in Tesla's shares in extended trading. However, amidst the hype, questions linger about the feasibility of Musk's grand vision. Tesla's history is peppered with ambitious promises and delayed deliveries. Musk's predictions about autonomous vehicles, including the much-touted robotaxi, have yet to materialize despite years of anticipation. Regulatory hurdles, technical challenges, and manufacturing setbacks have impeded progress, casting doubt on the viability of Musk's ambitious timelines. Despite Musk's attempts to steer attention towards the future, Tesla's present struggles remain undeniable. Sluggish demand, intensified competition, and supply chain disruptions have weighed heavily on the company's performance. Tesla's first-quarter deliveries witnessed an 8.5% drop from the previous year, contributing to a sharp decline in share value. The regulatory landscape further complicates Tesla's path forward. Recent recalls and safety concerns surrounding Tesla's Full Self-Driving (FSD) software underscore the challenges of gaining regulatory approval for autonomous vehicles. Convincing regulators of the safety and reliability of Tesla's technology remains a formidable task, one that could significantly impact the trajectory of the company's autonomous ambitions. As Tesla ( NASDAQ:TSLA ) navigates these challenges, investor skepticism looms large. Analysts have questioned Tesla's growth prospects amidst a backdrop of sluggish demand and mounting competition. The recent selloff in Tesla's shares reflects growing concerns about the company's ability to deliver on its lofty promises amidst a volatile market environment. Tesla's future hinges on its ability to bridge the gap between promise and reality, demonstrating tangible progress in delivering on its ambitious vision while addressing present-day challenges. The upcoming robotaxi may capture headlines, but the road ahead for Tesla ( NASDAQ:TSLA ) remains fraught with uncertainty. Technical Outlook Technically, NASDAQ:TSLA stock has accumulated liquidity during its worst market days coupled with the release of its Robotaxi, it will capitalize on its gains as more buyers step in and then surge to a new Resistance level. The Relative Strength Index (RSI) at 45.09 is pretty much good for a perfect entry as NASDAQ:TSLA is on its way to a new Resistance zone.
NASDAQ:TSLALong
by DEXWireNews
NVIDIA SL 850 TO 1000 ENTER BETWEEN THIS LEVELS Dominance in AI and Software Solutions: NVIDIA stands out as a leader in software and AI solutions. Its technology is crucial for various applications, including AI training, autonomous driving, and the metaverse. The company’s strong position in these areas provides a solid foundation for growth1. Beat-and-Raise Potential: NVIDIA is expected to deliver a strong earnings report. Despite high demand for its artificial-intelligence hardware, the company may still outperform expectations. Analysts anticipate a beat-and-raise scenario, which could drive the stock price higher1. Long-Term Tailwinds: The secular trends favoring AI, autonomous driving, and the metaverse are long-term tailwinds for NVIDIA. As these technologies continue to evolve, NVIDIA’s revenue streams from software and AI solutions are likely to grow consistently1. Trade Strategy Entry Point: Consider entering the trade when NVIDIA’s stock price is around the current market price (approximately $434.86). Stop Loss: Set a stop loss at $850. If the stock price drops to this level, exit the position to limit losses. Take Profit: Aim for a take profit target of $1000. If the stock reaches this level, consider selling to lock in profits.
NASDAQ:NVDALong
by NYRUNSGLOBAL
2
Tesla Stock Down 30% This Year. What Happened to the EV King?The electric-car maker is in dire need of charging after losing more than $260 billion this year and turning Elon Musk into the biggest loser among the world’s wealthiest. Table of Contents » How It Started vs How It’s Going » Nothing Magnificent About It » Competition Revs Up » Teslas Pile Up on Weak Demand » If You’re Having a Bad Day, Read This 📍 How It Started vs How It’s Going Tesla (ticker: TSLA ) kicked off the year as the big tech highflyer we all know. With a valuation of more than $780 billion, the electric-car maker stepped into 2024 as the world’s largest EV seller. Deliveries were standing at record highs and chief executive Elon Musk was the world’s richest person and was looking at a gargantuan $55 billion pay day. All of that was taken away in one way or another. Chinese automaker BYD (ticker: 1211 ) dethroned the EV kingpin by selling 526,000 EVs for the fourth quarter of 2023, more than Tesla’s 484,000. Even as Tesla reclaimed the top spot in the January through March quarter, it flagged a worrying signal that its business was shrinking. As for Elon Musk, he lost a court battle over his lofty $55 billion pay package when a judge called it “an unfathomable sum.” Shortly before that, he handed the World’s Richest title to Amazon founder Jeff Bezos . 📍 Nothing Magnificent About It Chugging through first-quarter twists and turns, Tesla drifted away from the highly exclusive club called the “Magnificent Seven.” The group of companies with a snappy nickname is made up of Microsoft (ticker: MSFT ), Nvidia (ticker: NVDA ), Facebook parent Meta (ticker: META ), Google parent Alphabet (ticker: GOOGL ), Amazon (ticker: AMZN ), Apple (ticker: AAPL ), and outsider-in-the-making Tesla (ticker: TSLA ). How did that happen and why is Tesla at risk of falling out of the Magnificent Seven? Tesla’s valuation — which is notoriously volatile and hard to pinpoint — saw a massive 30% drop over the first three months of 2024, turning the stock into the worst performer in the S&P 500. More than $260 billion has been washed out since early January, giving the EV maker a price tag of around $520 billion today. Zoom further out, and you see Tesla peaked during the Reddit stocks meme-trading era of 2021 when shares hit an all-time high of $417. Back then, Tesla became the first car manufacturer to break into the $1 trillion club. Tesla stock has lost about a third of its valuation this year. Source: TradingView The drastic fall spotlights a stark difference between Tesla and the rest of the Magnificent Seven big shots. The other tech giants are at the top of well-developed yet competitive industries. Take for example Microsoft — the software mainstay has created for itself a competitive moat in the enterprise and retail software business. Tesla, on the other hand, is the trailblazer for the EV revolution but charged up rivals are shifting gears, threatening to soak up market share fast. 📍 Competition Revs Up Chinese smartphone maker Xiaomi (ticker: 1810 ) last week unveiled a slick-looking, tech-rich electric ride. The model is called SU7 and it clocked up 10,000 reservations in the first 4 minutes after launch. Then it got to 89,000 in 24 hours. The successful launch bumped Xiaomi’s market cap by $4 billion to around $50 billion, or 10 times less than Tesla. The SU7, however, is priced lower than a high-end Model 3. Tesla has more rivals to outsell, among them BYD (ticker: 1211 ) and the more-niche player Rivian (ticker: RIVN ). Rivian is an EV startup that marked a 70% increase in sales for the first quarter. The number, however, is a tiny 13,980 units delivered. 📍 Teslas Pile Up on Weak Demand Tesla’s year went from bad to worse this week when it announced it had delivered 386,810 EVs in the first quarter. The number was about 20,000 below the most bearish forecast on Wall Street. It was also 9% lower than last year’s first quarter, indicating that the company’s business is shrinking. More importantly, Tesla produced 433,371 units, leaving about 46,000 waiting to be purchased by customers. The difference between production and deliveries meant that unsold models are piling up. A demand issue maybe? 📍 If You’re Having a Bad Day, Read This In all that chaos, Elon Musk emerged as the world’s worst moneymaker, taking a huge blow to his net worth so far this year. According to the Bloomberg Billionaires Index , the eccentric engineer is down $45 billion to roughly $180 billion, taking the number one spot on the loser board. Elon Musk owns a 20.5% stake in Tesla worth about $120 billion, according to a December 31 filing . The stake consists of 411 million shares of common stock and 303 million stock options with a strike price of $26 a pop. The majority of Musk’s wealth is concentrated in his EV company, but he also owns private social media platform X, former Twitter, and space exploration company SpaceX, among other businesses. 📍 What’s Your Take? Are you buying the dip in Tesla stock? Or are you waiting for a deeper drop before scooping up some shares for yourself? Let us know your thoughts on Tesla’s future in the comments below! 🚀if you liked this article, give us a follow to make sure you don't miss any. 💖 TradingView Team
Editors' picks
NASDAQ:TSLA
by TradingView
38
Tesla's Alternate Scenario 📈🔍Regrettably, our Tesla trade within the 2-hour timeframe faced an unexpected stop-out. The anticipated completion of Wave 2 hasn't manifested, evident in the broader timeframe. Initially, we presumed it concluded at 50%, specifically at Wave C around $195. This presumption was invalidated post the recent earnings call, signaling a potential double correction. Consequently, we envisage establishing the bottom for Wave 2 within the range of 61.8% and 78.6%. Should this support falter, the price may decline, reaching at least $100. A breach below this level introduces an entirely different narrative for Tesla. It is crucial for the level to hold; otherwise, the bullish scenario could be flawed and invalidated. In the midst of selling pressure, opportunities often emerge, particularly during a Wave 2 correction. It is characteristic that circumstances may appear more challenging than when Tesla was valued at $100. Therefore, our expectation revolves around a reversal between $177 and $144, paving the way for a subsequent surge towards $500. 📈🔍
NASDAQ:TSLALong
by stromm_by_wmc
TESLA: Bottom is being priced. $470 end of year possible.Tesla is bearish on all long term timeframes 1D, 1W and 1M. The lowest RSI is on the 1W technical outlook (RSI = 37.118, MACD = -15.730, ADX = 32.394), which is the chart we focus today on. The stock has been inside a Channel Down since the July 2023 High, which was Lower High on the LH trendline that started on the ATH. We have spotted a striking resemblance of that pattern with 2014-2016. That pattern found support after the LH rejection on the 0.618 Fibonacci level and then rebounded aggressively to a new ATH on the 1.382 Fibonacci extension level from the pattern's Low. That rise was slightly greater than the last LH (+116.98% agains 91.32%). Tesla is on today's pattern very close to the 0.618 Fibonacci level, so we see it as a unique long term technical buy opportunity despite the recent negative fundamentals, which are being priced in since the start of the year. If you don't want to target as high as the 1.382 Fibonacci extension, take a more 'modest' approach and go for the analogous +195.79% rise, same as the last LH rally (TP = $470.00). Unique long term buy opportunity indeed to buy the industry leader. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope