Tesla Daily Correction then back down again? Based on our Monthly and Weekly Thesis: Tesla seems to be correcting up which I assume will either hit our black fib line or possibly back into our pitchfork lines which overlap with our fib lines making that resistance much more harder to break; please see drawing.
For me to continue with the bearish thesis I must see Tesla hold at one of those lines then punch down to the 174 price area to confirm our Weekly and Monthly vision.
Currently based on the data we are correcting up however stay tuned for our four analysis on the market
MB Trader
Teslaidea
Tesla Weekly Analysis ? Bearish quite possibly Weekly: Tesla:
My thesis is if we continue bearish and break the pitchfork resistance at the 200 area we will then go down to 176 range which could possibly see some type of correction before continuing to head to our first goal which is 142.93 which then we could see a correction before heading further south.
The key here is with the bearish thesis is to make sure we break the 205 area , then 190 then go to 180 range first before this thesis becomes more true and evident to our lower targets.
Let me know what you think ?
MB Trader
Tesla is closing to resistance level, More Correction?Firstly, Tesla is closing to the downtrend line, which might be rejected to drop.
Secondly, the high volume candle shares the same level with this resistance area, double confirmed the importance of this resistance level.
So, in my opinion, it may go bullish after break above the resistance level.
Tesla (TSLA) VOL 2. | Retest After The Breakout!Hi,
Some months ago I shared the Tesla idea, and it worked out perfectly!
Now the second opportunity, we have seen that the price of Tesla has made a breakout from the trendline. It has seen quite a few attempts to break through it, all failed but not the last attempt, the last attempt was quite powerful and the retest area is also quite strong so these are the major reasons I would like to share this idea.
Obviously, do your own work but if it is matching with mine then you are probably ready to go ;)
Good luck,
Vaido
Can Humanoid Robots Propel Tesla to a $25 Trillion Market Cap?Elon Musk's Optimus Gambit: Can Humanoid Robots Propel Tesla to a $25 Trillion Market Cap?
Elon Musk, the ever-optimistic CEO of Tesla, sent shockwaves through the financial world at the company's 2024 annual shareholder meeting. He claimed that Tesla's humanoid robots, codenamed Optimus, have the potential to skyrocket the company's market capitalization to a staggering $25 trillion – a figure exceeding half the current value of the entire S&P 500! This ambitious statement has ignited a firestorm of debate, with analysts and investors left to ponder the feasibility of Musk's vision.
Tesla's current market cap sits around $580 billion, a significant achievement but a far cry from Musk's $25 trillion target. To reach that level, Tesla's stock price would need to undergo a monumental increase. For context, the entire S&P 500, a collection of the 500 largest publicly traded companies in the US, boasts a market cap of $45.5 trillion. For a single company to surpass half that value signifies a monumental shift in the technological and economic landscape.
Musk's optimism hinges on the capabilities of Optimus robots. These machines, still under development, are envisioned as general-purpose humanoid robots capable of a wide range of tasks. At the shareholder meeting, Musk offered glimpses of a future where Optimus robots seamlessly integrate into human lives, performing everything from domestic chores and factory work to potentially even childcare and education.
If Tesla can deliver on these promises, the ramifications could be immense. Imagine a world where tireless robots handle repetitive and potentially dangerous tasks, freeing up human labor for more creative and strategic endeavors. Manufacturing could be revolutionized, with robots handling intricate assembly lines with unmatched precision and efficiency. The potential economic benefits are undeniable, and this is likely the vision that fuels Musk's bullish prediction.
However, skepticism abounds. Critics point to the numerous hurdles Tesla needs to overcome before Optimus can become a reality. Developing truly versatile and capable humanoid robots remains a significant technological challenge. The cost of production, the robots' safety and reliability, and the impact on human employment are all significant concerns that need to be addressed.
Furthermore, some analysts argue that Musk's $25 trillion target is simply unrealistic. While Optimus robots hold promise, it's difficult to envision a scenario where they single-handedly propel Tesla to such an unprecedented valuation. The overall market size for humanoid robots and the timeline for widespread adoption are significant uncertainties.
Despite the skepticism, Musk's vision should not be entirely dismissed. Tesla has a history of disrupting industries, and its track record in electric vehicles and autonomous driving is undeniable. If Optimus lives up to its potential, it could become a game-changer, not just for Tesla, but for society as a whole.
The coming years will be crucial in determining the fate of Musk's audacious claim. Tesla will need to demonstrate significant progress on the Optimus project, effectively navigate the technical and ethical challenges, and convince investors of the robots' transformative potential. Whether Optimus becomes the key to a $25 trillion Tesla or remains an ambitious dream is a story that will continue to unfold.
Tesla: Leading the Charge in Autonomous Driving TechnologyTesla is making significant strides in autonomous driving technology, with its Full Self-Driving (FSD) system and Hardware 4 (HW4) leading the charge.
Nvidia’s Endorsement:
Nvidia CEO Jensen Huang recently praised Tesla’s dominance in the self-driving sector, highlighting the revolutionary capabilities of Tesla’s latest FSD version 12, powered by Nvidia’s advanced chips. Despite being a Level 2 system requiring supervision, Tesla’s FSD has logged over 1.3 billion miles since its 2021 launch.
Nvidia’s Automotive Ambitions:
Tesla’s reliance on Nvidia’s chips underscores the growing synergy between the tech and automotive industries. Nvidia’s automotive revenue, though a small fraction of its data center business, is expected to become its largest enterprise vertical. The future of autonomous cars demands vast computing power, exemplified by Tesla’s expanded FSD training AI cluster using 35,000 Nvidia GPUs.
Tesla Hardware 4:
HW4 represents a significant upgrade over HW3, featuring new sensors and a more powerful FSD computer. The sensor suite includes high-resolution cameras and potentially a new radar unit, while the FSD Computer 2 boasts 20 CPU cores and improved neural network accelerators, enhancing performance to 50 TOPS.
Rollout and Future Prospects:
Tesla began equipping its vehicles with HW4 in early 2023, with plans to integrate it across its lineup, including the Model 3 and Cybertruck. Although retrofitting older models is not planned due to complexity, Tesla assures that HW3 will achieve full self-driving capabilities.
Looking Ahead: Hardware 5:
Reports suggest that Tesla is already developing Hardware 5 (HW5), expected to support Level 5 autonomous driving, further cementing Tesla’s leadership in the industry.
Conclusion:
Tesla’s continuous innovation in autonomous driving technology, supported by partnerships with tech giants like Nvidia, positions it at the forefront of the automotive revolution. With HW4 rolling out and HW5 on the horizon, Tesla is paving the way for a future of fully autonomous vehicles, integrating advanced computing with automotive engineering for safer, smarter transportation solutions.
Should You Short Tesla? A Look at China's Potential RisksShould You Short Tesla? A Look at China's Market Rebound and Potential Risks
Tesla (TSLA) stock has been on a downward spiral in 2024, and some investors are considering shorting the stock. This strategy involves borrowing shares, selling them at a high price, hoping the price falls, and then repurchasing them at a lower price to return to the lender. While China's electric vehicle (EV) market rebound and competition from local players present challenges for Tesla, shorting the stock comes with significant risks.
China's EV Market Rebound: A Double-Edged Sword
China, the world's largest EV market, experienced a slow start in 2024 due to various factors, including supply chain disruptions and COVID-19 lockdowns. However, recent reports indicate a significant rebound in April. This is good news for the overall EV industry, but it's a mixed bag for Tesla.
Tesla's China Woes:
• Sales Slump: While Chinese EV makers like BYD and NIO reported strong sales growth in April, Tesla's sales in China dropped significantly compared to the previous month. This could be due to a combination of factors:
o Increased Competition: Chinese manufacturers are offering a wider range of EVs at competitive price points, catering to local preferences.
o Brand Perception: Recent quality control issues and negative publicity might be impacting consumer trust in Tesla.
Headwinds for Tesla:
Beyond China, there are other concerns for Tesla:
• Job Cuts and Demand Concerns: Tesla's recent job cuts fueled speculation about weakening global demand, potentially leading to production slowdowns.
• Macroeconomic Factors: Rising interest rates and inflation could dampen consumer spending on high-priced EVs.
• Increased Competition: Legacy automakers are aggressively entering the EV market with advanced technology and established production capabilities.
The Case Against Shorting Tesla
Despite these challenges, shorting Tesla comes with inherent risks:
• Short Squeeze: If Tesla's stock price unexpectedly rises, short sellers face significant losses as they scramble to repurchase shares at a higher price. Tesla has a large and passionate fanbase who might jump in to buy the dip, further squeezing short positions.
• Elon Musk Factor: Tesla CEO Elon Musk is known for his unpredictable actions and ability to rally investor sentiment. A positive announcement or innovation could trigger a sharp stock price increase, catching short sellers off guard.
• Long-Term Potential: Tesla remains a leader in EV technology and innovation. The company continues to invest in R&D and expand its production capacity, potentially positioning itself for future growth.
Alternative Strategies
Instead of shorting Tesla, investors might consider these options:
• Put Options: Put options allow investors to profit if the stock price falls. This strategy offers limited downside risk compared to shorting.
• Investing in Competitors: Investors could look at Chinese EV companies that are gaining market share, potentially benefiting from the rebounding market.
• Hedging: Combining long positions in Tesla with short positions in other EV stocks can create a more balanced portfolio.
Conclusion
TESLA $TSLA | TESLA MOMENTUM AFTER EARNINGS - Apr. 24th, 2024TESLA NASDAQ:TSLA | TESLA MOMENTUM AFTER EARNINGS - Apr. 24th, 2024
BUY/LONG ZONE (GREEN): $165.00 - $181.00
DO NOT TRADE/DNT ZONE (WHITE): $160.00 - $165.00
SELL/SHORT ZONE (RED): $141.25 - $160.00
Weekly: Bearish
Daily: Bearish
4H/2H: DNT, lean bullish
NASDAQ:TSLA earnings report yesterday had price move around 16% to the upside. Currently price has pulled back to around only a 10% gain. I tightened the new DNT zone so bears and bulls can have early entries in their respective directions. Bulls should be looking for a close above 165.00 and bears should be looking for a close below 160.00.
I did not label every level of importance because I didn't want to make the charts too messy and I used the 2H timeframe today instead of the 4H because I wanted to show the extra price action.
Linked below are the two previous ideas from this year!
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!
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TESLA $TSLA - April 8th, 2024TESLA NASDAQ:TSLA - April 8th, 2024
BUY/LONG ZONE (GREEN): $181.00 - $208.50
DO NOT TRADE/DNT ZONE (WHITE): $162.00 - $181.00
SELL/SHORT ZONE (RED): $135.00 - $162.00
Weekly: Bearish
Daily: DNT - Lean Bearish
4H: DNT
NASDAQ:TSLA has been trading through a clean range for about a month now. There was strong bearish momentum that ran through my DNT zone and into my bearish zone before creating the range. There have been four tests to the bottom level of the zone @ 166.00/162.00 and three tests to the top level of the zone @ 177.50/181.00, currently approaching a potential fourth test of the top of the zone.
For early entries for bulls and bears all of the zones can be adjusted as follows (shortening DNT zone, extending bearish and bullish zones):
Bullish: $177.50 - $208.50
DNT: $166.00 - $177.50
Bearish: $135.00 - $166.00
The weekly timeframe has strong bearish structure, the daily timeframe has the range shown but still holds bearish structure, and the 4H timeframe most recently has developed bearish structure but has created the range so I have labeled it as DNT as there is no clear direction that price is following.
There have been slight level adjustments compared to my previous post that better fit the current structure price has created. I have drawn arrows on the range for easier distinction for what I am looking at, combined with potential breakout arrows and potential breakdown arrows. Both the bulls and the bears have roughly a 15% +/- price change as the targets I have shown.
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!
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Tesla Stock in Limbo: A 43% Plunge Leaves Investors Wary Ahead oTesla, once the undisputed champion of the electric vehicle (EV) market, finds itself in a precarious position. The company's stock price has been on a downward spiral, tumbling nearly 43% in the last month. This dramatic decline has left investors apprehensive as Tesla prepares to report its earnings.
Several factors are contributing to the bearish sentiment surrounding Tesla. Firstly, concerns are swirling about the company's business strategy. Sales of electric vehicles have dipped, raising questions about whether Tesla can maintain its growth trajectory. The much-anticipated Cybertruck has yet to materialize, and delays in the rollout of the cheaper electric vehicle have further dampened investor enthusiasm.
Elon Musk, Tesla's enigmatic CEO, hasn't helped matters. His focus on ventures outside of Tesla, coupled with his penchant for making controversial pronouncements, has sown seeds of doubt among some investors. They worry that Musk's attention is divided, potentially hindering Tesla's ability to navigate the increasingly competitive EV landscape.
Adding to the woes is the overall market correction. Rising interest rates and inflation have dampened investor appetite for growth stocks, a category Tesla once dominated. Tesla's lofty valuation, currently sitting at nearly 47 times forward earnings, also makes it a prime target for a sell-off. This high valuation is particularly concerning given the recent sales slump and the uncertain outlook for the EV market.
However, there is a silver lining. The recent plunge has pushed Tesla's stock price into what some analysts call "no man's land." This means there's a significant gap between the current price and potential downside. While the stock could fall further, the dramatic decline has already priced in a considerable amount of negativity. This could pave the way for a "relief rally" if Tesla's earnings report isn't a complete disaster.
Some analysts believe the negative sentiment has been overblown. They argue that Tesla's brand recognition and technological prowess still position it well for the future. The upcoming launch of the Robotaxi service in August could be a game-changer, generating new revenue streams and reigniting investor confidence.
The coming weeks will be crucial for Tesla. The earnings report will be a watershed moment, determining whether the company can regain its footing or succumb to the current headwinds. Investors will be keenly watching for any signs of a turnaround in sales, updates on the Cybertruck and the cheaper EV rollout, and any concrete plans for the Robotaxi service.
Tesla's story is far from over. The company's future hinges on its ability to navigate the current challenges, deliver on its promises, and adapt to the evolving EV market. Only time will tell if Tesla can emerge from this "no man's land" and reclaim its pole position in the electric vehicle revolution.
🚀Achieving a 608% Return in 1.5 Years with Tesla🎉Strategic Accumulation and Staggered Profit Realization: A Tesla Inc. Trading Blueprint
As we navigate through the dynamic realms of the stock market, strategic positioning in robust companies like Tesla Inc. has often rewarded investors with significant returns. This analysis showcases a meticulous approach to capitalizing on Tesla's stock through a well-planned buying and phased selling strategy.
Starting with a foundational investment, a series of calculated purchases were executed during Tesla's undulating price journey. The initial acquisition was made at $141.80, followed by a secondary purchase at $120.05, and a strategic third buy at a favorable $81.87, each funded with $10k. This average-down approach not only reduced the overall cost basis but also positioned the investment for amplified returns during price surges.
Moving on to the realization of profits, a phased selling strategy was implemented. The first tranche of stock was sold at $299, representing a significant uptrend from the averaged buying price. The subsequent sell-offs were at even more elevated price points of $637 and $1355, each constituting one-third and the final tranche a slightly larger portion of the holdings, at thirty-four percent.
This trading strategy emphasizes the importance of patience and discipline, ensuring that each sell-off point was not prematurely triggered but rather aligned with substantial price appreciations, marking a staggering overall gain.
By sharing this strategy and its successful outcome, I aim to inspire and equip fellow traders with a framework that underscores timing, accumulation, and strategic exits in trading sessions. May this insight serve as a beacon for your trading endeavors on the tumultuous seas of the stock market.
Tesla Loses Half-Trillion Dollar Shine: Bulls Feeling the SqueezTesla, the electric vehicle (EV) pioneer, has hit a rough patch in 2024. This week, the company's market valuation slipped below $500 billion, marking a significant blow to investors who had placed big bets on Tesla's continued growth.
Several factors seem to be contributing to Tesla's woes. Firstly, concerns are mounting about the company's ability to maintain its breakneck growth trajectory. Recent reports indicate weaker-than-expected sales figures, leading some analysts to question whether Tesla can meet its ambitious production targets. Adding fuel to the fire, Tesla announced a round of job cuts this week, further amplifying anxieties about slowing growth. is decline coincides with a broader slump in the company's stock price, which has shed a staggering 37% so far this year.
Secondly, a recent exodus of high-ranking executives has rattled investor confidence. Several key figures have departed Tesla in recent months, leaving a void in leadership This instability at the top management level has cast a shadow over the company's future direction.
These developments have significantly dampened the enthusiasm of investors who had previously been bullish on Tesla. The company's stock has become one of the worst performers on the prestigious S&P 500 Index in 2024, erasing a colossal $290 billion in shareholder wealth. This decline marks a stark turnaround from the meteoric rise Tesla experienced in previous years, when its stock price soared on the promise of a revolutionary electric vehicle future.
However, some analysts remain optimistic about Tesla's long-term prospects. They point to the company's continued innovation in battery technology and its lead in the EV market as reasons for hope. They argue that the recent stock price slump presents a buying opportunity for those with a long-term investment horizon.
"Tesla has been through disasters before," said one analyst, "We maintain our outperform rating on the stock." This sentiment is echoed by others who believe that Tesla's core strengths remain unmatched and that the current challenges are merely temporary hurdles.
Only time will tell whether Tesla can weather this storm and reclaim its former glory. The coming months will be crucial as the company strives to address concerns about slowing growth, leadership changes, and a softening market. Tesla's ability to reignite investor confidence and reignite sales growth will determine whether the bulls can once again take the reins.
Tesla's Production Numbers in Last QuarterI wanted to bring to your attention the recent news regarding Tesla's Q1 2024 deliveries. There are reports that deliveries fell short of expectations compared to the previous quarter. This development, along with concerns about the economy and evolving consumer preferences in the electric vehicle market, could have an impact on Tesla's stock price.
It's important to consider this news along with other factors, such as Tesla's long-term position in the EV space and overall market conditions when making investment decisions.
As always, it is important to conduct thorough research and analysis before making any investment decisions. Please feel free to reach out in the comments if you have any questions or would like to discuss this further.
Tesla - Wait For The CloseHello Traders, welcome to today's analysis of Tesla.
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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.
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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.
TESLA $TSLA - Nov. 7th, 2023Tesla NASDAQ:TSLA NASDAQ TVC:NDQ TVC:NDQ US100
BUY/LONG ZONE (GREEN): $234.10 - $262.90
DO NOT TRADE/DNT ZONE (WHITE): $216.76 - $234.10
SELL/SHORT ZONE (RED): $166.31 - $216.76
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!
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! ;)
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