Tesla Motors (TSLA)
Best Level to BUY/HOLD TSLA 100% upside TP 500/550 USD🔸Hello traders, today let's review 8hour chart for TSLA. Entering re-accumulation stage now, expecting range bound trading during next few weeks as we enter pullback/correction. We are closing in on heavy overhead resistace / limited upside currently.
🔸The speculative chart pattern is bullish C*H in progress, expect more range locked price action for a few weeks as we re-accumulate and get ready to clear the overhead resistances. Measured move price projectiong for the C*H structure is 500/550 USD, 100%+ upside from the recommended BUY ZONE.
🔸Recommended strategy bulls: wait for TSLA to re-accumulate in the sliding bull flag formation into the liquidity zone and get ready to BUY/HOLD low near 220 USD, target based on measured move projection is 550 USD. good luck traders!
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Tesla Are we pushing down to 249 or 241 ??? Good morning Trading Fam
A quick update with Tesla , we did not a see a break up into our buy zone and now a correction or more is in place to 249 or 241. However beware this is either a correction or a bigger move down which currently we need more info to figure out before we make that thesis.
Enjoy the video
Kris/ Mindbloome Trading
Trade What You See
Tesla on the Verge: Breakout to $275+Morning, trading family! Let’s dive into what I’m seeing with Tesla (TSLA) right now. We’re sitting in an interesting spot between 262-263, and the next move could set the tone for where we’re headed. Here are the scenarios I’m watching.
Scenario 1:
If Tesla can break above this 262-263 zone with some momentum, we could see a strong push toward 275. If buyers keep piling in, I’ll be watching 281, 287, and maybe even 304 as potential targets down the line.
Scenario 2:
But if things get shaky and we break down by 20 points or so, that would shift the narrative a bit. We’d probably need to re-test some lower levels before making another attempt at higher prices.
Mindbloome Trading / Kris
Trade What You See
Will $TSLA reach $300? Now buy or sell?
Technical speaking, Tsla is having a consolidation pullback in an overall bullish market.
It was rejected by the key resistance level of previous high yesterday, and also closed to the support level of the high price of recent high volume candle.
In this case, it might probably go bullish if it breaks above the resistance level. And if not, it will continue to moving the consolidation area.
From the perspective of fundamentally, it might benefit from the president election if Drump could win.
So my answer to the topic is yes, Tsla will reach $300.
Of course, this is not a financial advice!
Tesla’s Next Move: Riding the Q3 MomentumDescription:
In this analysis, we dive deep into Tesla’s recent performance and explore potential future price action. Fueled by an impressive Q3 earnings beat, Tesla has seen a bullish surge. Here, I’ll guide you through key technical and fundamental insights, using the FibExtender Pro to map out support and resistance zones, and provide a structured plan for potential entry, profit targets, and stop-loss levels. My goal is to offer a clear perspective for those considering Tesla’s next moves, balancing optimistic outlooks with realistic caution in case of market reversals.
Introduction:
NASDAQ:TSLA has been the talk of the market this past week, with its third-quarter earnings report surprising analysts and investors alike. The company not only exceeded revenue expectations but also showcased significant growth in profit margins, particularly in its energy generation and storage segments. This recent performance has set a bullish tone, sparking a 26% surge in Tesla’s stock price over just a few days. This idea aims to explore Tesla’s current momentum, analyze key technical levels using the FibExtender Pro script, and present potential trading opportunities for the days ahead. I’ll break down my thoughts into straightforward sections for entry points, profit targets, and stop-loss levels based on recent data, technical indicators, and broader market sentiment.
Tesla’s Q3 Earnings Fueling the Bullish Trend
Tesla’s third-quarter report painted an impressive picture, with strong revenue growth and margin improvements that bucked some of the broader economic trends affecting the automotive industry. As electric vehicle adoption accelerates, Tesla continues to leverage its market leadership, supported by CEO Elon Musk’s optimistic guidance on future vehicle sales and advancements in autonomous technology. Notably, the company reported a significant 20-30% expected vehicle sales growth for 2025, adding fuel to the stock’s upward momentum.
This positive sentiment, combined with Tesla’s ambitious long-term goals (such as robotaxi deployment by 2026), has prompted many analysts to revise their price targets. While some have remained cautious, noting high valuations, the consensus leans towards a bullish short- to mid-term outlook, primarily due to Tesla’s earnings momentum and strong brand positioning.
Technical Analysis with FibExtender Pro: Key Levels to Watch
Using the FibExtender Pro script, which identifies Fibonacci-based support and resistance zones, we can map out Tesla’s potential price action in the short term. As illustrated in the chart, two crucial levels have emerged: a resistance zone near $277 and a support zone around $233. Let’s walk through these levels and explore possible scenarios for Tesla’s price action.
Resistance at $277 :
This level has been marked as a critical resistance zone based on recent price action and Fibonacci retracement levels. Given Tesla’s recent surge, reaching this level is a strong possibility if the bullish momentum continues. A breakout above $277 would indicate a strong bullish continuation and could open doors for Tesla to test even higher resistance levels, potentially moving towards the $290-$300 range.
Support at $233 :
On the downside, $233 represents a major support level where buyers may step in if Tesla faces a pullback. This level serves as a safeguard against market reversals, providing a solid entry for those looking to buy Tesla at a discount if market conditions turn volatile.
Potential Trade Setup
Entry Point:
If Tesla’s bullish momentum continues, entering around the $250-$255 range would be ideal. This level allows us to capitalize on upward momentum while keeping a buffer below the resistance zone. However, patience may be key here; waiting for a slight pullback or a consolidation period around this range could provide a better risk-to-reward setup.
Profit Targets:
First Target at $277 : This is the initial resistance level, and a prudent place to secure partial profits, particularly if Tesla faces resistance here as it did previously.
Extended Target at $290-$300 : If Tesla breaks above $277 with strong volume, the next resistance zone sits in the $290-$300 range. Reaching this level would signal continued bullish strength and could offer further upside for those willing to hold.
Stop-Loss Level:
To manage risk, consider placing a stop-loss just below the support level at $233. This stop will protect against a deeper pullback, potentially caused by profit-taking or broader market weakness. A more conservative stop could be placed at $240 to accommodate minor fluctuations while still protecting capital.
Analyzing Broader Market Conditions
While Tesla’s recent earnings and price action are compelling, it’s crucial to account for the broader market context. Macro-economic headwinds, particularly interest rate hikes and inflation concerns, continue to affect growth stocks. Additionally, Tesla’s valuation remains high, and any negative shift in investor sentiment could lead to a correction. Here’s how these factors play into our analysis:
Interest Rates : Rising interest rates could create resistance for high-growth stocks like Tesla, as higher borrowing costs can impact both consumer spending and Tesla’s operational expenses.
EV Competition : Although Tesla remains the market leader, increased competition from other automakers, such as Ford and Rivian, could influence its long-term dominance. Keeping an eye on developments within the EV sector is essential for assessing Tesla’s sustainability.
Considering these factors helps us balance the optimistic outlook with realistic caution, preparing for any unexpected shifts in market sentiment.
My Thought Process Behind This Trade Idea
From a technical perspective, Tesla’s recent surge post-earnings provides a strong bullish setup. By analyzing the FibExtender Pro ’s support and resistance levels, I’ve identified the $277 level as a short-term profit target. My goal is to provide readers with a comprehensive view of Tesla’s current momentum and map out a clear trading strategy, combining fundamental strength with Fibonacci-based technical analysis . This approach is especially helpful in markets like Tesla’s, where rapid moves often require adaptable entry and exit points.
Furthermore, it’s essential to consider profit-taking strategies. As Tesla approaches each resistance level, locking in partial profits can protect against sudden reversals, while maintaining upside exposure for continued gains. With stop-losses positioned below support, this strategy offers a structured risk-reward setup, balancing bullish optimism with prudent risk management.
Conclusion
Tesla’s recent performance and bullish sentiment provide a promising outlook for the stock. However, as with any trading decision, it’s essential to balance the potential upside with well-planned risk management. Based on the FibExtender Pro analysis, Tesla’s next key resistance level lies at $277, with an extended target of $290-$300. Support at $233 offers a safety net in case of market corrections.
This idea aims to guide traders through Tesla’s current setup, blending fundamental insights with technical precision. By following this structured approach, we can make informed decisions, capitalizing on Tesla’s momentum while safeguarding against potential pullbacks. Whether Tesla continues its bullish climb or encounters resistance, this analysis provides a framework to adapt and respond confidently.
Key Takeaways:
Entry Range : $250-$255
Profit Targets : $277 (first target), $290-$300 (extended target)
Stop-Loss : Below $233 (preferably around $240 for a conservative buffer)
This trading idea seeks to balance optimism with caution, setting realistic targets that align with Tesla’s recent performance and technical signals. Remember, while the bullish setup is promising, unexpected market shifts could impact Tesla’s trajectory. Stay alert, manage your risks, and adjust your strategy based on real-time market feedback.
Trade safe and stay informed! Let’s make smart moves together. – TradeVizion
TESLA just made a crucial break-out that few are noticing.Tesla (TSLA) soared last week following the better than expected earnings, an event we covered extensively, and have practically erased all the negativity/ cautiousness that came following the Robotaxi event.
However, the closing of last week found Tesla making a crucial bullish break-out that might have gone under most people's radar. The price not only broke the Lower Highs trend-line that started all the way from the November 2021 All Time High (ATH) but almost managed to close the 1W candle above it.
Technically this is a major buy signal long-term that targets the final two Resistance Zones (1 and 2) of the Bear Cycle. With the 1W RSI effectively consolidating like February - May 2023, we believe that as last year, the price will now start the 2nd phase of the April 22 2024 Bullish Leg of a potential 2-year Channel Up.
We expect Resistance Zone 1 to break and if upon a re-test it holds, our long-term Target of $380.00 should finally be materialized.
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Tesla (TSLA): Positioning for growth as Musk eyes record salesAs we anticipated in our last update, Tesla bounced right at the expected level following its earnings call. After posting better-than-expected earnings, TSLA shares surged up 20% on market opening. Tesla reported a 17% increase in net income for the September quarter, reaching $2.2 billion, which beat analyst expectations. Additionally, revenue grew by 8%, reaching $25.2 billion, just shy of the consensus estimate of $25.4 billion.
Most noteworthy, Elon Musk hinted at a promising future outlook. He stated Tesla aims for a record-breaking quarter in vehicle sales, with potential growth of 20% to 30% in 2025. However, there is still cautious sentiment about whether this will follow the pattern of past announcements, where major news led to temporary rallies, followed by dips if expectations weren’t met.
As we highlighted previously, a bounce here suggests a likely revisit to the range high. If the current trend continues, the next high could align with the trendline, potentially forming another lower high. For sustained upside, breaking this trendline with a solid push is critical. We’re closely watching these developments and will keep you updated on any relevant changes.
$MBLY WE ARE GETTING TOIIIGGGGHHHTTT!!! 65%+ Move InboundNASDAQ:MBLY WE ARE GETTING SO TOIIIGGGGHHHTTT!!!
Heading into earnings. This is bottom 9th down by 1 run with the bases loaded and 2 outs for #Mobileye.
My "High Five Setup" is telling me NASDAQ:MBLY is going to SMACK A GRAND SLAM and the grin off shorts faces!
If I told you to just look at the chart and indicators I have on it, what would your guess be for the breakout move? UP OR DOWN?! I know my answer.
I'm ready for it, are you?!
Video analysis linked to this post.
Not financial advice.
Is Tesla Finally Finishing A Bullish Triangle Pattern?Tesla has been trading sideways since 2021, which we see it as a consolidation within bullish trend, ideally as a larger bullish triangle pattern in wave IV that can send the price higher for wave V
Tesla is now breaking important 270 area after recent strong earnings. Considering it's breaking above upper triangle line, then bullish ABCDE triangle in wave IV can finally be completed. Is Wave V now underway back to all-time highs?
A triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. The triangle pattern contains five overlapping waves that subdivide 3-3-3-3-3 and are labeled A-B-C-D-E. The triangle is a region of horizontal price movement, a consolidation of a prior move, and it is composed of “threes.” That means each of the A-B-C-D-E waves have three subwaves. The triangle pattern is generally categorized as a continuation pattern, meaning that after the pattern completes, it’s assumed that the price will continue in the trend direction it was moving before the pattern appeared. However, triangles also indicate that the final leg is coming before a reversal and that’s why triangles are labeled in wave B, wave X or wave 4.
TESLA (TSLA) Stock Rockets: Short-Term Long Trade AnalysisTESLA (TSLA) Stock Chart Analysis
Time Frame: 15-minute
Trade Type: Long setup, entry already achieved
Entry Price: $246.76
Stop Loss: $229.43
Take Profit Levels:
TP1: $268.17 (Hit)
TP2: $302.82
TP3: $337.46
TP4: $358.88
Key Insights
Volume Surge: Current volume at 161.61 million, nearly doubling the 30-day average of 82.11 million, indicating strong buying momentum.
Earnings Catalyst: Recent Q3 earnings report boosted investor confidence, leading to a 26% stock price surge over two days. Elon Musk’s holdings rose significantly, adding approximately $38 billion to his net worth.
Next Catalyst: Earnings report expected in 87 days, maintaining potential investor interest.
Tesla's recent earnings report has catalyzed a bullish breakout, achieving TP1 with a clear path towards higher targets. Given the elevated volume and positive momentum, this trade aligns well with the current market sentiment.
Tesla’s Autonomous AmbitionsMusk’s Vision vs. Reality: Tesla’s Path to Revolutionizing Transportation
Tesla recently experienced its best trading day since 2013, with the stock soaring 23% following the release of its Q3 earnings report. While the financial results were solid, investors are largely drawn to Elon Musk’s ambitious vision for autonomy a vision that presents significant challenges but holds substantial potential
Tesla’s rebound in deliveries, higher profit margins, and an unexpected forecast projecting 20% to 30% sales growth for next year reinvigorated investor confidence after a somewhat muted response to the October 10th 'We, Robot' event
The event showcased new products like the highly anticipated Cybercab (robotaxi) and Optimus (a humanoid robot) Despite the excitement, the presentation lacked detailed information, causing Tesla’s stock to decline by nearly 10% the following day
Despite being over 20 years old, the investment appeal of Tesla is still driven more by its future potential than its current state. Musk envisions mass-producing autonomous vehicles and robots, aspiring to make Tesla the largest company globally. Traditional valuation models based on recent performance can’t fully capture this long term vision
Tesla’s journey can’t be understood in isolation
Just three days after the 'We, Robot' event, SpaceX successfully launched its Starship spacecraft for the fifth time. The SpaceX “chopsticks” system successfully caught the Super Heavy booster after liftoff a crucial step toward making the booster completely reusable. This breakthrough could transform space travel by significantly reducing turnaround times and reshaping cost structures.
Elon Musk, at the helm of both Tesla and SpaceX, has a talent for transforming bold ideas into reality. SpaceX’s success in making rockets reusable has drastically reduced the cost of space travel, demonstrating that affordability can drive broader adoption.
This strategy mirrors Tesla’s vision for autonomous vehicles: by creating self-driving cars like the Cybercab, Tesla aims to reshape transportation with similar cost-efficiency principles. However, as with any disruptive technology, the range of possible outcomes is vast.
A balanced perspective considers Musk’s track record while acknowledging that his timelines can often be highly optimistic.
In 2021, Benedict Evans described Musk as “a bullshitter who delivers.” Whether Tesla’s vision for full autonomy will come to fruition remains uncertain, and fully autonomous fleets could still be years away. Nonetheless, Musk’s accomplishments with SpaceX add weight to Tesla’s ambitions, granting him credibility in the eyes of many.
The question remains: Will Musk’s ambitious autonomy vision fully take shape?
Today’s highlights:
- Tesla Q3 FY24 Results
- Key takeaways from the 'We, Robot' event
- Notable quotes from the earnings call
- Insights on Waymo, Uber, and the future of ridesharing
Tesla Q3 FY24 Overview
Tesla’s revenue is primarily generated from three segments
1. Automotive (80% of revenue): This includes the sale of electric vehicles, such as models S, 3, X, Y, and the Cybertruck.
2. Services and Other (11% of revenue): This segment encompasses vehicle services, the Supercharger network, and sales of automotive parts and accessories.
3.Energy Generation and Storage (9% of revenue): Revenue from solar products and energy storage solutions like the Solar Roof and Powerwall.
Key Metrics for Q3 FY24:
-Production: 470,000 vehicles produced (+9% YoY, +14% QoQ).
-Deliveries: 463,000 vehicles delivered (+6% YoY, +4% QoQ), which was slightly below analysts’ expectations of 464,000 and fell short of the Q4 2023 record of 484,000 deliveries. Despite price cuts over the last two years, Tesla’s auto sales growth has leveled off.
Financial Highlights:
-Revenue: $25.2 billion, an 8% YoY increase but fell short of expectations by $0.5 billion.
-Gross Margin: 20% (+2 percentage points QoQ and YoY).
-Operating Margin: 11% (+5 percentage points QoQ, +3 percentage points YoY).
-Adjusted EPS: $0.72, beating estimates by $0.12.
Gross Margin Insights:
-Automotive Gross Margin: 17% (excluding regulatory credits), up from 15% in Q2 and 16% a year earlier. The cost per vehicle dropped to an all-time low of $35,100. Notably, the Cybertruck achieved a positive gross margin for the first time. The automotive segment included $326 million in software revenue.
-Services and Other Gross Margin: Reached 9%, marking the 10th consecutive quarter of positive margins and a new record high.
-Energy Generation and Storage Gross Margin: The highest margin segment at 31%, also hitting a record high.
Overall, while Tesla faced some delivery shortfalls and plateauing auto sales, it managed to improve profitability across its segments, with key milestones in cost reductions and positive trends in gross margins.
Tesla’s Margins and Cash Flow Performance
Tesla’s industry-leading margins are driven by three major advantages:
1.Economies of Scale: Achieved through its expansive gigafactories.
2.Direct-to-Consumer Sales**: Tesla sells directly online and through its showrooms, bypassing traditional dealership networks.
3.Low Marketing Costs: Tesla spends very little on advertising compared to traditional automakers.
While Tesla expects its margins to expand over time due to growth in its non-automotive segments and software sales, its automotive margins have been pressured by price cuts in the last two years to sustain demand.
Cash Flow Highlights:
-Operating Cash Flow**: Increased by 89%, reaching $6.3 billion
-Free Cash Flow**: Jumped by 223%, hitting $2.7 billion
These cash flow figures stood out in the quarterly report, demonstrating Tesla’s ability to fund its ambitious plans for autonomy despite heavy investments in AI.
Guidance
1.FY24 Improvement: Tesla now expects slight growth in vehicle deliveries for FY24 (previous guidance indicated “notably lower” growth), implying a record-setting Q4 to make up for a weaker first half. Energy storage deployment is projected to more than double.
2.FY25 Outlook Surprise: During the earnings call, Musk forecasted 20% to 30% delivery growth in FY25, surpassing market expectations. A new, more affordable model is anticipated to launch in the first half of FY25, potentially easing investor concerns about competition.
3.New Product Strategy: The upcoming affordable vehicles in 2025 will be based on Tesla’s existing platform, indicating less dramatic cost reductions than previously suggested. However, the Robotaxi will bring a fresh manufacturing strategy.
Key Takeaways
1.Volumes Rebounded: After a 7% decline in deliveries during the first half of 2024, volumes recovered in Q3. Prices have stabilized, and Tesla’s focus on reducing unit costs contributed to improved automotive gross margins. Management’s priorities remain on unit volume and maintaining low inventory levels.
2.More than Just EVs: Non-automotive segments, such as Energy and Services, accounted for 20% of Tesla’s revenue this quarter, up from 16% a year ago. Likewise, these segments contributed about 20% of Tesla’s gross margin, nearly double from the previous year. As these segments grow, their impact on Tesla’s profitability will become increasingly significant.
3.Operating Margin Gains: Improved by 3 percentage points year-over-year:
-Negative Impact: Price cuts, mainly due to financing incentives.
-Positive Impact**: Lower costs per vehicle, growth in non-auto segments, FSD revenue, increased deliveries, and higher regulatory credit revenue.
4.Free Cash Flow Surge: Doubled sequentially to $2.7 billion. Capital expenditures increased by 43% to $3.5 billion, largely driven by investments in AI infrastructure. Tesla plans to spend over $10 billion on AI this year.
5.Strong Balance Sheet: Tesla maintains a net cash position of nearly $30 billion, which management believes provides ample liquidity to support its product roadmap and sustain positive cash flow margins.
We, Robot’ Event Takeaways
Key insights from the recent announcements include:
- Cybercab (Robotaxi): Tesla introduced the much-awaited Cybercab, a sleek two-seater, but key technical details—such as sensor configurations and processing capabilities—were notably absent. Musk’s decision to forgo lidar technology, a feature commonly used by competitors like Waymo, could potentially raise regulatory concerns about safety and compliance.
1.Optimus (Humanoid Robot): While the Optimus robots were a hit at the event, performing tasks like serving drinks and dancing, this entertaining display overshadowed the reality of how far the technology is from practical use. Reports indicated that the robots were primarily operated by humans, raising questions about their actual autonomous capabilities and readiness for industrial applications.
2.Robovan: A surprise announcement was the debut of the Robovan, a versatile vehicle intended for both mass transit and cargo transport. Its stylish Art Deco-inspired design drew attention, but like the Cybercab, it lacked concrete details or technical insights to convince analysts that the product is close to entering production. The presentation didn’t provide enough information to quell investor skepticism about its feasibility.
3. Full Self-Driving (FSD) Progress: Elon Musk projected that Tesla’s FSD technology would achieve full autonomy by 2026, with the Cybercab and current models (like the Model 3 and Model Y) spearheading this effort in Texas and California. However, Musk’s history of ambitious FSD promises has been met with ongoing skepticism, and this presentation did little to change that. No new safety data or significant updates were provided to address reliability concerns, leaving regulatory and safety issues unresolved. Tesla still faces significant challenges in proving its FSD capabilities are ready for public use without human oversight and in obtaining regulatory approval at both federal and state levels.
4.Market Reaction: Analysts expressed mixed feelings about the event. While some found the futuristic concepts inspiring, others noted the lack of substantial progress and the vague nature of Musk’s promises. This left investors questioning how close Tesla truly is to achieving its autonomy and robotics goals. For many, the event leaned more towards spectacle than solid evidence of progress.
Shareholder Deck Updates
1.Supercharger Network: Tesla’s Supercharger Network received widespread industry support, with most automakers now adopting Tesla’s North American Charging Standard (NACS). This acceptance is likely to boost Tesla’s Services segment and improve its margins in the long term. The number of Supercharger stations increased by 20% year-over-year to 6,706. Tesla also rehired some of the nearly 500 Supercharger team members who had been laid off earlier in the year, indicating renewed focus on this segment.
2.Market Share: Tesla’s market share remained steady in North America and Europe on a sequential basis, but saw a noticeable improvement in China, signaling stronger competitiveness in the region.
These details paint a picture of a company with promising ambitions but facing significant challenges in bringing its bold visions to reality. Investors will be watching closely for concrete progress and clearer timelines moving forward.
Key Updates from the Earnings Call
Full Self-Driving (FSD) Progress
- Tesla has surpassed 2 billion miles driven using its FSD (supervised) technology, which forms a core part of the company’s data advantage. This milestone underpins Tesla’s long-term autonomy thesis. Additionally, Tesla launched **FSD version 12.5** and introduced the Actually Smart Summon feature, enabling vehicles to autonomously drive to their owners in parking lots.
AI Training Capacity
- Musk shared that Tesla expects to have **nearly 90,000 H100 clusters dedicated to AI training** by the end of the year, enhancing the company’s machine learning capabilities.
Energy Storage Deployments
- Tesla deployed **6.9 GWh of energy storage** in Q3, although this fell short of the record 9.4 GWh achieved in Q2. The 40 GWh Megafactory in Lathrop is ramping up production, reaching 200 Megapacks in a single week. The **Shanghai Megafactory** is set to start shipping Megapacks in Q1 2025 with a run rate of 20 GWh. Tesla noted that energy deployments are inherently lumpy due to factors such as customer readiness and geographic order locations.
Key Quotes from the Earnings Call
Elon on the Cybercab:
- “I do feel confident of Cybercab reaching volume production in ‘26. We’re aiming for at least 2 million units a year, maybe 4 million ultimately.”
Musk envisions the Cybercab becoming a global, high-volume autonomous vehicle service. However, achieving this scale requires overcoming two major challenges: delivering level 5 autonomy at a competitive cost and navigating regulatory approval across regions with varying laws, road conditions, and weather considerations.
- Musk also dismissed the notion of a regular low-cost model, stating, “I think having a regular $ 25,000 model* is pointless.” He emphasized focusing on the Cybercab as a generational leap forward.
Musk on FSD:
- “Our internal estimate is **Q2 of next year** to be safer than human and then to continue with rapid improvements thereafter.”
He expressed confidence that full autonomy could be achieved in 2025 with existing vehicle models, although regulatory hurdles and safety standards remain significant barriers.
On Tesla’s Ridesharing App
- Tesla is already testing a *ridesharing capability* in the Bay Area for employees, with safety drivers currently in place. Musk anticipates launching the service for the public in California and Texas next year, pending regulatory approval. He added, “**I’d be shocked if we don’t get approval next year**,” but acknowledged that regulatory timelines are out of Tesla’s control.
Musk on Optimus:
- “We’re the only company that really has all of the ingredients necessary to scale humanoid robots.” He believes that the *Optimus robot* could become the “most valuable product ever made,” owing to Tesla’s combined AI and manufacturing advantages. However, the product remains at an early development stage and will likely take years to fully commercialize.
On Tesla’s Valuation:
- Musk reiterated his bold prediction: “Tesla will become the most valuable company in the world and probably by a long shot” He argued that Tesla’s strategic focus on future advancements in energy, transport, robotics, and AI sets it apart from competitors who are only targeting short-term trends.
Waymo, Uber, and Rideshare Future
There are two distinct paths to achieving full autonomy
1.Waymo’s Approach: Waymo focuses on highly structured, geo-fenced environments with extensive pre-mapping and sensor-based systems like lidar to ensure safety.
2.Tesla’s Approach: Tesla aims to develop a generalized self-driving system that works with computer vision and AI, relying on its fleet’s extensive data advantage and scaling software improvements. However, Tesla’s reluctance to use lidar technology and regulatory challenges could hinder its timeline for achieving level 5 autonomy.
These differing strategies highlight the varied paths to delivering a future of autonomous transportation, with each approach facing unique technical and regulatory hurdles.
Levels of Autonomy
- Tesla's FSD (Supervised): Tesla’s Full Self-Driving system remains at **Level 2**, meaning it still requires driver supervision to operate. In contrast, **Waymo** operates at **Level 4** in certain cities, where its vehicles can drive without human intervention, albeit under specific conditions.
-Jumping Levels: Musk’s vision for the Cybercab aims to skip from Level 2 to **Level 5 autonomy**, which implies no need for human input at all—a huge leap.
Technology Approach
-Tesla’s Strategy: Tesla relies on a **camera and AI-only approach**, focusing on software and data scalability rather than expensive hardware. Musk’s bet is that advanced software can eventually solve all driving scenarios.
- Waymo’s Strategy: Waymo uses a **hardware-intensive model** with a combination of LiDAR, radar, and cameras**, providing highly precise navigation. However, the reliance on multiple sensors leads to higher production costs per vehicle, around **$200,000** each.
Scaling Challenges
-Waymo’s Limitation: The high cost of Waymo's vehicles has hindered its ability to scale quickly, while Tesla plans to leverage its extensive fleet data to improve its autonomous systems over time.
-Tesla’s Repeated Delays: Despite its aspirations, Tesla’s full autonomy timeline has faced numerous delays. Scaling quickly while achieving robust and safe autonomy remains a significant challenge for the company.
Safety and Regulation
-Waymo’s Approach: Waymo has built trust with regulators by deploying vehicles cautiously in select cities and prioritizing safety, but its operations remain limited geographically.
-Tesla’s Regulatory Hurdles: The Cybercab’s design lacks traditional controls like steering wheels and pedals, raising concerns about regulatory approval. These changes could face substantial scrutiny, particularly if safety standards require features Tesla’s design omits.
Tesla and Uber: Competitors or Partners?
-Potential Partnership: Uber CEO Dara Khosrowshahi found the Cybercab vision "pretty compelling" and didn’t dismiss the possibility of a collaboration. Uber already partners with Waymo to offer autonomous rides in cities like **Phoenix, Atlanta, and Austin**. Khosrowshahi’s openness to partnership means there’s potential for Tesla's Cybercab fleet owners to list their vehicles on Uber to boost earnings.
-Hybrid Model: By leveraging Uber’s vast network, Tesla could quickly gain scale in local markets, especially given Uber’s capability to serve diverse customer needs. This could lead to a hybrid model where Tesla’s autonomous vehicles are available on Uber alongside other options.
Regulatory Challenges: An Obstacle to Elon’s Vision ?
-Waymo’s Critique: Former Waymo CEO John Krafcik criticized the Cybercab, highlighting its impracticality for a large-scale robotaxi business. Waymo’s approach focuses on accessibility and safety with taller vehicles and high-mounted sensors, whereas Tesla’s design was light on crucial technical details.
-Possible Lidar Mandate: Krafcik also noted that if regulators eventually require LiDAR technology for safety compliance, Tesla’s camera-only approach could face a significant setback. Regulatory decisions are beyond Tesla’s control and could fundamentally reshape its autonomy strategy.
-Musk’s Political Maneuvering: Musk’s political activities and controversies could complicate Tesla’s regulatory relations. Building strong connections with regulators is critical, given their power to greenlight or halt the Cybercab’s deployment.
Final Thoughts
The coming years will be pivotal for Tesla as it strives to overcome both techno logical and regulatory challenges. The success of Tesla’s autonomy plans hinges not just on its technological progress but also on its ability to navigate complex and varied regulatory frameworks worldwide. Whether Musk’s bold vision for full autonomy becomes a realityor remains a distant dream will depend on a combination of innovative breakthroughs and the company’s capacity to gain and maintain regulatory approval.
Are you Moonish on Tesla or not?
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Tesla Stock TSLA Forecast Technical Analysis
TESLA Massive Short! SELL!
My dear friends,
Please, find my technical outlook for TESLA below:
The price is coiling around a solid key level - 269.19
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 247.02
Safe Stop Loss - 281.66
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Analyzing Tesla's Meteoric Rise: A 22% Surge and Musk's OptimistTesla's stock experienced a dramatic surge of 22% on Thursday, marking its most significant single-day gain in over a decade. This extraordinary performance was fueled by a better-than-anticipated earnings report and CEO Elon Musk's bullish projections for the company's future growth.
The electric vehicle (EV) giant's third-quarter profit margins were bolstered by a substantial $739 million in revenue generated from environmental regulatory credits. This unexpected windfall contributed to the company's overall financial performance and further fueled investor optimism.
However, the primary catalyst behind Tesla's stock surge was Musk's optimistic outlook for 2025. The Tesla CEO expressed his belief that the company's vehicle growth could reach an impressive 20% to 30% next year, surpassing the 15% growth rate anticipated by analysts. This bold prediction ignited investor enthusiasm and sent Tesla's stock soaring.
The impact of Tesla's stock surge was not limited to the company's market valuation. Elon Musk's wealth also experienced a significant boost, increasing Tesla's Meteoric Rise: A 22% Surge and Musk's Optimistic Outlook
by approximately $26 billion. As a result, Musk's net worth now stands at nearly $270 billion, solidifying his position as one of the world's wealthiest individuals.
Tesla's remarkable performance on Thursday can be attributed to several key factors:
• Strong Earnings Report: The company's better-than-expected earnings report demonstrated its ability to deliver solid financial results, even amidst challenging market conditions.
• Regulatory Credit Revenue: The unexpected revenue from environmental regulatory credits provided a significant boost to the company's bottom line.
• Musk's Optimistic Outlook: Elon Musk's bullish projections for 2025 growth instilled confidence in investors and fueled expectations for continued strong performance.
• Investor Sentiment: Positive investor sentiment surrounding Tesla's innovative technology, strong brand reputation, and growing market share contributed to the stock's surge.
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While Tesla's recent performance has been impressive, it is important to note that the company still faces several challenges. These include intensifying competition from other EV manufacturers, supply chain disruptions, and potential economic headwinds. Additionally, Tesla's reliance on regulatory credits for revenue could diminish as stricter emissions regulations are implemented.
Despite these challenges, Tesla remains a dominant force in the EV industry. The company's technological advancements, strong brand loyalty, and expanding global presence position it well to capitalize on the growing demand for electric vehicles. As Tesla continues to innovate and execute on its ambitious growth plans, it is likely to remain a key player in the automotive industry for years to come.
In conclusion, Tesla's 22% stock surge on Thursday was a testament to the company's strong financial performance, Elon Musk's optimistic outlook, and positive investor sentiment. While challenges remain, Tesla's innovative spirit and strong market position make it a compelling investment opportunity for those willing to embrace the risks associated with the EV industry.
Tesla bull momentum Q3Relative volume 2.9/D
Want to see that we are below the closing price to go long and fill the pre-market gap.
First 260.3 tp is thereafter 50% of holdings must be checked daily with trailing stop
I believe in a strong bull race after the positive q3 report and a lot of buzz around bull analyses.
To have approved pos long, we must be bearish pre-market with a RR above 1:2
Today's date: 10/25/2024
Will update when USA opens with potential entry
Frankly !!NASDAQ:TSLA is in the ascending phase by the cup and handle.
Tesla is in a large C&H if it follows these pattern, the price will have a nice rally.
⭐The pattern increases the price by the amount of the measured price movement (AB=CD).
Tesla shares in Frankfurt rose by 12% on Thursday, reaching a two-week high, as strong sales forecasts pleased investors. Elon Musk, the company's CEO, predicted on Wednesday that car sales would grow by 20 to 30% next year, reassuring investors that Tesla is improving its core electric vehicle business and alleviating concerns about the production timeline of a taxi robot . However, last night Tesla shares again failed to meet expectations and reported lower earnings. The only slight improvement was in dividend distribution. But due to Elon Musk's repeated promises of improved production, similar to previous periods, its stock will open with a surge today. Each time, he has given the same assurance but failed to deliver on it !!
previous Analysis
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!