TSLA - UniverseMetta - Analysis#TSLA - UniverseMetta - Analysis
The price is near the lower border of the channel in which the price has been for almost a year, which makes it possible to enter from the borders and take away movements of 15-30%. There was a rebound from the border, which formed the 1st wave, and was able to correct to the area of 50%. Now an ABC structure has formed, which may suggest the beginning of a 3-wave structure or the 3rd wave; when the trend line is broken, you can try to gain Long positions. With targets towards the upper border of the channel, around $236 per share. If there is a retest of the border, it will be possible to hold it up to levels 300 and beyond. Local target 194 - 236
Target 194 - 236
Tslaanalysis
Musk Prioritizes Other Ventures Over TeslaMusk Prioritizes Other Ventures Over Tesla: AI Chips Diverted to X and xAI
A recent leak from internal Nvidia emails obtained by CNBC has raised questions about Elon Musk's leadership of Tesla. The emails reportedly show Musk directing the chipmaker to prioritize shipments of thousands of artificial intelligence (AI) processors originally reserved for Tesla to two of his other companies, X and xAI. This move has caused delays in Tesla's receipt of these crucial components, potentially impacting the company's AI development goals.
This news comes amidst Musk's ambitious push to establish Tesla as a leader in the AI and robotics space. Tesla has significantly increased its purchases of Nvidia's flagship AI chip, the H100, aiming to grow its active chip count from 35,000 to 85,000 by the end of 2 024. To support this growth, Tesla reportedly allocated a significant portion of its budget to AI training and inference, estimated at $10 billion for the year.
Diverting these chips to X and xAI throws a wrench into Tesla's plans. The delay in receiving over $500 million worth of processors could potentially slow down Tesla's AI development initiatives. This raises concerns about potential conflicts of interest and the prioritization of Musk's various ventures.
Here's a deeper dive into the implications of this situation:
• Impact on Tesla's AI Development: The delayed arrival of AI chips could hinder Tesla's progress in areas like autonomous driving and other AI-powered features planned for its vehicles. This could lead to delays in the rollout of new features or impact the performance of existing ones.
• Investor Confidence: Tesla's investors might be wary of Musk's leadership if they perceive a lack of focus on Tesla's core business. Diverting resources to other ventures could raise questions about his commitment to Tesla's success.
• Conflict of Interest: Some may question the ethical implications of a CEO prioritizing chip allocation for his other companies over the one he leads. This could raise concerns about Musk's use of his position for personal gain.
• Transparency and Communication: The lack of transparency surrounding the chip allocation decision could further erode investor confidence. Tesla shareholders deserve clear communication regarding the rationale behind this move.
While the exact purpose of X and xAI remains unclear, some speculate these companies might be involved in ventures related to Neuralink, another of Musk's ventures focused on brain-computer interfaces.
The situation warrants further investigation. Here are some key questions that need answers:
• Justification for Chip Diversion: What is the rationale behind prioritizing X and xAI over Tesla for these crucial AI chips?
• Impact on Tesla's Roadmap: How will the delay in receiving the chips affect Tesla's AI development roadmap and the rollout of new features?
• Disclosure and Transparency: Were Tesla shareholders made aware of the potential delays caused by chip allocation to other companies?
Only time will tell how this situation unfolds. However, one thing is clear: the decision to divert AI chips away from Tesla has raised serious concerns that demand proper explanation and a commitment to Tesla's continued success in the AI race.
TSLA (Tesla) Technical Analysis and Trade Idea Upon analyzing TSLA (Tesla), we can see that it has been in a sustained downward trend. Notably, price has entered a critical support zone, exhibiting a double bottom pattern on the chart. Additionally, there has been a downward move beneath this double bottom, tapping into liquidity.
Given the significance of this support zone, I anticipate a reaction, potentially leading to a substantial retracement. Another noteworthy aspect is the imbalance above the current price range, which could serve as a target. Furthermore, I acknowledge the influence of seasonality in stock markets, a topic I delve into within the accompanying video. In the video, we explore trends, price action, market structure, and other essential elements of technical analysis.
Tesla - Triangle and -33% drop!Hello Traders and Investors, today I will take a look at Tesla .
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Explanation of my video analysis:
With Tesla stock breaking above previous resistance in 2019 and coming back to retest it in 2020, this stock then took off and created one of the most insane rallies which I have ever seen. At the moment though, Tesla is consolidating in a descending triangle formation and there is a high chance that Tesla will again come back to retest the lower support at $110 for a third time.
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Keep your long term vision,
Philip (BasicTrading)
Tesla - Clear flag formation!Hello Traders and Investors, today I will take a look at Tesla .
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Explanation of my video analysis:
After the triangle breakout and the bullish break and retest on Tesla stock back in 2020, we saw a significant rally of 1.500% towards the upside. For 3 years Tesla has now been trading in a decent bullish flag formation and just broke an important support area towards the downside. However at the moment Tesla is literally in no man's land so it is better to wait for the next retest of structure.
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Keep your long term vision,
Philip (BasicTrading)
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 MOTORS UPDATEDHello Traders and stocks holders. its been a while since my idea got doomed, but timely it will make a perfect decisions on buying this stock or you're doing a DCA, like buying the stock every Paychecks received.
This idea can be perfect or can be doomed again, lol. But still preferred on buying for longterm.
This is not a financial advice, you either trade it options or holding the real stock..
Final words all ideas are not perfect, "Only Gods and the dead can seem perfect with impunity"
Law 46
Tesla Takes Flight: Is China's Approval Enough to Go Long?
Tesla's stock price recently soared after receiving "in-principle" approval from Chinese authorities to deploy its driver-assistance system in the world's largest auto market. This news undoubtedly fueled investor optimism, but is it enough justification to take a long position on Tesla stock (TSLA)? Let's delve deeper into the implications and weigh the risks before making a call.
China's Green Light: A Major Tailwind
China's tentative approval for Tesla's driver-assistance system is a significant development. China represents a crucial battleground for electric vehicle (EV) manufacturers, and Tesla has faced stiff competition from domestic players like BYD. Gaining official sanction for its advanced driving system removes a potential hurdle and paves the way for increased sales in China. This could significantly boost Tesla's revenue and profitability in the long run.
Beyond China: A Broader Growth Story
Tesla's appeal extends far beyond China. The company remains a leader in the EV revolution, continuously innovating and expanding its product line. With the Cybertruck launch and the ongoing success of Model 3 and Model Y, Tesla is well-positioned to capitalize on the growing global demand for EVs. Additionally, Tesla's focus on autonomous driving technology positions it at the forefront of a potentially transformative industry shift.
Risks to Consider: Not All Sunshine and Self-Driving Cars
While the China news is positive, there are factors to consider before going all-in on Tesla. Regulatory hurdles remain, with the final details and limitations of the driver-assistance system approval in China still unknown. Additionally, competition in the EV space is fierce and constantly evolving. Established automakers are rapidly entering the fray, and new startups are nipping at Tesla's heels.
Furthermore, Tesla faces ongoing challenges related to production issues, battery supply chain constraints, and potential safety concerns surrounding its Autopilot technology. These factors can lead to stock price volatility and production delays.
Beyond the Headlines: Look at the Fundamentals
Making a sound investment decision requires looking beyond just the latest headlines. Here are some key metrics to consider for Tesla:
• Valuation: Tesla currently trades at a high valuation compared to traditional automakers. This implies that the market has already priced in a lot of future growth potential.
• Overall Market Conditions: The broader stock market can significantly impact Tesla's share price. Investors should be aware of potential economic downturns that could affect growth stocks like Tesla disproportionately.
The Verdict: A Calculated Approach, Not a Blind Leap
China's approval for Tesla's driver-assistance system is undoubtedly positive news. However, it's just one piece of the puzzle. Investors considering a long position on Tesla should conduct thorough research, understand the inherent risks involved, and carefully evaluate their risk tolerance. A diversified portfolio with exposure to other EV players and established automakers might be a prudent strategy.
Tesla is a company with immense potential, but its future success is not guaranteed. A well-informed and measured approach is crucial before taking a long position on TSLA.
TSLATsla share repumped today to retest the broken upper trend
There are a lot of movement expectations :
1- The Price close above the Key LVL 205.30 then we can find the prices go up again to try to rebuild new wave (not expected by myself)
2- The price is retesting the upper trend showing at the drawing, so later on we will see push of selling the share and this is my expectation.
if the price go down i preferer to invest on it with the suggested percentages
Thanks and Best regards
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.
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.
$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.
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.
TSLA Back at the $164.76 Support LineNASDAQ:TSLA is having a steep decline after failing to meet expectations for Q1 deliveries. The price is back at the $164.76 price level at the white support line. I think there could be a rebound here, and I would monitor the white trendline to see if the price level holds and rebounds in the short term. I think TSLA had a bearish Q1 performance, and there could be a dip into the $150 price levels before TSLA has a recovery. I think TSLA is likely to be bullish in Q2 so I'm looking for an entry over the next few weeks for a swing trade.
TSLA Rebounds from $164.76 Support LevelMy TSLA forecast has been one of my most accurate predictions so far, and TSLA has reached the $164.76 price target discussed in my previous updates. NASDAQ:TSLA initially dipped below the $164.76 support level, but had a bullish rebound at the support line. TSLA is red today, but could be forming a bullish retest of the $164.76 support line. I would keep an eye on the $164.76 support level on the way down to see if it holds or whether TSLA loses support here.
TSLA at weekly support, likely to bounce to at least 200 areaThe price had hit the weekly support WS1 after getting rejected from weekly resistance WR1. After hitting WS1, the price has bounced and I believe this bounce will continue towards weekly resistance WR1. Therefore, this present an opportunity to go long on this one for the target at least to the weekly resistance WR1. There is a possibility of it breaking this resistance and move towards monthly resistance MR1. However, we shall re-evaluate the price action in case it reaches to the first target at WR1.