Get started
TESLA INC. DL -,001TESLA INC. DL -,001TESLA INC. DL -,001

TESLA INC. DL -,001

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

TL0 trade ideas

Tesla - Fakeout leading to a -50% drop?NASDAQ:TSLA is currently trading at a key inflection level, forming a trend for the next years. Within a couple of hours, an entire stock can reverse and fundamentally change its trend. Tesla is still retesting a multi-year resistance trendline and is down about -8% today. If this selloff continues and Tesla rejects the resistance trendline with a massive bearish wick, then we will most likely see a correction back to the lower support of the descending triangle pattern. Levels to watch: $240, $120 Keep your long term vision, Philip - BasicTrading
NASDAQ:TSLAShort
by basictradingtv
15
$TSLA Q3 buy and sell zones - Long term Bull - transition acitonMy long-term bull but right now we’re in a heavy transition. I can see if the gas companies pulling back a little bit because they already have lines that sell and they have cars they need to focus on. It is smarter to allow the current EV companies to do all the heavy lifting and develop the system that will move into the future of EV transportation, even if that includes autonomy and Robo taxi, but the current moment is an infrastructure build out moment of Tesla that needs time and will be used as a short fuel, and so for me, I look for buying opportunities
NASDAQ:TSLA
by mindfree
Musk's Warning to Gates Backfires: Tesla's Mixed Q2 ResultsApproximately a week ago, Elon Musk cautioned Bill Gates against shorting Tesla stock, suggesting potential negative consequences. However, the situation has shifted, with Tesla's stock price experiencing a significant $20 drop following the release of its earnings report in the aftermarket. Tesla's Q2 2024 results were a mixed bag, leaving many questions unanswered. While sales increased by 7% compared to the previous year, overall revenue from car sales declined. This news is concerning for investors who primarily view Tesla as a car manufacturer. Additional points of interest for investors include the timeline for the release of Tesla's new range of affordable vehicles designed to compete with aggressive Chinese manufacturers, which is expected in the first half of 2025. Moreover, the company has postponed plans for increased factory productivity and the unveiling of self-driving vehicles until 2025 and October 2024, respectively. The lack of clear communication from Elon Musk and his team regarding these developments has contributed to investor uncertainty and subsequently impacted the share price. Key takeaways from Tesla's Q2 2024 results Earnings per share (EPS) : $0.61, down from $0.91 in Q2 2023 but up from $0.45 in Q1 2024. Revenue : $20.16 billion, a 5% decrease compared to the same period last year, but a 16% increase from Q1 2024's $17.38 billion. Deliveries : 444,000 vehicles, exceeding expectations but still 5% lower than the same period last year. Several factors have contributed to a decrease in demand for Tesla vehicles, including high-interest rates, which make financing vehicle purchases more expensive for consumers. Additionally, the impact of Tesla's aggressive price cuts from the previous year is diminishing, and competition is intensifying, particularly in the Chinese market. In the domestic market, Tesla is losing ground to competitors like General Motors and Ford. Despite these challenges, Tesla's share price had experienced a 33% increase in the first eight days of the month, adding $209 billion to the company's valuation. Looking ahead The weekly chart indicates that Tesla's share price has rebounded from its April 2024 low of $140, surpassing the 200-day simple moving average (SMA) and the falling trendline from November 2021. Buyers will aim to reclaim the September 2023 high of $278 before targeting the 2023 high of $300. Immediate support levels are at $230 (200 SMA) and $223 (falling trendline). A drop below these levels could lead to the 100 SMA at $210 becoming a potential downside target.
NASDAQ:TSLAShort
by WHSelfInvest
TESLA Huge gap down after Earnings! Buy opportunity in disguise?Tesla (TSLA) was down more than -8.00% in pre-market trading after reporting its lowest profit margin in over five years and missing second-quarter earnings expectations. This was largely due to cut prices to revive demand and increased spending on AI projects. This however can technically be a buy opportunity in disguise as following the ATH Lower Highs trend-line of November 2021 break-out, a new bullish potential emerged and the pattern may very well be a Channel Up as so far the rally since the April 22 Low resembles the 7-month Bullish Leg following the January 06 2023 bottom. The Target can be within the Resistance 2 level and a potential +194.87% rise (previous Bullish Leg) range. We update our long-term Target to $380.00, slightly below Resistance 2. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLA
by TradingShot
Using TSLA/NVDA spread to find cluesIn yellow is the TSLA/NVDA spread or ratio, and here it shows the jump off the all time lows with the huge price spike post Musk vote. With spread charts you can gain clues on future price action based on the other ticker. For the continued TSLA bull case, we get a pull back in the ratio to form the right shoulder of the IHS and then continue upwards. In that case as long as NVDA continues to consolidate or trend up TSLA will remain bullish too (and outperform).
NASDAQ:TSLALong
by cc1
4
TSLA Hidden Bullish Divergence Observed!Please see my chart annotations. I like what I'm seeing with this moderate divergence, price is holding well relative to the lower trendline on RSI. There isn't as much selling pressure. If Divergence can maintain this relativity, then price has a higher probability of an upside move rather than downside. Price could double bottom in the low $230's and still hold a divergent stance. Plus! it's a Cup and Handle filled with Inverse Head and Shoulders, nice setup. Earnings on Tuesday, Robotaxi unveiling on August 8th. Thank you for your time, happy trading! OnePath
NASDAQ:TSLA
by OnePath
22
Dageedoo Follower Request $TSLA close up #Internals You saw how this very similar W/double bottom on #61fib worked out on AAPL... This is a 50% retrace W... I prefer #61 retraces, but with TSLA im not surprised with some extra volatility. Go with the flow... 186 first level to break, 198 next stop. then if strong enough hammer on 198 200 critical level breaks 10+ and youre at 220 like AAPL hit and people profit take. Below redline or Diamond mid point (176) idea is DEAD. LESSON TIME; Critical level breaks can bring quick moves 10-20% in a few days. I'm always "eyeing" critical levels on "Big Name/Mega Cap" stocks... ie; FB 500+ , would you believe me if I was "eyeing" AVGO under 1500... you wouldve caught splits on that n NVDA with critical levels in mind (1000 crit level for NVDA)... 3 big stocks all breaking through with these methods is not as strong as some might think, short term yes, long term questionable. Not everything is a critical level/ price "number" and markets psychology help determine these, usually round, usually act as resistance or support prior, see AAPL W... 1 2 3strikes then through at the old stock game... LESSON CONT; I have a very unique set of tools. Tools I have acquired over many years. Tools that make me a nightmare for women who want a man with a "normal" job. Tools like Fibonacci Retracements, Technical Patterns, RSI, Stoch, Multiple Timeframes (3Day is my fav), and Bollinger Bands with MAs. Be sure you find your own trusted tools. Because I will be here, I will find the patterns, and I will execute them. -Good Luck - Prof
NASDAQ:TSLALong
by Prophecies_R_Us
9
$TSLA Retesting Critical Support Range After Earnings MissIf you've been following the analysis, we've hit quite a few short-term targets... NASDAQ:TSLA NASDAQ:TSLA | So far, we've seen a 40%+ move from our entry at $145. Targets: $180 , $200 , $260 , $300, $450 After 29 weeks of analysis with consistent levels, a plan for scaling in, where to stop, and that big-picture thesis - this earnings leading into the RoboTaxi event will paint the rest of this picture. Now let's take a look at the earnings readout: Optimus Development • A significant new addition to Tesla's innovative portfolio is the development of the Optimus robot, which Elon Musk recently announced is slated for low production by 2025 and high production by 2026. • Optimus, expected to be utilized internally by Tesla as early as next year, represents a leap into robotics that could revolutionize labor and operational efficiency within Tesla’s manufacturing processes. • It would be great to learn on the earnings call about the initial integration of Optimus into Tesla’s ecosystem, its production timeline, and the expected financial and operational impacts of this groundbreaking development. Autonomous Driving • The Q2 earnings call is anticipated to shed light on Tesla’s progress with its Full Self-Driving (FSD) capabilities and the Robotaxi service. The delay in the Robotaxi rollout, while initially a setback, has allowed Tesla additional time to refine and enhance its autonomous technology. • Updates about the integration of FSD into the Robotaxi design -- which is central to Tesla's strategy in autonomous driving -- will be of interest. Tesla's vast real-world driving data fuels its AI, making continuous advancements possible and setting Tesla apart in the race towards fully autonomous vehicles. • Elon Musk's vision for transforming Tesla into a leader in mobility-as-a-service (MaaS) will also be a focus. With Tesla's autonomous tech, the company is poised to dramatically reduce transportation costs, making mobility more accessible and affordable. The introduction of the Robotaxi and potential partnerships with existing ride-hailing services could significantly expand Tesla’s market reach and influence. Energy Storage • Tesla's energy storage segment is likely to be a focal point of the Q2 earnings, following its impressive growth. In 2023 and 2024, this segment's contribution to gross profit notably rose, accounting for less than 8% of revenue in Q1 but potentially reaching or exceeding 14% if revenue doubles sequentially as anticipated • Last quarter, energy storage constituted 10.9% of Tesla’s $3.69 billion in gross profit, a significant increase from 3.7% in Q1 2023. The segment boasts a higher margin profile than Tesla’s automotive operations, achieving over a 24% gross margin in the first quarter. Despite this impressive growth, the expected surge in Q2 revenue will likely not substantially impact EPS, due to the automotive margin stabilizing around 18% • Additionally, the role of energy storage in Tesla's long-term strategy to create a more sustainable energy ecosystem will be examined, with expectations for clear plans on how Tesla intends to leverage its tech capabilities to maintain leadership in this high-potential market. China Market • Tesla's strategy and performance in China will be another significant topic in the Q2 earnings report. Given the dynamic and highly competitive nature of the Chinese EV market, Tesla is expected to outline how it is adapting its business strategy to address local competition and regulatory challenges. This includes detailing efforts to optimize its Shanghai Gigafactory's output and innovations specific to the Chinese market • Interest in Tesla’s customer engagement and marketing strategies in China, especially how Tesla plans to compete with local EV giants like NYSE:NIO , will be high. Furthermore, Tesla’s approach to managing supply chain issues, tariffs, and geopolitical tensions that could affect its operations will be critical. Earnings Estimates Q2 2024 • Sales $24.7B -- down 1% YoY • GAAP EPS $0.48 -- down 38% YoY FY Outlook • Sales $99.4B -- up 33% YoY • GAAP EPS $2.18 -- down 49% YoY Forward looking, the future looks bright...
NASDAQ:TSLA
by PennyBois
2