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Teslaanalysis

TESLA: TECHNICAL AND FUNDAMENTAL ANALYSIS - SHORT SETUP 🔔Electric cars and autonomous driving are the very forces transforming the auto industry today. As a pioneer in these technologies, Tesla seems poised to threaten the decades-long dominance of the leading conventional automakers. After Tesla posted huge sales growth and positive net income for seven consecutive quarters, it seemed that the company had mastered not only the technology but also the art of doing business. The company's stock soared 20 times from $40 to $883 in less than two years. Investors who didn't get into positions sooner were disappointed, missing out on an incredible rally. But now that Tesla stock is down 33% from its 2021 high, maybe there's a chance to buy the stock? Let's analyze whether the recent drop is an attractive entry point into a long position. The recent decline in Tesla stock can be explained by many factors. To begin with, the company's performance in the most recent quarter did not impress investors. While the company's first-quarter earnings were up from the year-ago quarter, they declined sequentially. Tesla attributed the drop to a drop in the average selling price of its devices. Notably, the company did increase its gross margin, as unit manufacturing costs also declined. Another problem was that the bulk of Tesla's profits came not from its core car-selling business, but from regulatory loans - which Tesla sells to other automakers, who can use them to avoid penalties under certain emissions standards. Tesla has also encountered some supply chain problems that could persist in the coming quarters. Meanwhile, the opening of Tesla's plant in Berlin has been delayed by at least six months because of permitting problems. In China, the company is facing increasing competition from local companies, which led to a drop in car sales in April. That said, China is a key market for Tesla, accounting for nearly 30 percent of first-quarter sales. Finally, last month's car crash involving a Tesla vehicle raised concerns about the safety of the company's autonomous driving features. The California Department of Motor Vehicles is investigating whether Tesla's FSD ( full self-driving) feature is misleading consumers. Overall, Tesla faces numerous problems. With a high price-to-sales ratio of about 30, which the stock had back in January, a series of problems has clearly alarmed investors, leading to a steady drop in the stock price. All of this may look scary, but competition, delays in plant construction, and supply problems are not uncommon for a fast-growing car company. Tesla has already proven that it can successfully overcome such obstacles in the past. The company continues to focus on increasing battery range, expanding production capacity worldwide, and developing FSD features. The recent drop in Tesla stock, caused in part by operational problems, has brought its valuation to a more attractive level. Thanks to rising sales and a falling stock price, the price-to-sales ratio has improved to 18 from 30 in January. Given that the company's sales have grown at an average rate of 50 percent over the past five years, and the company expects shipments to grow at the same rate each year, the ratio looks very reasonable. While the company's valuation still looks high compared to other car stocks, such a comparison does not take into account Tesla's huge potential in the autonomous driving segment. Based on autopilot vehicle mileage data, the company could already be many years ahead of its competitors in this key segment, which looks set to change driving as we know it today. Although even Tesla is a long way from fully autonomous driving, the company is already offering its current FSD feature as a separate paid upgrade. Tech companies and conventional automakers may challenge Tesla for autonomous driving in the future. But Tesla's vertical integration should work better in the long run than any collaboration between a tech company and an automaker. Thus, Tesla is well-positioned to capitalize on its progress in electric vehicles and fully autonomous driving. As it offers an improved autonomous driving experience, people's enthusiasm for Tesla and its stock should only grow.
NASDAQ:TSLAShort
by FOREXN1
16
Let's watch the 592 area!Tesla is trading in a decisive point! The 592 is a strong resistance for us, and it couldn't be defeated today. At least Tesla hit the 20ma again, and it is a nice support level. If Tesla breaks the 592 tomorrow, it might climb to the 626 next, and this would be a breakout from a pivot point, a good reversal pattern for us. In the 4h chart we have an open gap at 733, but the bias is bearish. So, we must wait for the confirmation in the 30 min chart. The RSI is pretty weird in the 4h chart, and we have a divergence in the 30 min, and if Tesla breaks the 592 resistance, we will see a nice trade ahead. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
5
TESLA ANALYSIS (BUY)TESLA has continued trading in its daily ascending channel. Price has now reached the ascending support and we can clearly see how the ABC correction has formed. With the bouncing off from .382 fibo, we can expect this to be a flat correction and we should now expect a bullish impulse soon. I highly recommend you to check out all my Tesla updates provided in the links below. Please show your support by liking this idea or leaving a comment below and follow for more updates. Thanks
NASDAQ:TSLALong
by Timgucci
6
Exit the uptrendDescription It has been on an uptrend for about 14 months. In fact, after March 2020, when prices moved away from their real value, most markets started an uptrend, but apparently this uptrend has continued so long that it is no longer organic. The uptrend line that has been around for a long time is broken and there is a support that will probably prevent a re-fall for a while, and a downtrend line is observed that is relatively strong. But what is the current trend ?? When we get out of the uptrend, we either have to wait for a downtrend or the market will suffer for a while. Side resistance and if the downtrend line overcomes support We should expect a downward channel.
NASDAQ:TSLA
by Therezavni
TESLA END GAME Inflation + EV Bubble + Bearish TA + Crazy Elon = Extreme Volatility -If inflation sell-offs keep up, markets will go down and so will Tesla. Bearish sentiment in that sense. - Market is getting over-saturated with EV startups and good competition. Tesla is like the OG but it ran up too fast and quick due to pumps and speculation. -Closed below upper support levels, and that bullish pennant that broke to the downside isn't helping. -Who knows what Elon will tweet next... I expect more downside before the upside. Good investment and volatility are great for trading at support levels.
NASDAQ:TSLA
by ILuminosity
Tesla long starting the next leg up? Last week on Friday TSLA S3XY algorithm initiated a long position on the 30 min aggregation period with extended session ON at 10:00 AM est. S3XY algorithm is designed for automated trading using common shares; however, enabling extended session ON allows option traders to pinpoint entry with discretion. On the daily time frame s3xy is still showing a sell short position, so next week tsla will attempt to breakout out or continue lower and break down below 700 and lower with volume.
NASDAQ:TSLALong
by TOSOPTION