TESLA, INC. revenues grew 28.31 % in FY 2020 as compared to FY 2019 to 31.54B. Net income grew 179.31 % to 690.00M. TESLA, INC.'s operating cash flow in FY 2020 grew 147.11 % as compared to FY 2019 at 5.94B.
Current working assets are twice as large as short-term liabilities, a good sign for financial resources.
I see all the trends going up well, just that the current short trend is down. Decreasing is just one corrective step for Tesla to have a stronger upside wave in the future.
The price has tested the 50% Fibo zone, and for the strong increasing pressure, the 740 level is very important, if the price can cross this level, the price confirms a very great uptrend.
The 340 zone was really bad when it broke through, then the company would get really tired every, we should sell Tesla stock.
Area 900 is where we put safe profit taking, if we expect further it is still possible. Because the long-term trend is in favor.
Expect a 30% increase in price over the next few days.
Current working assets are twice as large as short-term liabilities, a good sign for financial resources.
I see all the trends going up well, just that the current short trend is down. Decreasing is just one corrective step for Tesla to have a stronger upside wave in the future.
The price has tested the 50% Fibo zone, and for the strong increasing pressure, the 740 level is very important, if the price can cross this level, the price confirms a very great uptrend.
The 340 zone was really bad when it broke through, then the company would get really tired every, we should sell Tesla stock.
Area 900 is where we put safe profit taking, if we expect further it is still possible. Because the long-term trend is in favor.
Expect a 30% increase in price over the next few days.