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Will the Tesla (TSLA) rise in the coming months?

Long
NASDAQ:TSLA   Tesla
TSLA

About Tesla

Tesla, Inc. is a transnational American vehicle and clean energy corporation with its headquarters in Austin, Texas. The company creates and manufactures solar panels, solar roof tiles and electric vehicles (electric cars and trucks). Other business focusses are residential and grid-scale battery energy storage, and other associated goods and services. With 21% of the battery-electric (pure electric) market and 14% of the plug-in market, the firm sold the most battery electric and plug-in electric vehicles globally in 2021. This includes plug-in hybrids.

In addition to manufacturing electric cars, the business creates and installs a significant amount of photovoltaic systems in the US through its subsidiary Tesla Energy. As a matter of fact, Tesla Energy is also among the biggest suppliers of such systems globally. The company realised 3.99 gigawatt-hours (GWh) of deployed battery energy storage systems in 2021.

You want to have a closer loot at Tesla? Have a look at Tesla’s Investor Relations.
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Is TSLA a BUY or will the stock price continue to fall?

TradingView reports that 24 rate the Tesla stock as a “strong buy” and five analysts rate TSLA as a “buy”. Three analysts rate it as a “sell” or “strong sell” with a maximum estimate of USD 436.00, an average estimate of USD 232.43, and a minimum estimate of USD 85.00. The current TSLA stock price is around USD 117.00.

The predicted EPS for Q4-2022 may increase by 0.14 to 1.19 from the reported EPS 1.05 in the previous quarter. Analysts predict that the EPS will increase annually by 1.75 from reported 2.26 in 2021 to an estimated 4.01. This represents a rise by potentially 15.42%.

According to predictions, Tesla’s revenue may rise by 53.33% from $53.82 (2021) to $82.52. Can Tesla meet these predictions in times of component shortages and long lead times.

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