i see a growth in tsla stock because looking fundamentally Tesla (TSLA) Chief Executive Elon Musk has defied big odds and consistently beat expectations since taking the helm of the electric vehicle manufacturer in 2008. Now, after an enormous run up fueled by positive news reports and its fourth-quarter earnings report completed,
is Tesla stock a buy?
ild say yes because of its BIG future also
Tesla stock is cooling off after delivering fourth-quarter results after the close on on Jan. 27 that missed earnings estimates. But it sees 2021 delivery growth accelerating from 2020's pace and confirmed new Model S and X versions are coming. Tesla sees 50% average annual growth in vehicle deliveries, with 2021 expected to be faster than that pace. In 2020, deliveries grew 36% to 499,647. also The rising demand of electric vehicles, batteries and alternate power source over the next 5 to 10 years paints a bullish outlook for the TSLA stock. The recent dip opens a great opportunity for long-term investors to add more stake to the ever-rising TSLA stock. Bulls are likely to be eyeing for a $1,600 - $1,800 monthly close by this coming December. technically we see a rising wedge without a breakout yet , however if we see a break of the wedge to the downside ,we might be seeing more dip for this stock , but my advice is a buy at present price ...make sure to use proper risk management skills, like share and follow me for more info
is Tesla stock a buy?
ild say yes because of its BIG future also
Tesla stock is cooling off after delivering fourth-quarter results after the close on on Jan. 27 that missed earnings estimates. But it sees 2021 delivery growth accelerating from 2020's pace and confirmed new Model S and X versions are coming. Tesla sees 50% average annual growth in vehicle deliveries, with 2021 expected to be faster than that pace. In 2020, deliveries grew 36% to 499,647. also The rising demand of electric vehicles, batteries and alternate power source over the next 5 to 10 years paints a bullish outlook for the TSLA stock. The recent dip opens a great opportunity for long-term investors to add more stake to the ever-rising TSLA stock. Bulls are likely to be eyeing for a $1,600 - $1,800 monthly close by this coming December. technically we see a rising wedge without a breakout yet , however if we see a break of the wedge to the downside ,we might be seeing more dip for this stock , but my advice is a buy at present price ...make sure to use proper risk management skills, like share and follow me for more info