Tesla Offers U.S. Customers Free Trial of its Driver-Assist TechTesla CEO Elon Musk announced a groundbreaking initiative offering U.S. customers a month-long trial of the driver-assist system. This move comes at a crucial juncture for the electric carmaker as it grapples with softening demand and intensified price competition, factors that have been exerting pressure on its sales and margins. Musk, a staunch advocate for autonomous driving, has long positioned FSD as a potential revenue driver for Tesla. However, the company has faced persistent challenges in fulfilling his vision of achieving full autonomy, encountering regulatory hurdles and legal scrutiny regarding the safety and marketing claims of its vehicles. Despite these challenges, Tesla ( NASDAQ:TSLA ) remains undeterred, with Musk declaring on social media platform X, "All U.S. cars that are capable of FSD will be enabled for a one-month trial this week." Additionally, Tesla staff have been instructed to provide demonstrations of FSD to new buyers and owners of serviced vehicles, signaling a concerted effort to bolster confidence in the technology. However, amidst these efforts, data suggests a decline in the adoption of FSD among North American customers. Researcher Troy Teslike highlights a significant drop in the "FSD take rate" from a peak of 53% in the third quarter of 2019 to just 14% in the third quarter of 2022. This trend, coupled with ongoing price wars with competitors, has eroded Tesla's margins and prompted warnings of subdued delivery growth for the year ahead. Analysts, such as Sam Abuelsamid from Guidehouse Insights, view Tesla's latest move as part of a series of end-of-quarter maneuvers by Musk aimed at bolstering deliveries and revenues. Abuelsamid notes, "The combination of substantial price cuts on the vehicles and dramatically lower FSD take rates has severely hurt Tesla’s margins." Despite the challenges, Tesla ( NASDAQ:TSLA ) remains committed to democratizing access to FSD, offering it as a subscription service priced at $199 a month. However, it's essential to note that Tesla emphasizes FSD does not render its vehicles fully autonomous and necessitates active driver supervision. In conclusion, Tesla's ( NASDAQ:TSLA ) decision to offer a month-long trial of its FSD technology underscores its determination to push the boundaries of autonomous driving despite market headwinds. As the company navigates through evolving consumer preferences and competitive pressures, the success of this initiative could prove pivotal in shaping Tesla's future trajectory in the rapidly evolving automotive landscape.Longby DEXWireNews2
TESLA Ready to Move to the upsideNASDAQ:TSLA has taken a has been on a downtrend the last couple of months. There is a strong support level at $166 that has created a bounce to the upside. I believe we are ready to start an uptrend for greener pesters #bullish. Longby EgideSimba4
Short setting up $TSLAOk, my dowsing keeps talking about TSLA. It started Sunday with a long into Wednesday-Thursday, and to expect a reversal down. Then, Tuesday I was getting similar numbers as Sunday for a high in the 183 area. Yesterday it gave 182, so it's kind of a zone. I did have the 178 number (hod) cuz I know I posted it as a target yesterday. It might only be a first resistance though because I get to sell "after a big move up", and possibly not until later this afternoon. Like 1:00. Anyway, the bigger thing is that I repeatedly get this as a "spike up and reverse down". So, when you get a trigger to short, the targets are down into the $149 area. I ask for the hi-low percent down and get 19.6. That would likely be well into the 140s, so watch out there as it should make an important low. That's about all I have. Hopefully, this can work out and I just keep following TSLA through these swings.Shortby JenRzUpdated 8
Tesla at Great opportunityI believe Tesla at good point to enter as it's reversal at current trendline support. expecting to move up from current price. Entering into India Market is a huge positive for this stockLongby stocktwists2
Tesla looking good at these levels Tesla is approaching multiple levels of historical support, it seems oversold on the RSI - I can definitely see it making a move similar to what I have posted. Longby grbrinkley0
Will there be a surprise in April for TSLAEVs are getting hammered by the market. WIth some are going almost bankrupt ( NYSE:FSK ), some are hopeless when it comes to electrical vehicles. We have been in a downtrend since 2 and some years ago. Since inflation has been higher consumers have avoided financing cars and this has been one reason why the velocity of sales has been lower, adding also that NASDAQ:TSLA has been lowering their price to compensate for these problems. As many have said and joke about it that TSLA is not just a car company, I agree with this thesis. I firmly believe that NASDAQ:TSLA is a gem of a company, and not just because its a car company, (very hard industry) but also because of the technology that it is developing. We have seen the TSLA robots that are being developed and their core potential. TSLA is also making chips, however it has a long way to go to be on par with VANTAGE:NVIDIA , I believe with market momentum and a good story we can see NASDAQ:TSLA bouncing in the following weeks. Usually, I do not analyze stocks that have a pattern such as NASDAQ:TSLA for a long trade since we have not witnessed confirmation yet. However, from here I believe some of the stocks that are leading the market ( VANTAGE:NVIDIA , NASDAQ:MU , BCBA:TSMC ) can shift some momentum to NASDAQ:TSLA with the right conditions. Should the US market continue its strength, I believe NASDAQ:TSLA will be one stock that will produce alpha in this cycle. Keep an eye on the NASDAQ:TSLA press release in April. Goodluck and happy trading.Longby Tradewizard1227
TSLA CALLSThe price shows signs of bottoming out on crucial weekly support zone and appears to be forming higher highs from that point. Expecting a rally to at least $200 levels.Longby Jakh_FX4
TSLA finding Support, Turn incoming?Fibonacci Extensions have TSLA's support at $166 Fibonacci Retracements dictate that the 61.8% of the last run-up is at $177.9 The battle is here, bears defending the red line @ 177.9 Bulls Defending $166 -If bulls can reclaim a close above 177 I forsee a run-up to at least $245Longby CoinObservatory3
TSLA: Signs of bearish exhaustion, possible upward movement The TSLA stock price appears to be showing signs of exhaustion within the bearish trend, suggesting a potential upward movement by the end of the second quarter of 2024. Initial targets are estimated to be between 190 and 200, with the possibility of reaching higher levels, around 240. Additionally, the pattern indicates a potential upside surprise if the price manages to sustain above 160.Longby Quantific-Solutions4
tsla monthly rule 1 suggest more bearish to come base on tredlinbase on trendline monthly chart analysis more bearishness to follow Shortby farooqsattar0
TSLA is a BUY above this level and a SELL below this Key LevelDear Fellow Traders, I am pleased to share with you an incisive examination of Tesla's stock behavior, underpinned by extensive trading experience, particularly in the derivatives market. The meticulous scrutiny of Tesla’s price action has enabled me to anticipate its oscillations with considerable accuracy. Upon close examination of the technical chart, we observe that Tesla has been entrenched in a downtrend since November 2021, a trend that has been consistently recognized within the trading community. The recent technical pattern has signaled a bearish stance with a confirmed sell signal upon closing below the critical threshold of $161. As we direct our attention to the immediate trajectory, I postulate that the support near $165 is poised to be tested. Should this support falter, it augurs a potential reevaluation of prices in the vicinity of $162 to $161. Given the influx of unfavorable news concerning Tesla, the stock has exhibited augmented volatility. Last week's formation of an 'inside candle' is particularly telling. Such a pattern often portends a forthcoming breakout from the established trading range. A decisive move above the $178.80 mark may engender a rally towards the $190 to $194 region. Conversely, a breach below $165 could precipitate further downward movement, adhering to established trading protocols. I wish you all a splendid weekend and extend my best wishes for prosperous trading in the forthcoming week. Moreover, I would like to convey my warm regards for the upcoming Easter Weekend.by dt09537
The Patient Man WinsBullish Divergence on RSI and MACD but not at the desired levels yet. Would like to see it drop to $153 where it would bounce of the support as confirmation before going higher. If it ends up going back to support, it would most likely create a new wave for double bullish divergence which could make the argument stronger. Keep on your watchlist but not at the desired levels yetby diegochuw117
TESLA BUY ZONEThe data provided gives us insights into the analyst sentiment and price targets for Tesla (TSLA) stock over the last three months. According to 34 Wall Street analysts, the average price target for TSLA is $207.74. This average is derived from a range of forecasts, with the highest forecast being $320.00 and the lowest forecast at $23.53. It's important to note that this represents a 21.61% change from the last recorded price of $170.83. Furthermore, in the current month, TSLA has received ratings from analysts, with 28 Buy Ratings, 43 Hold Ratings, and 11 Sell Ratings. This diverse set of ratings indicates a mixed sentiment among analysts regarding the future performance of Tesla stock. In the context of a trade, it's mentioned that there's a small stop loss in place, suggesting a risk management strategy to limit potential losses. Additionally, there's a profit target set at 99.99, indicating the desired profit level for the trade. With these parameters in mind, the trade aims to capitalize on potential price movements in TSLA stock. The trade outlines a potential profit of 1667 pips. As TSLA is a stock, the term "pips" might not be the most appropriate unit of measurement. Nevertheless, it's understood that the trade aims to achieve a significant profit based on the perceived movement in TSLA stock price. Overall, the trade strategy appears to be based on the analyst sentiment and price targets, with a focus on risk management and setting profit targets. Traders implementing this strategy aim to capitalize on potential price movements in TSLA stock while managing their risk exposure effectively.Longby MOAZAM11330
TSLA BUY++++++TSLA has been rather annoying lately, we broke several support areas including the downtrend line support but TSLA is trading above that once again. We are consolidating for a move upward with strong support above $156 which I don't think we will see on this leg. Next major resistance is at $195 cloud and .618 on Fibonacci to be expected in coming 10 days or so. GL and take the bad days with the good daysLongby ShortSeller763
TESLA: Bullish Continuation & Long Trade TESLA - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long TESLA Entry Point - 170.74 Stop Loss - 163.69 Take Profit - 184.25 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals112
Tesla : An EV Pioneer in the US#Tesla might be making its foray in India as well with the recent EV policy in India. Technically, it might be available at a channel bottom as shown in the chart, exit if it breaks down. Can enter with a small stop loss below the trend line. If it breaks the descending triangle, might see a huge upside.by chARTronics11
TSLA longThe weekly chat shows us a Fair value gap above $125 price mark and that looks good to stack up more TSLA between $125-$120 and we get to see $200 per share before the end of Q2. my stops at $100.Longby Thetradehousefx3
$TSLA ONCE IN A LIFETIMEMy Plan: Calls > 178 II Puts <167.50 VERY tight INSIDE week killing premiums with a POWERFUL Fibonacci Harmonic SETUP This is MAKE OR BREAK time - I PLAN to fully automate my options plays ❤️if DOWN! by tradingwarzone338
TSLA @ 87.5 Post-Earnings April 2024 Looks increasingly likely that TSLA will hit below 100 post-earnings in April 2024. TP: 87.5Shortby FutureShock7
TSLA BEARISH !!Tesla (TSLA) has been an icon of innovation and disruption in the automotive industry, but recent developments indicate stormy weather ahead for the electric vehicle giant. Despite its past successes, TSLA's trajectory seems to be shifting towards a rocky road, with multiple factors signaling a potential downturn. Production Hurdles: Tesla's ambitious production targets may be difficult to sustain, especially in the face of supply chain disruptions and increasing competition in the electric vehicle market. Delays or failures in meeting these targets could significantly impact investor confidence. Regulatory Challenges: Regulatory scrutiny surrounding Tesla's Autopilot feature and concerns over safety standards pose a considerable threat to the company's growth prospects. Any adverse regulatory actions or increased oversight could lead to market volatility and downward pressure on TSLA stock. Valuation Concerns: Tesla's sky-high valuation appears increasingly disconnected from its fundamentals. With a Price-to-Earnings ratio that far exceeds industry norms, TSLA's stock may be vulnerable to a significant correction as investors reassess its growth prospects and intrinsic value. Market Saturation: As the electric vehicle market becomes more crowded, Tesla faces intensified competition from both traditional automakers and new entrants. This heightened competition could erode Tesla's market share and put downward pressure on its margins. Macroeconomic Headwinds: Economic uncertainties, including inflationary pressures and geopolitical tensions, could dampen consumer spending and reduce demand for high-priced electric vehicles. Tesla's dependence on consumer confidence and discretionary spending leaves it vulnerable to broader economic trends. Given these challenges, a bearish outlook on TSLA seems warranted. Traders may consider selling or shorting TSLA with a target price of $100, representing a potential return of 89%. This medium-term strategy aligns with the anticipated headwinds facing Tesla and offers an opportunity to profit from the stock's likely downward trajectory. As always, traders should conduct their own research and consider their risk tolerance before making any trading decisions. Keep a close eye on key developments and market trends to adjust your strategy accordingly. Shortby shazuhamza123571110
TSLA Oct 1, 2024This is Tesla on a log scale. It lets you see the big picture. By Oct 1, 2024, TSLA will reach a brand new all time high. Minimum 387.44. Why October? Because that's when TSLA's all time high will intersect with its fair trade price. That would only happen with a company that isn't growing, so unless something happens with Elon it will be squeezed into pushing higher. October might seem far away, but the last time TSLA began its last big move was in 2019. Here we are, five years later, and TSLA is finally done winding up for its next big jump. Short term, it will probably retest 153-160 by May 1st. It would be a great time to look into some Oct 16 350 calls. After that retest, it will make quick work of breaking the following levels: 222, 315, and 370 before taking on the all-time high at around 387-400. I made sketch of the general path I think it will probably take to get there. Moreover, it will more than likely fly past 400 and shoot straight up towards 515. There's always the possibility of shooting past the 500's and aiming for 750-910. Absolute worst case scenario: TSLA will bounce around between 160-225 until September before catapulting itself to 387.44 by Oct 1. (I’ll update with a different kind analysis on TSLA and compare the two to see how things match up) Longby fmpax22Updated 3
Tesla back on TrendlineTesla broke trend a few days ago and recently went back up to bounce on top of the trendline i feel this could switch trend please make up your own mind and share your thoughtsLongby Matthiastocks1