TESLA; a decade aheadThis analysis is based on extreme assumptions about the world and is not an investment advice. If wrong I'll delete :)by nakg3Updated 220
Tesla's Robotaxi Set to be Unveil Amidst Investor SkepticismTesla's journey on the stock market has been nothing short of tumultuous in recent times, as the electric vehicle (EV) giant grapples with diverging narratives surrounding its futuristic promises and current market challenges. Elon Musk, Tesla's enigmatic CEO, once again sought to change the narrative by teasing the long-awaited robotaxi unveiling, scheduled for August 8th. This announcement, following a denial of reports about shelving plans for a cheaper electric vehicle, prompted a surge in Tesla's shares in extended trading. However, amidst the hype, questions linger about the feasibility of Musk's grand vision. Tesla's history is peppered with ambitious promises and delayed deliveries. Musk's predictions about autonomous vehicles, including the much-touted robotaxi, have yet to materialize despite years of anticipation. Regulatory hurdles, technical challenges, and manufacturing setbacks have impeded progress, casting doubt on the viability of Musk's ambitious timelines. Despite Musk's attempts to steer attention towards the future, Tesla's present struggles remain undeniable. Sluggish demand, intensified competition, and supply chain disruptions have weighed heavily on the company's performance. Tesla's first-quarter deliveries witnessed an 8.5% drop from the previous year, contributing to a sharp decline in share value. The regulatory landscape further complicates Tesla's path forward. Recent recalls and safety concerns surrounding Tesla's Full Self-Driving (FSD) software underscore the challenges of gaining regulatory approval for autonomous vehicles. Convincing regulators of the safety and reliability of Tesla's technology remains a formidable task, one that could significantly impact the trajectory of the company's autonomous ambitions. As Tesla ( NASDAQ:TSLA ) navigates these challenges, investor skepticism looms large. Analysts have questioned Tesla's growth prospects amidst a backdrop of sluggish demand and mounting competition. The recent selloff in Tesla's shares reflects growing concerns about the company's ability to deliver on its lofty promises amidst a volatile market environment. Tesla's future hinges on its ability to bridge the gap between promise and reality, demonstrating tangible progress in delivering on its ambitious vision while addressing present-day challenges. The upcoming robotaxi may capture headlines, but the road ahead for Tesla ( NASDAQ:TSLA ) remains fraught with uncertainty. Technical Outlook Technically, NASDAQ:TSLA stock has accumulated liquidity during its worst market days coupled with the release of its Robotaxi, it will capitalize on its gains as more buyers step in and then surge to a new Resistance level. The Relative Strength Index (RSI) at 45.09 is pretty much good for a perfect entry as NASDAQ:TSLA is on its way to a new Resistance zone.Longby DEXWireNews5
Tesla's upcoming Robotaxi launch: stock trading idea 8/04/24Tesla Inc. is gearing up for a significant reveal on 8 August this year, as it plans to introduce its much-anticipated robotaxi. This move comes at a time when the company is navigating sluggish sales and increasing competition from more affordable Chinese electric vehicles. Elon Musk, the CEO of Tesla, announced on his social media platform, X, the upcoming unveiling of the robotaxi. Tesla has long been ambitious about its vision of a fully autonomous vehicle, first presented to investors in 2019. Recently, Tesla has rolled out the latest iteration of its driver assistance software, marketed as Full Self-Driving (FSD), to its consumer base. Given this backdrop, let's delve into Tesla Inc.'s stock (TSLA) to scout for potential trading opportunities: Analysing the Daily (D1) chart, a support level is identified at 160.51 USD, with resistance at 182.87 USD. A breakout above this resistance level could signify the start of an uptrend. On the Hourly (H1) chart, initiating long positions becomes attractive upon breaching the 182.87 USD mark, targeting a short-term objective of 205.06 USD. For those looking at a medium-term investment, maintaining a long position until reaching 233.87 USD could be viable. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66.02% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Editors' picksby RoboMarkets2020212
2 scenarios on TSLA.🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life! 01:53by OptionsMastery2
$TSLA hitting key Fibonacci LevelsLooking at Fib levels using the monthly chart we can see the run up from 2020 to 2022 the retrace on fib was respected. If we draw the same for the most recent run up it looks like we are at or approaching multi year lows. This coincides nicely with the bad news cycle and low point on revenue for TSLA. So on fundamental and Fib basis this is a good entry point to start averaging in a long term position. Be gentle :)Longby linkfund114
TESLA ON DAILY SUPPORTHere it is very clear that the price of Tesla has once again revisited the daily support identified. Now I am expecting to see a potential reversal based on how the price has reacted over this highlighted zone earlier. Additionally, I have sketched down the price action inside a falling wedge pattern which also supports the bullish projection. Longby ChampsMoneyConcepts10
TESLA 100$ Rally possibleCurrent price level is good for early entry. I would be careful around 191 cause previous low but if bull manage to break this level 260 possible Longby Hexacapital1120
TESLA: Growth & Bullish Forecast The analysis of the TESLA chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals111
TESLA is breaching an important monthly tl support butTesla is following a Monthly channel precisely , now it is breaching an important monthly support but there is still a possibility that it will close above it, to be positive it must has to open above the monthly tl level. in case of continuation of the downward movement, trying to give some important support levels in comment sectionby omvats1Updated 5519
TESLA Downtrend/dangerous. The price came on an LT mount. A Wolfe wave is emerging. TP No. 1 is statistically point 4. Make your own opinion based on your setups/strategies.by Yannick19616624
Tesla Abandons $25K Vehicle for Robotaxi Sends Stock Plummeting Tesla ( NASDAQ:TSLA ), the electric vehicle (EV) pioneer led by visionary CEO Elon Musk, finds itself at a crossroads as it grapples with strategic shifts and market turbulence. The latest blow came as Reuters reported the cancellation of Tesla's much-anticipated $25,000 vehicle, sending shockwaves through the investment community and sparking a sharp decline in Tesla (TSLA) stock. The report, citing insider sources and internal messages, revealed Tesla's decision to pivot away from the affordable vehicle segment towards doubling down on its self-driving robotaxi platform. Despite Musk's swift denial on social media, the news triggered a 3.63% drop in Tesla's ( NASDAQ:TSLA ) stock price, hitting a 2024 low and fueling investor uncertainty. The abrupt shift in focus underscores Tesla's relentless pursuit of innovation and disruption within the automotive industry. While the cancellation may disappoint some enthusiasts eagerly awaiting an affordable Tesla ( NASDAQ:TSLA ) model, it reflects the company's strategic realignment towards future mobility solutions, particularly autonomous driving technology. Tesla's ambitious plans for a self-driving fleet of robotaxis represent a bold bet on the future of transportation. By leveraging its existing vehicle platform, Tesla ( NASDAQ:TSLA ) aims to revolutionize urban mobility and reshape the way people commute, work, and travel. Musk's unwavering commitment to advancing autonomous technology underscores Tesla's vision of a future where cars become autonomous robo-taxis, providing on-demand transportation services at scale. However, the pivot away from the $25,000 vehicle raises questions about Tesla's product roadmap and long-term competitiveness. Critics argue that abandoning the affordable EV segment could limit Tesla's market reach and alienate budget-conscious consumers, potentially ceding ground to competitors in the rapidly evolving electric vehicle market. Despite the setback, Tesla ( NASDAQ:TSLA ) remains bullish on its growth prospects, citing ongoing developments at Gigafactory Texas and emphasizing its position between two major growth waves. Musk's reassurances about progress on the next-generation vehicle platform offer a glimmer of hope for investors amid the turbulence. Meanwhile, Tesla's stock performance reflects the uncertainty surrounding the company's trajectory. Recent gains fueled by the rollout of Full Self-Driving (FSD) updates were overshadowed by broader concerns about earnings projections and market sentiment. With analysts revising downward their 2024 earnings forecasts, Tesla faces mounting pressure to deliver on its ambitious targets and maintain investor confidence. Looking ahead, Tesla's ability to navigate regulatory challenges, technological hurdles, and competitive pressures will be crucial in shaping its trajectory. As the EV giant grapples with strategic decisions and market headwinds, investors remain cautiously optimistic about Tesla's long-term prospects while acknowledging the volatility inherent in disruptive industries.by DEXWireNews445
TSLA Tesla DowntrendIf you haven`t bought the dip on TSLA: nor sold the regional top: Then it's worth noting that it seems to be entering a downtrend due to intense competition from Chinese EV rivals like Li Auto, Nio, XPeng, and notably, BYD.Shortby TopgOptionsUpdated 4
Tesla TSLA not currently out of the woods but bottom may solidy Tesla, poor boy, seems to be trying to pour some concrete for a bottom. Sorry, can't say go long until the price goes above the sagging trendline and bounces. On the other hand, it's just too low to take a negative position to go further down. Beatup but TSLA is never out. No trade until the upside breaks the trendline and bounces in confirmation.by paladino4441
Understanding the Differences Between Stock Market and Crypto P2Thank you very much for your support, as I told when we will get 20+ likes on Part 1, than I will make Part 2. Here you get the summary of each, with the other points: 10. Market Infrastructure: The infrastructure supporting traditional stock markets, including trading platforms, clearing systems, and market data providers, is well-established and interconnected, whereas the infrastructure for the crypto market is still evolving and fragmented, with multiple competing platforms and protocols. 11. Market History: Traditional stock markets have a long history dating back centuries, with well-documented market cycles and economic trends, whereas the crypto market has a relatively short history, with significant price movements driven by technological developments and market speculation. 12. Regulation of Investment Products: Traditional stock markets offer a wide range of investment products, including stocks, bonds, mutual funds, and exchange-traded funds (ETFs), all subject to regulatory oversight, whereas the crypto market primarily offers cryptocurrencies and tokenized assets with varying degrees of regulatory clarity. 13. Market Correlation: Stocks and traditional financial assets often exhibit correlations with broader economic indicators such as GDP growth and interest rates, whereas the crypto market may demonstrate correlations with factors such as Bitcoin dominance, market sentiment, and technological developments. 14. Market Participants: Traditional stock markets attract a diverse range of participants, including retail investors, institutional investors, hedge funds, and pension funds, whereas the crypto market has a more diverse participant base, including retail traders, technology enthusiasts, speculators, and early adopters of blockchain technology. 15. Market Fragmentation: The stock market operates as a unified marketplace with standardized trading rules and regulations, whereas the crypto market is fragmented across multiple exchanges, each with its own trading protocols, liquidity pools, and pricing mechanisms. 16. Market Impact of News Events: News events such as corporate earnings releases, economic data reports, and geopolitical developments have a significant impact on stock market movements, whereas the crypto market may react more strongly to news related to regulatory developments, technological advancements, and adoption trends. 17. Market Efficiency: The efficiency of traditional stock markets is supported by established trading mechanisms, liquidity providers, and market makers, leading to relatively stable price discovery and reduced arbitrage opportunities, whereas the crypto market may experience inefficiencies due to lower liquidity, market manipulation, and regulatory uncertainties. Stock Market: Pros: Stability: Stock markets have a long history and are generally stable investment options. Regulation: They are heavily regulated, providing a level of security for investors. Diversification: Investors can choose from a wide range of stocks across various sectors and industries. Dividends: Many stocks offer dividends, providing a source of passive income. Access to Information: There is a wealth of financial information available for analysis and research. Cons: Limited Trading Hours: Stock markets operate during specific hours on weekdays, limiting trading opportunities. High Entry Barriers: Some stocks may require a significant investment, making it inaccessible for small investors. Market Volatility: While generally stable, stock markets can still experience significant volatility during economic downturns or market crises. Slow Settlement: Settlement times for stock transactions can take several days, delaying access to funds. Limited Accessibility: Access to certain stocks may be restricted based on geographical location or regulatory requirements. Crypto Market: Pros: 24/7 Trading: Cryptocurrency markets operate 24/7, allowing for round-the-clock trading. Accessibility: Anyone with internet access can participate in the crypto market, promoting inclusivity. Potential for High Returns: The crypto market has seen explosive growth, offering the potential for high returns on investment. Decentralization: Cryptocurrencies operate on decentralized networks, reducing dependency on centralized authorities. Technological Innovation: The crypto market is at the forefront of technological innovation, with developments in blockchain and decentralized finance (DeFi). Cons: Volatility: Cryptocurrencies are highly volatile and can experience rapid price fluctuations. Lack of Regulation: Regulatory uncertainty in the crypto market can lead to investment risks and market manipulation. Security Risks: Cryptocurrency exchanges and wallets are susceptible to hacking and cyberattacks. Limited Adoption: Despite growth, cryptocurrencies still face challenges in widespread adoption as a mainstream form of payment. Complexity: Understanding cryptocurrencies and blockchain technology can be challenging for newcomers, leading to potential investment mistakes. Summary: Both the stock market and the crypto market offer unique opportunities and challenges for investors. The stock market provides stability, regulation, and a wide range of investment options, while the crypto market offers accessibility, potential for high returns, and technological innovation. Deciding which market is better depends on individual preferences, risk tolerance, and investment goals. Diversification across both markets may provide a balanced approach to building an investment portfolio. Educationby smarttrader012227
TESLAI think that Tesla has completed the correction process, I think that it is likely to be the end of a 4th wave, and I believe that there will be sharper increases with the breaking of the narrowing triangle.Longby alipervanoglu2211
Investment Opportunity TESLAWe are back on an interesting demand zone which initiated a big upside push, it means there is a lot of buy orders, if the price react well on this demand zone and break 184 price with a least a daily candle, I will buy TESLA. Target Price Upside : 71% and more Stop Loss : 16%Longby EvergreenWealthAdvisor1
TESLA weekly chart - on the cross roadsSUMMARY - Neutral with NASDAQ:TSLA being right at support of ~$160 current weekly chart for TESLA: - June 2022 and Nov 2022 had very similar MACD charts showing 2 very different scenarios (outcomes) - In scenario 2, however, the VORTEX was totally different, very deep in the red - currently, the VORTEX (indicator at the bottom) looks more like scenario 1 from June 2022 - the downward channel (adjusted) has been less steep now but can't be disregarded yet. by engwicht3
Tesla BounceTesla has found a floor, I would expect a bounce to 200 level. Be careful if price doesn't get up immediatelyLongby SniperSignals2
TESLA BEAN CANTHIS IS GOING TO BEAN CAN RIGHT AROUND MAY 9. GOING TO BE A PARABOLIC BEAN CAN THAT MELTS FACES. it is going to be so crazy how big this trade is going tobe inshallah mashalla by corneliusrussell47113
TESLA WILL RISE (in second half of the year)Tesla had some bad news in the last months but it will come back. It is just a question of whenLongby Chrlstlan223
TSLA Analysis: Price Recovers after Disastrous ReportTSLA Analysis: Price Recovers after Disastrous Report We previously wrote that lower vehicle deliveries could lower TSLA's stock price. And as it became known on Tuesday, Tesla, led by Elon Musk, delivered just 386,810 cars in the first three months of 2024 - 14% below analysts' forecasts, according to Bloomberg. As a result, Tesla shares fell 4.9% that day, extending their 2024 decline to 33%, the worst performance in the Nasdaq 100 Index. What is the market outlook? Bullish arguments: → After a strong disappointment on Tuesday, the price of TSLA showed signs of stability on Wednesday and Thursday. Since these were bullish candles, and the market was recovering despite the non-bearish gap on Tuesday, this can be interpreted as a sign of demand. → From the point of view of technical analysis, the market is supported by the lower border of the downward channel (shown in red). The price forms rebounds from this border, as shown by the arrows. → Bloomberg writes about a decrease in the number of short positions after the report on Tuesday. This could be a sign that short position holders do not see any further decline in the price of TSLA and are taking profits. Bearish arguments: → TSLA price is still in the lower half of the downward channel, despite the bullish sentiment in the stock market. → Resistance may come from the level of USD 183 per share and the median line of the descending channel. If the bears continue to dominate, the price of TSLA could fall towards the psychological level of USD 150 per share. But the balance of sentiment may be changed by the release of Tesla’s first-quarter reports, scheduled for April 17. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen119
Navigating the Bearish Currents - A Technical Perspective.Tesla, Inc. (TSLA): Technical Analysis Report In the context of Tesla's current weekly price action, a convergence of bearish indicators warrants a cautious stance. The stock, last recorded at $171.11, hovers at the precipice of the lower Bollinger Band, traditionally a demarcation of oversold conditions, yet the band's expansion underscores prevailing volatility rather than a definitive bullish reversal signal. A scrutiny of moving averages reveals that the price trajectory has decisively punctured the 20-week SMA, currently positioned at $267.99, which has historically served as a dynamic fulcrum between bullish and bearish phases. This recent downturn beneath the SMA augments the bearish thesis. The Fibonacci retracement levels, extrapolated from the nadir of March 2020 to the zenith in November 2021, denote a breach of the pivotal 61.8% level. Market orthodoxy suggests this breach could potentially precipitate a further decline towards the 78.6% Fibonacci level, a juncture that has yet to be tested. An examination of volume patterns accentuates the bearish narrative, with a conspicuous predominance of selling pressure evident in the recent spate of weeks. This is exemplified by a succession of red volume bars, each eclipsing their green counterparts, denoting the intensity of the distribution phase. Complementing the price-volume action, the Relative Strength Index (RSI) teeters on the edge of the oversold threshold at 37.86. While not yet signaling a capitulation, its proximity to the oversold territory may portend a potential inflection point should a further descent materialize. In juxtaposition to the technical indicators, Tesla's financial health, as intimated by its net income trajectory, reveals a disconcerting downtrend in quarterly performance. This fundamental aspect, in tandem with technical pressures, compounds the case for a guarded outlook. In synthesis, Tesla's technical posture is marred by bearish undertones, with multiple indicators corroborating a scenario ripe for continued retracement. Vigilance is advised around the 78.6% Fibonacci level, which may offer a sanctuary for price stabilization. Traders and investors alike should remain attuned to volume fluctuations and RSI readings for early signs of a trend reversal or consolidation. Notwithstanding, the intersection of technical adversity and waning financial metrics prescribes a strategy of prudence and stringent risk management.by AxiomEx113
Tesla Stock Down 30% This Year. What Happened to the EV King?The electric-car maker is in dire need of charging after losing more than $260 billion this year and turning Elon Musk into the biggest loser among the world’s wealthiest. Table of Contents » How It Started vs How It’s Going » Nothing Magnificent About It » Competition Revs Up » Teslas Pile Up on Weak Demand » If You’re Having a Bad Day, Read This 📍 How It Started vs How It’s Going Tesla (ticker: TSLA ) kicked off the year as the big tech highflyer we all know. With a valuation of more than $780 billion, the electric-car maker stepped into 2024 as the world’s largest EV seller. Deliveries were standing at record highs and chief executive Elon Musk was the world’s richest person and was looking at a gargantuan $55 billion pay day. All of that was taken away in one way or another. Chinese automaker BYD (ticker: 1211 ) dethroned the EV kingpin by selling 526,000 EVs for the fourth quarter of 2023, more than Tesla’s 484,000. Even as Tesla reclaimed the top spot in the January through March quarter, it flagged a worrying signal that its business was shrinking. As for Elon Musk, he lost a court battle over his lofty $55 billion pay package when a judge called it “an unfathomable sum.” Shortly before that, he handed the World’s Richest title to Amazon founder Jeff Bezos . 📍 Nothing Magnificent About It Chugging through first-quarter twists and turns, Tesla drifted away from the highly exclusive club called the “Magnificent Seven.” The group of companies with a snappy nickname is made up of Microsoft (ticker: MSFT ), Nvidia (ticker: NVDA ), Facebook parent Meta (ticker: META ), Google parent Alphabet (ticker: GOOGL ), Amazon (ticker: AMZN ), Apple (ticker: AAPL ), and outsider-in-the-making Tesla (ticker: TSLA ). How did that happen and why is Tesla at risk of falling out of the Magnificent Seven? Tesla’s valuation — which is notoriously volatile and hard to pinpoint — saw a massive 30% drop over the first three months of 2024, turning the stock into the worst performer in the S&P 500. More than $260 billion has been washed out since early January, giving the EV maker a price tag of around $520 billion today. Zoom further out, and you see Tesla peaked during the Reddit stocks meme-trading era of 2021 when shares hit an all-time high of $417. Back then, Tesla became the first car manufacturer to break into the $1 trillion club. Tesla stock has lost about a third of its valuation this year. Source: TradingView The drastic fall spotlights a stark difference between Tesla and the rest of the Magnificent Seven big shots. The other tech giants are at the top of well-developed yet competitive industries. Take for example Microsoft — the software mainstay has created for itself a competitive moat in the enterprise and retail software business. Tesla, on the other hand, is the trailblazer for the EV revolution but charged up rivals are shifting gears, threatening to soak up market share fast. 📍 Competition Revs Up Chinese smartphone maker Xiaomi (ticker: 1810 ) last week unveiled a slick-looking, tech-rich electric ride. The model is called SU7 and it clocked up 10,000 reservations in the first 4 minutes after launch. Then it got to 89,000 in 24 hours. The successful launch bumped Xiaomi’s market cap by $4 billion to around $50 billion, or 10 times less than Tesla. The SU7, however, is priced lower than a high-end Model 3. Tesla has more rivals to outsell, among them BYD (ticker: 1211 ) and the more-niche player Rivian (ticker: RIVN ). Rivian is an EV startup that marked a 70% increase in sales for the first quarter. The number, however, is a tiny 13,980 units delivered. 📍 Teslas Pile Up on Weak Demand Tesla’s year went from bad to worse this week when it announced it had delivered 386,810 EVs in the first quarter. The number was about 20,000 below the most bearish forecast on Wall Street. It was also 9% lower than last year’s first quarter, indicating that the company’s business is shrinking. More importantly, Tesla produced 433,371 units, leaving about 46,000 waiting to be purchased by customers. The difference between production and deliveries meant that unsold models are piling up. A demand issue maybe? 📍 If You’re Having a Bad Day, Read This In all that chaos, Elon Musk emerged as the world’s worst moneymaker, taking a huge blow to his net worth so far this year. According to the Bloomberg Billionaires Index , the eccentric engineer is down $45 billion to roughly $180 billion, taking the number one spot on the loser board. Elon Musk owns a 20.5% stake in Tesla worth about $120 billion, according to a December 31 filing . The stake consists of 411 million shares of common stock and 303 million stock options with a strike price of $26 a pop. The majority of Musk’s wealth is concentrated in his EV company, but he also owns private social media platform X, former Twitter, and space exploration company SpaceX, among other businesses. 📍 What’s Your Take? Are you buying the dip in Tesla stock? Or are you waiting for a deeper drop before scooping up some shares for yourself? Let us know your thoughts on Tesla’s future in the comments below! 🚀if you liked this article, give us a follow to make sure you don't miss any. 💖 TradingView TeamEditors' picksby TradingView3636 1K