Well, the smoothed Heiken Achi seems good showing buy/sellI combined Smoothed Heiken Achi with Volume and 200 EMA to give a good view of when time to buy and sell Tesla. Basic but feels pretty good to get a good view when it is time to buy or sell.by peterhelander700111
TSLA short target $179My dowsing keeps saying the easy helpful trade is for TSLA lower. I had this last week as well with a first target of around $189. Yesterday I got targets from $181-77 with the most "ideal" at $179. This morning I ask the advice and get the "multiple days down trend" option. And my favorite answer when I ask about the number 179 = reaches target. I have some topping energy in indexes. I hope this doesn't drag into Friday cuz it's a bit confusing atm with some positive and some negative. Seems mainly negative, but we might have to wait a bit. Once indexes can go back down, TSLA might get some real follow through lower.Shortby JenRzUpdated 227
Tesla's $50 Bil Plunge: Navigating Challenges & the Road Ahead In a shocking turn of events, Tesla ( NASDAQ:TSLA ), the world's most valuable electric carmaker, saw its stock plummet by over 12%, wiping out a staggering $50 billion in market capitalization. The nosedive came on the heels of disappointing Q4 earnings, where Tesla ( NASDAQ:TSLA ) reported a 40% decline in earnings per share and warned of potentially lower growth in 2024. CEO Elon Musk attributed the slump to a price war with a Chinese-made rival, impacting the company's bottom line. Challenges and Margin Pressures: Tesla's fourth-quarter earnings fell short of analysts' expectations, with a gross margin of 17.6%, compared to 23.8% a year earlier. Automotive gross margin, a closely watched figure, dropped to 17.2%, reflecting a price war-induced strain. Musk acknowledged the challenges, particularly the pressure on profit margins, and warned that the company does not have a clear picture of how margins will evolve in 2024. Redwood Initiative: In a bid to revitalize growth, Musk announced an ambitious initiative to launch a new mass-market electric vehicle code-named "Redwood" by mid-2025. Described as a compact crossover, this move is crucial for Tesla ( NASDAQ:TSLA ) as it seeks to stay competitive and navigate the evolving landscape of the electric vehicle market. The announcement, however, raised questions about the timeline and potential impact on Tesla's ( NASDAQ:TSLA ) overall strategy. Market Reaction and Investor Sentiment: Unsurprisingly, Tesla's stock experienced a 12% decline, reaching $181.70 in Thursday's market action. With Musk's recent push to increase his stake from 13% to 25%, and his ambitious vision for Tesla ( NASDAQ:TSLA ) to become a leader in AI and robotics, investor sentiment has become a focal point. Musk's demand for more shares and voting power adds another layer of complexity to the company's future trajectory. 2024 Outlook and Uncertainties: As Tesla ( NASDAQ:TSLA ) braces for a year of potential challenges, Musk emphasized the importance of executing key projects such as the next-generation vehicle, energy storage, and full self-driving. However, uncertainties linger, including the impact of ongoing price cuts, supply-demand dynamics in the electric vehicle market, and the evolving regulatory landscape. Conclusion: Tesla's recent financial turbulence underscores the inherent volatility of the electric vehicle sector. The Redwood initiative, though promising, adds an element of uncertainty to the company's future. As Tesla ( NASDAQ:TSLA ) navigates the challenges posed by a price war, shifting profit margins, and the impending launch of Redwood, stakeholders will be closely watching to see how the electric car giant adapts to this pivotal moment in its journey. The unfolding narrative of Tesla ( NASDAQ:TSLA ) in 2024 promises to be a story of resilience, innovation, and strategic decision-making.by DEXWireNews1
Tesla @ 181.10Using the rocket booster strategy you can see that Tesla is in a selling position. -- What is the rocket booster strategy? -- Step#1- Price has to be below the 50 EMA Step#2- Price has to be below the 200 EMA Step#3- The 50 EMA Should Cross Below The 200 EMA -- Follow these steps to understand both trend analysis and technical analysis . Look at this chart do you think Tesla is going up or down? -- Rocket boost this content to learn more. -- **Disclaimer:** The information provided above is for educational and informational purposes only. -- It does not constitute financial advice, and trading always involves -- a risk of substantial losses, regardless of the margin levels -- used. Before engaging in any trading activities, it is crucial to -- conduct thorough research, consider your financial situation, -- and, if necessary, consult with a qualified financial advisor. Past -- performance is not indicative of future results, and market -- conditions can change rapidly. Trading decisions should be made -- based on careful analysis and consideration of individual -- circumstances. The user is solely responsible for any decisions made -- and should be aware of the inherent risks associated with trading in -- financial markets.Shortby lubosi1
Tesla Confirmed Distribution Tesla could be in for a mark down in price in the coming weeks looking at this weekly chart. Three falling peaks has played out before on this ticker, could it play out again?Shortby MindsetTrad3rUpdated 336
TSLA vs NVDATesla's EV Throne: Secure, But Stock Stumbles as AI Spotlight Shines Elsewhere Tesla, the undisputed king of the electric vehicle (EV) castle, faces a curious predicament. While its Model Y and X reign supreme on the roads, its stock ticker, TSLA, takes a drubbing in the market. The culprit? A spotlight shift towards artificial intelligence (AI), with Nvidia (NVDA) basking in its warm glow. EV Crown Unequivocally Tesla's: Let's be clear, Tesla's dominance in the EV space is undeniable. With a 70% market share in the US and a global lead, they're miles ahead of the competition. Their innovative technology, sleek designs, and robust charging infrastructure keep them firmly planted on the EV throne. So Why the TSLA Slump? Enter the AI gold rush. Investors, ever eager for the next big thing, have turned their attention towards the burgeoning field of AI. Nvidia, a leader in AI hardware and software, has become the new golden boy, its stock soaring as investors bet on its potential to revolutionize everything from self-driving cars to healthcare. The AI Hype vs. Tesla's Reality: While Tesla heavily invests in AI for its autopilot features and future robotaxis, its immediate focus remains on churning out and selling EVs. This, in the face of slowing growth and intense competition in the EV market, makes TSLA a less flashy bet compared to NVDA's AI moonshot potential. Is the Tesla Downturn Temporary? Not necessarily. The AI gold rush might cool down eventually, and TSLA could regain its luster as investors refocus on the booming EV market. However, Tesla faces challenges beyond the hype cycle. Price cuts due to increased competition, potential production slowdowns, and reliance on charismatic CEO Elon Musk for market sentiment are all factors that could keep TSLA under pressure. The Verdict: A Tale of Two Titans: This isn't a David-and-Goliath story. Both Tesla and Nvidia are titans in their respective fields. Tesla will likely retain its EV crown for years to come, while Nvidia may well unlock the potential of AI. The market's current fascination with AI simply overshadows Tesla's ongoing success story for now. Investors, however, must remember that both companies hold immense potential, and the tides of market favor can shift quickly. The key is to understand the underlying dynamics and make informed decisions based on your risk appetite and investment horizon. So, while Tesla navigates the AI hype storm, its throne in the EV kingdom remains secure. But for investors, the choice between the EV king and the AI champion depends on their own vision of the future, and their tolerance for the ever-shifting winds of market sentiment. Alternative charts: Shortby Moshkelgosha5510
TSLA was obviously going to continue with that BEAR pulldownNot only does the technical show it but also their financial statements. #TSLA Shortby InvestingWithChris3
H & S fails, Bullish flag formation Head & Shoulder formation has failed. Next up is Bullish flag formation, before the show goes on UP!Longby ShingieUihos225
Unlocking Tesla's Potentials: A Deep Dive into Elliott WavesTesla's chart remains intriguing, particularly on the two-hour time frame. It's evident that we've experienced a Wave 1 structure after hitting the low at $194. Following that, a Wave A unfolded with a three-wave structure (abc), followed by another B with an overshooting flat pattern (abc). My current belief is that we're still in the process of forming Wave C /Wave (2). This wave should find support between 50% and 78.6%, and anything below could indicate a return to $194. I've placed my stop-loss at 50%, aiming for at least a short-term rise to $300, approximately 34%.Longby freeguy_by_wmcUpdated 111116
TSLA is 2nd most oversold everThere was a plethora of PUT SELLING on NASDAQ:TSLA yesterday and the sellers must not be happy today. OUCH Most of the contracts were at least 6 months plus so they have time unless #Tesla stock gets put to them. Weekly shows selling for last few weeks & the downtrend stopping all advances. (not shown here, pls see profile for more info) Daily, it's @ 2nd most oversold & the 1st was last year. It was not the norm until last year for Tesla to get this oversold.by ROYAL_OAK_INC2
Tesla Long - 4.5R There is significant divergence with the NASDAQ and Tesla. NASDAQ has been ripping higher while Tesla has been declining. Due to the bullish technicals on Tesla I believe this is a bullish divergence and will soon see Tesla reverse once it reaches the pink zone which starts at around 180. Your stop loss can go at 151 for a conservative option, or if going more aggressive at 162 which will increase the risk to reward ratio from 4.5R to 7R. Target is 313.Longby freddie19963
TSLA Earnings After HoursTSLA reports earnings today after hours. QQQ is pretty overbought, but TSLA has been hammered down lately. Really interested to see what they do. I'm technically long shares, but not getting overly optimistic. Gapping down seems to be the crowded trade at the moment. We'll see after the bell!Longby SWRLSUpdated 1
Tesla 2023 Review and Outlook2023 Review In 2023, Tesla delivered over 1.2 million Model Y’s establishing it as the best-selling vehicle globally, regardless of type, signaling a remarkable shift in the automotive landscape. Despite initial skepticism about the viability of electric vehicles (EVs), this success has proven otherwise. Maintaining a robust free cash flow of $4.4 billion throughout 2023, they strategically directed significant resources towards future growth projects, resulting in record-high capital expenditures and research and development (R&D) expenses. They remain committed to innovation and expansion. Energy storage deployments soared to 14.7 gigawatt-hours (GWh) in 2023, more than doubling the previous year's figures. Simultaneously, Energy Generation and Storage business witnessed a nearly fourfold increase in profits. The Services & Other business also experienced a substantial transformation, turning a $500 million loss in 2019 into a $500 million profit by 2023. In the final quarter, the cost of goods sold per vehicle exhibited a sequential decline, a testament to the company's dedication to enhancing efficiency. Looking ahead to 2024, Tesla’s focus remains on scaling production, investing in future growth, and uncovering additional cost-saving measures. In a groundbreaking development, December saw the rollout of Version 12 of Full Self-Driving Beta, a system trained on data from a vast fleet of over a million vehicles. This advanced AI-driven system influences various vehicle controls, such as steering wheel, pedals, and indicators, without relying on hard-coded driving behaviors. V12 signifies a significant leap forward in the journey toward achieving full autonomy. The company’s sights are set on introducing the next generation platform expeditiously, with plans to commence production at Gigafactory Texas. This revolutionary platform is poised to redefine the manufacturing process for vehicles, ushering in a new era of automotive innovation. Outlook Volume: The company currently finds itself between two substantial growth phases. The first wave commenced with the global expansion of the Model 3/Y platform, and they anticipate the next surge to be triggered by the worldwide expansion of the next-generation vehicle platform. In 2024, the growth rate of their vehicle volume may experience a notable decrease compared to 2023, primarily due to the focus of the company on the launch of the next-generation vehicle at Gigafactory Texas. During this period, the growth rate of deployments and revenue in the Energy Storage business will surpass that of the Automotive business they announced Cash: They maintain ample liquidity to support the product roadmap, long-term capacity expansion plans, and other financial obligations. Profit: The company persists in implementing innovations to reduce manufacturing and operational costs, while foreseeing a shift in the profit landscape. Over time, they anticipate that profits from hardware-related aspects will be complemented by an acceleration in AI, software, and fleet-based profits. Product: The ramp-up of Cybertruck production and deliveries is slated to progress steadily throughout the year. Concurrently, they continue to make significant strides in the development of our next-generation platform. Longby financialflagshipUpdated 0
$180 possible by Friday (From Historical data) $TSLABoth Q2 and Q3 2023 earnings reports had negative news for investors, and both had a subsequent drop in their stock value: Post Q2 earnings report in July: Stock dropped by 12%. Post Q3 earnings report in October: Stock dropped by 15% If the stock doesn't hold support at $200, which is currently resistance as of the PM, we may see Tesla hit $190 as the next support tomorrow, following $180 with lower probability if $190 doesn't hold. Shortby valentine_j_Updated 222
The Share Price of TSLA Sharply DeclinedThe Share Price of TSLA Sharply Declined After the Release of the Report Following the publication of Tesla's (ticker TSLA) financial results for the fourth quarter of 2023, the company's stock price dropped. The TSLA share price in pre-market trading today is around $195, compared to yesterday's closing price of over $207 (approximately -6%). Reasons for disappointment: → Earnings per share fell short of expectations at $0.71, compared to the Wall Street consensus of $0.73 per share. → Quarterly revenue amounted to $25.167 billion, which also fell below the expected $25.640 billion. → Additionally, a decrease in profitability was reported, partly attributed to issues with the introduction of the Cybertruck. → Tesla also provided a cautious outlook for 2024, warning that the growth rate in car production volumes could be "significantly lower" than in 2023. This is primarily due to the focus on launching the next-generation vehicle at the Gigafactory in Texas. In October 2023, analysing the TSLA stock chart, it was noted that the price broke below the ascending trend. How does the situation look today? → The TSLA price failed to return to the ascending trend (shown in blue) of 2023. → The price continues to evolve within the descending trend (shown in red), the contours of which were noticeable as early as October. After the release of this news, a bearish gap is likely to form at today's opening, and one should be prepared for: → Breaking the psychological level of $200 per share – this level may switch its role from support (noticeable in the price action on October 30-31) to resistance. → The TSLA share price dropping to the lower half of the descending channel. The median line of this channel will act as resistance. → Bears attempting to extend their success to bring the price down to the lower boundary of the channel (around $180). Investor issues with TSLA stock have been evident for some time, as the price has been noticeably weaker than stock indices reaching peaks in December 2023 - January 2024. If the fundamental backdrop continues to be negative, it is possible that the red descending channel will shape the trajectory of TSLA's price in the first half of 2024. 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 FXOpen1113
Another year to wait for the upTesla looks to release their next gen Vehicle 2nd half 2025 and chart shows good timing for the next upside but sideways until thenby SpaceXJack220
Tesla : After the rain comes sunshineTesla had a nice rally from 100 to 300 in an impulsive wave up after an ABC corrective wave from the all time high. Since hitting 300 price has moved down in a corrective wave lower. This move is a wave 2 and could go to 180 ( 76.4% of wave a of 2 + 61.8% retracement of wave 1 ) or even to 150 ( equal legs inside wave 2 + 76.4% retracement of wave 2 ). Line in the sand for this wave 2 is the 101.81 low, anything below this invalidates this count. Look for price to move higher in an impulsive wave as wave 3 will start after hitting the wave 2 low. Eventually price will break the trendline from the all time high, move above 300 again and hunt for the all time high. Alternative count would have price in a wave C instead of wave 3. This would still break 300 but will turn around down before hitting all time highs. This would also mean that price will break the 100 low, or ...more rain ahead...Longby jdemunter5
TSLA is ready for the biggest move in its historyTSLA will soon have the biggest move in its history on the stock market. It is coiling in a 2-year-old symmetrical triangle, and there is no more room for coiling to continue. It is at the end of the top of the triangle, and the move is imminent. Both RSI and MACD are in the middle and don't show anything about where the move could be. For bulls, there is a slight chance for a breakout because the symmetrical triangle is a continuation pattern, and if we watch it from the start, this symmetrical triangle is forming at higher levels. I would like to see a break on the weekly chart above the blue upper dotted line before entering a longer position. This line represents a minor trend line and connects shadows, while the main trend line connects the closing price. The move should be on a huge candle with volume. Major resistance at ATH. For bears, I would like to see a close below the blue dotted line and also below the 200-week MA. There is more chance for bulls as support is very strong. But if bears manage to break down, and if the break below BigRed, the drop will be crazy and fast, and we will visit 100 in several weeks. Major support at 100 Make or break will be within weeks or days.by Consistent_TradesUpdated 14
TSLA Bearish outlook but glimpse of hopeTSLA our love our heart is now confirming a long running bearish trend since it reached 300 TSLA did a fake breakout at 252 levels which then proceeded towards a bearish movement and now we can see it has officially reached 195 levels Looking at the last 3 RSI oversold touches we can see it was quickly followed up by a bull rally BULL CASE or glimpse of hope!!! 195 is going to be a double bottom and previous very strong support and RSI reaching the same levels like it was at 195 before i,e 30 OCT 2023 was also after Earnings dump So if history repeats and we are lucky it can reverse from 195 levels , From 195 upwards there are very strong resistance levels i.e 200, 208 , 218 and 227 . if we reverse then we should enter after bullish reversal confirmation and be happy with small profits :) BEAR CASE We continue falling down from 195 levels and then next strong support is at 175 then 150 . AFter 150 its the Dark era of TSLA which I hope doesn't come Wait and see game on!!!!by vortexTradingSolutions0
The Fall of TeslaI bought a few put contracts of TSLA early this week - and here were my reasonings: On the technical side, RSI and MACD are bearish of late. In the past during the lat 4 quarters of earnigs, TSLA went down three out of four times when the fundamentals were a lot better. The fundamentals are more challenging no with competition from China.TSLA is also not prirotizing leasing (see today's WSJ). Lastly, they have underestimated the challenge of large scale manufacturing and integrating that AI. I have been an engineer all my life. Large-scale manufacturing is not easy. It takes years. I am bearish long-term on TSLA - unless they can show that they have theor house in order. Shortby avalirk113
$TSLA Double Bottom Day TradeNASDAQ:TSLA Double Bottom Day Trade The technical analysis reveals the presence of a double bottom pattern in the market. This pattern suggests a potential trend reversal, indicating that after a downtrend, the security or asset has reached a low price twice with a moderate increase in price in between. Traders often consider the double bottom as a bullish signal, anticipating a possible upward movement in the future.Longby AlgoTradeAlert1
Avoid Tesla-Jan 24 2024This green box is the origin of this rally, which is also a poor Dz, but again, it's the origin, and below it is another support. It is good enough to ruin short sellers' gain . by THECHAARTIST13133
What is up with THIS>Looks like it is replaying a previous move. Will it go back up now (please)? Longby thing1230