#Tsla #TESLA cheet sheet

18 ביוני 2024

Here are some of the important levels to keep an eye on.

Personally I'm still bearish in Tesla.

[Waiting for the mod2 launch]

Will update on Tesla when we are closer to a clear H or L. For now just keep an eye on the current level at 184-185 ish for short term dir.

20 באוג׳ 2024

עסקה פעילה

Broke out of structure. Looking bullish for a push up to 235 ATM.

10 בנוב׳ 2024

עסקה סגורה: היעד הושג

Target reached (look below in the comment section). NASDAQ:MAGS hit a fresh record highs on both Thursday and Friday. New targets will be updated, until then I remain bullish on Tesla long term.


AI could drive the next growth spurt for this EV maker
Most consumers know Tesla best for Elon Musk and his work to make the automaker the most successful EV company in history.

However, the business that shifts Tesla into a higher gear may be autonomous driving. The company just introduced its fully autonomous Cybercab to the market, and Musk forecasts production of these vehicles will reach 2 million units annually by 2026.

The Cybercab is just one application of its AI and robotics research that could revolutionize driving and other human activities. Its full self-driving (FSD) relies on its inference chip, while its Dojo system will power Tesla's data centers. It also conducted robotics research that can handle repetitive or dangerous tasks, turning the automaker into a technology powerhouse.


A lot of hope rides on this technology, and investment groups like Cathie Wood's ARK Invest believe Tesla will eventually derive most of its revenue from selling its robotaxi technology as a service. It speculates this technology could take the stock to $2,600 per share by 2029, a nearly ninefold gain from today's levels.

For now, automobile-related sales accounted for 88% of Tesla's $25 billion in the third quarter of 2024, a gain of 8% from year-ago levels. But efforts to reduce its operating expenses boosted the bottom line, so its $2.2 billion net income in the quarter surged 17% higher over the previous year.

It plans an unboxed manufacturing strategy for its robotaxis, increasing efficiency by building subassemblies in separate areas before putting them all together to build the final product.

Despite such efforts, the EV stock is down just under 30% from its 2021 highs. Still, optimism about its future has kept its price-to-earnings ratio at 82, and succeeding with robotaxis could mean it makes ARK Invest's forecast for a nearly ninefold gain over the next five years a realistic aspiration.

10 בנוב׳ 2024

הערה

Only option here was : Trade closed: target reached.

Disclaimer (I'm still holding).

Diamond hands!

10 בנוב׳ 2024

הערה

Investors bet that Tesla’s CEO, Elon Musk, will benefit from a potential Trump administration. Musk was Trump's most vocal promoter during the campaign and donated over £100 million to help him win the election.

As of Tuesday's close, Tesla had a market capitalisation of approximately £625 billion. Before this week's rally, the car manufacturer's shares had risen about 1 per cent over the year. Now, Tesla's stock price has increased approximately 26 per cent since the beginning of the year.

Tesla joins the growing club of tech companies that are now worth over £770 billion. This group includes Nvidia, Apple, Microsoft, Alphabet, Amazon, and Meta. All these companies, except for Meta, already have a value exceeding £1.55 trillion.


A potential Trump administration might mean fewer regulations for Tesla and other companies. Trump previously stated he might cut the federal tax credit on electric vehicles, which is valued around £5,4, and Ives believes this could be beneficial for Tesla in the long run.

Tesla has the scale and scope that is unmatched. This dynamic could give Musk and Tesla a clear competitive advantage in a non-EV subsidy environment, coupled by likely higher China tariffs that would continue to push away cheaper Chinese EV players (BYD, Nio, etc.).