Tag: TSLA

  • This is Why Tesla is Accelerating Higher After-Hours

    This is Why Tesla is Accelerating Higher After-Hours

    Tesla (TSLA) earnings were a disaster. Yet, the stock is up about $11.77 a share after-hours. Its adjusted EPS of 45 cents missed expectations for 51 cents. Revenue of $21.3 billion was also below expectations for $22.15 billion.  “The drop in sales was even steeper than the company’s last decline in 2020, which was then…

  • Crisis Has Again Become an Opportunity with Tesla

    Crisis Has Again Become an Opportunity with Tesla

    Crisis has become an opportunity for Tesla (TSLA). After gapping from about $202 to a low of $172.41, the electric vehicle has become ridiculously oversold. It’s also over-extended on RSI, MACD, and Williams’ %R. From its last traded price of $178.54, we’d like to see it initially refill its gap around $202 again shortly. Better,…

  • Crisis Has Become Opportunity for Tesla

    Crisis Has Become Opportunity for Tesla

    Tesla (TSLA) is starting to recover. After plummeting from about $260 to $180, the electric vehicle stock is starting to pivot from over-extensions on RSI, MACD, and Williams’ %R. Last trading at $191, we would initially like to see TSLA refill its bearish gap around $210. From there, we’d like to see it test $250.…

  • Tesla Stock is Accelerating Into Thursday Event, However…

    Tesla Stock is Accelerating Into Thursday Event, However…

    Tesla (TSLA) could see higher highs this week. Last checked, the electric vehicle stock was up $10.64 on the day on a volume spike to 147 million shares, as compared to its daily average of 121 million. All as investors wait to see what happens at the company’s Cybertruck first delivery event this Thursday, November…

  • Why Investors Should Still Avoid Tesla

    Why Investors Should Still Avoid Tesla

    It was a good idea to avoid Tesla (TSLA) after all. As we noted on Oct. 18, “Down about $7 in after-hours, it’s likely to sink even more tomorrow.  All after missing on earnings. EPS of 66 cents missed expectations of 73 cents. Revenue of $23.35 billion was also below estimates of $24.1 billion. This…

  • Tesla Stock Could Race to $300 this Month

    Tesla Stock Could Race to $300 this Month

    Tesla (TSLA) could accelerate to higher highs. Last trading at $279.02, we’d like to see it closer to $300 this month. All thanks to strong demand for electric vehicles, and after its key numbers crushed expectations. Just last week, the company said it delivered 466,140 vehicles in the second quarter. In the first quarter, it…

  • Here’s Why Tesla Could Soon Break Higher

    Here’s Why Tesla Could Soon Break Higher

    Tesla (TSLA) could break out. All with Wedbush analysts expecting good numbers ahead of the company’s first-quarter numbers, and after the firm reiterated an outperform rating with a $225 target. Analysts noted, “Clearly since the Model Y/3 price cuts were implemented early this year demand has been robust during the course of 1Q led by…

  • Tesla Exploding Ahead of its Investor Day Event on March 1

    Tesla Exploding Ahead of its Investor Day Event on March 1

    With Tesla’s Investor Day set for March 1, the EV stock is exploding. In fact, if you want to see the event’s live stream, you can do so by clicking here. It’s not live just yet, but it will be over the next couple of days. At the event, investors will be privy to Tesla’s…

  • Still Racing, Tesla Could Soon See $300 Again

    Still Racing, Tesla Could Soon See $300 Again

    After plummeting from about $325 to less than $100, Tesla came screaming back. Now at $210.85, we’d like to see it closer to $300 this year. .  For one, millions of electric vehicles are expected to hit the roads over the next decade. Two, Tesla just reported EPS of $1.19, which beat by six cents. Three,…

  • The Top Reasons to Invest in Tesla Now

    The Top Reasons to Invest in Tesla Now

    Tesla (TSLA) could race higher. For one, this Thursday, shareholders will meet to vote on a 3:1 stock split proposal. While stock splits don’t add any intrinsic value, they can make powerhouse stocks, like TSLA even more attractive at less cost. “We believe the stock split would help reset the market price of our common…