NASDAQ:TSLA
Tesla Inc (TSLA)
372.22
-2.36 (0.63%)
as of Oct 23, 2026, 8:00:00 pm Market Closed.
1055 watching
Financials 
Technical Analysis 0
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It's fallen a lot in the past year. He viewed it as a car company, but others saw it as a tech company, hence the disparity in valuation. They report tomorrow. He doesn't believe that their price cuts will increase sales volumes. Shares will probably rise 8-9% tomorrow on earnings. Remains volatile. Not a fan. Shares needs to come back to the valuations of other car companies. Tesla shares are back to late 2020 levels; watch for share breaking below this level at that level. Tomorrow, it could enjoy a little rally. He expects it to underperform if the market turns south.
Consumer Products
DON'T BUY
Likes the car. The CEO is going into space, and then got into Twitter. When a stock is built so much around the personality of the founder, the founder has to either get out of the way or focus on the main business, as Gates and Jobs did. Best electric cars, but the others will surpass them. An amazing first mover in the space, "but it's the second mouse that gets the cheese."
Consumer Products
BUY ON WEAKNESS
COMMENT
Apple vs. Tesla in 2023 Tesla has under 10% EV market share in China where many companies are building EVs, so China isn't that much of a growth engine though many feel that is. Musk is telling employees to ignore Tesla's stock action, but TSLA is the biggest stock crash in recent months. Stocks like this simply don't come back. There's a good chance Musk won't be CEO 12 months from now and TSLA will be viewed as a car company (slowing growth) but lacking the craziness of its current CEO. That said, . It will probably rally soon and sharply, making this a great short to stock. He prefers Apple, but at $110 in coming months.
Consumer Products
DON'T BUY
Trades around 35x earnings, similar to Ferrari. Big difference is Ferrari is super-niche, selling only 11K units per year. TSLA's going after the mass market. On track to deliver 1.3M cars in 2022, whereas competitors deliver 5-10M cars every year and they're bringing on a wave of EVs. So TSLA facing lots of competition. Overvalued. Don't buy.
Consumer Products
DON'T BUY
Allan Tong’s Discover Picks Huh? What? Twitter is now a private company? Oh, whew! Dodged a bullet. However. Tesla shareholders may want to re-examine their holdings. Sure, the pioneering e-carmarker reported robust Q3 production and delivery totals, but Tesla is no longer the only EV factory in town. For instance, high-end Mercedes-Benz is cutting prices for its EV’s in the key market of China. Meanwhile, Musk recently sold at least US$3.95 billion of Tesla shares to “save” Twitter, as Musk revealed to staff over a week ago. Add to that the $15 billion more in shares that Musk sold in April and August. Can one person run two companies at once without splitting his focus? Read 3 Momentum Stocks to Switch Out for our full analysis.
Consumer Products
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Premium contentTOP PICK
Tesla’s mission is to accelerate the world’s transition to sustainable energy. Since its founding in 2003, Tesla has broken new barriers in developing high-performance automobiles that are not only the world’s best and highest-selling pure electric vehicles—with long range and absolutely no tailpipe emissions—but also the safest, highest-rated cars on the road in the world. Beyond the flagship Model S sedan and the falcon-winged door Model X sports utility vehicle, Tesla also offers a smaller, simpler and more affordable mid-sized sedan, Model 3, which it is expected will truly propel electric vehicles into the mainstream. In addition, with the opening of the Gigafactory and the acquisition of SolarCity, Tesla now offers a full suite of energy products that incorporates solar, storage, and grid services. As the world’s only fully integrated sustainable energy company, Tesla is at the vanguard of the world’s inevitable shift towards a sustainable energy platform. Social media mentions are up 108% in the past 24h.
Consumer Products
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Their fundamentals were never bad, but its shares flew way too high. Musk was forced to sell a ton of shares to pay for his ill-advised purchase of Twitter. After that sale, Tesla bounced back. After a brutal 2022, it is the biggest winner of 2023 so far.