Buy, Sell or Hold: Tesla Motors Inc (TSLA-Q) — Stock Predictions at Stockchase

NASDAQ:TSLA

761.61

37.24 (5.14%) 1d

Showing 1 to 15 of 241 entries

BUY

Continues to like the prospects of the company even with extremely high valuation. Sky high valuation is justified given the advanced nature of software and technology. Results coming in better than expected as production increases with stable costs. Company able to raise prices on products as consumers willing to pay. Autonomous driving presenting large opportunity many years into the future.

DON'T BUY

Allan Tong’s Discover Picks This leaves TSLA stock with a PE around 183x, a market cap over $900 billion, and a beta of 2, based on shares trading around $900. Now, Tesla has beat its last four quarters, including a blowout last time, so the company does perform. It remains the global market leader in EV’s with nearly a 14% market share, compared to VW Group at 11%, BYD, a Chinese company, at 9%, and GM at 7.6%. In 2021, 6.6 million EV’s were sold (led by Chinese sales), more than tripling auto market share since 2019. Current sky-high fuel costs will only fuel demand for EV’s. Read Are mega tech stocks still alive? for our full analysis.

BUY

True, it's expensive and doesn't return wealth to shareholders. (It reported tonight.) But, its strength lies in CEO Elon Musk.

COMMENT

He doesn't see value in TSLA, even if shares declined 25%. Combination of current valuations plus increased competition. TSLA will no longer be the only game in town. Execution has been flawless, he's impressed. Stock doesn't make sense, but he's been wrong on this so far.

COMMENT

They just announced a plan to stock their split. Stocks don't enhance share value, so unless this bump in shares split is backed up by something more concrete, the bounce off this news could evaporate by the next market downturn.

BUY

He added to it on the stock's waterfall. Musk is brilliant. Valuation of 61x 2024 earnings is not obscene for what you have, not nearly as expensive as SHOP. Growth name that's unparalleled in management and products. Don't make it a core position, it's a high-risk satellite name. Own for the long term.

BUY on WEAKNESS

Hard to compete with TSLA, as it's a beautifully designed computer on the road, and the company has already collected lots of driver data. The traditional car companies are in disarray as they try to mix combustion engines with EV. The valuation is another matter, but TSLA is the one you want to own.

DON'T BUY

Down about 44% from highs. Still trades fairly rich at 70x forward PE. Lots of competition around the corner. Price to sales is 9.5x. Tough to own when money's moving back into value names.

DON'T BUY

Owners of this stock see an Elon Musk aura, but the fundamentals scare her away. There'll be more competitition in EVs in coming years. She prefers owning shares of EV suppliers, instead.

BUY

They report Wednesday and he expects another good quarter. This past week, Musk reported EV sales in Europe in surpassed diesel sales--good news.

BUY on WEAKNESS

Trades at 100x 2023. Don't make it a core position. Satellite position in a non-registered account. Musk is the ultimate leader. He's changed the world. Projected share growth rate is about 72%, so not a bad PEG ratio. Buy it when it's being ignored.

DON'T BUY

117x forward earnings. Strong growth in revenues. Great numbers, but very highly valued. 15.5x price to sales, not cheap. Too rich for him. Technically, stock's moving sideways.

COMMENT

When Tesla surpassed Ford in market cap, some on Wall St said that Tesla was overvalued and should be sold. It turns out that Tesla deserved to surpass Ford and other companies. If you sold Tesla, you missed out on one of the greatest rallies. It deserved to pass Ford. back then, you were told over and over that Tesla's market cap shouldn't surpass Ford's. Wall Street analysts are too bearish. Definitely, buy the dip!

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TOP PICK

Social media favorite. They recently announced having delivered far more cars than expected in 2021. Shares sored earlier this week but are now back to around $1000. Jim Cramer and Kim Bolton both recently gave buy signals. Social media mentions are up 81% for the past seven days.

BUY

Last year, we doubted Tesla on news of a recall, but we believed in it today on news that it delivered far more cars than expected, with shares soaring 13%. This is valued as a tech, run by a visionary. The bears focus on problems delivering cars and with Chinese regulators, for instance. Instead, they're turning a profit, overcame the chip shortage and are on track to make more than a million cars this year.

Showing 1 to 15 of 241 entries

Tesla Motors Inc(TSLA-Q) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 21

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 11

Total Signals / Votes : 32

Stockchase rating for Tesla Motors Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Tesla Motors Inc(TSLA-Q) Frequently Asked Questions

What is Tesla Motors Inc stock symbol?

Tesla Motors Inc is a American stock, trading under the symbol TSLA-Q on the NASDAQ (TSLA). It is usually referred to as NASDAQ:TSLA or TSLA-Q

Is Tesla Motors Inc a buy or a sell?

In the last year, 32 stock analysts published opinions about TSLA-Q. 21 analysts recommended to BUY the stock. 11 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Tesla Motors Inc.

Is Tesla Motors Inc a good investment or a top pick?

Tesla Motors Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Tesla Motors Inc.

Why is Tesla Motors Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Tesla Motors Inc worth watching?

32 stock analysts on Stockchase covered Tesla Motors Inc In the last year. It is a trending stock that is worth watching.

What is Tesla Motors Inc stock price?

On 2022-05-17, Tesla Motors Inc (TSLA-Q) stock closed at a price of $761.61.

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