Trending stocks today
Carvana
Wheels Up Experience Inc
SoFi Technologies
B2Gold Corp.
Canadian Natural Rsrcs
Converge Technology Solutions
Adentra
Source Energy Services Ltd
Alphabet Inc. / Google
TMX Group
Canadian National R.R.
Ovintiv
West Fraser Timber
Winpak Ltd.
Alaris Equity Partners Income Trust
Cascades Inc
Enbridge
Tesla Inc (TSLA-Q)
576 watching
NASDAQ:TSLA
201.31
4.50
(2.29%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
Feb 8, 2023, 8:59 pm
0
DON'T BUY
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
COMMENT
It made investors money who were wise to sell when its PE got too high. It has since dove because Elon Musk bought Twitter in a feckless move. The other down side was that market went searching for the next Tesla--a fool's errand. Such as Rivian, Lucid and Nikola.
Consumer Products
HOLD
Lots of competition entering market of electric cars.
Legacy automobile brands have large distribution network.
Unsure on the future of the company.
Consumer Products
WATCH
Down 70%. Profitable. 20x earnings. Way ahead of competition. With all the competition from Porsche and the like, may have lost the "cool" factor. If the strategy was to be a mass-market car, still lots of runway. Stock's caught his eye. He owns RACE instead.
Consumer Products
DON'T BUY
Car deliveries were at record highs, but still missed expectations. Share are down sharply today. Pass.
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
Apple vs. Tesla in 2023 He owns Apple, but would buy Tesla at $100. He prefers Tesla given growth scale and its risk/reward, if Musk does anything in battery power in any industry, (which is among the many levers he can pull), and if he stops selling Tesla shares next year.
Consumer Products
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
Apple vs. Tesla in 2023 Apple is now trading reasonably at a market PE of 18x 2023PE. At least, there's light at the end of the tunnel, given its innovative history. Tesla has been a shorting stocks recently. He chooses Apple by a landslide.
Consumer Products
DON'T BUY
A polarizing stock. Stay away. Leaves a lot to be desired on operating fundamentals, cashflow, and operating margins. Story is strong, but fundamentals are weak.
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
HOLD
He won't go against Musk, who is just too much. Yes, people are worried about Twitter, and once that passes, Tesla will be fine.
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
TOP 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
$184.715
Unknown
DON'T BUY
At its peak, market cap greater than all other OEMs combined, yet accounts for only 1-2% of global auto sales. Bloom coming off that rose. May also be distracted by other sparkly things. Great company, not a great stock.
Consumer Products
Tesla Inc(TSLA-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 9
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 12
Total Signals / Votes : 23
Tesla Inc(TSLA-Q) Frequently Asked Questions
What is Tesla Inc stock symbol?
Tesla 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 Inc a buy or a sell?
In the last year, 23 stock analysts published opinions about TSLA-Q. 9 analysts recommended to BUY the stock. 12 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Tesla Inc.
Is Tesla Inc a good investment or a top pick?
Tesla Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Tesla Inc.
Why is Tesla 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 Inc worth watching?
23 stock analysts on Stockchase covered Tesla Inc In the last year. It is a trending stock that is worth watching.
What is Tesla Inc stock price?
On 2023-02-08, Tesla Inc (TSLA-Q) stock closed at a price of $201.31.
Advertising
