ZenInv
2023-07-18
$Tesla Motors(TSLA)$ There is high probability it will hit $300 and probably hit the resistance of $313 before falling on earnings call as the run up was strong. This is the classical buy the rumors sell the news. But over the medium term (around 2025), I forecast another huge run up to the major resistance of $414, it's historical high. The catalyst to break this resistance will not be the production or delivery of Cybertruck but rather it will be the announcement of the next generation car - the Model 2. I suspect this will occur sooner rather than later within this period. From 2025 to 2027, the next big catalyst up would likely be the announcement of the refreshed version of the Model S, X, 3 and Y, again likely in that order. I am expecting this to boost the stock easily past $600-$700. This is something customers have been waiting for for ages. Note: with the announcement of the Model 2, Tesla could (but not necessarily will) maintain the prices of the SX3Y and add even higher margins to its production and sales of these previous generations, essentially becoming cash cows for Tesla. Again, I believe this would happen sooner rather than later. What happens past 2026? I suspect that there will be another announcement that is not a passenger car based on the lower cost and latest platform that may not be as sexy and exciting than its passenger portfolio but will generate another sizable cash cow to its vehicle lineup. This next catalyst might not push the stock much higher but will decimate many of the current players in the field.
Will you bottom Tesla at $200 or $180?
Tesla stock continues to dip as the company announced a fresh round of price cuts in mainland China. Tesla already lost 25% this month. If you plan to add, at what price will you buy Tesla? Will you sell put of Tesla at $180?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • PaulaBaldwin
    2023-07-18
    PaulaBaldwin

    If Tesla doesn't cross the $300 tomorrow or the day after , earnings most likely won't be good . If it does it then Wednesday to $315 and after earnings $350 Plus.

  • AugustineMac-
    2023-07-18
    AugustineMac-

    TSLA will shoot up in the next 5+ years. I'm only offering an opinion here because of what I know although we all know stocks are just paper. I like Tesla for a long term investment.

  • GriseldaBrown
    2023-07-18
    GriseldaBrown

    Watch Elon start dumping tesla shares again cause Twitter is losing advertisering Rev. Tesla to 85 a share!

  • BorgPetty
    2023-07-18
    BorgPetty

    TSLA still amazes me this company does zero advertising and is about to close a trillion market cap once again

  • AprilBridges
    2023-07-18
    AprilBridges

    you already won the lottery if you own tesla stock

  • Alex Puffin On Two Smokes
    2023-07-18
    Alex Puffin On Two Smokes
    agreed
Leave a comment
6
15