$Tesla Motors(TSLA)$ Tesla (TS

Tesla (TSLA) shook up the auto industry on September 1, unveiling its upgraded Model 3 in China and cutting prices by nearly 20% on its higher-end vehicles, the Model S and Model X, in the U.S.

Tesla stock ranks fourth in the 35-stock IBD automaker industry group. The S&P 500 component has a 95 Composite Rating out of 99. Tesla stock has an 84 Relative Strength Rating and its EPS Rating is 93 out of 99.

The market status is showing a "confirmed uptrend." Tesla stock could offer a buy opportunity if it moves above its 50-day line, advancing higher than the August 31 high.

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LEESIMON
2023-09-06
LEESIMON
[Love]will rise

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