Will you buy the dip of Tesla at $120?

Tiger_comments
04-03
Reward Tiger-CoinsReward 1000 Tiger-coins

After $Tesla Motors(TSLA)$ Q1 delivery data fell short of expectations, it plummeted 5%. Tesla fell below the 200-day moving average in January and has been falling ever since.

Investors are very pessimistic about Tesla's future trend. Some even believe Tesla will fall to $120 or $110. It should be noted that the low point of $Tesla Motors(TSLA)$ is at $101.

 However, Cathie Wood's ARK ETFs adds more Tesla recently. She may be the only one who likes the shares right now.

ARK purchased 234,998 shares, representing a massive investment of $41,176,349.

Will you bottom Tesla at $120 or $110?

How do you view Cathie Wood’s move?

Leave your comments and also post to win tiger coins!

At What Price Would You Bottom Tesla?
Tesla lost 5% yesterday. It delivered 386,810 vehicles in Q1 against the estimated 449,080, according to Bloomberg consensus. Cathie Wood's ARK adds more Tesla stock. -------------- At what price will you bottom Tesla? Will you buy Tesla at $150 or lower?
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.
Reward 1000 Tiger-coinsDeadline to 05/15 11:14
The originator will select the best recovery and allocate Tiger coins before the reward ends
Reward-post

Comments

  • icycrystal
    04-03
    icycrystal

    Investors are very pessimistic about Tesla's future trend.

    Q1 delivery data fell short of expectations, it plummeted 5%.

    the stock fell below the 200-day moving average in January and has been falling ever since.

    looks like aunty Cathy still remains hopeful of $Tesla Motors(TSLA)$ as for me, not too much, too volatile for my liking... [What] [What] [What]

    @koolgal @HelenJanet @Shyon @GoodLife99 @Universe宇宙 @rL @DiAngel @LMSunshine @Aqa @TigerGPT

    Will you bottom Tesla at $120 or $110?


    How do you view Cathie Wood’s move?


    Leave your comments and also post to win tiger coins!

    • Universe宇宙: 
      [Chuckle]
    • TigerGPT: 

      Based on the latest information, here are some key points regarding Tesla (TSLA):

      Q1 delivery data fell short of expectations, leading to a 5% decline in the stock price.  

      The stock fell below the 200-day moving average in January and has been falling since then.  

      ARK ETFs, managed by Cathie Wood, recently added more Tesla shares to their portfolio. They purchased 234,998 shares, representing a significant investment of $41,176,349.  

      The current stock price of Tesla is $166.63 (USD).  

      Analysts have mixed recommendations for Tesla, with 5 recommending, 11 buying, 22 holding, 7 underperforming, and 4 selling.  

      The average target price estimated by 39 analysts is $191.42, with a low estimate of $24.33 and a high estimate of $320.00.  

      Cathie Wood remains bullish on Tesla and maintains a largely optimistic outlook on its long-term potential.  

      The recent weakness in Tesla's stock is attributed to lower delivery estimates and concerns among some investors.  

      Tesla is still the third-largest holding in ARK's flagship ETF, ARKK, with a 7.36% weighting.  

      The stock has experienced short selling, with a short volume ratio ranging from 5.03% to 12.63% in recent periods.  

      Regarding your question about whether Tesla will bottom at $120 or $110, as an AI financial analyst, I cannot provide specific price predictions or investment advice. The stock market is influenced by various factors, and predicting short-term price movements can be challenging. It is recommended to conduct thorough research, consider your investment goals and risk tolerance, and consult with a financial advisor before making any investment decisions.

      As for Cathie Wood's move, her decision to add more Tesla shares indicates her continued confidence in the company's long-term prospects. However, it's important to note that individual investment decisions should be based on personal analysis and risk assessment.

      Please note that the information provided is for reference purposes only and should not be considered as investment advice. Investing in stocks involves risks, and it's essential to carefully evaluate your investment decisions.

      If you have any further questions or need additional information, feel free to ask.

  • Universe宇宙
    04-03
    Universe宇宙

    ARK purchased 234,998 shares, representing a massive investment of $41,176,349.


    How do you view Cathie Wood’s move?


    @Shyon @icycrystal @MHh @melson @TigerGPT @LMSunshine @rL @Aqa @GoodLife99 @HelenJanet @SirBahamut @xXxZealandxXx @DiAngel

    • TigerGPT: 

      Tesla Motors (TSLA) Analysis

      Business and Industry:Tesla Motors is a leading electric vehicle (EV) manufacturer and clean energy company. The company is known for its innovative technology, including electric vehicles, energy storage solutions, and solar energy products. The EV industry is expected to grow rapidly in the coming years, driven by increasing environmental concerns, government support, and advancements in battery technology. Tesla's strong brand recognition and continuous focus on innovation position it well for future growth in the EV market.

        

      Earnings Analysis:

        

      Latest Earnings: In the fourth quarter of 2023, Tesla reported an EPS of $2.49, with a net profit margin of 31.50%. The company's return on equity (ROE) was 54.64%, indicating efficient utilization of shareholders' funds.  

      Earnings Forecast: Analysts forecast that Tesla's EPS will be $2.85 for the full year 2024, $3.90 for 2025, and $4.89 for 2026. The company is expected to experience steady growth in earnings, driven by increasing sales and cost efficiencies.  

        Trend Analysis:  

        Support and Resistance Price: As of April 2, 2024, the support price for Tesla is $166.51, while the resistance price is $184.51. These levels indicate potential price levels where buying or selling pressure may be encountered.  

        Stock Price: As of April 3, 2024, Tesla's stock price is $167.21.  

          Valuation Analysis:  

          Analyst Target Price: According to 39 analysts, the mean target price for Tesla is $191.42, with a low estimate of $24.33 and a high estimate of $320.00. This indicates a wide range of expectations among analysts.  

          Analyst Recommendation: Among the analysts, 5 recommend buying, 11 recommend holding, 22 recommend underperforming, and 4 recommend selling Tesla's stock.  

            Capital Flow Analysis:  

            Over the past five days, there has been a mix of inflows and outflows in Tesla's capital flow. The data suggests that there has been some selling pressure in the stock, but it is important to note that short-term capital flows can be volatile and may not reflect long-term investor sentiment.  

            Cathie Wood's Move:Cathie Wood's ARK ETFs recently purchased 234,998 shares of Tesla, representing a significant investment of $41,176,349. While other investors may be pessimistic about Tesla's future trend, Cathie Wood's move indicates her confidence in the company's long-term prospects. It is important to consider that investment decisions should be based on individual risk tolerance and investment goals.

            Disclaimer:The above analysis is for informational purposes only and should not be considered as investment advice. Investing in stocks involves risks, and the stock market can be volatile. It is essential to conduct thorough research and analysis and consult with a financial advisor before making any investment decisions.

  • MHh
    04-03
    MHh
    I think Cathie is trading the stock. She believes in Tesla but have previously sold it to take profit. So I believe she is bottom fishing now and will sell later to lock in the profits. I will not bottom Tesla as it has lost its competitive edge. There are many EV companies especially in China and i dont think Tesla can beat these companies in getting the lion share in a big market like China. Even BYD is pessimistic about the next quarter. There should still be room for Tesla share price to fall.
  • Tiger V
    04-20
    Tiger V
    Tesla's recent performance and the pessimism surrounding its future trend suggest caution. While Cathie Wood's ARK ETFs has added more Tesla shares, which may indicate confidence in its long-term potential, I think bottoming at $120 or $110 could be risky due to ongoing volatility.

    $Tesla Motors(TSLA)$

  • nomadic_m
    04-04
    nomadic_m
    Based on various financial sources, support levels for $Tesla Motors(TSLA)$ as of April 4, 2024 is between $154-$171. this means buying in at $160+ seems like a calculated risk for aunty cathie. if it falls to $120, I may grab some after all Elon musk is too egoistic to let his baby crash & burn
  • Success88
    04-04
    Success88
    Still not the time to bottom fish Tesla. Tesla now is having a correction base os their latest delivery and sale. They should have some plan to recover the market. I think below $140 is a good time to buy in
Leave a comment
39
51