Vincentvlwp
11-15

$Tesla Motors(TSLA)$ 

Tesla's stock outlook appears bullish due to several factors:

Market Performance: Following Donald Trump's election, Tesla's shares surged over 30%, boosting its market cap to approximately $1.05 trillion, with a year-to-date gain of 29%. 

Strong Revenue Growth: Analysts project revenues of nearly $100 billion for 2024, up from $53.82 billion in 2021, indicating robust financial health.

Market Dominance: Tesla holds about 48% of the U.S. EV market and is expanding its global footprint, outperforming competitors like BYD and Volkswagen.

Technical Indicators: Chart patterns suggest potential for further price increases, with analysts predicting a rise to $400 if key support levels hold. 

These elements combine to create a favorable environment for Tesla in the stock market.

Model Y Discount: Will Promotion Boost Tesla Stock?
Tesla announced that for a limited time, customers who pay the final balance for the Model Y will receive a 10,000 yuan discount, which can be combined with a five-year zero-interest financing policy. The company's stock jumps near 2% in the overnight trading. --------------- At what price would you add Tesla? Would Tesla hit $400 this week? Is marketing strategy a bullish signal for stock?
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Comments

  • blimpy
    11-15
    blimpy
    The outlook does look promising, but have you considered the risks if competition ramps up?
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