Great ariticle, would you like

Like
Comment
Favorite

BabyBeng
2023-06-15

Great ariticle, would you like to share it?

The Tesla Share Price Just Ended Its Longest-Ever Winning Streak. What Now?

Key pointsAfter 13 consecutive sessions, the Tesla share price has finally broken its record streakS

The Tesla Share Price Just Ended Its Longest-Ever Winning Streak. What Now?

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.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":187587887186096,"tweetId":"187587887186096","gmtCreate":1686825446501,"gmtModify":1686825449257,"author":{"id":4146163170559232,"idStr":"4146163170559232","authorId":4146163170559232,"authorIdStr":"4146163170559232","name":"BabyBeng","avatar":"https://community-static.tradeup.com/news/c5d950c44921a3cd1396c8721ef0cbea","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.11","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body>Great ariticle, would you like to share it?</body></html>","htmlText":"<html><head></head><body>Great ariticle, would you like to share it?</body></html>","text":"Great ariticle, would you like to share it?","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/187587887186096","repostId":2343914549,"repostType":2,"repost":{"id":"2343914549","kind":"highlight","pubTimestamp":1686818400,"share":"https://www.laohu8.com/m/news/2343914549?lang=&edition=full","pubTime":"2023-06-15 16:40","market":"us","language":"en","title":"The Tesla Share Price Just Ended Its Longest-Ever Winning Streak. What Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2343914549","media":"MotleyFool","summary":"Key pointsAfter 13 consecutive sessions, the Tesla share price has finally broken its record streakS","content":"<html><head></head><body><h4 style=\"text-align: start;\">Key points</h4><ul><li><p>After 13 consecutive sessions, the Tesla share price has finally broken its record streak</p></li><li><p>Shares in the EV company ended last night a touch lower at US$256.79 apiece</p></li><li><p>As always, analysts are still split over where the share price might go next</p></li></ul><p>We all dream of the stock chart that swiftly travels up and to the right after our investment in a company. Prior to last night, that is exactly what the <strong>Tesla Inc</strong> (NASDAQ: TSLA) share price delivered for 13 consecutive days of trade.</p><p>The sensational rally resulted in shareholders of the electric vehicle company enjoying a 40% gain in the space of a fortnight, as shown below. However, the green streak came to an end overnight, with enthusiasm momentarily depleted, allowing shares to settle 0.7% lower at US$256.79 apiece.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a52a0de4c98a5c6c6cc696c11586b01a\" tg-width=\"1206\" tg-height=\"618\"/></p><p>The rapid ascension has no doubt left some onlookers wondering what could be behind such an energised reception. So, let’s pause for thought and reflect on the recent driving force behind the Tesla share price and where to next.</p><h2>Why has this EV maker been charging upwards?</h2><p>Firstly, there could be a whole host of reasons — both at a macro and company level — that have propelled Tesla shares higher. However, the most pertinent developments of late likely relate to its EV charging network.</p><p>In the past two weeks, both <strong>Ford Motor Co</strong> (NYSE: F) and <strong>General Motors Co</strong> (NYSE: GM) have announced that they will adopt Tesla’s North American Charging Standard (NACS) across Canada and the United States moving forward.</p><p>Essentially, the hope is it will remove a barrier for would-be Ford and GM buyers that might have been concerned over a limited number of charging stations. As part of the agreement, a network of more than 12,000 Tesla Superchargers will become available to GM and Ford EV owners.</p><p>At the time of writing, Stelanntis — another automotive company — is rumoured to be ‘evaluating’ the adoption of NACS as well.</p><h2>What could be next for the Tesla share price?</h2><p>Looking ahead, the question on everyone’s mind is where to next for the Tesla share price. In the view of KGI Securities analyst Jennifer Liang, the next 12 months could see the EV company reach US$335 per share.</p><p>Updating her target price last week, Liang cited Tesla’s investments in manufacturing and battery technology as positive forward drivers. Additionally, the analyst believes the Inflation Reduction Act will provide a boost to sales while also collecting billions in credits for battery production.</p><p>In contrast, recent research published by Morgan Stanley’s Adam Jonas reads less bullish. Jonas wrote:</p><blockquote>Tesla is in the midst of an industry-wide EV price competition with potentially falling margins and EV market deceleration (still growth — but at a slower rate). If the company wasn’t benefitting from significant government incentives (IRA) and price cuts (30% on Model Y YTD), we question how much cash flow Tesla’s would be generating.</blockquote><p>Following on, Jonas still thinks Tesla is underappreciated by the market in some regards. As such, Mogan Stanley holds a $200 price target on the company but with an overweight rating.</p><p>The Tesla share price is up 137.5% so far this year — exceeding the 31.2% YTD return notched up by the <strong>Nasdaq Composite</strong> <strong>Index </strong>(NASDAQ: .IXIC).</p></body></html>","source":"motleyfoolau_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Tesla Share Price Just Ended Its Longest-Ever Winning Streak. What Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Tesla Share Price Just Ended Its Longest-Ever Winning Streak. What Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-15 16:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2023/06/15/the-tesla-share-price-just-ended-its-longest-ever-winning-streak-what-now/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key pointsAfter 13 consecutive sessions, the Tesla share price has finally broken its record streakShares in the EV company ended last night a touch lower at US$256.79 apieceAs always, analysts are ...</p>\n\n<a href=\"https://www.fool.com.au/2023/06/15/the-tesla-share-price-just-ended-its-longest-ever-winning-streak-what-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4585":"ETF&股票定投概念","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4527":"明星科技股","LU2063271972.USD":"富兰克林创新领域基金","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4551":"寇图资本持仓","BK4574":"无人驾驶","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4561":"索罗斯持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4581":"高盛持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","LU0971096721.USD":"富达环球金融服务 A","BK4548":"巴美列捷福持仓","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","TSLA":"特斯拉","BK4127":"投资银行业与经纪业","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC"},"source_url":"https://www.fool.com.au/2023/06/15/the-tesla-share-price-just-ended-its-longest-ever-winning-streak-what-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2343914549","content_text":"Key pointsAfter 13 consecutive sessions, the Tesla share price has finally broken its record streakShares in the EV company ended last night a touch lower at US$256.79 apieceAs always, analysts are still split over where the share price might go nextWe all dream of the stock chart that swiftly travels up and to the right after our investment in a company. Prior to last night, that is exactly what the Tesla Inc (NASDAQ: TSLA) share price delivered for 13 consecutive days of trade.The sensational rally resulted in shareholders of the electric vehicle company enjoying a 40% gain in the space of a fortnight, as shown below. However, the green streak came to an end overnight, with enthusiasm momentarily depleted, allowing shares to settle 0.7% lower at US$256.79 apiece.The rapid ascension has no doubt left some onlookers wondering what could be behind such an energised reception. So, let’s pause for thought and reflect on the recent driving force behind the Tesla share price and where to next.Why has this EV maker been charging upwards?Firstly, there could be a whole host of reasons — both at a macro and company level — that have propelled Tesla shares higher. However, the most pertinent developments of late likely relate to its EV charging network.In the past two weeks, both Ford Motor Co (NYSE: F) and General Motors Co (NYSE: GM) have announced that they will adopt Tesla’s North American Charging Standard (NACS) across Canada and the United States moving forward.Essentially, the hope is it will remove a barrier for would-be Ford and GM buyers that might have been concerned over a limited number of charging stations. As part of the agreement, a network of more than 12,000 Tesla Superchargers will become available to GM and Ford EV owners.At the time of writing, Stelanntis — another automotive company — is rumoured to be ‘evaluating’ the adoption of NACS as well.What could be next for the Tesla share price?Looking ahead, the question on everyone’s mind is where to next for the Tesla share price. In the view of KGI Securities analyst Jennifer Liang, the next 12 months could see the EV company reach US$335 per share.Updating her target price last week, Liang cited Tesla’s investments in manufacturing and battery technology as positive forward drivers. Additionally, the analyst believes the Inflation Reduction Act will provide a boost to sales while also collecting billions in credits for battery production.In contrast, recent research published by Morgan Stanley’s Adam Jonas reads less bullish. Jonas wrote:Tesla is in the midst of an industry-wide EV price competition with potentially falling margins and EV market deceleration (still growth — but at a slower rate). If the company wasn’t benefitting from significant government incentives (IRA) and price cuts (30% on Model Y YTD), we question how much cash flow Tesla’s would be generating.Following on, Jonas still thinks Tesla is underappreciated by the market in some regards. As such, Mogan Stanley holds a $200 price target on the company but with an overweight rating.The Tesla share price is up 137.5% so far this year — exceeding the 31.2% YTD return notched up by the Nasdaq Composite Index (NASDAQ: .IXIC).","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":36,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}