🎁Will Tesla bring another cold winter for investors?

Tiger_chat
2023-10-20

On Thursday, $Tesla Motors(TSLA)$ declined by 9% and continued to drop before the market opening.

  • The company fell below expectations in its third-quarter automotive gross margins and reported an earnings shortfall, marking its "first bad miss in three years."

  • Elon Musk stated that the unique design of the Cybertruck has posed challenges in scaling up production.

Will Tesla present another cold winter for investors?

It’s known to most investors that last year $Tesla Motors(TSLA)$ began to dip in September and kept falling to $108. The main reasons are:

  • Elon Musk sold billions worth of $Tesla Motors(TSLA)$ for acquiring Twitter

  • Weak demand: Reduced production schedule at its Shanghai plant

At what price will you bottom Tesla?

$Tesla Motors(TSLA)$ already fell to the key support level of $215. The next target price might be $200 and then $165 and $150.

Will $Tesla Motors(TSLA)$ dip further like what happened in 2022?

Is it another cold winter for Tesla investors?

At what price will you bottom Tesla?

Leave your comments and repost to win tiger coins~

# Will Tesla head to $200 after it missed earnings?

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.

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  • Shyon
    ·2023-10-21
    TOP
    I think Tesla will further dip like in 2022 due to the bad earnings. The bad sentiment will continue until next quarter if the earnings become better. I will start to collect Tesla probably around 200 and more if it hits 180 USD. How do  you think? @koolgal @rL @Universe宇宙 @icycrystal @Aqa @GoodLife99 @b1uesky
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  • koolgal
    ·2023-10-21
    TOP

    🌟🌟🌟Brrr!  It's looks like it is going to be a cold dark winter for $Tesla Motors(TSLA)$  as its share price plummeted 15% in just 1 week.

    Tesla's earnings is reflective of its price cuts as operating income fell more than 50% from the previous year's quarter.  This is despite the 9% year over year revenue growth.

    However it is not all  doom and gloom with Tesla as it is about to launch its secret weapon, the much awaited arrival of Cybertruck in November.

    Tesla is the number 1 EV company in the world.  It has several projects in the pipeline including the Semi, the Roadster.

    Apart from that, Tesla's  subsidiary, Tesla Energy is a growing division that develops, builds, sells and install solar energy generation systems and battery energy storage products.  Then there is the Full Self Driving program too.   All these projects will increase Tesla's revenue in the future. 

    Wall Street are bullish on Tesla with a Buy rating, Target price of USD 254, an upside potential of 15%.

    This is a great time to buy Tesla shares in its wintry season to prepare for a sunny summer in the future.  

    @Tiger_chat  @TigerStars  

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    • koolgalReplying todelusion梦碎: 
      Have a great Sunday 🌈🌈🌈
      2023-10-22
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    • koolgalReplying toAugustineMac-: 
      That is why the share price dropped then.
      2023-10-21
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    • koolgalReplying toAugustineMac-: 
      There was a 3 for 1 stock split in August  2022.
      2023-10-21
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  • icycrystal
    ·2023-10-21
    TOP
    Tesla is going downhill but don't think it will bottom at the price like the episode of X saga (formally known as Twitter) that kinda bottom. however, does reach that kinda bottom, then... [OMG] [Gosh] nevertheless, I think the outlook is not looking too good. overall market isn't looking too good either... [What] [What] [What]
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    • koolgal: 
      Tesla  is down the slippery slope but I believe it will recover in the long term.
      2023-10-22
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  • nomadic_m
    ·2023-10-21
    TOP
    as of 21 Oct 2023, it's fallen to $212. 15% in 3 days. at the rate it's plummeting, it'd reach sep 2022's $108 in another 1.5 weeks. so would probably buy in late Oct, or early Nov before the cybertruck becomes the next hype

    not technical analysis, but strategizing when to go on a shopping spree 🛒🛍️

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  • BenjiFuji
    ·2023-10-22
    TOP
    Looks like it will dip further as expectations are not met. Might get chilly for tesla investors. Still studying it more. Might consider if it drops below $100 [Great]
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  • Aqa
    ·2023-10-21
    It is dipping time for Tesla Motors ‘ share price and it is DCA time for Tesla’s investors. TSLA fell below expectations in its third-quarter automotive gross margins and reported an earnings shortfall, marking its "first bad miss in three years." It is definitely another cold winter for Tesla investors. It has broken the USD 240 support. With the wars going on, we are looking at $165 and $150, Thanks 🐯 friends @Shyon @GoodLife99 @icycrystal @Universe宇宙 @ZEROHERO
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    • Universe宇宙: 
      [ShakeHands]
      2023-10-22
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    • ZEROHERO: 
      Need to break below 199.8 before testing 176.4 (50% & 61.8% fib level) 😉
      2023-10-21
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  • icycrystal
    ·2023-10-21
    @GoodLife99 @LMSunshine @Aqa @rL @Zarkness @HelenJanet
    Leave your comments and repost to win tiger coins [smile] [smile] [smile]
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  • Tiger_chat
    ·2023-10-30

    @shams_Trader

    @第N次大变革大分流

    @Universe宇宙

    @JTRmax

    @ZEROHERO

    @BenjiFuji

    @MHh

    @nomadic m

    @Shyon

    @icycrystal

    @Alex Bro

    @Aqa

    @koolgal

    Tiger coins have been sent to your account~ Don't forget to check your tiger coins💖

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  • Alex Puffin On Two Smokes
    ·2023-10-27
    Once Elon Musk has finished his pissing Match with twitter the FBI and so on I believe it'll bounce back, remember that Elon Musk is wealthy enough to manipulate tesla stock at the end of the day lol. not saying he'd do that just saying he could once his financial matters get back in order. not gonna lie it's been a depressing few weeks
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  • MHh
    ·2023-10-22

    Definitely! But I will only watch from the sidelines. Certainly not invest in it as competition is too stiff. At most trade it to make a quick profit. But now is not the time...

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  • 第N次大变革大分流
    ·2023-10-23
    看这架势，特斯拉的业绩下个季度也要被比亚迪甩开了，所以，形势不太好。
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  • Universe宇宙
    ·2023-10-21
    TESLA fly, fly to the moon! [Cool]
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  • DavidSG
    ·2023-10-21
    Hmmm... avoid EV stocks Q4.
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  • Terry G
    ·2023-10-23
    Great ariticle, would you like to share it?
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  • Agnes76
    ·2023-10-22

    Great ariticle, would you like to share it?

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  • Sonsonkok
    ·2023-10-22

    Great ariticle, would you like to share it?

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  • DeAlN.w_KuRsZ
    ·2023-10-22
    Great ariticle, would you like to share it?
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  • highhand
    ·2023-10-21
    winter is coming for Tesla ..
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  • JTRmax
    ·2023-10-21
    Great ariticle, would you like to share it?
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  • shams_Trader
    ·2023-10-21
    Will buy for 100. Much overvalued
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