Tesla towards $200! Easy....
I strongly believe Tesla can easily hit 200 USD this year. There are too many opportunities and great technologies in progress of development under Tesla.
The tech giant and Tesla CEO, Elon Musk, recently announced that he is working on 'Tesla Master Plan 4'. Taking to his social media platform X, formerly Twitter, describing it as 'epic', Musk wrote, "Working on the Tesla Master Plan 4. It will be epic."
The previous three master plans, shaping the company's direction and goals was released in 2006, 2016, and 2023 respectively.
Master Plans
Part One and Two of Musk's “master plan” for Tesla have been important pieces of literature at the company that, in many ways, laid the path to its success. Well, Tesla has achieved most of the goals listed in its first two master plans.
Master Plan 1
The first Master Plan, unveiled in 2006, focused on building a ''high-performance electric sports car called the Tesla Roadster,'' and providing zero emission electric power generation options. According to many experts, the first Master Plan was a success story, positively impacting the automotive industry.
Master Plan 2
10 years later, Elon Musk unveiled the second master plan that included expanding the electric vehicle lineup to all major segments and achieving "true self-driving." Part 2 also came as Tesla was delivering the Model 3 and acquiring Solar City.
Master Plan 3
The third part, released in 2023, talked about his vision for large-scale electrification via scaling of the company's auto and energy businesses. The plan outlined a ''proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage.'' The billionaire also stated that mass production of Cybertruck would begin in 2024.
Master Plan 4....???
No one knows what's behind this Master Plan 4. Robots, flying cars, and autonomy? Whatever it is, it will be awesome because Tesla has the best engineers in the world working for them. Master Plan 4 will never be something impossible too as we witness how Tesla achieved its first 3 master plans over the time.
2600 USD target price by Cathie Wood is possible, we never know and never underestimate the capacity of such innovative company.
Elon's Master Plans
Come and join the discussion, what do you think it will be inside the Master Plan 4?
@Daily_Discussion @TigerStars @Tiger_comments @CaptainTiger @MillionaireTiger @TigerGPT
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.
Tesla Motors (TSLA) Stock Analysis
Business and Industry Overview:Tesla Motors is a leading electric vehicle (EV) manufacturer and clean energy company. The company is known for its innovative technology and commitment to sustainable transportation. The EV industry is expected to grow rapidly in the coming years as governments and consumers shift towards cleaner and more efficient vehicles. Tesla's strong brand, advanced battery technology, and expanding product lineup position it well to capitalize on this growth.
Earnings Analysis:
Latest Earnings: In the first quarter of 2024, Tesla reported an EPS of $0.37, with a gross profit margin of 17.35%. The company's net profit margin was 5.30%, and its return on investment was 3.95%.
Earnings Forecast: Analysts forecast that Tesla's EPS will be $2.54 for the full year 2024, $3.37 for 2025, and $4.28 for 2026. The company is expected to experience growth in gross income and EBIT over the forecasted period.
Trend Analysis:
Support and Resistance Price: As of June 17, 2024, the support price for Tesla stock was $170.4, and the resistance price was $187.5.
Stock Price: As of June 19, 2024, the stock price of Tesla was $184.86.
Valuation Analysis:
Analyst Target Price: According to 41 analysts, the mean target price for Tesla stock is $181.22, with a low estimate of $22.86 and a high estimate of $320.0.
Analyst Recommendation: Out of the 41 analysts, 7 recommend, 13 buy, 20 hold, 6 underperform, and 4 sell Tesla stock.
Capital Flow Analysis:
Over the past five days, Tesla has experienced mixed capital flow, with both inflows and outflows. The specific amounts are as follows:
June 11: -$106,920.17 thousand (outflow)
June 12: $28,601.41 thousand (inflow)
June 13: -$230,490.71 thousand (outflow)
June 14: $105,634.21 thousand (inflow)
June 17: $59,325.54 thousand (inflow)
Disclaimer:The above analysis is for informational purposes only and should not be considered as investment advice. Investing in the stock market carries inherent risks, and stock prices can fluctuate. It is essential to conduct thorough research and analysis and consult with a financial advisor before making any investment decisions.