🎁What the Tigers Say | Will Tesla Reach $200 This Week?

Last week, Tesla's stock rose by 3.85%, closing at $184.86 per share. Tesla CEO Elon Musk claims he is working on “Tesla Master Plan Part 4” – a second part of the on going master plan in as many years. 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.

Master Plan 4? How does Elon Musk's new plan affect Tesla's stock? How do you think Tesla's stock price will do next? Will Tesla Reach $200 This Week?

Below are some insights from Tigers @Dr Rck @Drdeedee @Pluto891 @SPACE ROCKET and @Shyon Which opinions do you agree with?

🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.

Click titles to read the full analysis:

1. @Dr Rck : If TSLA is able to deliver 60% of its plan, it will continue to move higher and the rise will not be higher until by the end of the year.

Key Points:

  • If Tesla achieves 60% of its plan, its stock could keep rising.

  • Further gains may hinge on an interest rate cut and economic growth by year-end.

  • This could potentially triple the share price.

2. @Drdeedee: Resistance at $200 for sure, a lot of people wanting to get out.

Key Points:

  • Resistance at $200 is expected due to selling pressure.

  • Tesla's stock is influenced by frequent tweets aiming to drive up prices.

  • Analysts await tangible results; EV profitability remains a challenge amid strong Chinese competition.

3. @Pluto891 : The price is fluctuating between 150 to 190.

Key Points:

  • the price is fluctuating between 150 to 190. Short term hitting 200 is possibility but it could a touch and go.

  • The valuation is not justified at the moment.

4. @SPACE ROCKET : I have more confidence in NVIDIA hitting the $140 mark than Tesla hitting the $200 mark.

5. @Shyon : I strongly believe Tesla can easily hit 200 USD this year.

Key Points:

  • Tesla is poised to potentially reach $200 this year, buoyed by ongoing technological advancements and opportunities.

  • Elon Musk's announcement of “Tesla Master Plan 4” hints at further groundbreaking developments, building on the success of the previous three master plans.

  • Analysts, including Cathie Wood targeting a $2600 price, reflect optimism in Tesla's innovative capabilities and future potential.

Questions for you:

Master Plan 4? How does Elon Musk's new plan affect Tesla's stock?

How do you think Tesla's stock price will do next? Will Tesla Reach $200 This Week?

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⏰Duration

  • 26 Jun (24pm EDT)

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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  • Sai Artt
    ·06-20
    TOP
    I dont Think it will reach $200 This Week, however there is a chance of nvedia to reach between $140 - $150🙂
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  • WanEH
    ·06-19
    TOP
    感觉特斯拉有机会去到200美元。不过可能只是昙花一现。过后应该会回调至170美元左右。
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  • Drdeedee
    ·06-19
    TOP
    Market maker always want max pain. Trader should learn to be smarter and know at what point will most of the options end up worthless
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  • icycrystal
    ·06-20
    TOP

    the charismatic one has been saying this and that but sometimes can't deliver... [Drowsy] [Drowsy] [Drowsy]

    people have caught on with that and that's probably why the stock did not perform with whatever plans he has in place... unless... unless of course he delivers what he says...

    therefore, doubtful $Tesla Motors(TSLA)$ will reach 200 this week... [Thinking] [Thinking] [Thinking]

    to be honest, kind of disappointed that the once "darling" stock has become a stock that somehow gotten "stuck" at a price level refusing to cross that 200 mark... [Sad] [Sad] [Sad]

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

    thanks @Aqa for tagging [Like] [ShakeHands]

    Master Plan 4? How does Elon Musk's new plan affect Tesla's stock?


    How do you think Tesla's stock price will do next? Will Tesla Reach $200 This Week?

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    • SPACE ROCKET
      I agree with you sis! Charismatic one HAHAHHAA 🤣😂😅
      06-20
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    • TigerGPT

      Based on the analysis of Tesla's stock, here are some key points to consider:

      Business and Industry: Tesla is a leading electric vehicle (EV) manufacturer and clean energy company. The EV industry is expected to grow significantly in the future as governments and consumers prioritize sustainability and renewable energy. Tesla's innovative technology and strong brand position it well for future growth in the EV market.

        

      Earnings and Forecast: Tesla's earnings forecast shows positive growth expectations. For the fiscal year 2024, the forecasted EPS is $2.54 (USD), forecasted gross income is $98.63 billion (USD), and forecasted EBIT is $8.66 billion (USD). The company's earnings results for Q1 2024 indicate a positive EPS of $0.37 and a net profit margin of 5.30%.

        

      Trend Analysis: The current stock price of Tesla is $184.86 (USD) as of June 20, 2024. The support price on June 18, 2024, was $170.4 (USD), and the resistance price was $184.9 (USD). The average cost is $174.14 (USD). These figures suggest that the stock has been trending upwards recently.

        

      Valuation Analysis: Analysts have provided target price estimates for Tesla. The mean target price is $181.22 (USD), with a low estimate of $22.86 (USD) and a high estimate of $320.0 (USD). The analyst recommendation for Tesla is mixed, with 7 recommending, 13 buying, 20 holding, 6 underperforming, and 4 selling.

        

      Considering the above analysis, it is important to note that stock prices are influenced by various factors, including market conditions, investor sentiment, and company performance. While Tesla has shown positive growth potential, it is essential to conduct further research and analysis before making any investment decisions.

      Disclaimer: The above analysis and information should not be considered as investment advice. Investing in stocks involves risks, and the stock market can be volatile. It is recommended to consult with a financial advisor or do thorough research before making investment decisions.

      06-20
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  • xXxZealandxXx
    ·06-21
    TOP
    " I have more confidence in NVDA hitting the $14p mark then TSLalA hitting the $200 mark.  " [Facepalm] lmfao well said [LOL] @SPACE ROCKET [ShakeHands] that was golden
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    • SPACE ROCKET
      HAHAHA thank you! 🙌🙌
      06-21
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  • Aqa
    ·06-19
    TOP
    💐💐💐 Congratulations to the above Tiger friends for your winning posts. 🚘 TSLA achieves 60% of its plan, its stock could keep rising. The share price could potentially triple. [Strong][Strong][Strong] Thanks for sharing @TigerClub @icycrystal
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    • icycrystal
      [Like] [ShakeHands]
      06-20
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  • SPACE ROCKET
    ·06-19
    TOP
    Haha thank you dearie for featuring me! Sending you love and good luck!! 🥰😍🍀✨️💰
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    • SPACE ROCKETReplying tonomadic_m
      thank you sweetie! 🫶🙌
      06-20
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    • SPACE ROCKETReplying toicycrystal
      Thank you sis for tagging me, or I wouldn't have gotten the 🪙s! 🩷💜
      06-20
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    • nomadic_m
      congrats on 100 🐯 🪙😊
      06-20
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  • Shyon
    ·06-25
    Long consolidation for Tesla stocks over the past months. It is somehow good timing to monitor Tesla stock now. I believe the stock reaches its bottom and it is oversold for the past few months. Good luck for Tesla fans! Fundamental remains strong for the company.
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  • nomadic_m
    ·06-20
    I wont jump on the 'Work in Progress' (WIP) sign of a plan. Wait patiently and saving my reactions for when the actual plan is revealed
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  • The Knight
    ·06-20
    Patience is the key to Tesla now. I am sure that we need the positive news to bring it back up again.
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  • Reward time for the seekers. TSLA very smooth very smooth
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  • Mrzorro
    ·06-19
    $Tesla Motors(TSLA)$ definitely will reach 200usd but maybe not this week [Glance]
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  • I prefer Xiaomi $XIAOMI-W(01810)$
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  • Tiger King
    ·06-19
    it will reach USD 195
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  • Talu
    ·06-19
    Between 190 to 195
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  • nice
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  • moobug
    ·06-20
    thank you
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  • Vicky deo
    ·06-19
    No
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  • 56CcLim
    ·06-19
    Wow
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  • LawrenceSG
    ·06-19

    Wow

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