Tesla's stock has been very volatile over the last five years. Its one-year performance has barely beaten the market.
CEO Elon Musk once described the Cybertruck as Tesla's “best ever” product. But demand for the controversial pickup truck has dried up.
Sunday Robotics hired several former Tesla staff members to work on its Memo home robot. Some Sunday Robotics staff previously worked on the Tesla Optimus and Autopilot programs.
Tesla, Inc. is rated Buy, driven by belief in its AI potential, XAI merger prospects, and alignment with the U.S. "Genesis Mission." TSLA's fundamentals are overvalued as always, but technical analysis suggests an 80% upside to $770-780 is possible if a Wave 3 rally unfolds. A stop-loss near $330 may be prudent, offering a 3:1 risk-reward profile. Proximity to the 200-day moving average makes for a good setup.
Tesla's (NASDAQ: TSLA) stock trades at a high valuation for several reasons.
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on X late Tuesday that the company plans to “roughly double” its Robotaxi fleet in Austin next month, as the electric vehicle maker faces criticism over limited service availability. The current Austin fleet is estimated at about 30 vehicles, according to industry watchers, meaning the expansion would bring the total to roughly 60 cars.
Tesla is stepping up its efforts to get self-driving cars on the road in Europe. The EV maker is offering Full Self-Driving ride-alongs in France, Germany, and Italy next month.
Tesla Inc (NASDAQ:TSLA) is seeing weakening sales momentum in its three most important markets - the United States, Europe, and China - amid global competition in the EV sector accelerates and as new product introductions remain limited. In Europe, Tesla sales fell sharply in October, dropping 48.5% year-over-year, according to figures released by the European Automobile Manufacturers' Association.
Shares of Tesla Inc. NASDAQ: TSLA were trading right around $415 on Nov. 24, extending a rebound off the rising support line that's been in place since April.
Gary Vaynerchuk, Chairman of VaynerX, says collecting is becoming a mainstream lifestyle category, alongside fashion, music, and sports. He tells Romaine Bostick and Katie Greifeld on “The Close” that he expects the trend to accelerate over the next five to ten years.
The Elliott Wave has been crucial in predicting key peak and bottom prices for TSLA, providing minimal risk and maximum profits. Although a drop to ~$370 cannot yet be excluded, we are now looking for a rally to at least $520.
As part of a slide that has gone on for months, Tesla's (NASDAQ: TSLA) EU, UK, and EFTA registrations (the proxy for sales) dropped 49% in October to 6,964.