Tesla Stock Forecast 2022 is revised lower to $1140.

Tesla Stock Forecast 2022 is revised lower to $1140.
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Tesla Stock Forecast 2022: TSLA Forecast for the next 12 months is $1140 (Revised Lower)

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Tesla Stock Forecast 2022: Performance of Tesla Stock in 2022

Stock Name
5 day
1 Month
YTD
-7.9%
-23.4%
-35.9%
-1.0%
-11.5%
-25.4%

Tesla Stock Forecast: 2021 Review

Tesla had a volatile year in 2021 with prices ranging from $563 in May to $1229 in November. The year started at $705 and ended and $1056

Date
Price
December 31st, 2020
$705.7
May 19th, 2021
$563.5
November 4th, 2021
$1229.9
December 31st, 2021
$1056.8

Tesla Stock Prediction 2022, May 15th

Analyst Rating
Target
Overall
Buy
$1140
Hold
$900
Hold
$900
Buy
$1300
Buy
$1350
Buy
$1250

Tesla Stock – Weekly recap and next week outlook!

Tesla Stock Forecast 2022: Q1 Results

  • Total deliveries up 68%, Model S/X deliveries up 625%, Model 3/Y deliveries up 62%
  • Q1 Revenue up 81%, regulatory credits are up 31%
  • Q1 revenue excluding regulatory credits is up 83%
  • Adjusted EBITA is up 173%, Adjusted EBITA margin is up 906bps
  • Free Cashflow is up 660%

Tesla Stock Forecast 2022: Positive Factors for Tesla in 2022

  • Starlink Project: For the past many years, Elon Musk has been working on the Starlink project with the intention of providing internet to the remotest space on earth by a network of private satellites in the orbit. It picked up pace in 2021, and Starlink now has more than 2000 satellites to boost. Musk Tweeted that TSLA shareholders may benefit from the Starlink IPO.
  • Aggressive Production: Tesla managed Chip shortages by replacing the chips with substitutes and rewriting its firmware. This enabled Tesla to manage production way more efficiently than most Manufacturers.
  • China: China is a huge market for Tesla and EVs in general, and according to the estimates, China will represent 40% of deliveries for the EV maker in 2022, contributing nearly $400 to its share price. If China’s market is handled properly, it could be a big tailwind for Tesla.
  • Gigafactories in Berlin and Austin: Opening new gigafactories in Berlin and Austin in 2022 can provide a big boost to production. It will increase the global presence of Tesla, and increase its capacity to produce 2 million units annually from roughly 1 million units today.

Tesla Stock Prediction 2022: Negative Factors for Tesla

  • Interest rates and other economic factors: Fears of increasing interest rates and the Fed announcing bond tapering, changing the mentality of retail investors to book profits in high growth stocks and shift towards less expensive ones. This might impact Tesla’s forecast for 2022.
  • Competition: While Tesla is the undisputed leader of the EV market in the world, a range of competitors are lined up to take a bite out of Tesla. Ford, NIO, LUCID, and RIVIAN to name a few.

Volkswagen CEO sees tight race with Tesla for e-car crown by 2025

  • Regulations, fees, and fines: Lately, Tesla has not been a darling of regulators, and heading into 2022, it could mean trouble for Automaker. There may be various fines and fees involved and potential scrutiny in the expansion plans of Tesla, as China’s plan is not liked by many in the US and increased regulatory scrutiny affects the cash flow and production efficiency, to say the least

Video shows workers at an Apple and Tesla plant in Shanghai clashing with security guards over fears of an onsite COVID lockdown

Also Read: Tesla Stock Split

Tesla Stock Forecast 2022: Conclusion(Updated)

Tesla reported earnings in April and most of the results beat estimates. Most analysts are optimistic about the stock owing to sustained demand Globally as well as the dramatic rise in prices of Oil. Tesla has also managed the issue of chip shortage better than most competitors. Lastly, the opening of the new Gigafactory in Berlin reinforces Tesla’s engineering and execution capabilities.

Vineet Agarwal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

Tesla Stock Forecast 2022

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