Tesla Stock Forecast: Tesla trades lower in the pre-market

May 18th, Tesla Stock Forecast: Current Outlook is Negative
2 Analysts
Latest TESLA Stock price
Metric |
Value |
Trend |
|
Share Volume (Compared to Previous Day) |
26.7 M |
Lower |
|
Forward PE (1 Year) |
73.30 |
NA |
Read about Tesla Stock Forecast 2022 here
Contents
- TESLA Q1 Earnings 2022:
- Tesla Stock Forecast: Performance Chart
- Tesla Stock Forecast: Competition Analysis
- Tesla Stock Forecast: Momentum Summary
- Tesla Stock Forecast: Technicals
- Latest Tesla Stock Analysis Video
- Tesla Stock Prediction: Google Search Data
- TESLA Stock Forecast: CrowdWisdom360- Insights
- Tesla Stock Forecast: Latest Tesla News and Tweets
- Tesla Stock Predictions: TSLA Social Media Sentiments
- Tesla Stock Forecast: Competition performance
- Tesla Stock Forecast: Diversification policies
- Tesla Stock Prediction and Forecast : Battery Production
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TESLA Q1 Earnings 2022:
Tesla Q1 Earnings
• The automotive revenue is $16.86 Billion with a 87% jump. |
Tesla Stock Forecast: Performance Chart
Stock and Period |
5 days |
1 Month |
YTD |
|
+12.7% |
-12.1% |
-56.3% |
||
-4.1% |
-24.1% |
-36.5% |
||
+20.5% |
-13.2% |
-50.3% |
||
+19.9% |
-28.0% |
-73.2% |
Tesla Stock Forecast: Competition Analysis
Stock Name |
Zacks Ratings |
Price Target for 12 months |
Zacks Industry Rank |
|
Bottom 37% |
||||
$45 |
Bottom 37% |
|||
$84 |
Bottom 37% |
|||
Bottom 15% |
||||
$20 |
Bottom 37% |
Tesla Stock Forecast: Momentum Summary
Indicator |
Trend |
|
Stock Price |
Lower |
|
Volume |
Lower |
|
Performance vs NASDAQ |
Lower |
|
Google Search |
Lower |
|
Technical |
Sell |
|
Social Media Sentiment |
Steady |
Tesla Stock Forecast: Technicals
Latest Tesla Stock Analysis Video
Tesla Stock Prediction: Google Search Data
Search on Google for Tesla Stock is lower compared to 24 hours ago. [Use the cursor on the chart to see how things have moved over the previous session at that point in time]
Also Read: Tesla Q4 earnings
TESLA Stock Forecast: CrowdWisdom360- Insights
- The short term recommendation is to sell the stock.
Read about LUCID Stock Forecast
Tesla Stock Forecast: Latest Tesla News and Tweets
Tesla Stock Predictions: TSLA Social Media Sentiments
Period |
7 Days |
1 Day |
Trend |
|
Net Social Media Sentiment ($TSLA) |
-7% |
-8% |
Steady |
Read about possible Tesla Stock Split
Tipranks Tesla Blogger Opinions & Sentiment
Will Tesla Stock Go Up
Tesla Stock Forecast: Competition performance
It is no surprise that the EV market doesn’t work on a monopoly. Tesla faces serious competition from companies like Ford, Volkswagen, BMW, Kia and Hyundai, all of whom are looking to enter the electric vehicle arena.
A few months ago, Volvo confirmed EVs will account for 100% of its vehicle sales by 2030. Auto giant General Motors estimates to increase its all-EV fleet to 30 models by the end of 2023. It plans to offer only light vehicle EVs by 2035 while Ford now expects to sell only EVs in Europe by the end of this decade. In addition, Volkswagen announced plans to develop six battery factories in Europe.
Tesla Stock Forecast: Diversification policies
Tesla has announced plans for diversification into countries like India, which may prove to be an immense market for the automaker. The company has been in talks with the Indian administration and is expected to begin operations in the country by the later half of 2021.
The company also expects to expand the reach of its ever-so-famous Gigafactory for battery and vehicle production. With well-established Gigafactories in Nevada, New York and Shanghai, the expansion will lead to similar factories being developed in Berlin and Austin.
Tesla Stock Prediction and Forecast : Battery Production
At the moment, Tesla partners with Panasonic for the production of its vehicle batteries. The Gigafactory in Nevada produces Lithium-ion batteries, with the 2020 target of 35 gigawatt-hours per year of cells as well as 50 gigawatt-hours per year (5.7 MW) of battery packs. This production could be equivalent to supplying 500,000 Tesla cars per year
In home-powered solar batteries, Tesla competes with LG, Orison, Sonnen, SimpliPhi Power, and Sunverge. In electric grid energy, the contenders include Strata Solar, AES, and NextEra.
Nasdaq.com-Top Analyst Reports for Tesla
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