CNBC Overtime’s Post

Tesla Rally Gives Way to Rout as Analysts Sour on the Stock : Weak numbers, scant robotaxi detail push analysts to downgrade : Tesla Earnings Fall Short Again : Analysts at Cantor Fitzgerald, CFRA and New Street Research downgraded their recommendations on the stock after the earnings “Tesla’s Robotaxi announcement in October may be more aspirational than substantive” Tesla Earnings Projections Steadily Decline- lofty multiples that Tesla shares trade at — they change hands for about 94 times forward earnings — General Motors and Ford Motor by contrast, trade at mid-single-digit multiples : Musk faces tough task of buoying sentiment as results slump

Tesla Set for New All-Time Highs As Wall Street Bigwigs Simon Hale And Rich Ross Back EV Maker For New Milestones: 'This Should Not Be Ignored' https://ift.tt/eSvARrF Simon Hale, a Senior Portfolio Manager at Wellington Altus Private Wealth, has highlighted the potential for Tesla Inc to reach new all-time highs. Hale's comments come as Tesla's stock continues to make headlines with its recent price target increase and warnings to short sellers. Latest Ratings for TSLA Date Firm Action From To Feb 2022 Daiwa Capital Upgrades Neutral Outperform Feb 2022 Piper Sandler Maintains Overweight Jan 2022 Credit Suisse Upgrades Neutral Outperform View More Analyst Ratings for TSLA View the Latest Analyst Ratings read more via Benzinga - Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals https://ift.tt/Vk1EZvt July 03, 2024 at 01:16AM

“But even by that new standard — with growth forecasts on Wall Street sinking rapidly — the grim sales prediction from a key Tesla analyst on Wednesday was still shocking. There’ll be zero growth in sales volumes for the electric-vehicle maker this year, Wells Fargo’s Colin Langan said. And in 2025, it’ll be worse yet: volumes will drop. Shares of the company reacted appropriately, dropping 4.5% to close at a 10-month low of $169.5 on Wednesday. The stock has now fallen 32% this year, missing out on a broader rally that has pushed the S&P 500 Index up 8.3%. The reason is clear: Tesla’s ability to grow at the furious pace that its expensive valuation promises is no longer a guarantee. The company still trades at a multiple that is significantly higher than other mega-cap high-flyers, yet the pace of expansion in its revenue and profit have slowed markedly since last year.” There are too many other good EV options available today that don’t come with the albatross of having a toxic CEO.

🚗📉 Tesla's Changing Trajectory: Navigating Market Realities 📉🔍 In a surprising turn of events, Tesla Inc. finds itself grappling with a once-unthinkable forecast: zero growth in sales volumes this year, followed by a projected decline in 2025. This stark prediction, delivered by Wells Fargo's Colin Langan, sent shockwaves through the market, with Tesla's shares plummeting 4.5% to a 10-month low. 📉 Market Reaction: The stock's decline reflects a broader sentiment shift, signaling skepticism about Tesla's ability to sustain its rapid growth trajectory. Despite its lofty valuation, Tesla's revenue and profit expansion have notably decelerated, prompting questions about its future market positioning. 💡 Analyst Insights: Wells Fargo's Langan underscored Tesla's current predicament, labeling it a "growth company with no growth." He pointed out that sales volumes saw a mere 3% increase in the second half of 2023, coupled with a 5% decline in prices, highlighting the company's struggle to maintain momentum amidst global pricing pressures and intensified competition. 🔔 Market Warning Signs: Concerns about Tesla's growth prospects have been mounting since October, compounded by disappointing data from key markets and production disruptions. Musk's strategy of lowering prices to stimulate demand has shown diminishing returns, further fueling apprehensions among investors. 📉 Valuation Realignment: Despite its status as an EV and battery technology leader, Tesla's valuation appears increasingly disconnected from its performance relative to industry peers. The stock's forward earnings multiple remains elevated at around 55 times, raising questions about its valuation sustainability in the face of moderating growth. As financial analysts, it's crucial to monitor Tesla's evolving narrative and its implications for the broader market landscape. 📊🔍 #FinancialAnalysis #Tesla #StockMarket #EVIndustry #MarketTrends

Those who follow the stock market will not know that Tesla's stock price is currently at a 52-week low. However, I still don't think it's the right time to buy. Under Elon Musk's directive, the company is altering its approach, abandoning plans for a more economical electric vehicle to prioritize robotaxi development. Musk has set a target date of August 8, 2024, to launch a fully autonomous robotaxi. However, based on previous experiences with delays commonly referred to as "Elon time," it's likely that the robotaxi will not be ready by this date. Enthusiastic superfans have often influenced others to invest based on their own profits. However, those who have invested more recently face challenges, as the stock price has dropped to a 52-week low. This highlights the risks of following hype-driven trends rather than consistent corporate performance. Trust and credibility are paramount for any CEO, and Musk's frequent overstatements stand out. Expect Tesla's stock to continue experiencing significant volatility until the company consistently rolls out major milestones within the stated time periods. The initial excitement and hype can only sustain interest to a certain extent. I predict more volatility for Tesla in the coming months. If you understand investing in the Price-to-Earnings ratio, there are plenty of better stocks that will likely outperform Tesla.

It’s not a new story that Tesla is no longer a red-hot growth stock. But even by that standard and with its growth forecasts sinking rapidly, a grim sales prediction from a key analyst of Elon Musk’s electric-vehicle maker was still shocking. There’ll be zero growth in sales volumes for the electric-vehicle maker this year, Wells Fargo’s Colin Langan said Wednesday. And in 2025, it’ll be worse yet: volumes will drop. Shares of the company reacted appropriately, dropping 4.5% to close at a 10-month low. The stock has now fallen 32% this year, missing out on a broader rally that has pushed the S&P 500 Index up 8.3%. Bloomberg

TL;DR: Tesla Stock Drops on Disappointing Earnings Report ↓↓↓ Tesla's stock plummeted by 8%, wiping out roughly $130 billion in market value, following year-end results that underwhelmed the market. Despite a substantial rise in fourth-quarter profits, driven by tax benefits, the company's vague guidance and forecast for much slower sales growth has investors wary, signaling a potential departure from previous high annual growth benchmarks. Elon Musk's proposal to increase his stake in the company to 25%—alongside hints at redirecting focus to AI technologies if not granted—adds to the uncertainty, challenging Tesla's position in an increasingly competitive electric vehicle sector amid investor concerns of share dilution and strategic shifts. → https://buff.ly/49bU5Px

Finbold's latest analysis reveals the impressive returns from investing $1000 in Tesla stock at the beginning of 2024. Delving into Tesla's performance over this period, the report sheds light on the factors driving its growth. Investors can glean valuable insights into Tesla's profitability and potential, as well as strategies for optimizing returns in the ever-evolving market landscape.

Tesla stock slipped more than 5% on Wednesday after the company reported missed its earnings and revenue forecasts in Q4 2023. With a 1% YoY increase, Tesla still reigns over EV industry. Yet uncertainty remains-Can Tesla redeem its declining demand? Should investors keep a cautious outlook of Tesla’s future growth? Join our topic discussion and share your thoughts! #TeslaStockDrop #EarningsMiss #EVMarketDomination #TeslaGrowth #InvestorCaution #FinancialForecast #MarketVolatility #ElectricVehicles #TeslaAnalysis #StonkTech

Market Updates: TESLA Tesla went public on June 29, 2010, with an initial public offering (IPO) price of $17 per share. The stock continued to rally, reaching $414 in November 2021, characterized as an impulsive move in technical analysis, specifically from an Elliot Wave perspective. It's essential to note that market movements exhibit a swinging nature; there is no straight-up or down trajectory, mirroring the unpredictability found in life. Following Tesla's bubble in 2021, the stock retraced for 15 months, settling around $100 in January 2023. During this period, traders and investors found satisfaction in the downward movement of the market. In the recent trend, Tesla has been establishing higher highs (HH) and higher lows (HL), signaling an upward movement. The chart outlines a projected path, indicating a bullish continuation likely to persist until the conclusion of the first quarter of 2024. To monetize on this movement, a straightforward strategy can be employed on the daily time-frame: patiently await the market to form a bullish candle that engulfs the previous one, and carefully observe the stop-loss level illustrated on the chart.