Period Range Breakdown
Past 24 Hour Analysis
Recent Analysis of Tesla, Inc. (TSLA)
This analysis is based on data that is not older than 28 hours from November 4, 2024, providing timely insights for traders. For those new to trading or looking to refine their strategy, you can explore our resources on what is stock trading and how to start trading stocks.
Stock Price and Trading Data
On November 4, 2024, Tesla's (TSLA) stock closed at $257.02. The trading day displayed a range between $251.53 and $261.75. These figures highlight moderate volatility, offering potential opportunities for both short-term traders and long-term investors. For more on understanding stock volatility, consider reviewing our guide on understanding stock volatility.
Market Cap and Volume
- Market Capitalization: ~$812.14 billion
- Trading Volume: 67 million shares
- Average Volume: 96.7 million shares
The lower-than-average volume may indicate reduced trading activity or consolidation, suggesting caution for those considering entering new positions.
Financial Metrics
Here is a summary of key financial metrics for Tesla:
- Price/Earnings (Normalized): 103.59
- Price/Sales: 9.41
- Price/Cash Flow: 65.61
- Return on Assets (Normalized): 14.43%
- Return on Equity (Normalized): 24.84%
- Return on Invested Capital (Normalized): 20.04%
Bold P/E ratio suggests high growth expectations. Investors should contrast these valuations with fundamentals, as outlined in our analysis on analyzing stocks for investment.
Analyst Forecasts
- Median Target Price: $225.93
- High Estimate: $350.00
- Low Estimate: $115.00
With a median target below the current trading price, analysts' forecasts could imply potential downside risk, beneficial for those interested in hedge with options.
Recent Performance
- 52-Week Range: $138.80 – $271.00
- Current Trading Level: 158.62% above the 52-week low and 81.26% away from the 52-week high.
The stock’s position within the 52-week range might affect trading strategies. Explore strategies like growth vs value stocks or long vs short stock trading.
Latest Financial Results
During Q3 of 2024:
- Production: ~470,000 vehicles
- Deliveries: ~463,000 vehicles
- Energy Storage: 6.9 GWh deployed
Tesla's operational performance in vehicle production and energy storage is promising for future growth. For more comprehensive analysis on stocks in similar sectors, visit our section on stock market news analysis.
Additional Resources
For those interested in delving deeper, explore our detailed guides on stock trading strategies for beginners and advanced stock trading techniques.
External resources:
These insights aim to equip you with essential knowledge to make informed decisions. Always remember to assess your risk appetite and continue learning through reliable sources.
Last Month Period Analysis
Tesla, Inc. (TSLA) – One Month Stock Analysis
For traders delving into Tesla, Inc. (TSLA) over the past 30 days, the following points are key to understanding the company's current status and trajectory. This analysis is based on a one-month period and uses a variety of resources to provide an in-depth view. For those new to stock trading, this guide might be helpful.
Production and Deliveries
In Q3 of 2024, Tesla produced and delivered a significant number of vehicles:
- Model 3/Y:
- Produced: 443,668 units
- Delivered: 439,975 units
- Other Models:
- Produced: 26,128 units
- Delivered: 22,915 units
These numbers highlight the company's robust production capabilities.
Financial Performance and Stock Movement
Third Quarter Results
Tesla's Q3 financials outperformed expectations:
- Cost Efficiency: The cost of goods sold per vehicle hit a record low at about $35,100.
- Software Revenue: Revenue from Full Self Driving (FSD) software amounted to $326 million.
Stock Surge
- Tesla's stock witnessed a historic single-day increase, almost 22%, boosting the company's market capitalization by approximately $150 billion.
- This surge was influenced by Elon Musk’s optimistic projections, including:
- Expected 20-30% sales growth in the following year.
- An affordable model planned for the first half of 2025.
Key Financial Metrics
- The third-quarter margins exceeded forecasts, largely due to diminished production costs.
- FSD software played a crucial role in margin improvements.
To understand the basics of investing in companies like Tesla, check out stock market basics.
Investor Sentiment and Events
Robotaxi Event
- The "Cybercab" robotaxi concept introduced on October 10, 2024, did not meet investor expectations, leading to a 9% decrease in Tesla's stock price.
Investor Reactions
- Some investors are cautious, interpreting the stock surge as a relief rally post-October's depreciation.
- There are mixed feelings about Musk's emphasis on robotaxis and AI, suggesting potential distractions from the core EV business.
Future Outlook
- Sales Growth: A projected 20-30% increase in sales is anticipated for the upcoming year.
- Affordable Model: Plans for a more affordable model by 2025 show promising market expansion.
- Regulatory Challenges: Musk's paid, driverless ride-hailing service plans may encounter significant regulatory objections.
Exploring the risks and mitigation involved in stock trading is vital for informed decision-making.
Stock Performance
Historical Prices
To illustrate Tesla's recent performance:
- Oct 24, 2024: $262.2
- Oct 23, 2024: $218.90
- Oct 22, 2024: $220.48
Tesla's trading volume touched about 200 million shares on the day of the notable surge.
For greater insights into stock movements, how to read stock charts can provide a visual understanding.
Conclusion
This analysis provides a comprehensive look at Tesla’s activities, offering valuable insights for professional traders. For more advanced techniques, feel free to check advanced stock trading techniques or explore the broader context of stock market news and analysis.
For additional resources and information, visit Glazhome.
Last Year Period Analysis
Analyzing Tesla, Inc. (TSLA) Stock Performance: A Professional Trader's Perspective
This analysis of Tesla, Inc. (TSLA) stock is based on a year-long period, revealing essential insights into its performance for traders looking to make informed decisions. Below is a detailed breakdown of key elements affecting Tesla’s stock, utilizing various features of Markdown to present the information comprehensively.
Recent Performance and Price
- Tesla's stock price as of November 5, 2024, stands at $242.84.
- In 2024, Tesla's stock has experienced a decline of 30.4%, following an impressive gain of 102% in 2023.
- The stock is trading at roughly two-thirds of its previous peak of around $258 in December 2023.
Financial Performance
2023 Financial Highlights:
- Revenue: $96.77 billion (up 18.80% from the previous year).
- Earnings: $15.00 billion (up 19.20%).
2024 Financial Outlook:
- Deliveries are expected to remain flat, with 1.8 million units similar to 2023.
- Average selling prices might decrease due to potential price cuts in major markets like China.
Delivery and Sales
- 8.5% year-over-year decline in first-quarter deliveries for 2024.
- Attributed to one-off issues and a broader slowdown in demand.
- Increased competition, especially from Chinese competitors, plays a significant role.
Market and Analyst Forecasts
- Average 12-month stock price forecast from 38 analysts: $208.94 (a -5.6% decrease from the current price).
- Morningstar’s Rating: 3-star for Tesla's stock, indicating it is fairly valued with a Very High Uncertainty Rating.
Key Metrics
- Market Cap: Approximately $707 billion.
- PE Ratio:
- Trailing: 62.23
- Forward: 81.25
- 52-Week Range: $138.80 – $271.00.
Segment Performance
Tesla operates in two key segments:
Automotive:
- Primary revenue driver, includes electric vehicle sales and related services.
Energy Generation and Storage:
- Provides further revenue opportunities.
Risks and Opportunities
Risks
- Increased Competition: From both traditional automakers and new entrants.
- Price Cuts: May be necessary to maintain market share.
- Battery Production: Reliance on Chinese-made batteries might affect US subsidies.
Opportunities
- Industry-Leading Technology: Tesla’s technology gives it an edge.
- Supercharger Network: Unique asset for Tesla's growth.
- Autonomous Vehicles and Energy Systems: Potential significant growth areas.
Analyst Sentiment
- Overall Rating: "Hold"
- Analysts like Dan Ives from Wedbush Securities remain bullish on Tesla’s future, highlighting advancements in autonomous vehicle technologies.
For more in-depth understanding:
This comprehensive view of Tesla’s recent performance, financial health, market forecasts, and associated risks and opportunities is crucial for traders aiming to make well-informed decisions. For continued learning on various trading strategies, please visit Stock Trading Strategies for Beginners.
Disclaimer: This information material (regardless of whether it reflects opinions or not) is intended solely for general information purposes. It does not constitute independent financial analysis and is not financial or investment advice. It should not be relied upon as a decisive basis for an investment decision. This information material is never to be understood as GlazHome/CostGame recommending or deeming the acquisition or disposal of certain financial instruments, a particular timing for an investment decision, or a specific investment strategy suitable for any particular person. In particular, the information does not take into account the individual investment goals or financial circumstances of any individual investor. The information has not been prepared in accordance with the legal requirements designed to promote the independence of financial analysis and is therefore considered a marketing communication. Although GlazHome/CostGame is not expressly prevented from acting before providing the information, GlazHome/CostGame does not seek to gain an advantage by disseminating the information beforehand.
