Tesla (#TSLA) weekly special report based on 1 Lot Calculation:
TESLA: THE COMPANY
- Tesla produces several Electric Vehicles (EV) including the Model 3, Model X, Model Y, Model S and since recently, the Cybertruck. Tesla also delivers the Semi-Truck.
- Tesla is still the largest seller of pure battery-powered Electric Vehicles (EVs) in the world and an absolute leader in the US (taking up between 60%-70% market share).
TESLA: HOW DOES THE COMPANY PERFORM UNDER DONALD TRUMP AS PRESIDENT OF THE USA
- PRESIDENTIAL ELECTION 2024: DONALD TRUMP (R) WON OVER KAMALA HARRIS (D). The Tesla stock is expected to rise in volatility as CEO Elon Musk has recently started to openly support Donald Trump. Analysts have agreed that in case Donald Trump wins over Kamala Harris, then companies owned by Elon Musk, including Tesla, could see some benefits.
- DONALD TRUMP NAMED ELON MUSK TO A ROLE AIMED AT CREATING A MORE EFFICIENT GOVERNMENT. U.S. President-elect Donald Trump named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world's richest man. Musk and former Republican presidential candidate Vivek Ramaswamy will co-lead a newly created Department of Government Efficiency, an entity Trump indicated will operate outside the confines of government (Source: Reuters).
- HISTORICAL PERFORMANCE: STOCK PERFORMANCE AFTER 3, 6 AND 12 MONTHS AFTER DONALD TRUMP WAS ELECTED PRESIDENT IN THE USA IN 2016:
|
Company |
TICKER |
3 months after the elections 2016 |
6 months after the elections 2016 |
12 months after the elections 2016 |
|
TESLA |
#TSLA |
34.38% |
57.54% |
56.08% |
Data Source: Bloomberg Terminal; Meta Trader 4 Platform;
Please note that past performance does not guarantee future results
TESLA: EVENTS AND ANALYSIS
- Q3 EARNINGS REPORT (OCTOBER 23): TESLA HAS RISEN NEAR 85% TO MORE THAN TWO YEAR HIGH ($397.05) SINCE THE Q3 EARNINGS REPORT. According to CNBC, Tesla reported revenue of $25.18 billion, 8% higher compared to a year before. Tesla reported earnings per share of 72 cents adjusted, topping the average analyst estimate of 58 cents. Net income rose to about $2.17 billion from $1.85 billion a year ago, which is an increase of 17.29%.
- “WE, ROBOT” EVENT (OCTOBER 10). CYBERCAB: Elon Musk reached the stage in a "Cybercab" which he said will go into production in 2026 and be priced less than $30,000. He also said he expects Full Self-Driving (FDS) technology to be available on Tesla's popular Model 3 and Model Y vehicles in Texas and California next year. ROBOVAN: Musk also showcased a larger, self-driving vehicle - called Robovan - capable of carrying up to 20 people. OPTIMUS HUMANOID ROBOT: The company also trotted out several of its black and white Optimus humanoid robots, which walked a few feet from the attendees before showing off dance moves in a futuristic-looking gazebo. Musk estimated that the robots would cost between $28,000-$30,000 and would be able to babysit, mow lawns, fetch groceries, among other tasks. (Source: Reuters)
TESLA: OTHER ANALYSIS
- DECEMBER 9: TESLA TO LAUNCH ITS AFFORDABLE “MODEL Q” IN THE FIRST HALF OF 2025. According to reports shared during a Deutsche Bank investor conference by Tesla’s Investor Relations head, Travis Axelrod, the company plans to release this entry-level electric vehicle in the first half of 2025. After subsidies in North America, the Model Q is expected to cost less than $30,000, making it Tesla’s most accessible model yet.
- DECEMBER 1: TESLA ROLLED OUT A NEW VERSION OF ITS SELF-DRIVING (FSD) SOFTWARE (V13). Tesla uses AI computing to train cars to drive themselves. Ashok Elluswamy, Tesla’s vice president of AI software, tweeted Saturday night that version 13 of Tesla’s highest-level driver assistance software called Full Self-Driving began rolling out to customers. Investors always pay close attention to FSD developments. Tesla believes it’s the product that will ultimately turn the millions of Tesla vehicles on roads into truly self-driving cars. FSD can do most of the driving most of the time, but it still requires human supervision all of the time (Source: Barrons.com).
- WEDBUSH: TESLA HAS A $1 TRILLION OPPORTUNITY IN A.I. AND SELF-DRIVING. Tesla could reach a $2 trillion valuation in total within the next 12 to 18 months, according to a report by Wedbush analyst Dan Ives (Source: Yahoo Finance).
- BREAKING (NOVEMBER 18): TRUMP ADMINISTRATION TO ESTABLISH A FEDERAL FRAMEWORK FOR FULLY SELF-DRIVING VEHICLES. Bloomberg reported that the upcoming Trump administration will establish a federal framework for fully self-driving vehicles and make it a top priority for the Department of Transportation. Current federal rules significantly restrict cars without foot pedals and steering wheels (Source: Reuters).
#TSLA, December 9, 2024
Current Price: 390
|
Tesla |
Weekly |
|
Trend direction |
|
|
600 |
|
|
500 |
|
|
430 |
|
|
355 |
|
|
330 |
|
|
300 |
Example of calculation based on weekly trend direction for 1 Lot1
|
Tesla |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
210,000 |
110,000 |
40,000 |
-35,000 |
-60,000 |
-90,000 |
|
Profit or loss in €2 |
198,533 |
103,993 |
37,816 |
-33,089 |
-56,724 |
-85,085 |
|
Profit or loss in £2 |
164,332 |
86,079 |
31,301 |
-27,389 |
-46,952 |
-70,428 |
|
Profit or loss in C$2 |
296,780 |
155,456 |
56,530 |
-49,463 |
-84,794 |
-127,192 |
1. 1.00 lot is equivalent of 1000 units
2. Calculations for exchange rate used as of 11:30 (GMT) 9/12/2024
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.