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.
- STOCK INDEX PARTICIPATION: Tesla stock is part of both the NASDAQ 100 (USA100) index and the S&P 500 (USA500) index.
- “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 at less than $30,000. He also said he expects Full Self-Driving (FDS) technology to be available on the Tesla's popular Model 3 and Model Y vehicles in Texas and California next year. ROBOVAN: Musk also showcased a larger, self-driving vehicle - Robovan - capable of carrying up to 20 people. OPTIMUS HUMANOID ROBOT: The company showcased its black-and-white Optimus humanoid robots, which performed dance moves in a futuristic gazebo after walking a short distance. Musk estimated their price at $28,000 to $30,000, with capabilities like babysitting, mowing lawns, and fetching groceries (Source: Reuters).
- MARKET SHARE: 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: EVENTS
- EVENT (EXPECTED: JANUARY 1- 5): Q4 CAR DELIVERY DATA. Tesla is expected to report record-high car delivery numbers for Q4 of 2024, with some analysts expecting more than 500,000 vehicles. Goldman Sachs expects to see a figure of 510,000 vehicles. Previous record was the one for Q4 of 2023, with Tesla reporting 484,507 vehicles delivered.
- 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.
- TESLA ROLLED OUT A NEW VERSION OF ITS SELF-DRIVING (FSD) SOFTWARE (V13). Tesla is advancing its self-driving technology with AI. Ashok Elluswamy, Tesla’s VP of AI software, announced the rollout of version 13 of Full Self-Driving (FSD), which handles most driving but still requires human supervision. Investors watch FSD closely, as Tesla views it as key to full autonomy (Source: Barrons.com).
TESLA: HOW DOES THE COMPANY PERFORM UNDER DONALD TRUMP AS PRESIDENT OF THE USA
- PRESIDENTIAL ELECTION 2024: DONALD TRUMP WON HIS SECOND TERM AND WILL TAKE OFFICE ON JANUARY 20, 2025. The Tesla stock is expected to rise in volatility as CEO Elon Musk has openly supported Donald Trump. Analysts have agreed that in case Donald Trump won, 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: RECENT PRICE ACTION
- TESLA STOCK AT NEW ALL-TIME HIGH: Tesla hit an all-time high of around $487.99 (December 18, 2024). Since the beginning of the year, the stock price has gone up by near 100%.
- WEDBUSH DAN IVES RAISED ITS PRICE TARGET TO $515 A SHARE FROM $400 PREVIOUSLY. Bull case is $650 for 2025. According to them, A.I./autonomous segment is worth at least $1 trillion. The Trump White House would be a total game changer for the autonomous and A.I. story for Tesla and Musk over the coming years.
- MIZUHO RAISED ITS PRICE TARGET TO $515 FROM $230 PREVIOUSLY.
#TSLA, December 23, 2024
Current Price: 430
|
Tesla |
Weekly |
|
Trend direction |
|
|
650 |
|
|
600 |
|
|
500 |
|
|
370 |
|
|
350 |
|
|
330 |
Example of calculation based on weekly trend direction for 1 Lot1
|
Tesla |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
220,000 |
170,000 |
70,000 |
-60,000 |
-80,000 |
-100,000 |
|
Profit or loss in €2 |
211,538 |
163,462 |
67,308 |
-57,692 |
-76,923 |
-96,154 |
|
Profit or loss in £2 |
175,229 |
135,404 |
55,755 |
-47,790 |
-63,720 |
-79,650 |
|
Profit or loss in C$2 |
316,554 |
244,610 |
100,722 |
-86,333 |
-115,110 |
-143,888 |
1. 1.00 lot is equivalent of 1000 units
2. Calculations for exchange rate used as of 10:30 (GMT) 23/12/2024
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.