Tesla Stock Forecast: TSLA Nears $1100, Gains Nearly 6% on Last Trading Day

Tesla Stock Forecast: TSLA Nears $1100, Gains Nearly 6% on Last Trading Day

US Politics
December 25, 2021 by Kitty Stone
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Tesla Stock Forecast : Overall recommendation for Monday is Buy. On Monday, analysts predict an average support price of $ 954 and an average resistance of $ 1084. All of the 5 Momentum Indicators is Positive. None of the 5 Indicators are Negative 3 Analysts TESLA closed 5.76% higher at $ $1067 in the last

Tesla Stock Forecast : Overall recommendation for Monday is Buy.

On Monday, analysts predict an average support price of $ 954 and an average resistance of $ 1084.

All of the 5 Momentum Indicators is Positive. None of the 5 Indicators are Negative

3 Analysts

TESLA closed 5.76% higher at $ $1067 in the last trading session.

Metric
Value
Trend
Share Volume (Compared to Previous Day’s Close)
30 M
Lower
Average Share Volume
28 M
NA
Forward PE (1 Year)
239.64
NA
image 755

Read about RIVIAN Stock Forecast

Tesla Stock Forecast: Momentum Summary

Momentum Indicator
Indicator Direction
Stock Price
Higher
Technical
Buy
Social Media Sentiment
Positive
Volume
Higher
Performance vs NASDAQ
Higher

Read about NIO Stock Forecast

Tesla Stock Forecast: Performance Chart

1 day
last 5 days
last 1 month
last 1 year
5.76%
16.74%
-4.39%
+61.23%

Tesla Stock Forecast: Support and Resistance

Source
Support
Resistance
Recommendation
$ 949 (S3)
$ 1091 (R1)
Buy
$ 970 (S3)
$ 1067 (R1)
Buy
$ 943 (S3)
$ 1094 (R1)
Buy

Santa Claus rally! Tesla stock to $1130 then ATH | TSLA Stock Analysis & Price Predictions

Read about LUCID Stock Forecast

Tesla Stock Forecast: Tesla Latest News and Crowd’s Tweets

Originally tweeted by Invstoak (@invstoak) on December 24, 2021.

Tesla | $TSLA
Weekly Chart
$1067.00

Closed the gap above its last base pivot + bounced off the 21ma, textbook setup. Still not out of the weeds, waiting for the downtrend to break

FHVYo9HVkA4O9A8

Originally tweeted by Philip Calrissian (@Trading_Sunset) on December 23, 2021.

Closing chart: Tesla $TSLA settled +5.8% to $1067.00, an impressive run from the Tuesday $886s (bullish engulfing candle, marking a short/mid term floor). Momentum to turn positive on Monday. Bodes well for the main market. @petenajarian

FHVBAiiXsAcD8Zi

Yahoo Tesla Community

Tesla Stock Forecast: TSLA Social Media Sentiments

Social Media Sentiment Period
Positive Sentiment
Negative Sentiment
Sentiment
Last 7 days
11.6%
14.%
Negative
Last 24 hours
14.1%
12.8%
Positive

Tipranks Tesla Blogger Opinions & Sentiment

Tesla Stock Worth $350… or was it $1,963? CLOWN Show 🤦‍♂️

TSLA Tesla Stock Forecast: 12 months forecast (Upper Range)

Source
12 month Tesla Stock Forecast
$ 1580 (Upper Range)
$ 1300 (Upper Range)
$ 1300 (Upper Range)

Investing.com Tesla Community

Future Outlook for Tesla Inc in 2022.

As per technical analysis, Tesla Inc has run steadily over the past year and is cooling off recently. Although, the bullish strength is diminishing with MACD bearish crossover and RSI also below 60, but a major correction or crash is not expected. The company’s financials are very strong with record revenue and net income but company is expected to face issues like critical federal vehicle safety regulations. The National Highway Traffic and Safety Administration is investing Tesla for safety defects in Autopilot driver assistance system after a string of crashes involving Tesla drivers.  

Also chip shortage issue is yet to be resolved but it is transitory in nature. Also launch of its much awaited model Cybertruck is delayed and investors are not happy with the news. But stock is yet to see a major correction in its history and any correction up to $1000 will make it a more attractive investment.

Tesla Stock Prediction and Latest Stock News: TSLA Trades Over $1000 Mark

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. 

Manufacturing.net

Tesla Stock Forecast : Diversification policies 

Tesla has announced plans for diversification into countries like India, that 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. 

Tesla Motors Club Forum

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Nasdaq.com-Top Analyst Reports for Tesla

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