Tesla tumbled 15% on March 10, its biggest single day drop in more than five years. Elliott Wave International's March Global Market Perspective provides this insight:

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Sunday, June 16, 2024

Tesla Robo Taxis are Coming THIS YEAR! / Companies / Tesla

By: Nadeem_Walayat

I've covered Tesla at length over the past couple of years, promoting it to primary AI due to developments in it's AI and robotics divisions which has been manifesting itself in FSD updates that have long promised to turn every Tesla car into a fully self driving car, a defacto robo taxi! With the release of FSD 12.3 that future is just a mere months away as Musk tweeted.

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Friday, December 15, 2023

Why Tesla Stock Will X10 - Optimus Gen 2 Humanoid Robot / Companies / Tesla

By: Nadeem_Walayat

TESLA is making the future becoming manifest on an exponential curve.

This is why no one owns enough Tesla stock today, forget self driving cars, it's AI processors that will power the brains of the Optimus bot's that is what Tesla is actually all about, I am definitely going to ramp up my exposure to Tesla stock long before the herd cottons onto what is going on because Tesla stock is not just for 2024 but for the next DECADE, to many multiples of the current stock price, perhaps x10 over the next 10 years.

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Monday, January 30, 2023

Tesla TSLA Q4 Earnings - Buy the Rumour Sell the News / Companies / Tesla

By: Nadeem_Walayat

TESLA - $143, EGF 16%, EGF12M 362%, PE 39

Tesla's PE ratio collapsed along with it's stock price to a low of $100 a share! And as expected has rebounded strongly to now well above $130 and should continue trending higher to north of $160, to eventually attempt to break back above $200 this year, but the trend will be volatile i.e. expect huge gap moves. In terms of earnings the EGF's remain strongly positive so Tesla regardless of MSM noise should continue to post positive earnings growth signs for which can be seen in the reopening of China which thus feeds the stock prices trend higher. The valuations has reset to X39 and should continue to moderate during 2023 which suggests to expect earnings to continue to grow all year. After some trimming I am currently 130% invested and I aim to continue to lighten towards being about 115% invested in this volatile AI tech giant.

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