Tesla today
As of 04:00 pm
- 52 weeks
- 212.11 dollars
▼
488.54 dollars
- P/E ratio.
- 246.28
- The target price
- 317.70 dollars
Car giant shares Tesla Inc. Nasdak: Tesla Nearly 20 % increased during the past week, to remind investors only how quickly the stock is transferred when the narration turns. However, the bulls scratched their heads in most of the summer.
We also reported recently, the American market share in Tesla sank to its lowest level in eight years, and its plan appeared tiring after repeated failures in penetrating the resistance about the $ 360 brand.
Whatever, as we were wondering what it is required to revive the momentum, it seems that the CEO Elon Musk has gave the answer. His decision to purchase more than a billion dollars from Tesla shares last week represented last week The most important purchase of the interior in the history of the company. It has re -settled the conversation that goes to the fourth quarter.
So, what does this purchase mean, and how should investors deal with Tesla now? Let’s divide it into two clear reasons for being bullish and one reason to stay cautious.
The upcoming reason 1: condemnation from the inside at the ideal moment
The size and timing of the musk purchase cannot be exaggerated. Sweep 2.5 million sharesAll over this sticky brand $ 360, in A purchase of more than one billion dollars. It has become more interesting because his last important purchase of Tesla’s share returned in early 2020, when a 60 % sale began.
This last minute comes in a very similar moment when many investors began to doubt the story. The company’s American market share recently fell to less than 40 % for the first time since 2017, European sales were slowing down, and while Tesla shares managed to get out of the flag last month, it also failed to run as expected.
Musk’s Move Wall Street and the market in general tells that he still sees huge bullish potential even if others do not.
Like plans to rebuild corporate shares, condemnation from the inside like this often has a strong effect of signal. If the executive director is ready to make a personal capital of this size, he indicates that he sees the current Tesla evaluation as less than its value compared to his capabilities. Looking at the amount of Tesla acquired shares after the update, many others think at the same time.
The upcoming reason No. 2: The “CEO of Time” was placed
Tesla stock forecast today
317.70 dollars
-25.44 % negative sideHold
Based on 41 analyst classifications
| The current price | 426.07 dollars |
|---|---|
| High expectations | 548.00 dollars |
| Average expectations | 317.70 dollars |
| Low expectations | 19.05 dollars |
Tesla stock forecast details
The team in Wedbush reiterated the weight gain classification on the stocks after the update, where analyst Dan Evez said that Musk has returned to Establishing “CEO in wartime”.
Given the number of Tesla deviations that Tesla had to deal with when it comes to Musk during the past year, this will be a refreshing change in speed.
Given that the company needs to start doubling the future of Tesla behind cars, the vision of musk that focuses on the laser on other major investments is the wind that affects the need.
In many ways, Buy Insider provides a new crowd point for investors who have grown uncomfortable, not only with the declines of the last market share but also with the ongoing CEO. Instead, Bulls has the founder and leader who doubles his money at a main turning point.
Detailed cause 1: Noble evaluation is a danger
Of course, there is another aspect of this story. Thanks to the last stock jump, Tesla’s The price ratio to the profits increased to 240About four years. Given that there are already fears that this was a false number, the next profit report was pressed in mid -October.
The results should be exceptional to justify modern gains and lead fresh gain. If Tesla can’t bear a modest missing, then this is now. With its market share sliding to its lowest level in several years and quickly competitors, The Bears has a lot of ammunition.
In fact, a 2 % decrease on Thursday showed that the sellers were still going on and were not expelled. Failure to adhere to these gains and survival over the mark of $ 400, even before October results. But with the broader market in the danger mode, the main indicators that reach record levels, it must be said that the possibilities are stacked in favor of Tesla-at the present time, at least.
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