Tesla needs to hold 208.98 floorIf Tesla pulls back to 208.98 and holds I would be long for potential rally with earnings coming up. Below 208.98 196.54 would be my first target.by MarketMechanic24330
TESLA Breakdown or Bounce? Critical Levels You Cant Miss!!!!Tesla (TSLA) just broke below a critical level, and now all eyes are on the $213 support. 📉 If bulls defend this zone, we could see a strong bounce toward $236 and beyond. However, if we lose this support, expect a drop to the next target at $207 and possibly down to $189. 📉 ⚡ Stay alert, traders—this could go either way! Watch for volume and price action around these levels. Are you ready to catch the move? 🚀 MB Trader by Mindbloome-Trading1
$TSLA Fibonacci Pyramid Smart Money Maker! Buys: 200.55, 177.25NASDAQ:TSLA Fibonacci Pyramid Smart Money Maker! Buys: 200.55, 177.25, 144.07 Target 300 🎯 Optimizing LOW RISK High Reward I am looking for new buys using the FIBONACCI pyramid Throw a few bucks on lottos and see where it goes ❤️if ur down!by tradingwarzone3318
$TSLA time and price probability Continual volatility surges in highlighted zone Uses: ✅High probability entires ✅Very tight and clear cut zones ✅dentifying exact contracts needed to buy accoeding to option chain bell curve by AmmaJammaTrades0
Buying Tesla at a Strategic Support Level – A Promising InvestmeWe're buying Tesla stock at the current price of $217 based on technical analysis indicating strong support at this level. With a stop loss set at $200 to protect capital, we're targeting the resistance level at $280 for profit-taking. This trade capitalizes on the continued bullish momentum of the stock, supported by Tesla's strong performance and positive market trends in the electric vehicle sector.Longby tickmill9223
TESLA: Long Signal with Entry/SL/TP TESLA - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy TESLA Entry Level - 217.76 Sl - 204.89 Tp - 240.31 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals225
$TSLA #TSLADespite recent sell off in tsla stock, I still believe in long term bull case for this company. Therefore i ll be adding on weakness ..check out details ..by pandhicapital1
TSLA in danger zoneOnce again I called another local top on TSLA, the fanboys and girls fought me about it and blindly bought more overpriced assets. I have been calling for this rejection for weeks/months. The stock is simply overpromised, overvalued, and overhyped. Lets take a deep dive at this updated chart. You will note that golden fib has rejected twice with conviction. Each time falling through the prior fib, we will likely revisit the initial wedge breakout again (bull trap). My belief here is that the market is starting to become overpriced, look at the falling average volume on TSLA (purple MA). This mixed with a potential breakdown of the OBV signals bearishness. My target here is 189$, I would not rule out a flash to 153$. I expect a short term bounce into earnings which is why I sold a bunch of CSP on TSLL around 9.5$ and bought commons. Shortby Apollo_21mil1
important supportThe price has reached the zone of the bottom of the channel and Fibo 62/ In case of exit from the channel and consolidation, the decline will deepen, the positive reaction to the bottom of the channel is considered the initial signal of a retracement, the reversal pattern should be seen in the lower timeframes.by mehrdad14767
TeslaTesla At 216$ Nice price to buy what is support this idea ? fibo 618 golden zone trend lineLongby husains9
TSLA - Compressed Spring ActionTSLA does lot of fake moves, stopped trading it short term. But Today's action showing a tight move ahead, either tmrw or next week. If this takes off like expected, can see 270 easily .Longby just4tradinUpdated 1112
TESLA Can it reverse the ROBOTAXI DISASTER?Tesla (TSLA) plummeted on opening today following yesterday's Robotaxi event, dropping as much as -10% intra day below its 1D MA50 (blue trend-line) and touching the 1D MA100 (green trend-line) for the first time since August 05. The market clearly considered the Robotaxi and the other aspects of the event a disaster fundamentally and the early impression is imprinted on this price collapse. The question on investors' minds is, can the company reverse the sentiment? Well, technically there is a big reason why the price has been pulling back since the September 30 High and that is simple. It has been rejected exactly on the Lower Highs trend-line that started on Tesla's All Time High (ATH) back on November 04 2021. As you can see, this powerful multi-year Resistance has already 5 rejections (red circles) under its belt. But on the bright side, the price has shown clear signs of reversing this long-term and the biggest is the Higher Lows since the January 06 2023 market bottom (the 2nd Higher Low on April 22 2024). On top of that we are seeing the potential for a Channel Up (blue) since the April 22 2024 bottom and is being supported by the 1D MA100. Below that, the last (symmetrical) Support Zone is offered by the 1D MA200 (orange trend-line) and the 195.00 level (so a zone roughly within 195.00 - 203.00). Below that, the recovery potential is endangered to a great extent. So to summarize, there are strong support levels that may cause yesterday's disastrous fundamental sentiment to reverse but most of all, Tesla needs to break above its ATH Lower Highs trend-line. If it does, the first target of the new Bullish Leg should be $380.00 (Higher High on the blue Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot4432
Elon Musk’s EV Empire Unveils Cybercabs and Robovans. Now What?Highly-anticipated Robotaxi event offered a glimpse into what Elon Musk touted as “the future” — a driverless almond-shaped Cybercab robotaxi with no steering wheel or pedals and a Robovan that can ferry up to 20 people (but looks like a giant sliding toaster ). Both are futuristic and flashy. But can they generate revenue and keep Tesla churning out profits? That’s the question investors were asking while they pressed hard on the “Sell TSLA shares” button. Tesla (ticker: TSLA ) is introducing a new era. Years after it had released a new product (the Cybertruck in 2019), the electric-vehicle maker, towering over the EV space , is expanding its product suite with not one but two new sick wheels. Rolling up to the stage in one of them — a robotaxi called “Cybercab” — Elon Musk, Tesla’s chief executive, unveiled the driverless two-seater cab and an autonomous van conveniently called Robovan. “You could fall asleep and wake up at your destination,” Musk said on stage after he arrived one hour late. “There’s no steering wheel or pedals so I hope this goes well.” The other big reveal was a Robovan/Robobus that can pick up a total of 20 people at a time. The Robovan is especially odd-looking, which, according to Musk, is intentional. “We want to change the look of the roads,” said Musk. “The future should look like the future.” The icing on the cake was a new version of Optimus — Tesla’s humanoid robot. In its latest form, Optimus was spotted pouring drinks at the venue and dancing in fish tanks while flexing jacked forearms. Happening at the Warner Brothers movie set in Los Angeles, the hotly-awaited invite-only event had managed to sneak in 50 Cybercab prototypes and multiple humanoid robots. Of the few details laid out around the business model — the Cybercab is going to cost less than $30,000 with an operating cost of 20 cents a mile. “We expect to be in production with the Cybercab … in probably — well, I tend to be a little optimistic with time frames — but in 2026. Before 2027,” Musk said. How would that work? Musk is hoping that there will be millions of Cybercabs available to rent out from the owners through the Tesla app. “Your average passenger car is only used 10 hours a week,” he noted. “If they are autonomous they could be used five times more, maybe 10 times more.” Thus, it seems like Musk is betting on new owners looking to convert their vehicles into autonomous taxis, earning them a passive income. But there’s a long way to go — this new way of transportation requires regulatory approval and regulators don’t exactly have a reputation for being open-minded to new ideas. According to Elon Musk, Tesla’s future hinges on autonomous driving. Driverless vehicles are central to the continued growth and success of the EV maker. So much so that Musk has previously said that Tesla’s market cap could hit $30 trillion, or about 40 times the current valuation (or 10 times the market cap of Apple (ticker: AAPL ), the world's most expensive company .) For reference, the entire S&P 500 index is worth $50 trillion today. Tesla’s market worth may skyrocket 40 times but it won’t be today. The neon-filled scene giving futuristic vibes and Musk touting the new products as game-changers didn’t inspire investors to rush in and shove their cash into Tesla shares. Some key details were missing and that prompted investors to take a cautious stand. First off, from over 2 hours of livestreamed content , the presentation was just about 20 to 30 minutes and didn’t discuss anything about self-driving safety. No deep dives into the business model on the side of revenue or market share for driverless taxis. And with Musk’s broken promises — he had said that millions of robotaxis will be ferrying passengers in 2020 — investors went mild instead of wild. First trades at the opening bell in New York on Friday saw Tesla shares drop more than 10%. Was the event mostly razzle-dazzle and lots of glam and glitz? Or was there any real substance behind? Share your thoughts below!by TradingView2525186
TSLA covered call over earnings *again* I've sold $250 and $255 covered calls recently. Obviously huge gap down because of SELL THE NEWS style event... ;-) I really am not concerned. This is a buy the dip opportunity. I am happy to capture the premium from the call sale which is 1% and IF I sell at $255 in two weeks... amazing... :-) by Reallifetrading5
Tesla Opened with a Gap Down: What’s Next?Tesla Opened with a Gap Down: What’s Next? Tesla opened with a significant gap down, indicating a potential further price decline. However, there’s no need to rush into decisions at this moment. The stock may rise again to fill the gap before moving down, as shown on the chart. I expect Tesla to fill the gap near 232.50 - 237.80 before potentially declining further to 186. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Shortby KlejdiCuni9933
THE PLAN IS THE PLAN Like i said before and i will say again im bullish on tesla and after the event im MEGA bullish on tesla As i managed to anticipate the scam dump since yesterday on premarket dont think the market is bearish dont be triggered to think it is, DONT BOTTOM SHORT. We are at the 100 daily EMA and that is MEGA FAIR VALUE for WALLSTREET. This whole dump is to grab retail traders money. BUY NOW while you can. CUP AND HANDLE TARGET IS 400! We are right now on october lowest point and below the value area high and actually at the 3 months POC. i've been covering tesla since around august dont say you didnt know! TSLA MOONINGLongby Captainobvious54549
Tesla, Inc. (TSLA) Also Bearish (Major Correction Ahead!)I could write a thesis explaining why the TSLA stock is set to go down. In this thesis, I could make up all types of explanations supporting my bias, mentioning varied economic factors, global finance, historical market dynamics, politics, military conflict in the middle east and government reports. On the other hand, I can also keep it extremely simple and just show you this chart. Tesla, Inc. (TSLA) produced a high in 11-July 2024. On the 30-September, we have a lower high and today a full red candle showed up. As the lower high for September came in, trading volume has been the lower it has been in years and this is bearish. As this dynamic is playing out on this chart, other major stocks are also moving lower and the DXY has gone bullish. When the DXY goes up, tech stocks go down. ➢ TSLA is about to enter a correction similar to the one produced between July and August 2024, the only difference is that this one will be several times stronger, we are looking at a lower low. Thank you for reading. Namaste.Shortby AlanSantanaUpdated 5757114
Tesla’s Cybercab Reveal Disappoints, Stock Dips 6.48% PremarketTesla’s stock (NASDAQ: NASDAQ:TSLA ) took a sharp dive in premarket trading Friday, dropping over 6% following the much-anticipated reveal of its Cybercab robotaxi concept at the “We, Robot” event. The unveiling, which was expected to be a game-changing moment for Tesla, left investors underwhelmed. This event, highlighting Elon Musk’s vision for autonomous driving, did little to offer short-term growth prospects. Cybercab Unveiling Falls Short Tesla CEO Elon Musk took the stage at Warner Bros. Studios in California on Thursday to reveal the futuristic Cybercab, a sleek, silver two-seater with no steering wheel or pedals, emphasizing the vehicle’s self-driving capabilities. Despite the bold design and its futuristic appeal, analysts were disappointed with the event's content. Musk presented ambitious long-term goals, such as autonomous driving technology making Tesla vehicles available for under $30,000 by 2027. Yet, there was a lack of concrete details on how and when these advances would impact Tesla's bottom line. The event seemed to emphasize the far-off future of Tesla’s autonomous technology, as analysts from Barclays and Morgan Stanley pointed out that no updates were provided on immediate growth opportunities. Tesla didn’t share details on the low-cost model set for 2025 production or any significant progress in its Full Self-Driving (FSD) software. The lack of updates on Tesla’s AI integration, specifically concerning its rumored partnership with Musk’s AI company xAI, also contributed to the overall disappointment. Furthermore, while Tesla's Cybercab aims to revolutionize mass transit, investors were skeptical about its near-term viability. Without tangible manufacturing plans, regulatory approval, or significant technological breakthroughs, fully autonomous vehicles are still years away from becoming mainstream. This added to the frustration among investors who were expecting Tesla to present more immediate growth opportunities. Technical Analysis As of Friday morning, Tesla stock (NASDAQ: NASDAQ:TSLA ) has slumped by 6.31%, signaling a significant bearish sentiment in the market. This decline coincides with the broader disappointment surrounding the Cybercab event and is compounded by technical indicators showing a continuation of the downward trend. The stock is currently trading within a bearish channel, indicating a sustained negative momentum. The Relative Strength Index (RSI) stands at 48, reflecting weak buying interest and suggesting there could be more downside in the near term. A crucial support zone has formed around the $205 price level, where a bearish gap-down pattern has appeared on the daily chart, further supporting the likelihood of Tesla (NASDAQ: NASDAQ:TSLA ) testing this zone. With the lack of bullish catalysts, Tesla (NASDAQ: NASDAQ:TSLA ) shows no signs of a reversal. The $205 level aligns with a significant support pivot, and a break below this could trigger further declines. Investors should remain cautious as technical indicators continue to signal weakness. Bearish Momentum and Market Sentiment Tesla’s stock performance in the first half of 2024 was marred by a steep selloff, and while it has somewhat recovered, the current price action reflects lingering concerns. Analysts at Piper Sandler warned that “pre-event momentum fizzles,” predicting that Tesla shares may continue to face downward pressure in the coming weeks. With no immediate breakthroughs presented at the event, many expect the stock to face continued selling pressure, especially as investors weigh the long-term promises against Tesla’s current performance. Moreover, Morgan Stanley's critique of Musk's failure to position Tesla (NASDAQ: NASDAQ:TSLA ) as an AI-driven company only adds to investor worries. Tesla's AI capabilities, once considered a defining strength, were not sufficiently addressed at the event, leaving investors questioning whether Tesla will retain its leadership in the autonomous driving space. What’s Next for Tesla? Tesla’s financial performance in Q3 2024, set to be announced on October 23, will provide further insight into how the company is faring. With increasing competition from rivals like Google’s Waymo and traditional automakers entering the electric vehicle (EV) and autonomous driving markets, Tesla (NASDAQ: NASDAQ:TSLA ) faces pressure to deliver more immediate results. The stock is hovering near a critical juncture. While there may be some relief rallies, the broader sentiment suggests more downside risk, especially if Tesla cannot provide compelling short-term growth catalysts. Investors should keep a close eye on Tesla’s next moves in the autonomous vehicle space and any updates on its FSD technology as potential triggers for a rebound. For now, Tesla’s Cybercab may have excited visionaries, but it has left investors with more questions than answers.Shortby DEXWireNews4
TESLA Local Long! Buy! Hello,Traders! TESLA is going down now But the pair is trading in an Uptrend so we are bullish Biased and after the stock Retests the horizontal Support of 232.00$ we Will be expecting a Local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals224
my levels to manage risks while trading $TSLA back to $180At Thursday night's "We, Robot" robotaxi event, Elon Musk showcased a $30,000 Cybercab he expects to start production before 2027. He also said he expects "fully autonomous unsupervised full-self driving in California and Texas next year. But he did not offer many specifics on the Cybercab or data pointing to rapid shift to self-driving. There were also little discussion of a ride-hailing service. There had been some speculation that Tesla would seek to launch a ride-hailing service, initially with human drivers.Shortby KhanhC.Hoang222
$TSLA - I will waitNASDAQ:TSLA Tesla's stock is down after the "We, Robot" event. Many people will happily buy, but there is earnings report risk. We know their margin is compressed right now due to rate buy-downs and discounts. I will start accumulating if it drops to the buy area. 👀 As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.by PaperBozz3
RoboTaxi ContinuationIf we lose the 222.16 set of lows very early this morning we can see a continuation back down much closer to where the robo taxi rally began from.Shortby the_mason_3