TSLA Stock Forecast: Overcoming Adversity– A Rose From Concrete

Anastasia MakuyevThis TSLA Stock Forecast article was written by Anastasia Makuyev – Quantitative Analyst at I Know First.

Summary

  • Tesla's quarterly revenue data reveals a seasonal trend. The company generates the highest profits during the third and fourth quarters, possibly due to increased holiday season car sales.
  • The electric vehicle industry is witnessing significant growth. While Tesla, as an industry leader, will face increasing competition, it is expected to maintain its position and drive innovation. Tesla's plans involve rapidly growing production, reducing costs and increasing software-related profits.
  • Employing a machine learning algorithm, we conducted a time series analysis to predict Tesla (TSLA) stock price movement. The algorithm suggests that TSLA is poised for a rapid climb in the short term, potentially reaching a price target of $324.49 within a year.

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TSLA Stock forecast: Tesla Chaos Driving Growth in 2022

Opher Joseph This TSLA Stock Forecast article was written by Opher Joseph – Financial Analyst, I Know First.

Summary:

  • It grew its revenue and net profit by 73% and 665%, respectively, and expanded free cash flow by 80% to $5 billion.
  • Tesla plant in China is expected to be partly operational on April 18th, 2022.
  • Tesla is working on a “Dojo” program to train its Autopilot for more successful driving.

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Tesla Stock Forecast: Transforming the Future

This article was written by Talia Shakhnovsky, a Financial Analyst at I Know First

Tesla Stock Forecast: Transforming the Future

“There is not a demand problem. Sales have far exceeded production…We have a decent shot at a record quarter on every level”
– Elon Musk, Tesla CEO at 6/11/2019 Annual Shareholder Meeting

Summary:

  • Despite decreasing vehicle sales, global demand for electric vehicles is growing; Tesla is attempting to enter the global market by building a Gigafactory in China.
  • From the first quarter of 2018 to the first quarter of 2019, Tesla’s revenue grew by 32.23%, surpassing automotive industry revenue (-1.61%). Tesla’s expected annual growth of 68% also exceeds the auto industry’s expected growth of 22%.
  • At Tesla’s annual shareholder conference, CEO Elon Musk discussed continuing demand, Tesla’s acquisition of battery company Maxwell Technologies, and the new semi pickup truck among other developing technological advances like fully autonomous vehicles.
  • Tesla’s financial statement supports a long term bullish outlook, with a potential June 2020 share-price of $333.

TESLA Logo – Source: Wikimedia

Current Automotive Market Trends Overview

The bull market of today is the longest period of uninterrupted gains in American history. While the Federal Reserve is unlikely to cut interest rates at the moment, it has signaled that it is open

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Tesla Stock Predictions: Tesla’s Growth Still Has A long Way To Go

namanNaman Shukla is an Analyst at I Know First. He writes and invests in the stock market. Ranked in the top 8 percentile in TipRanks.com. Featured on SeekingAlpha.com, GuruFocus.com, Valuewalk.com among others.

Tesla Stock Predictions: Summary

  • Tesla’s autonomous car prospects will reap great rewards.TSLA
  • Model 3 will sky-rocket the company’s sales
  • I Know First is bullish for the mid and long term

 

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