Bullish Case: Tesla's AI advancements and expansion into mass-market EVs signal growth potential. Its robust delivery figures counteract short-term competition threats, positioning for sustained growth.


Bearish Case: Intensifying competition, particularly from Polestar and Xiaomi, along with slowing economic growth and concerns over software issues cast shadows on Tesla's market dominance.


Potential Outcomes:

1) Strong EV deliveries continue, stock recovers short-term, reflecting high demand (45%).

2) Competitive price pressures persist, testing profitability and sales (30%).

3) Technical or regulatory issues slow growth (25%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


March 29, 2024


Tesla Forecast

TSLA        Tesla
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with TSLA



JOBY Forecast + Options Trading Strategies   [JOBY]  Joby Aviation (0.89)


IONQ Forecast + Options Trading Strategies   [IONQ]  IonQ (0.82)


EXPI Forecast + Options Trading Strategies   [EXPI]  eXp World (0.79)


EFC Forecast + Options Trading Strategies   [EFC]  Ellington Financial (0.78)


CAR Forecast + Options Trading Strategies   [CAR]  Avis Budget (0.78)



Uncorrelated Stock Forecasts

Assets with little price relationship to TSLA



AAOI Forecast + Options Trading Strategies   [AAOI]  Applied Optoelectronics (0.0)


VEEV Forecast + Options Trading Strategies   [VEEV]  Veeva Systems (-0.0)


VNQ Forecast + Options Trading Strategies   [VNQ]  Vanguard Real Estate Index (0.0)


OGN Forecast + Options Trading Strategies   [OGN]  Organon (-0.0)


DHR Forecast + Options Trading Strategies   [DHR]  Danaher (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against TSLA



GLD Forecast + Options Trading Strategies   [GLD]  SPDR Gold Shares (-0.63)


NKTX Forecast + Options Trading Strategies   [NKTX]  Nkarta (-0.65)


UGL Forecast + Options Trading Strategies   [UGL]  ProShares Ultra Gold (-0.65)


DIS Forecast + Options Trading Strategies   [DIS]  Walt Disney (-0.66)


TGT Forecast + Options Trading Strategies   [TGT]  Target (-0.66)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!