Tesla Inc. ($TSLA) Stock Forecast: Up 5.7% Today

What is Tesla Inc.?

A renowned electric vehicle maker, Tesla (TSLA), is led by visionary entrepreneur Elon Musk. The company is known for its innovative technology and disruptive approach to the automotive industry.

Why is Tesla Inc. going up?

TSLA stock is up 5.7% on Sep 19, 2024 19:39

• Tesla's stock experienced a strong bullish movement today, likely driven by several factors:
• NIO hiring ex-Tesla store managers, which could indicate Tesla's strong influence in the EV market, boosting investor confidence in the company's leadership and brand.
• The anticipation surrounding Tesla's potential reveal of wireless charging technology at the upcoming robotaxi event, sparking investor excitement and optimism about future growth prospects.
• The overall positive sentiment in the market, as indicated by the premarket session's buoyancy, likely contributed to the bullish movement in Tesla's stock.
• The comparison between Tesla and Ford's EV features, with Ford adding karaoke (a popular Tesla feature) to select models, highlighting Tesla's leading position in the EV market and driving investor interest in the company.

TSLA Price Chart

TSLA News

China's NIO Says 40% Of Its Store Managers Are Ex-Tesla - Tesla ( NASDAQ:TSLA ) , NIO ( NYSE:NIO )

NIO Inc. NIO shares are trading higher on Thursday. Nio's Onvo currently has 180 store managers in China, with 40% hailing from Tesla, Inc. TSLA and 27% from Li Auto LI, according to Xia Qinghua, head of Onvo's user and service operations, CnEV Post reports.

https://www.benzinga.com/markets/equities/24/09/40946478/chinas-nio-says-40-of-its-store-managers-are-ex-tesla

Tesla Has Wireless Charging Patent: Will Elon Musk Reveal New EV Technology At Robotaxi Event? - Tesla ( NASDAQ:TSLA )

Tesla Inc TSLA is no stranger to patents when it comes to the electric vehicle sector. A new patent for wireless charging is currently making the rounds. The automaker could highlight the tech at its highly-anticipated robotaxi event on Oct. 10.

https://www.benzinga.com/news/24/09/40946232/tesla-has-wireless-charging-patent-will-elon-musk-reveal-new-ev-technology-at-robotaxi-event

Why Tesla Stock Is Rallying About 3% Higher In Thursday's Premarket - Tesla ( NASDAQ:TSLA )

Shares of electric vehicle maker Tesla, Inc. TSLA advanced strongly in the premarket session on Thursday. The upside is in line with the buoyancy shown by the index futures, which are up sharply early Thursday.

https://www.benzinga.com/markets/equities/24/09/40937424/why-tesla-stock-is-rallying-about-3-higher-in-thursdays-premarket

Tesla Bull Explains Why Elon Musk's xAI Is Critical To EV Maker's Autonomous Ambitions - Tesla ( NASDAQ:TSLA )

A Tesla, Inc. TSLA bull on Wednesday weighed in on the relationship between the electric-vehicle company led by Elon Musk and the billionaire's artificial intelligence company xAI. The Tesla Analyst: Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310 price target for Tesla ...

https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40932786/tesla-bull-explains-why-elon-musks-xai-is-critical-to-ev-makers-autonomous-ambition

Ford EVs 'Creating Joy' With Built-In Karaoke, Add Popular Tesla Feature To Select Models - Ford Motor ( NYSE:F )

Owners of select Ford Motor Company F electric vehicles will soon be able to take part in karaoke battles inside their EVs, with the auto giant adding a key feature that has been a staple in Tesla Inc TSLA electric vehicles for several years.

https://www.benzinga.com/news/24/09/40920761/ford-evs-creating-joy-with-built-in-karaoke-add-popular-tesla-feature-to-select-models

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Tesla Inc. Price History

22.07.2024 - TSLA Stock was down 5.0%

• Tesla faced a bearish movement as BMW overtook it in European EV sales for the first time, indicating increased competition in the market.
• The EU imposing a 9% tariff on Tesla's China-made electric cars could negatively impact Tesla's stock, adding to the challenges faced in the international market.
• The recall of nearly 9,100 Model X SUVs due to a potential issue with roof trim pieces might raise concerns among investors about Tesla's quality control and production processes.
• Despite these challenges, investors are closely monitoring Tesla's stock post-earnings report, looking for clues on its future performance in the market.

06.08.2024 - TSLA Stock was down 5.0%

• Today's bearish movement in Tesla's stock could be linked to moderated expectations about the company's Robotaxi Day, prompting investors to review their perspectives on the stock.
• Criticisms from the Future Fund managing partner concerning Tesla's management of the press and negative media coverage may have contributed to the pessimistic sentiments surrounding the stock.
• The increase in Ford's EV sales, notably due to the F-150 Lightning, might have adversely affected Tesla's stock, leading investors to reconsider Tesla's standing in the EV market.
• Economist Paul Krugman's concerns regarding federal efficiency plans involving Elon Musk and possible risks to government programs such as Medicare and Social Security may have brought a level of uncertainty to Tesla's stock performance.

06.08.2024 - TSLA Stock was down 5.4%

• Tesla stock experienced a bearish movement likely due to concerns raised by Future Fund managing partner Gary Black regarding the company's handling of press and media coverage.
• The delay in the Full Self-Driving (FSD) system rollout, pushing it to the first quarter of 2025, may have also contributed to the negative sentiment surrounding Tesla's stock.
• Despite Ford's strong EV sales surge driven by the F-150 Lightning, Tesla's market performance might have been overshadowed by these positive developments in the EV sector.
• Elon Musk's unconventional ventures, such as the Cybertruck serving pizza, while intriguing, may not have been sufficient to offset the overall bearish trend in Tesla's stock price.

05.08.2024 - TSLA Stock was up 5.1%

• The bullish movement in TSLA stock today can be attributed to several factors:
• The unveiling of the Cybertruck's new feature of serving pizza, showcasing Tesla's versatility and creativity in utilizing its vehicles for various purposes.
• Despite delays in the Full Self-Driving (FSD) system rollout, investors remain optimistic about Tesla's advancements in autonomous driving technology.
• Criticism from a Tesla bear regarding the FSD China release timeline may have sparked debate but did not deter investors' confidence in the company's long-term prospects.
• Despite a sales slump in Britain, Tesla's stock continues to show strength, possibly driven by overall positive sentiment towards the EV sector and Tesla's position within it.

05.08.2024 - TSLA Stock was up 6.0%

• Tesla's positive movement could be linked to plans to launch its "Full Self Driving" (FSD) product in Europe and China early next year, illustrating the company's advancements in the autonomous driving sector.
• Despite a delay in the FSD system's release in China, Tesla's stock has held firm, possibly as investors focus on the company's long-term growth rather than short-term challenges.
• Criticism from GLJ Research CEO on Tesla's FSD timeline may have led to some stock price fluctuations, but overall market sentiment appears upbeat on Tesla's technological progress.
• The increase in EV registrations in Britain and BYD's strong sales growth indicate growing competition in the EV market. However, Tesla's robust brand and global presence continue to bolster investor confidence in the company's future prospects.

19.08.2024 - TSLA Stock was up 5.1%

• Tesla's stock saw a 3% increase during today's premarket session, aligning with the positive market movement.
• The uptrend in Tesla's stock price may be linked to a Tesla enthusiast highlighting the significance of Elon Musk's xAI in the company's autonomous aspirations, fostering investor confidence in Tesla's future outlook.
• Furthermore, the adoption of a popular Tesla feature by Ford in its electric vehicles might have underscored Tesla's dominance in the EV sector, contributing to the rise in Tesla's stock value.
• Despite minor concerns expressed by a Tesla Cybertruck lead engineer regarding the use of extension cords on superchargers, the favorable news and market sentiment held more sway than any potential adverse effects on Tesla's stock performance.

12.08.2024 - TSLA Stock was up 5.0%

• Tesla's bullish movement today could be attributed to various factors:
• The successful lab test results of Worksport's COR portable energy system, which acts as a range extender for Tesla electric vehicles, may have boosted investor confidence in Tesla's technology and potential for innovation.
• Despite Lucid Group's CEO stating they are not ready to compete with Tesla's Cybertruck in the electric pickup truck segment, the focus on SUVs by Lucid might have reaffirmed Tesla's position as a leader in the EV market.
• The comparison between BLBD and TSLA as value stocks might have highlighted Tesla's strong market position and growth potential, attracting investors to the stock.
• Overall, Tesla's performance today, outperforming the market, could be a reflection of its strong brand presence, technological advancements, and investor optimism in the EV sector.

19.08.2024 - TSLA Stock was up 5.7%

• Tesla's stock experienced a strong bullish movement today, likely driven by several factors:
• NIO hiring ex-Tesla store managers, which could indicate Tesla's strong influence in the EV market, boosting investor confidence in the company's leadership and brand.
• The anticipation surrounding Tesla's potential reveal of wireless charging technology at the upcoming robotaxi event, sparking investor excitement and optimism about future growth prospects.
• The overall positive sentiment in the market, as indicated by the premarket session's buoyancy, likely contributed to the bullish movement in Tesla's stock.
• The comparison between Tesla and Ford's EV features, with Ford adding karaoke (a popular Tesla feature) to select models, highlighting Tesla's leading position in the EV market and driving investor interest in the company.

13.07.2024 - TSLA Stock was up 5.3%

• TSLA stock surged 5% following a conversation between Elon Musk and former President Donald Trump, where they discussed union-busting remarks and business strategies, potentially boosting investor confidence in Tesla's future.
• The news of Tesla potentially opening a 1950s-style diner added a quirky touch to the company's image, showcasing Elon Musk's eccentric yet captivating vision for the brand.
• Despite criticism from Uber's CEO regarding Tesla's RoboTaxi plans, the suggestion of a possible partnership hinted at collaboration opportunities, which could have positively influenced market sentiment towards Tesla.
• The recusal of a Texas judge in a case involving Tesla stock ownership added a minor legal intrigue but did not significantly impact the bullish trend of TSLA stock.

15.07.2024 - TSLA Stock was up 5.7%

• Tesla stock surged 5.77% to $213 on Thursday, outperforming the market.
• The bullish movement can be attributed to stronger-than-expected retail sales data, indicating increased consumer demand and confidence.
• The overall positive sentiment in the market, driven by resilient consumer spending and easing recession fears, also contributed to Tesla's upward momentum.
• The enthusiasm surrounding Tesla's advancements in AI technology further fueled investor optimism, propelling the stock to its highest value in almost two weeks.

15.07.2024 - TSLA Stock was up 5.6%

• The recent Delaware Supreme Court ruling in favor of Dell Technologies shareholders has possibly boosted investor confidence in tech companies, including Tesla, leading to increased buying activity.
• Despite market volatility this month, the interest of small investors in purchasing Tesla stock might have played a role in the bullish movement.
• Concerns about Elon Musk's financial situation at X potentially liquidating more stock might have been overshadowed by positive developments such as Tesla's Supercharger network surpassing competition in customer satisfaction, further reinforcing the bullish trend.
• Positive real-life accounts, like the Missouri contractor saving money with his Tesla Cybertruck, could have also influenced positive sentiment among investors, contributing to the increase in Tesla's stock price.

15.07.2024 - TSLA Stock was up 6.7%

• Tesla's stock experienced a strong bullish movement, rising by 4% to $213, amidst a broader market uptrend.
• The surge in Tesla's stock price can be attributed to stronger-than-expected retail sales data, indicating increased consumer demand and confidence in the market.
• Despite concerns about competition and slowing sales growth, Tesla's performance today reflects positive sentiment towards the company's future prospects in the EV space.
• The overall bullish market sentiment, driven by resilient consumer spending and easing recession fears, further supported Tesla's upward trajectory, showcasing investor optimism in the company's potential for growth.