Tesla shares are entering a historically weak period, averaging a –2.06% return between 23 July and 1 August over the past decade. Only 22% of trades were winners in this window. With earnings approaching and macro pressures mounting, seasonal headwinds could compound downside risk. Weak deliveries and market share erosion add to the bearish setup.
Over the last 13 years Tesla has seen an average return of 5% between the 22nd of Jan and the 5th of February. After the close on Wednesday Tesla’s earnings will be released. Will we see a surprise upside beat? In 2023 and 2020 Tesla’s share prices gained over 20%.
Teslas earnings are due out after Wednesday's close and there are a number of factors to consider. Teslas market share is around 20% of the global EV market at second, only to the Chinese manufacturer, BYD.
Tesla stock has recently found decent support around the 220 and 230 region. This is in line with the 100 and 200 exponential moving average on the daily chart. However, there is a week seasonal period ahead for Tesla that…
Tesla’s earnings are due out after the close on Wednesday and there is a lot of anxiety around the stock market right now with very few holding a bullish position. Tesla has been embarking on a large cost cutting plan…
Since the high of 2021 Tesla’s share price has dropped over 60% as investors fled rate sensitive tech companies on expectations of tougher financial conditions ahead. The question now is, ‘will the US manage a soft landing’ and potentially be able…
Tesla’s share prices have had their worst ever half year results with a drop of over 30%. Supply chain issues, higher raw material costs, and worries over a global recession have all been weighing on Tesla’s stock prices over the…
Elon Musk is the charismatic CEO of Tesla and he has been sending out some mixed messages recently. Last Saturday Mr Musk tweeted that Tesla’s total workforce will increase over the next 12 months and the salaried levels would remain…
Dear Investor, Seasonality is not just driven by fundamentals: emotions and calendar seasons also have a significant influence on stock prices. Especially when the calendar changes from summer to fall, the mood of investors tends to change as well. With…
