Tesla stock: buy or sell?

TSLA stock price: $510.50 -0.58% At close on January 17th, 2020

Updated on:
January 17th, 2020

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After topping to all time highs on Tuesday, Tesla declined -0.58% to $510.50. On Monday TSLA skyrocketed an exceptional 8.90%. Friday was the 3rd red session in a row, sliding in full a -5.22%.

Tesla, Inc. designs, develops, manufactures, and sells electric vehicles, and energy generation and storage systems in the United States, China, Norway, and internationally.

Should I buy Tesla stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Tesla stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Tesla stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we detected 15 ratings published for TSLA stock in the last 30 days.

The general sentiment of these ratings is bearish for TSLA stock, with 9 negative ratings.
Is TSLA a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-26Credit Suisse Groupn/aSell
2019-9-26China Renaissance Securitiesn/aBuy
2019-7-3JPMorgan Chase & Co.n/aSell
2019-7-3Goldman Sachs Groupn/aSell
2019-7-25Wedbushn/aHold
2019-7-25Royal Bank of Canadan/aSell
2019-7-25Oppenheimern/aOutperform
2019-7-25Nord/LBn/aSell
2019-7-25Nomuran/aNeutral
2019-7-25JPMorgan Chase & Co.n/aSell
2019-7-25Goldman Sachs Groupn/aSell
2019-7-25CIBCOutperformOutperform
2019-7-25Canaccord GenuityBuyIn-Line
2019-7-25Barclaysn/aUnderweight
2019-7-24Credit Suisse Groupn/aSell

Tesla stock analysis

Daily outlook

Tesla declined -0.58% yesterday to $510.50 after topping to all time highs on Tuesday.

After several days of continuous rises in past weeks, Tesla declined -0.58% to $510.50. Since last November when SMA100d and SMA200d crossed up, TSLA price gained $160.51 per share (45.86%). Since October when TSLA stock price broke up the SMA200d line, it gained $257.00 (101.38%). From a daily perspective, TSLA is in a short term uptrend after plotting its last bottom ($402.08, on December/31) higher than the previous bottom, and its last top ($547.41, on Tuesday) also over the previous top. Now trading in between its last bottom and last top TSLA might consolidate in a plain range, waiting to break out over $547.41 or down under $402.08. On Tuesday, TSLA hit new all time highs, pushing higher previous ATH of $525.63 recorded on Monday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

TSLA stock chart (daily)

Weekly outlook

Shares of Tesla ended this week at $510.50 after reaching a new all time high ($547.41) and boosted a dazzling 6.77%. With this, it's been 5 climbing weeks in a row, soaring a 45.29%.

TSLA shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late November 2019, TSLA climbed unceasignly breaking out to new all time highs. Since mid November 2019 when SMA20w and SMA40w crossed up, TSLA price gained $173.36 per share (51.42%). Since mid October 2019 when TSLA stock price broke up the SMA40w line, it gained $262.61 (105.94%).

TSLA stock chart (weekly)

Tesla stock price history

Tesla stock went public on June 29th, 2010 with a price of $19.001. Since then, TSLA stock grew a 2,586.80%, with an average of 287.40% per year. If you had invested right after TSLA's IPO a $1,000 in Tesla stock in 2010, it would worth $25,868.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Tesla stock historical price chart

TSLA stock reached all-time highs on Tuesday with a price of $547.41.

Tesla stock price target is $234.70

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 15 price forecasts for TSLA stock posted in the last 30 days:
TSLA stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-26Credit Suisse GroupSet Price Targetn/a$189.00-
2019-9-26China Renaissance SecuritiesInitiatesn/a$324.00-
2019-7-3JPMorgan Chase & Co.Set Price Targetn/a$200.00-
2019-7-3Goldman Sachs GroupSet Price Targetn/a$158.00-
2019-7-25WedbushReiteratesn/a$230.00-
2019-7-25Royal Bank of CanadaSet Price Targetn/a$190.00-
2019-7-25OppenheimerLowers Target$437.00$356.00-18.5%
2019-7-25Nord/LBSet Price Targetn/a$200.00-
2019-7-25NomuraLowers Target$300.00$270.00-10%
2019-7-25JPMorgan Chase & Co.Set Price Targetn/a$200.00-
2019-7-25Goldman Sachs GroupSet Price Targetn/a$158.00-
2019-7-25CIBCReiterates$437.00$356.00-18.5%
2019-7-25Canaccord GenuityReiterates$394.00$350.00-11.2%
2019-7-25BarclaysReiteratesn/a$150.00-
2019-7-24Credit Suisse GroupSet Price Targetn/a$189.00-
(in average)$392.00$234.70-40.0%
Moving in a range from $356.00 and $150.00, the price forecast for TSLA stock is $234.70. In average, analysts' outlook on TSLA price forecast is negative, downsizing the prediction by a -40.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on April, Tesla . Unfortunately, reported EPS is not yet available in our database.
TSLA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-2.04n/a
2017-Q32017-11-01-2.29-2.92n/a
2017-Q42018-02-07-3.12-3.04n/a
2018-Q12018-05-02-4.45-4.19n/a
2018-Q22018-08-01-3.73-4.22n/a
2018-Q32018-10-24-1.771.75n/a
2018-Q42019-01-3010.78-22.0%
2019-Q12019-04-300.56n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Tesla annual revenues boosted an exceptional 82.51% to $21,461.30 M USD from $11,758.80 marked in 2017. Similarly, its profit margin (compared to revenues) skyrocketed to -4.55%, that is $-976.09 million.

To have an up to date view of the financial situation of Tesla, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Tesla TTM sales up to March 2019 were $22,593.97 and income was $-968.68 M USD. When comparing this TTM figures with the last reported annuality, we can review Tesla business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, soared a beatiful 5.28%. Instead, profit margin (net income/revenues) remained constant at -4.55%.

TSLA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,010 M-$-74.01 M-3.7%-
2014$3,198 M59.12%$-294.04 M-9.2%297.30%
2015$4,046 M26.50%$-888.66 M-22.0%202.23%
2016$7,000 M73.01%$-674.91 M-9.6%-24.05%
2017$11,759 M67.98%$-1,961.40 M-16.7%190.61%
2018$21,461 M82.51%$-976.09 M-4.5%-50.23%
TTM $22,594 M5.28%$-968.68 M-4.3%-0.76%

Quarterly financial results

Tesla posted $4,541.46 million in revenues for 2019-Q1, a -37.15% decline compared to previous quarter. Reported quarter earnings marked $-702.14 million with a profit margin of -15.46%. Profit margin collapsed a -17.39% compared to previous quarter when profit margin was 1.93%. When comparing turnover to same quarter last year, Tesla sales marked an outstanding growth and rocketed a 33.23%.
TSLA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,790 M-$-336.40 M-12.1%-
2017-Q3$2,980 M6.81%$-619.38 M-20.8%84.12%
2017-Q4$3,288 M10.34%$-675.35 M-20.5%9.04%
2018-Q1$3,409 M3.66%$-709.55 M-20.8%5.06%
2018-Q2$4,002 M17.41%$-717.54 M-17.9%1.13%
2018-Q3$6,824 M70.52%$311.52 M4.6%-143.41%
2018-Q4$7,226 M5.88%$139.48 M1.9%-55.22%
2019-Q1$4,541 M-37.15%$-702.14 M-15.5%-603.38%

Tesla ownership

When you are planning to invest in shares of a company, it's worth to review its ownership structure.

Tesla shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 20.96% of all shares.

In case of Tesla stock, 58.40% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for TSLA stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related stocks:

TSLA
Market cap$92.0 B
Total shares180.2 M
Float shares142.1 M
  - Institutional holdings (%)58.4%
  - Insider holdings (%)21.0%
Shares in short selling0.0%

Tesla summary

Friday, January 17th, 2020
Open$507.61
Close$510.50
Day range$503.16 - $515.67
Previous close$513.49
Session gain-0.58%
Average true range$21.82
50d mov avg$392.01
100d mov avg$322.97
200d mov avg$277.73
Daily patternlt06a
Weekly pattern lb03c

Tesla performance

To better understand Tesla performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Tesla to :
Stock3m6m12m
TSLATesla98.68%97.73%68.89%

Tesla competitors

Unfortunately, we could not find any public company that could be defined as Tesla competitor. This doesn't mean Tesla does not have any competitor in the market, it's just we could not detected it.

    Latest Tesla stock news