Tesla (TSLA) Stock Price

Financial Performance

Tesla's revenue was reported at $19.3B in the last quarter, marking a decrease of -24.8% from the previous quarter and -23.2% year over year. The gross profit stood at $3.2B, showing a decline by -24.6% from the previous quarter and down by -36.9% year over year. Operating income profit was $399M, which is down by -74.8% from the preceding quarter and down by -85.3% YoY, indicating some financial challenges for the company in terms of profitability.

Stock Price

The stock price is currently trading at $425.85, with an increase of 28.8% in the last month and up 70.3% YoY, suggesting strong investor confidence in Tesla's performance and future growth prospects despite its recent financial results.The PE ratio stands high at 200.87 reflecting investors' willingness to pay high amounts per dollar of earnings given their expectations of future growth.

Technical Indicators

The RSI value is currently at a relatively high level of 82.8 indicating that it might be overbought territory whereas its 200-day moving average stands at $333.52 which indicates positive long-term momentum as current price is above this level.

Alternative Data Signals

In terms of alternative data signals, website traffic has seen a slight decrease but mobile app downloads have remained stable indicating steady customer interest while job postings have increased significantly indicating expansion plans or replacement hiring needs are on rise which could signify potential growth for Tesla in near future.

Social Media Followers & Business Outlook

With a sizeable and growing social media following on both Twitter and Instagram, Tesla's brand continues to be strong. The business outlook among employees remains neutral with 54% reporting positive sentiments.

Conclusion

In conclusion, despite some financial challenges in the recent quarter, the stock performance, technical indicators, alternative data signals and social media following suggest a bullish sentiment towards Tesla's stock.

Note: This AI Stock Analysis is based on data as of September 23. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Tesla (TSLA), currently trading at $431.9, will... Sign up to access price prediction.