Tesla (TSLA) Stock Price

Financial Performance

Tesla's revenue remained static last quarter at $25.7B, with a gross profit of $4.2B, showing no change from the previous quarter but down by -8.7% YoY. The operating income was also unchanged from the previous quarter, standing at $1.6B and marking a decrease of -1.4% YoY. The EBITDA ratio for the last quarter was 0.05.

Stock Price

The current trading price for Tesla's stock is $247.55, experiencing a slight drop of -1% in the past month. The RSI value stands at 46.1 indicating that the stock is neither overbought nor oversold while the stock's 200-day moving average is above the current price at $290.88 suggesting bearish sentiment in recent months.

Alternative Data Signals

Website traffic trends show an increase of 22.3% MoM but are down by -21.8% YoY with estimated visitors per month being around 28131502 . Mobile app downloads have shown a significant increase both MoM and YoY with daily downloads estimated to be around 691497 times per day which could indicate increasing interest or usage among consumers . Job openings remain constant from last month at about 4000 positions but employee business outlook seems neutral with approximately half (52%) expressing positive sentiments.

Social Media Presence

Tesla has a strong social media presence with Twitter followers up by14 .3 % in last three months reaching almost24 million , while Instagram followers have increased slightly by0 .9 % reaching close to10 million . This shows sustained interest and engagement from their online audience.

Conclusion

Despite the static revenue and decrease in gross profit, Tesla's robust social media presence, significant increase in app downloads and steady website traffic suggest a neutral outlook for its stock. The 200-day moving average being above the current price indicates bearish sentiment but the RSI value suggests the stock is currently not overbought or oversold.

Note: This AI Stock Analysis is based on data as of April 16. 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 $241.4, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.