Tesla (TSLA) Stock Price

Financial Performance

Tesla's revenue has decreased by -24.8% from the previous quarter and by -23.2% year over year, indicating a downward trend in sales. The gross profit and operating income have also seen significant decreases of -24.6% and -74.8% respectively from the previous quarter, suggesting that Tesla has been less efficient at converting raw materials into income-producing goods and managing its operating costs. The EBITDA ratio of 0.11 is relatively low, which may suggest the company is having issues with profitability.

Stock Price

The stock price is up by 0.8% in the last month, showing some growth potential despite a turbulent market environment. However, it's critical to note that Tesla's PE ratio stands high at 195.04, indicating that investors are paying quite a bit for each dollar of earnings when compared to other companies in the industry.

Alternative Data Signals

Website traffic trends show a decrease of -11.2%, implying less interest or engagement from consumers online while app downloads have increased significantly by 32%. This could signify an increasing reliance on mobile platforms for their services or products among customers.
Despite these mixed signals from digital channels, employee sentiment seems neutral with no change reported in business outlook over the past month.
On social media platforms such as Twitter and Instagram, there has been an increase in followership which can be indicative of growing brand popularity or heightened investor interest.

Conclusion

In summary, Tesla’s financial performance shows signs of struggle with declining revenues and profits but there are positive indicators like rising stock price and increasing app downloads that suggest potential for future growth making this analysis somewhat neutral.

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 $435.9, will... Sign up to access price prediction.