Tesla (TSLA) Stock Price

Financial Performance

Tesla's recent financial performance shows a downward trend. Revenue for the last quarter was reported at $19.3B, marking a -24.8% decline from the previous quarter and a -23.2% decline year over year. Gross profit also decreased by -24.6% from the previous quarter and -36.9% YoY to $3.2B, indicating less efficiency in generating profit from direct costs such as production costs. Operating income declined significantly by -74.8% QoQ and -85.3% YoY to $399M, suggesting that Tesla is having trouble managing its operating costs or generating sufficient revenue to cover them.

Stock Price

The stock price is currently at $315.35 which is down by -3.1%. The RSI value of 46 indicates that the stock is neither oversold nor overbought while it's trading near its 200-day moving average of $314, pointing towards a neutral market sentiment around Tesla's shares.

Alternative Data Signals

Tesla’s website traffic stands at an estimated 25367728 visitors per month, showing minor growth MoM but declining YoY (-3%). Mobile app downloads have seen an exponential increase recently (3759% MoM and 3331% YoY) which could indicate heightened interest in their products or services but this needs further investigation to confirm its impact on revenues or profits.
Job postings are down significantly (-33%MOM/-50%YOY), possibly indicating cost-cutting measures or slower expansion plans.
Employee business outlook remains neutral with no changes from the previous month while social media following has grown particularly on Twitter (+12%) which may contribute positively to brand awareness and reputation.

Conclusion

Based on the analysis, the outlook for Tesla's stock is neutral. While there are some positive signals from alternative data such as increased app downloads and social media following, these are offset by significant declines in key financial metrics and a decrease in job postings which suggest potential challenges ahead for the company.

Note: This AI Stock Analysis is based on data as of July 05. 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 $297.8, 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.