Tesla's stock faces potential sell-off pressure following a bearish 'sell' rating from J.P. Morgan, predicting a 60% decline, as the company currently experiences a 30% drop from its all-time high. However, investor confidence remains buoyed by significant new registrations in Germany, inflows of $256 million, and a strong anticipation for upcoming innovations and the SpaceX IPO. Meanwhile, UBS has shifted their rating from sell to neutral, suggesting a tighter risk-reward scenario for investors.
“Cramer said that the rating from the analyst could trigger people to sell off Tesla 'to buy SpaceX.' The analyst also predicted a 60% decline in Tesla’s stock value.”
“Tesla stock price remains on edge today, April 8, down by 30% from its all-time high.”
“Still, there is a possibility that the TSLA shares will rebound, possibly to the all-time high as retail investors buy the dip ahead of the SpaceX IPO later this year.”
“The report revealed that the stock has experienced $256 million in inflows in the last five days.”
“New Tesla registrations in Germany jumped by 315% to 9,252.”
“Tesla's vertical integration boosts its own margins more than it dents NVDA's broader market.”
“if we get another push to the upside, $290.11 going into today's session or into the afternoon is where I'd be looking to play Tesla for a short.”
“surge in the price action of in of Tesla. I did not enter this trade and now all of a sudden it's having this parabolic move.”
“your next level of resistance is going to be right here. Prior gap in the charts, as you can see, was additional resistance level at one point at $292.78. Above that, your next level resistance is going to be this prior gap in the charts, as you can see, was support a bunch of different times and or resistance. And so, $3971.”
“Tesla also advancing their AI chip roadmap with that A15 design.”
“• Tesla Terafab (new partnership with Intel as well) • Cybercab production is ramping”
“given that most people watching this channel are Tesla investors and probably at least half of them are also interested in the SpaceX IPO.”
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