Tesla Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products. It operates primarily in the United States, China, Norway and internationally.
Our Proprietary Trading System indicates the following:
The Long Term Trend is currently Bullish
The Medium Term Trend is currently Bullish
The Short Term Trend is currently Bullish
The Micro Trend is current Bullish
Our Model also indicates a bullish bias for the medium term with some possibility of a correction to $652.42
The latest closing stock price for Tesla as of December 31, 2020 was $705.67.
The all-time high Tesla stock closing price was $705.67 on December 31, 2020.
The Tesla 52-week high stock price is $718.72, which is 1.8% above the current share price.
The Tesla 52-week low stock price is $70.10, which is 90.1% below the current share price.
The average Tesla stock price for the last 52 weeks is $291.61.
We will maintain our bullish bias as long as the price action is above $509.05
Tesla’s fair value (According to Global Financial Engineering Valuation Model) is $416.23 with a future price projection of $1248.69
Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the stocks they discuss. The information and content are subject to change without notice.