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Tesla Stock Forecast & Price Prediction for 2021, 2022-2025, and Beyond


Tesla stock (NASDAQ:TSLA) has been on fire for a long time. Its share price rose by 695% during 2020, making Elon Musk the richest person in the world.  The Tesla Motors stock value is included on major US indices, such as NASDAQ and the S&P 500 Index.

Tesla is the undisputed leader in electric vehicles (EVs) anyway. It remains to be seen whether this will still be the case in the coming years in a market where many other brands are also strongly producing their own EVs. One thing is certain: electric cars are the future and a fast-growing segment of car sales, which is evident from the Tesla share forecast. 

The article covers the following subjects:

The ticker symbol “TSLA” stock is slated to become the most talked-about stock of 2021 and perhaps also in 2022. TSLA is probably the most pressed symbol on any investment platform. The Tesla share price forecast has risen so much that some investors are afraid of heights. Is this right? Or are they just missing an opportunity out of a thousand? We’ll take a look at it in this Tesla stock price prediction and financial outlook.

A Short History of Tesla

Tesla first went public in 2010, offering its 13.3 million Tesla shares for just $17 per share. Now here’s the fact; at the time of writing this post (February 14, 2021), Tesla’s stock is valued at over $800! This represents an increase of about 50x in a short period of time of just 10 years! With a market cap of approximately $800 billion, there is no doubt that Tesla is the world’s largest automaker by value, even outperforming giant premium brands such as Toyota and General Motors.

While the entire world suffered from the economic effects of COVID-19, Tesla reported a sharp 71% increase in vehicle production in the fourth quarter compared to the same quarter last year. Most people thought Tesla’s goal of producing 500,000 vehicles by 2020 was nearly impossible. The California carmaker almost managed to reach its target by producing 499,647 cars by 2020.

2021 doesn’t seem to be so positive for Tesla stocks. Although the shares reached an all-time high on January 26, 2021, when the closing price was $883.09, since then the price is only declining. The stock has decreased by over 10% year-to-date in the first half of 2021. For example, the S&P 500 index is up by more than 15%, Ford has increased by around 80%  and GM rose  by 50%. The current price of Tesla stock (NASDAQ:TSLA) is $734.20. 

The decline is caused by a change in investor sentiment. They re-invest funds from high-growth stocks into value and cyclical stocks due to the signs of economic reopening. 

However, the company does everything possible to push its stock price. For example, Tesla plans to grow aggressively, expanding deliveries by more than 50% each year over a multi-year horizon. Production facilities in Berlin and Texas, expected to be open by the end of  2021 or at the beginning of 2022, and the introduction of the Cybertruck, Tesla’s new pickup, are likely to boost near-term growth.  

Tesla Stock Price Today

On the chart below you can always track the current price, updated online. Also, it’s possible to do technical analysis, using various indicators (for instance, stock trading volume) and tools that will save you time.  

Tesla Stock Forecast: Price Predictions by Experts

According to the 12-month price forecast based on opinions of 26 analysts, the average projection is $650.92, maximum forecast is $1,200.00, and minimum forecast is $137.00. 

As for analyst recommendations, 8 analysts out of 28 still recommend strong buy, 3 analysts are for buy, 14 analysts are not sure about the future price direction and recommend holding stocks, 1 expert gives advice to sell, and 2 analysts are for strong sell. 

Ryan Brinkman, JP Morgan

Ryan Brinkman at JP Morgan kept the strong sell rating but raised the price target to $160 from $155. This prediction is very pessimistic for Tesla shares.

Patrick Hummel, UBS

Patrick Hummel at UBS is also negative about Tesla’s future price. Although he targets a price of $660, it’s below the previous forecast of $730, the rating is to hold. 

Jed Dorsheimer, Canaccord Genuity

Jed Dorsheimer at Canaccord Genuity is more optimistic about estimated stock growth. Although the average price target was set below the previous forecast ($812 vs. $974), the analyst maintains a strong buy rating.

Colin Langan, Wells Fargo

Colin Langan at Wells Fargo says to hold the stocks and sees the price at $590.00 this year.

Dan Levy at Credit Suisse

Dan Levy at Credit Suisse sets the expected price at $800, but says to hold the stocks. Thus, Tesla stocks may be not the best investment. 

Some even think that these predictions may ultimately be conservative. There were many doubts when Tesla announced last year that it wanted to deliver half a million vehicles. By 2020, the company had produced 509,727 vehicles and delivered 499,550. It just barely missed its somewhat daring prognosis. 

In conjunction with its recent earnings report, Tesla communicated the following: “Over the next few years, we expect an average annual growth of 50% in terms of vehicle delivery. In some years, we can grow faster, which is expected to be the case in 2021.” If that forecast gets even close to reality, the Tesla stock forecast could go much higher.

No share rose in value as much in 2020 as Tesla’s did. CEO Elon R. Musk did not do any harm. Thanks to his Tesla shares, he can now call himself the richest man in the world.

Tesla Stock Technical Analysis

Let’s start a technical analysis of Tesla stocks by examining the monthly prediction chart to determine the general market sentiment.

 

There has been a bullish trend on the TSLA chart since May 2010. Tesla projected growth potential was confirmed by rising trading activity until February last year.

Since the spring of 2020, the trading volumes for TSLA stocks began to fall sharply, and the price chart has been showing the sideways since the beginning of 2021. It should be noted that the uptrend line has not been broken out and there are chance for further growth.

Hence, we can conclude that the market is currently in a state of uncertainty. At the same time, future Tesla rate decline is as likely as possible growth due to a sharp decline in buyers’ activity. A breakout of the blue trend line and the support level around 540 dollars will confirm the future price decline. 900 USD serves as the strongest resistance level for the bulls. Its breakout will be a very important signal for buyers.

TSLA stock forecast for next three months

It is more convenient to make a Tesla stock forecast for the next three months on the daily timeframe.

Let’s conduct a more in-depth Tesla analysis. 5 zones can be designated on the technical chart after imposing a grid of Fibonacci channels on the price movement vector and dividing the entire trend lifecycle into several conditional phases:

  • Zone 1 is where the local bullish trend starts and ends.

  • Zone 2 and 4 are consolidation phases.

  • Zone 3 is an area of ​​dynamic development. Tesla projected stock price is extremely high here. The price seems to slip through this zone.

  • Zone 5 consists of the overbought zone and ​​bullish trend highs.

At the moment, a tension can be observed on the border between the first and second zones.

MACD curves are located close to the zero zone, and the angle of their movement is minimal. At the same time, Tesla price history chart shows divergence in relation to the rising price, which indicates a weakening bullish potential. 

With a high probability, buyers will not be able to stay above 725 USD and there will be a return to the first zone. Thus, Tesla future value may be stuck in the price range of 650 – 750 USD. 

This situation will not last long. Already at the end of November, an exit from the triangle may occur, which can serve as a trigger for larger-scale movements.

Monthly Tesla price forecast for 2021/2022

To make realistic Tesla stock predictions for the next twelve months, let’s study Tesla trend changes and draw projections for each month using Bollinger Bands.

In the price chart above, the orange squares depict the projected value of TSLA shares for each period.

According to the three-month forecast, bullish impulse can occur already in November with a transition to the second zone. Until the end of the year, TSLA shares may test the all-time high around 900 USD. The range between 900 USD and 1000 USD is extremely complex from the point of view of market psychology. If the pressure from buyers persists, consolidation is likely to occur within 5-6 months at the indicated levels.

If support from the global trend continues, then in the second quarter the bulls will be ready to break through new highs. There may be an exit from the second zone with a quick transition to the third, which will become a consolidation zone for a new cycle of the bullish trend development. The target of this scenario is in the range of 1200 – 1300 USD with the implementation period until the end of 2022.

The table below provides more specific minimum and maximum values of expected TSLA trading range for each month.

Month

TSLA Price

Minimum

Maximum

August

  2021

615

725

September

  2021

630

750

October

  2021

680

875

November

2021

770

895

December

2021

795

905

January 

2022

790

885

February

2022

800

885

March

2022

820

960

April

2022

915

1160

May

2022

1110

1285

June

2022

1200

1325

July

  2022

1190

1300

Long-term TSLA trading plan

Let’s draw up the optimal long-term trading strategy for Tesla stocks for the next year based on the technical analysis.

Before making deals, I recommend waiting for the price rebound from the trend line. It is reasonable to enter a long (buy) trade after the chart crosses the psychological level of 700 USD, near which one of the nearest local maximums is located. The approximate price level at which it is worth entering the market is marked with a blue line.

It is profitable to place the stop loss below the trend line and move it up with the development of the global trend. A relatively safe place for stop loss is below 600 USD. If you intend to trade on relatively short periods, then the probable target will be 870 USD, which is just below the resistance level of 900 USD.

Do not exit long-term trades until a signal for a trend reversal appears, as there is a good chance to update maximums and reach the 1300 USD zone within the next 12 months.

TSLA technical analysis is presented by Mikhail Hypov.

Tesla Stock Price Forecast: 2022 – 2023

If analysts’ predictions for 2021 come true, the bullish trend for Tesla stock will resume in 2022. According to Wallet investor’s Tesla stock predictions, the opening price for January 2022 is $811.157, the closing price for December is $1104.490. Volatility will be low as the maximum difference between the minimum and maximum prices is around $36. 

In 2023 the uptrend is expected to continue. Starting the year at $1,109.960, the price will move up to $1,403.440. Volatility will also be low. 

Date

Opening price

Closing price

Minimum price

Maximum price

2022

January 2022

811.157

845.199

811.157

845.199

February 2022

845.961

852.251

845.961

853.059

March 2022

852.238

864.445

851.181

864.445

April 2022

864.911

893.060

864.911

893.903

May 2022

893.771

905.150

891.880

905.150

June 2022

906.510

936.821

906.510

936.821

July 2022

937.497

960.502

937.497

960.611

August 2022

963.326

996.558

963.326

996.558

September 2022

996.828

1015.290

996.828

1015.290

October 2022

1018.270

1036.200

1018.270

1036.200

November 2022

1036.860

1072.340

1036.860

1072.340

December 2022

1073.230

1104.490

1073.230

1104.490

2023

January 2023

1109.960

1145.940

1109.960

1145.940

February 2023

1146.950

1153.190

1146.950

1153.940

March 2023

1153.420

1164.300

1152.090

1164.300

April 2023

1168.640

1193.730

1168.640

1194.370

May 2023

1194.680

1206.050

1192.640

1206.050

June 2023

1206.630

1236.610

1206.630

1236.610

July 2023

1241.470

1263.230

1241.470

1263.230

August 2023

1264.050

1296.750

1264.050

1296.750

September 2023

1296.780

1315.210

1296.780

1315.210

October 2023

1318.170

1336.970

1318.170

1336.970

November 2023

1337.880

1372.370

1337.880

1372.370

December 2023

1373.030

1403.440

1373.030

1403.440

Source: Wallet Investor

The Economy Forecast Agency is not so optimistic about the next year. The price will also rise, but more slowly. The closing price for December 2022 is $1,213. Still, 2023 seems to be more promising for Tesla stocks, according to the source. Although the website provides forecasts only for the first seven months of 2023, the projected stock price for the end of July is 1,630 US dollars.

Year

Month

Min Value

Max Value

Close Price

2022

Jan

695

783

739

2022

Feb

729

823

776

2022

Mar

766

864

815

2022

Apr

805

907

856

2022

May

837

943

890

2022

Jun

851

959

905

2022

Jul

893

1007

950

2022

Aug

938

1058

998

2022

Sep

985

1111

1048

2022

Oct

1034

1166

1100

2022

Nov

1086

1224

1155

2022

Dec

1140

1286

1213

2023

Jan

1170

1320

1245

2023

Feb

1229

1385

1307

2023

Mar

1290

1454

1372

2023

Apr

1355

1527

1441

2023

May

1422

1604

1513

2023

Jun

1488

1678

1583

2023

Jul

1532

1728

1630

Source: The Economy Forecast Agency 

Long-Term Tesla stock Price Prediction: 2025-2030

The next five years could bring a significant increase to Musk’s business. According to Wallet Investor, at the beginning of 2025, the opening price will be $1,711.230; by the end of the year, it will cross the $2,000 threshold. The closing price of December is $2,010.080. Volatility will stay in the usual range. The source provides the prediction only for the first seven months of 2026. The opening price as of January 2026 is $2,011.210, the closing price for December is 2,148.220 US dollars.

Date

Opening price

Closing price

Minimum price

Maximum price

2025

January 2025

1711.230

1747.120

1711.230

1747.120

February 2025

1749.820

1753.980

1749.820

1755.570

March 2025

1754.480

1767.280

1753.610

1767.280

April 2025

1768.540

1796.760

1768.540

1796.760

May 2025

1796.280

1806.050

1794.440

1806.050

June 2025

1809.880

1839.710

1809.880

1839.710

July 2025

1841.170

1865.210

1841.170

1865.210

August 2025

1865.270

1896.550

1865.270

1896.550

September 2025

1899.560

1918.810

1899.560

1918.810

October 2025

1919.870

1938.090

1919.870

1938.220

November 2025

1940.710

1971.210

1940.710

1971.210

December 2025

1976.110

2010.080

1976.110

2010.080

2026

January 2026

2011.210

2047.070

2011.210

2047.070

February 2026

2049.870

2054.930

2049.870

2056.320

March 2026

2055.400

2067.910

2054.440

2067.910

April 2026

2069.400

2097.140

2069.400

2097.550

May 2026

2096.420

2105.590

2095.430

2105.590

June 2026

2109.440

2140.280

2109.440

2140.280

July 2026

2141.990

2148.220

2141.990

2148.220

Source: Wallet Investor

Coin Price Forecast is more optimistic about the future of Tesla shares. However, the outlook was reviewed significantly. The source doesn’t expect the stock rate to skyrocket to $10,000. The change in the projection is based on the weak stock performance in the first half of 2021. 

At the beginning of 2025, the price will be near $2,000 ($1,934). By the year’s end the rate will reach $2,367. In the middle of 2027, the price will cross a psychological level of $3,000. By the end of 2030, the price will be at $3,650. Although the growth in value is not significant, a small uptrend is better than a downtrend.

Year

Mid-Year

Year-End

2021

$678

$805

2022

$851

$1,031

2023

$1,263

$1,490

2024

$1,714

$1,934

2025

$2,152

$2,367

2026

$2,580

$2,791

2027

$3,000

$3,208

2028

$3,274

$3,343

2029

$3,415

$3,490

2030

$3,568

$3,650

Source: Coin Price Forecast

Billionaire investor Ron Baron believes Tesla, Inc (the company) could be worth $1.5 trillion by 2030.

Please note that such long-term forecasts are very approximate, are considered speculation, and are never reliable investment advice, as they are updated on a daily basis.

How Has the Price of Tesla stock Changed Over Time?

In order for analysts to make a realistic and reliable Tesla stock prediction, it’s essential to look back at how the commodity performed during the previous years of its existence. Below is a NASDAQ chart that shows how the Tesla stock value has changed since the company was founded. Notice the major price explosion around 2020!

 

As the most significant price fluctuations started in 2020, we will consider the events that affected the price from 2020 to 2021. 

In February 2020, the price rallied over 100% since the beginning of the year. However, there were no specific factors that should have boosted the price to such highs. In January, the company reported strong quarterly earnings data. As a result, stocks increased 13% in after-hours trading.

Another factor that could have pushed the price up was price targets set by analysts. For example, when Argus Research updated its price target to $808 on February 3, the stock rate skyrocketed 19%. Shares also reacted to the opinion of billionaire investor Ron Baron who claimedTesla’s revenue could reach $1 trillion in the next decade. In the end, the shares jumped 13%.

After the coronavirus came into effect, the stocks lost value. The price was again below $100. However, the downtrend soon ended . The robust bullish trend lasted from the beginning of April until September 1. 

On August 31, the company held a 5-to-1 split. As a result, the closing price reached its then highest level of $498.32. However, on September 8,Tesla shares suffered their largest loss since going public. The plunge could be caused by the news that the S & P 500 index didn’t include Tesla stocks in the index. The market was shocked. From then until the middle of December 2020, the stocks traded sideways. 

In the new year Tesla stocks started with a new high. As a result, Tesla Inc. became the world’s most valuable carmaker. On January 26, the shares set an all-time high of $883.09. 

The rally finished in the beginning of February. Analysts named several reasons. Firstly, the company had a weak earnings report. Critics considered it as proof that the company couldn’t make money building and selling cars. Increased competition could become the second reason for the stock decline. Tesla’s competitors set ambitious targets for EV sales. The third reason may be hidden in the case with its cheapest version of its Model Y and its best-selling Model 3 cars. The company cut their price by $2,000 each. In a week, the “standard range” version of the Model Y disappeared from Tesla’s site. The company didn’t provide comments. 

Since the beginning of March, the price has been moving sideways without significant ups and downs. 

Factors That Can Affect the Tesla Stock Price

The price of a share mainly depends on the attitude of the investors to the issuing company. Among the most important factors that will influence a stock’s price are expectations about the company’s results. The demand for Tesla shares on the stock exchange depends on the analysts’ predictions about the company’s profit (or loss).

A company can also increase its value in the market through the assets it owns. Just think of, for example, a patent, a real estate portfolio, a sales exclusivity. Innovation also plays an important role in the success of a company.

Stock market predictions and prices are also influenced by the level and expected evolution of interest rates. After all, at low interest rates, investors will dare to take more risks to obtain higher returns and find their way to the stock exchange more easily.

The sector in which a company operates is also a factor that can cause its price to fluctuate. A healthy company in a sector in difficulty will be negatively impacted by the image of the sector on the market. We are thinking here of the financial values ​​that have become much less credible after the crisis in 2008. And the value of Tesla shares on the stock exchange can also rise or fall due to a radical change that the sector is experiencing. A new product that is released or new habits that consumers adopt are factors that can determine the evolution of a share’s value. Another great opportunity is the consolidation of a sector. A company that acquires other companies in the same sector can establish itself as a market leader and occupy a dominant position there.

In a broader context, the general evolution of the markets can increase or decrease the value of a security. In gloomy markets, as we have known them during the financial crises of 2008 and 2011, even healthy and promising values ​​were sucked into a downward spiral when there was fundamentally nothing wrong with them. In periods of euphoria, the entire market takes part in the increase without being economically justified.

Major economic and political trends can also trigger panic or calm on the stock market and sweep an entire market up or down due to favorable or troubling macroeconomic fundamental occurrences. A country’s fiscal, budgetary and especially monetary measures are more likely to reassure or worry investors.

Consumer habits can also play a role in the potential evolution of a stock price, as with the Tesla stock prediction. Some opportunities are cyclical. Certain sectors that have had to implement restructuring can get out of a cycle of less growth due to more consolidation. Other opportunities are more structural. This is the case, for example, for companies active in education. As emerging countries transition from a predominantly agricultural culture to an industrial and service economy, there is a structural need to improve the educational system. There may then be a strong demand for these companies on the stock exchange.

Some companies are also more sensitive than others to the evolution of the currency. A company that derives a large part of its turnover from exports will experience a rise or fall in the currencies on its turnover, profitability, and stock market price.

As we can see, the stock market price will therefore depend on internal factors: balance sheet structure, profitability, earnings expectations, the share of turnover in exports, capacity to innovate, position in the market relative to competitors, assets. But this evolution will also depend on external factors: the political and macroeconomic situation, as well as the evolution and the perception of the sector in which the company operates. All these factors must, therefore, be correctly approached and analyzed by the investor.

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What Is the Future Price of Tesla Stocks? Are Tesla Stocks a Good Investment?

Tesla was one of the few companies operating in 2020 that managed to make significant profits in these crazy pandemic times. In January 2021, CEO Elon Musk became the richest man in the world and even surpassed Amazon’s CEO Jeff Bezos! The Palo-Alto, California-based electric vehicle manufacturer is a huge brand in today’s world. The company specializes in manufacturing “future cars” that do not require gasoline or diesel to run.

The ride for Tesla, Inc shareholders appears to be getting more comfortable as the company continues to make a profit and even increase its earnings quarter after quarter. Tesla has grown into the largest producer of high-tech cars in the world. Anyone dealing with the industry in one way or another knows the name of the company. If it continues like this with Tesla, there is no doubt that its shareholders will make huge profits in the future. So, what is the Tesla (TSLA) stock forecast? Below is a Tesla Inc. price prediction table for 2021-2030:

Year

Mid-Year

Year-End

2021

$678

$805

2022

$851

$1,031

2023

$1,263

$1,490

2024

$1,714

$1,934

2025

$2,152

$2,367

2026

$2,580

$2,791

2027

$3,000

$3,208

2028

$3,274

$3,343

2029

$3,415

$3,490

2030

$3,568

$3,650

Source: Coin Price Forecast

During the frenzied pandemic times of 2020, it is nearly impossible to believe that while other companies struggled to stay in the market, Tesla’s stock rose nearly 700%! This means that if you had invested $10,000 in Tesla in 2019, your investment would have become over 80,000 by 2021! It sounds crazy, right? Well, these numbers are nothing yet. The company says it plans to increase its production by nearly 50% in 2021.

Such an increase means that shareholders get even more profit from Tesla shares. The company generated a whopping $31.5 billion in total revenue in 2020, which was more than enough to push its total value above $800 billion. Having numbers like that means the company has tremendous potential to take on Apple and Google as it aims to hit $1 trillion very soon!

However, buying Tesla stock now may not be the best decision. The weak trend at the beginning of the year and low analyst forecasts make us think about waiting for the end of 2021. If you’re wondering “should I invest in Tesla?”. It’s worth considering stock trading. Do it with a reputable exchange/broker. A good example of this is LiteForex. A great reason to create a free demo account on LiteForex! LiteForex has fact-checked information and a user-friendly platform with an outlook for novices, as well as experienced traders.

Tesla Stock Prediction FAQs

Disclaimer: The information in this article is not written for advisory purposes, nor is it intended to recommend investments. Investing involves risks and is no guarantee. You can lose (part of) your investment. We advise you to only invest in financial instruments that match your knowledge and experience. 

Price chart of TSLA in real time mode

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.

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