CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Tesla

Market Opportunities - 13/05/2022

13 May, 2022

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible opportunity for profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

Tesla (#TSLA) weekly uptrend opportunity based On 1 Lot Calculation:

GLOBAL EV MARKETS:

  • ELECTRIC VEHICLES (EV) MAKE ONLY AROUND 9.0% OF TOTAL CAR SALES, WORTH 66.7 MILLION CARS IN 2021: The total global car market grew just 4.5% in 2021, by around 66.7 million cars. In 2020, the world sold around 63.8 million cars. The estimates say that around 6.5 million electric vehicles (EVs) were sold worldwide in 2021, up 109% from 2020. EV sales represent around 9% of all passenger car sales in 2021. The EV sector increased its market share from 4.11% in 2021 to around 9.00% off the global car sales.

  • MARKET POTENTIAL: ELECTRIC VEHICLES (EV) ARE EXPECTED TO TAKE UP AROUND 50% OF GLOBAL CAR SALES BY 2030. The 2021 figures of 287.36 billion dollars are an increase of around 76% from 2020’s 160.01 billion dollars. Expecting this number to grow to 823.75 billion dollars, the EV market should be growing annually on average by 18.6%.

CHINA EV MARKETS:

  • CHINA LEADS THE WAY (2021): EV MAKES AROUND 13% OF THE CAR MARKET IN CHINA, UP FROM 3.5% IN 2020: More than half of the total electric vehicles (EVs) sold worldwide last year (including plug-in hybrids) went to buyers in China. China led global EV growth in 2021 as sales nearly tripled (UP 277%) to 3.4 million (from 0.9 million in 2020). Total number of cars sold in 2021 in China was 26.28 million, and EV made around 13% of the market.

  • MARKET SHARE CHINA: Tesla is the largest EV company in China, holding some 14% of the markets, followed by GM’s Wulling (~11.8%) and BYD (~10%).

  • ELECTRIC VEHICLES IN CHINA ARE EXPECTED TO TAKE UP 40% OF CHINA’S CAR SALES BY 2030. Total car sales are expected to grow to 38 million in 2030, while around 15 million (or 40%) will be Electric Vehicles.

TESLA:

  • THE COMPANY: Tesla Inc. designs, manufactures, and sells high-performance electric vehicles and electric vehicle powertrain components. Tesla sells more than five fully electric cars, including the new Model Y, the Model S sedan and the Model X SUV, and the Model 3 sedan, which is among the world's top-selling electric cars.

  • TESLA MADE 14.40% OF THE GLOBAL EV MARKET IN 2021. Tesla delivered 936,222 vehicles in 2021, while globally 6.5 million electric vehicles were sold.

  • TESLA IS EXPECTED TO MAKE 26% OF THE GLOBAL EV MARKET BY 2025 (UP FROM 14.40% IN 2021). Revenue outlook rises from 2021’s $53.82 billion to $150.433 billion in 2025 per year (increase of 179%).

  • TESLA CAR SALES TO GROW ON AVERAGE BY 32.40% ANNUALLY BETWEEN 2021 AND 2025. Tesla delivered 936,222 vehicles in 2021, and that number is expected to jump to at least 2,802,146 in 2025.

EVENTS AND ANALYSIS:

  • EVENT: STOCK SPLIT (AUGUST 4, 2022). The shareholders are expected to meet on August 4, 2022 and approve the split. A stock split tends to have a positive impact on the stock price. After the first stock split in 2020, the stock rose 13.25% the very first day of the announcement (August 11, 2020). From August 11 to August 31 (when the split took effect), the stock went up by 61.18% to test back then a fresh all time high of $2317.98 a share.

  • EVENT: TESLA DEBT (CREDIT) RATING TO BE UPGRADED TO INVESTMENT GRADE FROM NON- INVESTMENT GRADE. Once this is confirmed by the credit rating agencies such as the S&P 500 credit rating agency, more fund managers will become eligible to buy the Tesla stock.

  • EVENT: TESLA STARTS TAKING ORDERS FOR SEMI-TRUCK: Tesla has announced that it will be taking orders for its new Semi-Truck. The truck will sell for $150,000, which is the average price for traditional semi trucks. The reservation price is $20,000. Tesla also highlighted that running costs of the truck are half of the cost of running traditional diesel trucks.

  • ANALYSTS OPINIONS: Goldman Sachs forecasts $1200 a share. Wedbush analyst Dan Ives raised Tesla’s Price Target to $1,400. Morgan Stanley forecasts $1300. Deutsche Bank forecasts $1250. Credit Suisse’s forecast is $1125 a share. Bank of America raised the Tesla Price Target from $1,100 to $1,300.

#TSLA, May 13, 2022
Current Price: 725.00

Tesla

Weekly

Trend direction

UP

Resistance 3

1075

Resistance 2

970

Resistance 1

890

Support 1

600

Support 2

540

Support 3

500

Example of calculation based on weekly trend direction for 1 Lot1

Tesla

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

350,000.00

245,000.00

165,000.00

-125,000.00

-185,000.00

-225,000.00

Profit or loss in €2

318,651.10

223,055.77

150,221.23

-113,803.97

-168,429.87

-204,847.14

Profit or loss in £2

265,121.39

185,584.97

124,985.80

-94,686.21

-140,135.59

-170,435.18

Profit or loss in C$2

439,432.00

307,602.40

207,160.80

-156,940.00

-232,271.20

-282,492.00

1. 1.00 lot is equivalent of 1000 units

2. Calculations for exchange rate used as of 09:50 (GMT+1) 13/05/2022

Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Client Manager regarding their use.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one

  • Trailing stop technique can protect the profit – Ask your Client Manager for more detail

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