Tesla Inc (TSLA)

What is Tesla, Inc (TSLA)?

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. Tesla, Inc. was founded in 2003 and is headquartered in Austin, Texas.

TSLA, is it a good pick?

Tesla (NASDAQ:TSLA) is down 0.90%, but is holding its +$1,000 handle. Tesla was reported to have sold 70,847 China-made vehicles in December to mark its highest monthly tally in the region. On October 20th the company published revenue was $13.76B, which was less than the 14B that had previously been projected. For January 27th, revenues are projected to be $16.23B.

Technical analysis

From Nov 1st to Jan 4th the share price went up 7.79% to a price of $1,207.34. From Jan 4th to Jan 11st the share price dropped -14.1% to a price of $1,046.36. The MACD shows that the lines are crossing, therefore the stock could be down and the RSI shows us that it tried to go up but stayed in the neutral zone, therefore the share price could be down -12.74% to a price of $ 913.01.