- summary:
- Noise or value? The price of the Tesla shares continues to rise, two days after reporting a quarterly quarterly profits than expected. Is it logical?
The price of the Tesla shares returned to the upper direction on Friday, as it rose by 3 % to trade at $ 412 in the first hour of trading. EV Maker’s quarterly profit report is injectable, with 5.5 % gains this year until this writing. Ironically, he remained awake despite the loss of unanimity expectations.
Tesla’s revenues for the quarter ended in December 2024 amounted to $ 25.71 billion, much less than the expected number of $ 27.26 billion. Its profits for the share (EPS) reached 73 cents, which is less than the expected number of 76 cents. However, despite soft profits, investors have been optimistic, DRIVRN by the tone of Tesla Elusk CEO in relation to the company’s independent driving prospects.
Musk was modest in his view of Tesla (NASDAQ: TSLA) in 2025, describing it as general for its basic work for exceptional revenues in 2026, 2027 and 2028. To surprise the close history of the commercial test of robotics and its human robot, Optimus.
The full Tesla roboti (FSD) will strike on experimental methods starting in June 2025, in Austin, Texas. In addition, the startup will be expanded to more cities in the United States by the end of the year. Analysts initially estimated that the FSD test will come in 2026.
By providing history, the company gave investors a reason for optimism, as this means a shorter transformation of a new revenue flow. Musk was more upward on Optimus, saying it could reach stores early from H1 2026. This feeling puts the price of the Tesla share for the continuous rising arrangement in 2025.
Tesla’s share price predicts
Pivot: The price of the Tesla shares prevails at $ 408, and the upward trend will prevail if the procedure remains above this level.
Resistance: The price of TSLA is likely to pay at the first barrier at $ 419. However, the strongest momentum will break down this level and potentially test $ 425.
Support: The first support is likely to be at $ 397. Moreover, the collapse under this level will nullify the bullish narration. Also, this momentum can pay the shares less and possibly test $ 390.
