What is Teslas price prediction for tomorrow

**Tesla's price prediction for tomorrow is not conclusive.** Here's an analysis based on various indicators: 1. **Short-term Trend**: Tesla's short-term debt has been increasing, with the latest figure at $2.26 billion. This could indicate financial strain, which might affect the stock price negatively. |Ticker|Name|Short-term Debt|Date|code|market_code| |---|---|---|---|---|---| |TSLA.O|Tesla|1.457E9|2022 Q3|TSLA|185| |TSLA.O|Tesla|1.502E9|2022 Q4|TSLA|185| |TSLA.O|Tesla|1.404E9|2023 Q1|TSLA|185| |TSLA.O|Tesla|1.459E9|2023 Q2|TSLA|185| |TSLA.O|Tesla|1.967E9|2023 Q3|TSLA|185| |TSLA.O|Tesla|2.373E9|2023 Q4|TSLA|185| |TSLA.O|Tesla|2.461E9|2024 Q1|TSLA|185| |TSLA.O|Tesla|2.264E9|2024 Q2|TSLA|185| 2. **Moving Averages**: The 5-day moving average is $222.26, the 10-day is $226.53, and the 20-day is $238.96. The fact that the shorter-term moving averages are below the longer-term averages suggests a bearish trend. |Ticker|Name|5-Day Moving Average|20-Day Moving Average|10-Day Moving Average|Date|code|market_code| |---|---|---|---|---|---|---|---| |TSLA.O|Tesla|222.2640|238.9585|226.5250|20240802|TSLA|185| 3. **Recent Performance**: Tesla's stock has experienced a significant decline, with a 1-week percentage change of -5.52% and a 1-month percentage change of -15.71%. This indicates a recent trend of selling pressure. |Ticker|Name|Interval Percentage Change|Date|code|market_code| |---|---|---|---|---|---| |TSLA.O|Tesla|-15.714923495271723|20240705-20240802|TSLA|185| |TSLA.O|Tesla|-5.518653321201103|20240729-20240802|TSLA|185| 4. **Analyst Ratings and Price Targets**: The average price target is $213.92, with a high forecast of $310.00 and a low forecast of $115.00. This average price target represents a -13.17% change from the last price of $246.38. The disparity in price targets suggests significant uncertainty among analysts. 5. **Technical Indicators**: According to one forecast, Tesla's stock is expected to drop by -20.54% and reach $172.28 per share by August 6, 2024. Another forecast suggests the stock could rise 40.81% during the next 3 months, which is a more bullish outlook. 6. **Market Sentiment**: The stock holds sell signals from both short and long-term moving averages, indicating a negative sentiment. However, the recommendation to hold a price between $292.42 and $402.70 at the end of the 3-month period suggests a potential for recovery. In conclusion, while there are signs of bearishness in the short term, such as the recent decline and negative moving averages, there is also a potential for a rebound, as indicated by some analyst price targets and the forecast of a rise in the next 3 months. The overall sentiment seems to be cautious, with a slight lean towards negative.