Wall Street Bets: Tesla Expected to Rise, LoanDepot to Decline Pre-Bell Friday

The article discusses the performance of stocks on WallStreetBets, with Tesla expected to advance and LoanDepot expected to decline. Tesla designs and sells electric vehicles, with a significant portion of its net sales coming from automotive vehicle sales. The company has manufacturing sites in the US, China, and Germany, with a global net sales distribution of 48.9% in the US, 21.4% in China, and 29.7% in other countries.

Investors on WallStreetBets are closely monitoring the performance of Tesla Inc. (TSLA) and loanDepot Inc. (LDI), with differing expectations for the near future. Analysts predict a potential rise in Tesla's stock, while loanDepot's stock may see a decline.

Tesla Inc., the leading electric vehicle (EV) manufacturer, is expected to see an increase in its stock price. Gary Black, managing director of The Future Fund LLC, shared his outlook on Tesla's stock performance. He predicts that TSLA stock will continue rising through the third quarter before declining in the fourth quarter. Black highlighted the stock's performance and mentioned that he is reluctant to buy TSLA amid the rally. He expects the stock to rise between now and September 30 due to the anticipated delivery beat in the third quarter. However, he also predicts a 10%-12% decline in deliveries during the fourth quarter, citing the new, more affordable model falling short of expectations Gary Black Says Tesla Stock Will Go 'Higher' — Predicts Decline In Q4: 'We Expect TSLA...'^[1].

Meanwhile, loanDepot Inc., a diversified financial services company, has seen a significant increase in its stock price over the past month. The company has filed a Shelf Registration for just under $25 million of its Class A Common Stock, linked to its Employee Stock Ownership Plan. This move may indicate an attempt to shore up capital or rebalance employee incentives. Despite this news, the share price has climbed a hefty 117% in the past month, pushing the yearly gain up to about 60%. The surge in stock price may reflect a market correction or a shift in expectations about the company's future performance. Analysts project that the current share price is well above its estimated fair value, suggesting that the stock may be overvalued. However, the actual performance of the stock will depend on factors such as future margins, growth, and the impact of regulatory changes Evaluating loanDepot (LDI) Valuation Following Shelf Registration Linked to Employee Stock Ownership Plan^[2].

The electric vehicle aftermarket (EVA) is also expected to grow significantly in the coming years. A recent report by ResearchAndMarkets.com predicts that the EVA market will evolve from a USD 97.98 billion industry in 2024 to an anticipated USD 309.08 billion by 2030. This growth is driven by technological innovations, shifting consumer expectations, and regulatory changes. The report highlights the importance of technological integration, consumer preferences, and regulatory impact in shaping the EVA landscape Electric Vehicle Aftermarket (EVA) Industry Analysis and Growth Forecast 2025-2030: Exploring Components, Services, Channels, and Vehicle Types^[3].

In conclusion, while Tesla's stock is expected to rise in the near term, loanDepot's stock may see a decline. The electric vehicle aftermarket is poised for substantial growth, driven by technological advancements and regulatory changes. Investors should carefully consider these factors when making investment decisions.