Tesla Inc (NASDAQ:TSLA) Sell the Rally

Tesla Inc (NASDAQ:TSLA) Sell the Rally

TESLA INC closed up 3.490 at 341.350. Volume was 42% below average (neutral) and Bollinger Bands were 3% narrower than normal.

Open High Low Close Volume___
341.130 342.240 337.372 341.350 4,321,966

Technical Outlook
Short Term: Oversold
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 354.44 348.23 281.72
Volatility: 30 49 43
Volume: 5,062,202 7,977,560 6,206,881

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.


TESLA INC is currently 21.2% above its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of TSLA.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on TSLA.O and have had this outlook for the last 10 periods.


A white body occurred (because prices closed higher than they opened).

During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 20 white candles and 30 black candles for a net of 10 black candles.

A bullish harami occurred (where the current small white body is contained within an unusually large black body). During a downtrend (which appears to be the case with TESLA INC) this pattern implies an end to the decline as the bears appear to have exhausted themselves.

During an uptrend the bullish harami pattern is bearish as the bears appear to be gaining strength as the bulls weaken.

A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).

A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.


Company industry sector
Revenue/Employee (TTM) 566,241 957,595,384 826,476,683
Net Income/Employee (TTM) -56,023 106,713,601 92,491,787
Receivable Turnover (TTM) 31.86 11.06 12.79
Inventory Turnover (TTM) 3.79 8.31 10.65
Asset Turnover (TTM) 0.53 0.68 0.71

Management Effectiveness

Company industry sector
Return on Assets (TTM) -5.26 6.55 6.52
Return on Assets – 5 Yr. Avg. -8.33 8.19 7.99
Return on Investment (TTM) -7.63 11.51 10.69
Return on Investment – 5 Yr. Avg. -12.50 13.71 13.05
Return on Equity (TTM) -20.09 13.45 13.08
Return on Equity – 5 Yr. Avg. -44.12 18.10 16.90

Tesla, Inc., formerly Tesla Motors, Inc., incorporated on July 1, 2003, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, and sales of electric vehicles. The energy generation and storage segment includes the design, manufacture, installation, and sale or lease of stationary energy storage products and solar energy systems to residential and commercial customers, or sale of electricity generated by its solar energy systems to customers.

As of December 31, 2016, the Company produced and sold two fully electric vehicles, the Model S sedan and the Model X sport utility vehicle (SUV). It also offers Model 3, a sedan designed for the mass market. The Company sells vehicles through its own sales and service network. It offers energy storage products, which includes the 14-kilowatt hour (kWh) Powerwall 2 with an integrated inverter for residential applications and the 200 kWh Powerpack 2. It also offers bi-directional inverter for commercial, industrial and utility applications. Model S is a fully electric, four-door, five-adult passenger sedan that offers compelling range and performance with zero tailpipe emissions. It offers performance and all-wheel drive dual motor system options. Model S also includes luxury features, including a 17-inch touch screen driver interface, its autopilot hardware to enable both active safety and convenience features, and over-the-air software updates. Model X is an all-electric production sport utility vehicle, and offers functionality with features, such as its fully electric, all-wheel drive dual motor system and its autopilot system. Model X can seat up to seven adults and incorporates a falcon wing door system for access to the second and third seating rows.

The Company develops energy storage products for use in homes, commercial facilities and utility sites. The applications for these battery systems include the provision of backup power, grid independence, peak demand reduction, demand response, reducing intermittency of renewable generation and wholesale electric market services. The Company’s energy product portfolio includes systems with a range of applications, from use in homes to use in large grid-scale projects. Powerwall 2 is a 14 kWh rechargeable lithium-ion battery designed to store energy at a home or small commercial facility and can be used for self-consumption of solar power generation and as backup power. In addition, it offers a 200 kWh Powerpack system, which can be used by commercial and industrial customers for peak shaving, load shifting, self-consumption of solar generation and demand response. The Powerpack system is a fully integrated energy storage solution that can be used by utilities to smooth and firm the output of renewable power generation sources, provide energy capacity to the grid, defer or eliminate the need to upgrade transmission infrastructure and also provide for a range of grid services for utilities. For grid-scale applications, 200 kWh battery blocks can be grouped together to offer megawatt hours and gigawatt hours installations.

The Company’s components of its solar energy systems include solar panels that convert sunlight into electrical current, inverters that convert the electrical output from the panels to a usable compatible with the electric grid, racking that attaches the solar panels to the roof or ground, electrical hardware that connects the solar energy system to the electric grid and its monitoring device. It also designs and manufactures other system components. The Company offers loans and leases for its vehicles in North America, Europe and Asia primarily through various financial institutions. It also offers financing arrangements directly through its local subsidiaries in certain areas of the United States, Germany, Canada and the United Kingdom.

The Company competes with Audi, BMW, Lexus, Mercedes, Honda, Toyota, Daimler, Nissan, Fiat, Ford, General Motors, Mitsubishi, AES Energy Storage, LG Chem, Samsung, Vivint Solar Inc., Sunrun Inc., Trinity Solar and Sungevity, Inc.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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