Tesla (NASDAQ: TSLA) aims to end the year on a high note, riding on solid fundamentals driven by the company’s new product launches. This is despite being impacted by a slowdown in demand for electric vehicles (EVs) earlier in the year.
Indeed, this new product line is considered key in 2025, and it has the potential to positively influence investor interest.
As things stand, TSLA is looking to establish its price above $220. By press time, Tesla was trading at $219, having dropped less than 1% in the last 24 hours.
However, Tesla continues to experience the fallout from the Robotaxi event on the weekly chart, with the share price down 8%.
Tesla’s big secret for 2025
Despite 2024’s volatility, Tesla’s 2025 fundamentals are poised to drive stock growth. A key strategy is launching affordable models in early 2025, making EVs accessible to a broader audience.
By leveraging its next-gen platform and current technology, Tesla seeks to avoid costly factory retooling and produce these models alongside its existing lineup. For investors, this signals mass-market adoption and potential revenue growth.
Additionally, Tesla’s efficient, scalable production, targeting over 50% growth without new manufacturing lines, reduces capital expenditure risks and supports steady earnings, even in an uncertain economy.
In the coming year, the Elon Musk-led company is also expected to offer a glimpse of its advancements in autonomous driving. According to Musk, fully autonomous self-driving technology will roll out in 2025 for the Model 3 and Model Y, targeting California and Texas.
This will allow the company to showcase its Full Self-Driving (FSD) technology. Notably, some analysts maintain that for Tesla to convince investors of Cybercab’s potential success, the firm must demonstrate FSD in its current fleet.
“If they’re going to eventually get to robotaxis, they first need to have success with the unsupervised FSD at the current lineup,” said Seth Goldstein, equity strategist at Morningstar Research.
One of the concerns after the Robotaxi launch was the company’s lack of a clear roadmap for the FSD technology. In this case, the utilization of the system currently will be crucial in quelling concerns among investors, whose uncertainty was reflected in the movement of the TSLA share price. Particularly, in the aftermath of the event, the share price plunged after investors were left unimpressed by the event.
TSLA’s technical outlook
Looking at Tesla’s next technical outlook, some analysts suggest the stock has more upside in the coming weeks.
In this regard, a stock market analyst, pseudonymously known as Greg, indicated in an X post on October 15 that the stock is currently showcasing a reverse head-and-shoulders pattern, often considered a bullish reversal signal in technical analysis. This formation suggests a potential rally toward the $300 mark.
The expert highlighted the distinct structures of the left, head, and right shoulder. The analyst views a breakout of this pattern, with prices pushing higher, as an indicator that the stock might soon retest previous highs around the $300 level. Interestingly, some analysts had anticipated that the $300 mark might be attained in October.
Source: https://finbold.com/heres-tesla-tsla-big-secret-for-2025/