Tesla (TSLA, $263.91 ) Is Rolling Out A Cheaper Model 3 - Its Latest Strategy To Increase Market Share?
Tesla CEO Elon Musk announced a new lower priced version of Model 3. With a starting price of $45,000, the new version of the electric car is less expensive than the previously cheapest Model 3 whose starting price was $49,000. The mid-range battery of the new version can last 260 miles on a single charge. The long range battery can last 310 miles, but are priced at $54,000 or more.
The standard battery model of Tesla car, which is expected to go about 200 miles on a charge (starting price $35,000), won't be available for four to six more months. The delay is reportedly because Tesla still needs to raise more cash before it can roll out these cars. The company has indicated that it expects to become profitable in third and fourth quarters in 2018.
TSLA in +0.63% Uptrend, growing for three consecutive days on March 10, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where TSLA advanced for three days, in of 329 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 48 cases where TSLA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for TSLA just turned positive on March 10, 2026. Looking at past instances where TSLA's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
TSLA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 23, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on TSLA as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TSLA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for TSLA entered a downward trend on March 10, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TSLA’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TSLA’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (18.215) is normal, around the industry mean (4.030). P/E Ratio (369.148) is within average values for comparable stocks, (286.315). TSLA's Projected Growth (PEG Ratio) (5.584) is very high in comparison to the industry average of (1.846). TSLA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.046). P/S Ratio (14.837) is also within normal values, averaging (11.626).
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General Information
a manufacturer of electric sports cars
Industry MotorVehicles
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