Tesla Motors, Inc. (TSLA) Stock Technical Analysis May 8, 2014

The following is technical analysis on Tesla Motors, Inc. (TSLA) stock for May 8, 2014

Tesla Motors, Inc. (TSLA) Resistance, pivot &  Support Levels – 5/8/2014

Resistance levels:  
Pivot point:  
Support levels: 
Paid Membership  Membership Access.

Share of Tesla Motors, Inc. (TSLA) trading over $187 ah .Tesla (TSLA) will have resistance at $200-$205.Now with support between $!70-$$175 which short term buy but long term buy will be under $200 which is 200 ema area. All about earning next stock will go where go downside support will be $170 and upside will be $240 My Membership people know when  buy and sell option or stock in daily basis which very good profitable trade last few weeks in call and put side or stock buy or short side.

Here is earning report:

Tesla's deliveries, spending to ramp in Q2

• Tesla (TSLA) produced 7,535 Model S units in Q1, up from Q4's 6,587 and above guidance of 7,400. The company delivered 6,457 units, slightly above guidance of 6,400 but below Q4's 6,892.
• Tesla expects to produce 8.5K-9K Model S units in Q2, and to deliver 7,500. Leases are only expected to account for ~200 deliveries due to lead times.
• Gross margin was 25.4%, +20 bps Q/Q in spite of a $2M reserve for underbody shield retrofits. GM is expected to improve slightly Q/Q in Q2, and to reach 28% in Q4.
• SG&A spend rose 150% Y/Y to $117.6M, R&D spend rose 17% Q/Q and 48% Y/Y to $81.5M. SG&A is expected to grow 15% Q/Q, and R&D 30%.
• Operating cash flow was $61M, and capex totaled $141M. The full-year capex forecast is still at $650M-$850M.
• The company expects to be "marginally profitable" in Q2; the EPS consensus is at $0.27. Full-year free cash flow is expected to be slightly negative.
• Shares -4.9% AH
• Q1 results, shareholder letter (.pdf)

Technical Analysis Stock Charts: Charts Below
Daily chart


For more Technical Analysis -Go Here 

For the latest updates on the stock market, visit, 
http://daytradingstock-blog.blogspot.com