Should You Buy Tesla Stock Now in 2020? (Full Earnings Analysis!)

Is now the time to buy Tesla Stock? Quarter 1 earnings were just released Wednesday April 29, 2020 and as a result the share price of Tesla (TSLA) has soared almost 10% after hours!

In this video, I'm going over why their price increased so much, taking a look at their financials, recent earnings, and future outlook. I'll also give my opinions about buying the stock right now or waiting.

Make sure to watch this video until the end, and you'll have a much better understanding of Tesla as a company and why they are so strong. If you want to invest in Tesla, knowing their financials and revenues is essential to curating your own opinion about this risky yet high growth stock. Don't buy based on the volatility and low/high points, buy due to the value that Tesla offers as a company!

⭐ Get 12 Free Stocks on WeBull when you deposit $5 (valued up to $1400):

Tesla's Q1 Earnings report:

Note - I have a personal interest in TSLA stock. My recommendations and insights are just a suggestion - I encourage you to do your own research about each company and make a decision for yourself, whether or not you want to invest in that particular company. This should not constitute financial advise, rather commentary on their Q1 earnings and my own opinions about the company.

Happy stock buying! Now could be a great time for you to start investing. With stocks on sale, you'll get more value for your dollar than if you had invested earlier this year.

Please SHARE this video with a friend who could benefit. And LIKE and subscribe to get more investing tips like this on my channel :) Thank you for stopping by!

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Happy investing!

-Charlie

My recording equipment and favorite books:

#Tesla #Investing #Stocks

Disclaimer: Some of the links above may be affiliate links, which means that if you click on them I may receive a small commission. The retailers and financial services companies pay the commission at no cost to you, and this helps to support our channel and keep our videos free. Thank you!

In addition, I am not a financial advisor. Charlie Chang does not provide tax, legal or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your own due diligence before making any financial decisions.

[businesstycoon]

Some of the best stock analysis on Youtube! Keep doing exactly what you're doing! Every stock analysis video you post seems to come at exactly the right time, right when I'm evaluating if a stock is a buy or hold or when I'm looking into new stock I wasn't familiar with before. Just subscribed!

[alissiahibbert]

I really feel that right now is not the time to buy TSLA stock, they should make it drop so that we can buy more shares!

[VincentChan]

Great analysis. Although I do believe Tesla will provide significant gains long term due to its advanced technology and brand appeal, I think the market value is a bit outlandish right now (greater than GM and Ford combined). Coming from a technical analysis perspective, I believe we're entering the neckline and will see another dip (perhaps a second coronavirus outbreak) before TSLA jumps into the mid 1000s.

[HardikKaufeld]

I think it's important to stick to stocks that are immune to economic policies. AI stocks that have the potential to power and transform future technologies. It seems AI is the trajectory most companies are taking, including even established FAANG companies. Maybe there are other recommendations?

[CharlieChang]

What are your thoughts on Tesla? I know Tesla tends to divide investors, let me know in the comments!! Also, hope you're all having a great week!

[George_Perez]

I see Tesla being in the 3-5K range over the next 5 - 10 years.. factors like them owning about 80% of the US EV market right now, the massive opportunities of entering the Chinese market, and Elon's plan to make uber's obsolete with robotaxis.. if the last one in particular ends up happening which I can see happening in 5+ years, tesla is going to be worth a trillion dollars plus 🔥🚀

[UzTVZone]

Can you make a video showing all the stocks you are investing in please?

[chadchaddchaddd]

Hello! Came here for the Tesla info but What brand is your black shirt?? It looks super nice and simple? I need to add some neutrals to my wardrobe- hope you see this!!

[Dovimitravel]

You'll have an amazing potential with the channel, keep it up 👍
4 am in Abu Dhabi 🇦🇪, come across your channel i was watching your top 10 stocks video as i am relatively new in this, but totally agree with the buying opportunities.
Do you mind if i ask what reliable platforms/websites/apps i can use for buying stocks ?
Thanks

[cassidymorland]

Hello, I'm from the united kingdom and just starting out thinking about investing 1000GBP in tesla when would you recommend is the best time to invest and best method for long term

[Rhinosmith]

I plan to sell half of my shares this time around. Held through the last $900 run and now that idea looks insane to me since I could have sold half, bought back in under $500 and still would have doubled my original number of shares. I averaged $192/share and would rather sell here and buy back than just sit on my initial investment. I need to grow my share count.

[cassidymorland]

can you do live streams weekly investing?

[jensendavenport]

Thanks for another great video stay safe have a great weekend

[udou]

How are feeling now after Elon tweet? Any thoughts.

[raatube]

I'm curious if you are such a Tesla believer why did you sell some stock today at the 700 price range?

[pedrosalazarortega]

I want to buy a stock but I live on Tijuana Mexico just in Borders few Minutes from San Diego. Is there any way to Buy a Tesla stock direct from USA? I mean not to use a Mexican bank as an option or Means.

[nnvasen-good-energy]

A very good analysis, it changed my financial views (technically I think since long that Tesla makes good products).

[hectorgomez]

Quick question and it might be dumb but I wasn’t able to buy USO Options today when will I be able to again l

[MichaelGordonFinance]

I agree that Tesla is one hot stock. The question is when was the proper buy point. Perhaps one should have bought on a Wyckoff buypoint instead of where it is now.

[paulz]

Thank you for the good analysis. (Your comparison to Apple and the iPhone is perfect)

I don’t believe that they promised over 500, 000 vehicles. They choose not to revise guidance until after the 3rd quarter because there is not enough information to either confirm or revise their original guidance at this point.

We will know at the end of July which makes sense (guidance will depend on when they open the Fremont factory).