It’s finally official–the S&P Dow Jones Indices has announced Tesla is set to join the S&P 500 on December 21, 2020. “Tesla Inc. will be added to the S&P 500 effective prior to the open of trading on Monday, December 21 to coincide with the December quarterly rebalance,” explained a press release from the S&P Down Jones […]
Tesla (TSLA) has certainly been busy lately, with three different factories being built on three different continents, the recent release of its full self-driving beta, the announcement of new battery designs, and the Cybertruck set to be released in 2021 – and yet, the company still has more plans in the works. In a 10-Q […]
Tesla (TSLA) has had an overall impressive year, and it’s showing on both the investor and the earnings fronts. According to Market Watch, Tesla’s blowout Q3 earnings united bulls and bears on Thursday, even amidst skepticism regarding the stock’s valuation, as well the quality of the beat persisted. The California electric vehicle (EV) manufacturer exceeded […]
Tesla (TSLA) has had a busy few months, and it’s expected to release its Q3 earnings next week. On Monday, S&P Global Ratings raised its debt ratings on Tesla from B+ to BB-, according to Market Watch. This places the company just two notches away from an investment-grade rating. Tesla stocks (TSLA) rose 2% on Monday […]
According to Bloomberg, David Blitzer, former chair of the committee that decides which stocks are admitted to the S&P Dow Jones Indices, has said that Tesla’s induction into the index may take some time, even though the electric vehicle company more than meets the usual criteria for admission. After an immensely successful Q2 that came as […]
Tesla’s global influence shouldn’t be surprising. However, the electric vehicle (EV) giant has had a major impact on whole industries in the past, and now it’s being evaluated for its role in mining a metal which is common throughout the world. At its Battery Day event on Tuesday, Tesla (TSLA) announced it would work towards […]
According to Yahoo Finance, on Wednesday, the day after automaker Tesla (TSLA) shared its plan to cut the cost of batteries in half at its Battery Day event, the stocks of battery makers LG Chem Ltd (OTC: LGCLF) and Panasonic (OTC: PCRFY) fell 4.5% and 4%, respectively. Alongside Tesla CEO Elon Musk’s announcement that it […]
It’s been a whirlwind of a few months for Tesla (TSLA) and its shares. And with Battery Day behind us, analysts are wondering what to look to for the company’s next “big break.” According to Yahoo Finance, shares of Tesla (TSLA) fell 5.8% before the market opened on Wednesday, the day immediately following Battery Day. […]
The numbers from Tesla’s Q2 are in, and they’re pretty astounding considering the state of the auto industry today. According to a compilation of auto sales data from ZapEVs, Tesla sold a whopping 35.4% of all U.S. Auto Exports in Q2 2020. The electric vehicle giant also sold 90,891 vehicles total, with an estimated 29,684 […]
Tesla (TSLA) has just been given another price target increase from Wall Street analyst Alex Potter, as reported by Barron’s. The Piper Sandler analyst raised his price target from $515 from $480 a share, citing energy storage, increasing battery capacity, and, oddly, CEO Elon Musk’s compensation package as reasons the company would be successful. Musk’s […]
It’s been a bit of a roller coaster for Tesla’s (TSLA) stocks lately, but only because of some of the record-setting numbers made by the company thus far in the year. According to Market Watch, Deutsche Bank analyst Emmanuel Rosner boosted his price target on Tesla (TSLA) by 33%, in spite of the fact that […]
Shares of Tesla rallied again for the fifth consecutive day, seeing a 7% surge on Tuesday, closing at $449.76 USD per share, after reaching up to $461.94 on the day. Tesla’s market cap currently is at $419 billion. According to Reuters, the consecutive days of gains can be attributed to Tesla’s highly anticipated ‘Battery Day’ next […]
Shares of Tesla have jumped 11% on Monday, as part of a larger tech sector rally and also a positive research note from Goldman Sachs. According to CNBC, Goldman Sachs said demand for Tesla is increasing in China, saying, “Tesla global weekly app downloads have recently been tracking up on a year-over-year basis, with the most […]
Tesla (TSLA) fans, no need to dismay over the company being snubbed by the S&P 500 index committee just yet – hope isn’t lost for the electric vehicle (EV) giant’s inclusion. As reported by Reuters, Tesla could still be included in the S&P 500, especially with any merger activity, which is historically what causes most […]
Ahead of Tesla’s Battery Day event set for later this month, UBS has doubled its price target for the company. According to UBS analyst Patrick Hummel, the price target for Tesla is now at $325, up from $160, along with a neutral rating. Hummel says the electric vehicle maker’s target was bumped up because of […]
