Shares of Tesla went up and down like a rollercoaster this week, starting with a steep 21% drop on Tuesday, seeing the effects of being snubbed from the S&P 500. Over the past two days, Tesla shares have rebounded, up 17%, winning back gains, but still down 23% compared to its record close at the […]
In spite of the fact that Tesla (TSLA) is down 30% over the past week, one analyst believes it doesn’t threaten the stock’s long-term strength. Todd Gordon, managing director of Ascent Wealth Partners, has stated that he thinks Tesla is still in the game regardless of its recent downturns, as reported by CNBC. On CNBC‘s […]
Tesla made history today for all the wrong reasons, as its stock plummeted over 21% on Tuesday, as investors feel the pinch of the company getting snubbed from the S&P 500. Shares dropped 21.06% on the trading day, down $88.11, the most ever for the electric vehicle company. In after hours, shares of Tesla are […]
Tesla (TSLA) has had an impressive year, though it is no longer dominating the day-to-day market like it was just a few short weeks ago. On Tuesday morning, Tesla shares fell significantly after Tesla was left out of the S&P 500 index, as reported by CNBC. Though Tesla’s stock had great success throughout the year […]
Despite Tesla’s setback this week due to its stock split, CEO Elon Musk still pulled in an impressive payout of $8.8 billion. Musk’s option payout, tied to the value of Tesla’s stock, came amid the roughest week for the company’s stock since July. After Tesla’s market cap hit an all-time high on Monday, the value […]
Tesla (TSLA) is dominating the electric car manufacturer market, so naturally, it gets to dictate the industry a little bit. On Thursday, Wedbush analyst Daniel Ives explained to a CNBC reporter that he believes Tesla has much more room to grow, Especially with Battery Day coming up so quickly. Ives told the reporter, “In the […]
Scottish investment firm Baillie Gifford — formerly Tesla’s largest outside shareholder — has been forced to cut its stake in Tesla to less than 5% after the automaker’s soaring share price meant the Scottish asset manager was at risk of breaching concentration guidelines. The Edinburgh-based investment company said the recent rise in Tesla’s share price […]
Tesla (TSLA) has had its very first taste with anything other than steady, upward success, after its official stock split had the company’s numbers growing, then stagnating a bit. However, on Wednesday, Bank of America analyst John Murphy raised his price target for Tesla from $350 to $550, and reiterated his rating of Neutral, as […]
After reaching an all-time high on Monday, the first day Tesla traded at its 5-to-1 split-adjusted price, the electric vehicle company touched another all-time high on Tuesday, reaching $502.49 per share. The all-time high works out to $2,512.45 per share prior to the stock split, which is a new high for the company, as its […]
Electric vehicle (EV) manufacturer Tesla (TSLA) saw an incredible opening to Q3 last month with several stock records broken. They’re already starting September with an interesting new development, too. According to Yahoo Finance, Tesla (TSLA) is preparing to sell up to $5 billion USD of its shares, after a massive August for the EV company […]
Tesla today traded for the first time at its 5-to-1 stock split-adjusted price, and the company again hit another all-time high. Shares of Tesla touched $500.14 per share during trading on Monday, which is the equivalent of $2,500.70 per share, prior to its stock split. Tesla’s market cap is now at $464.3 billion, as it...
For the time being, Elon Musk is sitting high as the world’s third-richest person. On Monday, Musk surpassed Facebook’s Mark Zuckerberg as the third-richest person in the world, following the announcement and split adjustment for Tesla’s new five-for-one split stocks, according to Yahoo Finance. At 11:25 am, Musk was worth $111.3 billion USD, while Zuckerberg […]
Most analysts are suggesting investors place stock in Tesla right now, for obvious reasons, and one particular research group just upheld its stance suggesting the same. In an analysis compiled by Bill Selesky of Argus released Friday, the research group is recommending readers to buy into Tesla ($TSLA) right now, citing its low price after […]
Tesla’s stocks and cars are both in high demand around the world right now, and it doesn’t seem like that’s going to change anytime soon. As of Friday, South Korean retail investors are now some of the largest Tesla traders in the market, as Korean individual share holdings reached $3.6 billion USD, according to Bloomberg […]
We’re starting to sound like a broken record, but Tesla continues to make history. The company’s stock price has been on a tear lately and today reached yet another all-time high, touching $2,318.49 per share during today’s opening hour of trading. As of writing, Tesla is trading at $2,230 per share, which beats yesterday’s all-time […]
