Tesla’s stock has been on the up and up this month, though many are positing that the growth has to slow down at some point. According to CNBC, Miller Tabak chief strategist Matt Maley says Tesla’s stock is in a bubble and is likely to fall again, even despite the company’s recent gains. “The stock […]
Over the course of the past month, Tesla’s stock ($TSLA) has been skyrocketing with no signs of coming back down. Recent news of this has the electric vehicle (EV) giant making another major jump before the month’s close. On Wednesday, Jefferies Financial more than doubled its target price of Tesla’s stock, from the previous $1,200 […]
Tesla’s stocks are going through the roof right now, and so is a heavy exchange-traded fund that has invested tons into the electric vehicle (EV) company. As reported by Yahoo Finance, Tesla (NASDAQ: TSLA) heavy exchange-traded fund ARK Innovation ETF (NYSE: ARKK) received a record influx of money on Wednesday, ultimately amounting to $124 million USD. […]
Tesla’s stock price continues to rally and today hit yet another all-time high, surging above $2,000 per share for the first time. The electric vehicle company’s shares hit an all new intra-day high of $2,003.16 per share, ahead of its highly-anticipated 5-for-1 stock split, set for the end of the month. Tesla says shareholders as...
Shares of Tesla surged earlier today after a new $1,900 per share price target from Wedbush, and as of writing, before the market’s close on Monday, the company’s stock has already hit another all-time high. Tesla shares hit $1,845.86 per share on Monday, a new all-time high that’s just $64 off the Wedbush target price....
As the electric vehicle market continues to grow and saturate, it’s the nuances that are going to separate the sprinters from the marathon runners. According to The Street, Morgan Stanley analyst Adam Jonas has said that Tesla’s batteries could be a key component of the electric vehicle (EV) company’s future growth. Jonas increased his original […]
In a move many suspected might happen, Tesla has announced today a 5-to-1 stock split, as approved by its Board of Directors. According to the company’s afternoon press release: Tesla announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend...
Tesla on Friday announced that its long-awaited and highly anticipated “Battery Day” will be held on September 22, the same day as its 2020 annual shareholder meeting, in its Fremont, California, factory, and such technology could see Tesla stock hitting the $2,000 USD mark, according to one analyst. The day will likely be “a major positive catalyst […]
Tesla stock is now on par with Google’s Alphabet and other companies that consistently post profits. Shares of Tesla surged as much as 16% Monday to $1,794.99 USD, a fresh all-time high for the automaker, as it announced a date for its upcoming Battery Day and speculation increased that it may soon be included in […]
Reuters reports Tesla is on the verge of joining the S&P stock market index. If this happens, it will be a major victory for both Tesla CEO Elon Musk and investors. It will launch a new demand for shares into Tesla, which has already gone up by 500% in the last year. Furthermore, analysts are […]
Tesla’s stock price hit an all-time high today, reaching $1,087.69 USD per share and currently trading up 6.58% on the day. The company’s market cap surpassed $201 billion at its high today, surpassing oil giant Exxon Mobil, with the latter currently dealing with one of the biggest crude oil crashes in history. Exxon’s market cap...
Tesla’s stock price surpassed $1,000 per share today, now making the company the most valuable automaker in the world, surpassing Toyota. The rise comes as a leaked Tesla memo from Elon Musk said the company was ready to “go all out” with volume production of the Tesla Semi commercial truck. The memo was obtained by...
