Tesla closed the trading day on Tuesday at $735.11 per share, up 0.73% for the day. But with a new price target increase by Morgan Stanley, the stock has now soared to an all-time high in after-hours trading. Morgan Stanley analyst Adam Jonas has increased his price target for Tesla from $540 to $810, what he […]
After a year of record numbers, electric automaker Tesla (TSLA) is beginning 2021 on the exact same note, already rallying to new all-time highs. On Monday, Tesla’s shares flew past previous highs during intraday trading, surpassing a $700 billion market value. The growth comes just after Tesla’s record year in 2020, in which it reached […]
There’s nothing like closing out a tumultuous and crazy 2020 with a bang, right? That’s exactly what Tesla has done, as its shares touched a new all-time high on Thursday, reaching $718.72 per share, with market cap now at $668 billion. With Tesla finally entering the S&P 500 last month, it will be exciting to […]
Tesla touched an all-time high during intra-day trading on Wednesday, reaching $696.60 per share. The company’s shares closed at $694.78, up 4.32% for the day, with its market cap now at $658 billion. .@RiskReversal says he’s never seen a frenzy like Tesla’s rally this year. He breaks down the rising trend and warns investors to […]
Tesla’s entry into the S&P 500 index was expected to be a rocky one, although neither bulls or bears could be sure what that truly meant – until Monday when the electric vehicle (EV) company’s entry became offical. After its entry into the S&P on Monday, Tesla’s (TSLA) shares fell as much as 6%, as […]
Part of Tesla CEO Elon Musk’s charm is his activity on Twitter, interacting with fans and foes in friendly, informative, and, sometimes, funny ways. And while Musk’s newest tweet is more sappy than we’re used to, the message certainly isn’t lost on his fans. In a new tweet on Monday, Musk has offered a heartfelt […]
Investors in Tesla saw the company’s stock rally to an all-time high of $695 per share to close out the Friday trading day, ahead of the electric automaker’s inclusion in the S&P 500, set to begin on Monday. Shares of Tesla dipped below $637 per share at 3:45pm ET, only to rally in its final […]
Electric vehicle (EV) manufacturer Tesla (TSLA) will enter the S&P 500 on Monday, set to be the most dramatic entry in the index’s nearly 64-year history. According to CNBC, the trading volume shift at Friday’s close is expected to be so great, due to Tesla’s upcoming S&P entry on Monday, that $85 billion in the […]
A new wave of millionaires have risen out of Tesla’s (TSLA) stocks this year, and many, like Brandon Smith, are cashing out after Tesla’s biggest year yet. Smith, according to Bloomberg, put $10,000 of his own savings into Tesla’s stock in late 2017, marking his first time investing in a company. Then, he would take […]
“In a remarkable 2020, Tesla might just be the most remarkable market story of them all,” writes Deutsche Bank strategist Jim Reid. He’s certainly not wrong, given Tesla’s (TSLA) meteoric rise in the stock market this year, and it’s even been suggested that the company could have an even larger impact on the stock market […]
The S&P Dow Jones Indices has announced Tesla will replace Apartment Investment and Management Co. in the S&P 500, a move effective on December 21, 2020. Tesla will also be added to the S&P 100, replacing Occidental Petroleum Corp., with the latter remaining in the S&P 500, explains a S&P Dow Jones Indices press release. […]
Tesla (TSLA) is expected to enter the S&P 500 later this month, and the electric vehicle (EV) manufacturer has been having an incredible year. However, some analysts have expressed concerns over the company’s entry into the index, suggesting that it may not be as smooth sailing as it seems. Investors are gearing up for how […]
Tesla (TSLA) announced on Tuesday that it would be raising $5 billion (USD) in a new share offering, and it’s already way ahead of the curve. According to a new filing with the Securities and Exchange Commission (SEC) on late Thursday, Tesla disclosed it completed the sale of its $5 billion in shares and the […]
According to JPMorgan Ryan Brinkman, he believes Tesla’s stock price is now “dramatically” overvalued. In a research note published Wednesday, Brinkman, who is bearish on Tesla, also said it’s a mistake for investors to increase holdings of the electric automaker ahead of the S&P 500 inclusion. Bloomberg reports Brinkman said Tesla’s meteoric rise is “strongly […]
The past two decades have brought with them a number of major changes to the automobile industry, not the least of which is the beginning of a major transition to electric vehicles (EVs). In a new video uploaded on Wednesday, YouTube channel Datamentary shares the fluctuating market shares of various major automakers between the years […]
