TSLA

Tesla Plans to Raise $5 Billion in New Share Offering

After plans to sell $5 billion (USD) in shares a few months ago, Tesla’s (TSLA) stock price has continued to shoot through the roof, even after the sale. And now, the company plans to make another big sale of its shares. On Tuesday, Tesla announced plans to raise $5 billion for the second time this […]

Tesla Short Sellers Have Lost $35 Billion in 2020

After losing an additional $4 billion USD by the end of November, Tesla short sellers have now lost a total of $35 billion USD so far this year, according to a report by CNN Business. According to analysis by S3 Partners, short investors in Tesla— those who placed bets in the market that its shares would […]

Goldman Sachs Sets Tesla to ‘Buy’ Rating with $780 Price Target

Tesla was upgraded to a ‘buy’ rating from neutral today by Goldman Sachs, setting the price target for Elon Musk’s company to $780, the highest on Wall Street, reports Bloomberg. “The shift toward battery electric vehicle adoption is accelerating and will occur faster than our prior view,” said Mark Delaney, Goldman analyst, on Wednesday. Goldman […]

Tesla Will Be Added to S&P 500 All at Once Says S&P Dow Jones Indices

The S&P Dow Jones Indices announced this afternoon Tesla will be added to the S&P 500 “at its full float-adjusted market capitalization weight effective prior to the open of trading on Monday, December 21, 2020.” Back on November 16, it was announced Tesla would be joining the S&P 500. A consultation started to receive feedback to […]

Tesla (TSLA) Touches All-Time High of $607 Per Share at Open

Shares of Tesla touched yet another all-time high, reaching $607.80 per share at open on Monday, hitting a milestone of surpassing $600 per share. The stock then proceeded to dip and currently sits at $581 per share as of writing, down just under a percent for the day. #Tesla just hit 600 Dollar, now worth […]

Tesla Surpasses $500 Billion Market Cap For the First Time

Tesla (TSLA) has had a remarkable year this year, with CEO Elon Musk surpassing Bill Gates to become the world’s second-richest person as proof. But the growth shown by the electric vehicle (EV) manufacturer is known worldwide, with a total of 139,300 vehicles delivered in the third quarter alone. On Tuesday morning, Tesla (TSLA) surpassed […]

Elon Musk Now the Second-Richest in the World, Surpassing Bill Gates

According to the daily Bloomberg Billionaires Index ranking, Tesla CEO Elon Musk surpassed Bill Gates to become the world’s second-richest person, with a total net worth of $128 billion. Musk recently saw a gain of $7.24 billion according to Bloomberg, due to the recent surge of Tesla, ahead of the latter’s inclusion into the S&P […]

Tesla (TSLA) Surges 19% to Record High Ahead of S&P 500 Debut

Shares of Tesla have hit an all-time high as predicted, surging as much as 19% on Thursday morning, currently trading at $506.37 per share. Earlier in the trading day at open Tesla hit $507.76 per share. The huge rally comes ahead of Tesla’s inclusion in the S&P 500, officially announced this week and set for […]