Tesla (TSLA) has 50-70% five-year upside because of tech lead, Wall Street firm says

Tesla’s (NASDAQ: TSLA) potential within the next 4 to 5 years shows an upside of between 50% and 70% because of an extensive lead in vehicle technology. Oppenheimer’s Colin Rusch appeared on CNBC’s Squawk Box on Thursday to talk about the electric automaker’s outlook for the future, which he believes is exceptionally positive considering the […]

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Tesla (TSLA) Q2 2020 earnings call with Elon Musk set for July 22

Tesla (NASDAQ:TSLA) will be posting its Q2 2020 financial results on Wednesday, July 22, 2020. After the closing bell, the company will release a brief advisory with a link to its Q2 2020 Update Letter. TSLA will hold its regular Q&A session for the second quarter at 2:30 PM PST (5:30 PM EST). Retail and […]

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Tesla (TSLA) gets $1,300 price target from Goldman Sachs bear

Tesla (NASDAQ: TSLA) has received a new $1,300 price target from a bearish analyst at Goldman Sachs. Goldman analyst David Tamberrino increased his price target for the electric automaker’s stock from $950 to $1,300. The stock holds a neutral rating from Goldman Sachs. “We suggest that investors be tactical with the stock,” the Goldman analyst […]

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Tesla (TSLA) gets $2,070 bullish price target after Monday rally

Tesla (NASDAQ: TSLA) has officially received a bullish $2,070 valuation estimate from Morgan Stanley after the automaker’s stock rose 13.48%, or $162.92, on July 6. Morgan Stanley analysts called the Monday rally “extraordinary” in a letter to investors. The financial firm’s previous price target for TSLA stock was $1,200. On July 6, TSLA stock closed […]

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Tesla (TSLA) on trajectory to deliver over 750K vehicles in 2021: analyst

Tesla shares (NASDAQ:TSLA) have seen a meteoric rise recently, propelled by the company’s stellar second quarter delivery numbers. On Monday alone, Tesla stock rose a further 13.48%, ending the day at $1371.58 per share. That’s mighty impressive for a company that, just a year ago, was trading as low as $211 per share.  Amidst TSLA’s […]

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Tesla gets higher price targets from multiple firms amid TSLA’s meteoric rise

Tesla (NASDAQ:TSLA) has its own fair share of detractors, and this is reflected by the sheer number of avid critics and bears that have been pessimistic about the electric car maker for years. But amidst the recent meteoric rise of TSLA stock, it appears that even the company’s most ardent and consistent bears are adjusting […]

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Elon Musk trolls Tesla short sellers and SEC anew as TSLA hits new highs

Tesla CEO Elon Musk was in a good and playful mood on Thursday following the release of the company’s Q2 2020 vehicle production and delivery report. With Tesla reaching new all-time highs and breaking $1,200 per share, Musk opted to do something that he has not done in some time: he decided to do some […]

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Tesla’s (TSLA) Q2 results are further evidence that legacy auto is running out of gas

The final numbers from Tesla’s intense end of quarter delivery blitz are in, and they were far better than Wall Street’s estimates. The electric car maker delivered over 90,000 vehicles in Q2 2020, in the middle of a pandemic, and at a time when its main vehicle production facility in Fremont, California was shut down […]

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Tesla (TSLA) crushes Wall Street’s Q2 estimates with over 90k deliveries

Tesla (NASDAQ:TSLA) has released its second quarter vehicle production and delivery report, posting a total production of 82,272 and total deliveries of 90,650. This is a remarkable accomplishment for the electric car maker, considering that the second quarter took the brunt of the US lockdowns that resulted from the pandemic. The company’s Q2 numbers comprise […]

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The ‘Tesla Effect’ is stronger than ever with TSLA’s symbolic victory over Exxon

Over Tuesday’s trading, something remarkable happened. Electric car maker Tesla (NASDAQ:TSLA) reached all-time highs, ending the day at $1,079.81 per share with a market cap of $200.278 billion. This allowed the young company to surpass one of the market’s largest oil firms: the juggernaut known as Exxon Mobil Corp.  In a way, Tesla’s milestone marked […]

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