Tesla’s (TSLA) sizzling summer made Goldman Sachs $100 million

Tesla (NASDAQ: TSLA) has grown over fivefold so far in 2020, with the stock’s growth making investors with extensive holdings a considerable profit. Hedge funds and large investment firms are among the entities that have added large amounts of wealth to their portfolios, thanks to TSLA’s performance on Wall Street. One of the biggest winners […]

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Tesla (TSLA) gets two new PTs, but they’re not Battery Day related

Tesla (NASDAQ: TSLA) has received two more new price targets on its stock before trading hours began on Friday. The two increased outlooks for the electric automaker’s stock come from Piper Sandler and Wedbush, who increased their targets from $480 to $515, and to $475 from $380, respectively. Interestingly, the increases had nothing to do […]

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Tesla (TSLA) selloff ‘was a mistake,’ $230 billion investment manager says

Tesla (NASDAQ: TSLA) shares have spiked almost fivefold this year and have given many the company’s investors a terrific surge in value. However, some investors and managers are kicking themselves for selling off the stock early. Will Danoff of Fidelity is one of those people. Danoff manages $230 billion in investments for Fidelity, and some […]

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Tesla (TSLA) Battery Day could be ‘Master Plan Part 3,’ PT increases follow

Tesla (NASDAQ: TSLA) has received a series of increased price targets from Wall Street firms this morning. The price target boosts were both based on the possibilities that could come from Tesla’s upcoming Battery Day event, where the electric automaker will detail its cell production strategy. One firm stated that Battery Day could be “Master […]

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Hindenburg responds to Nikola’s rebuttal: ‘A tacit admission of securities fraud’

Nikola Motor (NASDAQ: NKLA) shares fell during Tuesday’s trading session after Hindenburg Research made yet another response to the company’s possible involvement in fraudulent behavior. NKLA shares fell a total of 8.27% during Tuesday trading hours. The company’s price per share now sits at $32.83 apiece. Hindenburg’s most recent reply to Nikola’s rebuttal came during […]

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Tesla (TSLA) surge satisfies Fibonacci’s second key, analysts see more growth

Tesla (NASDAQ: TSLA) stock spiked 12.58% yesterday during trading, and an additional 4.3% in pre-market trading this morning. Because of the growth, TSLA has now satisfied the second key of the Fibonacci retracement target, and Wall Street bulls who use the method of analysis are expecting more growth out of the electric automaker within the […]

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Tesla (TSLA) stock surges 9% as tech comeback begins, Goldman Sachs says

Tesla (NASDAQ: TSLA) shares recovered 9% so far during trading hours on Monday after a tough few days last week. The shares were up around 9% at the time of writing as tech stocks began their rebound after a sizeable sell-off last week. Goldman Sachs attributes Tesla’s spike in value to the increase in demand […]

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Tesla (TSLA) Battery Day needs ‘something big’ to avoid overhang, Jim Cramer says

Tesla (NASDAQ: TSLA) will need to show “something big” at its Battery Day event on September 22nd, Jim Cramer says. Otherwise, there could be a potential overhang similar to what happened after the company’s recent exclusion from the S&P 500. Cramer says that investors who have put cash into the electric automaker’s stock want to […]

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Tesla (TSLA) gets doubled PT from UBS on ‘raised volumes and margins’

Tesla (NASDAQ: TSLA) has received a new price target from UBS Securities. The company, which has been primarily bearish in its analysis of the electric automaker’s stock in the past, has more than doubled its price target from $160 to $325. The increased price target is due to “raised volumes and margins,” according to reports, […]

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Tesla (TSLA) bear is skeptical of automaker, but says don’t short the stock

Tesla (NASDAQ: TSLA) has a skeptic in Roth Capital’s Craig Irwin. The bear holds a $150 price target for the electric car company, but still is advising people that the stock is not one that investors should short. Why? “Elon Musk has far too many levers to pull.” Irwin appeared on CNBC’s Squawk Alley to talk […]

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