Just one day before Tesla (NASDAQ: TSLA) is set to report its earnings for the third quarter of 2021, Bank of America Securities analysts are bumping their price target to $900. The automaker’s “track record of growth, consistent capital raises, and overall investor hype” drove Bank of America analyst John Murphy to increase his price […]
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Tesla (NASDAQ: TSLA) bull and Wedbush analyst Daniel Ives expects the electric automaker to deliver an “across the board” Earnings Call beat on Wednesday after reporting record deliveries earlier this month. Tesla reported in early October that it had delivered 241,300 vehicles in Q3, a record for the company. Deliveries mostly consisted of Tesla’s mass-market […]
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Tesla shares (NASDAQ:TSLA) are roaring to life as the company approaches its highly-anticipated third-quarter earnings call. The EV maker gained as much as 1.06% to $852.00 on Monday’s US premarket trading, making the company poised for a 50% increase from the stock’s low of $563 per share last March 8, 2021. Tesla has been gaining […]
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This is a preview from our weekly newsletter. Each week I go ‘Beyond the News’ and handcraft a special edition that includes my thoughts on the biggest stories, why it matters, and how it could impact the future. Tesla is coming off its most successful quarter in company history. The Q3 delivery guidance saw Tesla […]
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Tesla bull and “Big Short” inspiration Michael Burry has ditched his bet against the electric automaker’s stock. In an emailed statement to CNBC on Friday, Burry revealed he is no longer betting against Tesla’s stock price, and he claims that he “was never short tens or hundreds of millions” of shares. He stated media reports […]
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Tesla stock (NASDAQ:TSLA) recently received an optimistic outlook from Jefferies Equity Research, with analyst Philippe Houchois raising his price target on the automaker from $850 to $950 per share. Jefferies cited several reasons behind its update on TSLA stock, though the analyst noted that part of it is due to the growing gap between Tesla […]
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Tesla (NASDAQ: TSLA) shareholders voted overwhelmingly to retain Kimbal Musk, brother of CEO Elon Musk, and James Murdoch on Tesla’s Board of Directors, according to an 8-K filing with the SEC that revealed the number of votes to re-elect the two to the company’s Board for three more years. On October 13th, Tesla filed an […]
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Tesla (NASDAQ: TSLA) announced this weekend that the production of its electric vehicles at Gigafactory Berlin in Germany would begin in November. The start date is a timely advantage that Tesla has, according to Wedbush analyst Dan Ives, who believes the ramp of production at the Berlin Gigafactory and Gigafactory Texas, also slated for initial […]
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Tesla put some new and exciting things on display at the “Giga Fest” event it is holding at Giga Berlin on October 9th. Tesla revealed the Model Y’s 4680 structural battery pack, along with several new colors that the company will produce at the German factory when production begins later this year. The photos of […]
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Tesla (NASDAQ: TSLA) will report its earnings for the third quarter of 2021 on Wednesday, October 20th, 2021 after market close from its newly-announced headquarters in Austin, Texas. The company will issue a brief advisory with a link to its Q3 2021 Shareholder Deck and Update Letter, which will be accessible from Tesla’s Investor Relations […]
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