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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Tesla bull ARK Invest is loading up on TSLA once more amid ongoing dip

One of Tesla’s most ardent bulls, ARK Invest, appears to have started loading up on TSLA shares once more. The investment firm’s recent buying spree was reflected in its daily trading activity, which showed that ARK had increased its TSLA holdings during the electric car maker’s steep 20% dive on Tuesday. Interestingly enough, three of […]

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Tesla (TSLA) completes $5 billion stock offering, plunges after S&P snub

Recent filings to the Securities and Exchange Commission (SEC) have revealed that Tesla (NASDAQ:TSLA) has completed its $5 billion stock offering, potentially explaining part of the weakness that was observed by investors late last week. The SEC filings were disclosed by Tesla on Tuesday.  According to the electric car maker, the final settlement of the […]

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Tesla (TSLA) will soon be as big as BMW with “twice better margins,” analyst says

Tesla (NASDAQ: TSLA) has had its shares slide in value over the past couple of days, but Pierre Ferragu of New Street Research insists it is nothing to worry about. The analyst indicates the future outlook is positive, and Tesla is well on its way to being one of the largest car companies in the […]

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Tesla gets rare support from usually-critical Glass Lewis ahead of investors meeting

Proxy advisory firm Glass Lewis, which has exhibited a tendency to be critical of Tesla and its leadership, has extended a rare vote of support for the electric car maker’s executives. In a recent statement, Glass Lewis noted that it now recommends investors to vote in favor of the re-election of Chairwoman Robyn Denholm. This […]

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