Tesla CEO Elon Musk has moved up on the Bloomberg Billionaires Index to the fourth spot after the electric automaker’s stock soared during trading on Monday. After TSLA stock (NASDAQ: TSLA) closed at $1,835.64 on Monday, Musk’s net worth rose by almost $8 billion at $7.78 billion. Musk officially passed Bernard Arnault of France’s LVMH […]
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Tesla (NASDAQ: TSLA) stock hiked 11.20% in trading on Monday, and Morgan Stanley’s Adam Jonas explained why the company’s future advantage lies within batteries and talented people wanting to work for Elon Musk. Jonas appeared on an episode of CNBC’s “Squawk Alley” on Monday to discuss his price target for the electric car company, which he increased […]
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Tesla (NASDAQ: TSLA) has officially crossed the $1,800 per share mark for the first time and set a new record high during trading hours on Monday. The stock reached a price as high as $1,816.89 per share. Earlier today, Wedbush analyst Dan Ives increased his price target for the electric automaker from $1,800 to $1,900 […]
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Tesla stock (NASDAQ:TSLA) is on a tear on Monday, and part of it appears to be due to momentum from Wedbush’s optimistic note on the company. In his note, Wedbush analyst Dan Ives highlighted the importance of Gigafactory Shanghai and battery tech to Tesla’s numbers. And in a recent interview with Yahoo Finance, the analyst explained […]
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Tesla (NASDAQ:TSLA) recently received a strong vote of confidence from Wedbush Securities, with analyst Dan Ives raising the company’s price target to $1,900 per share. In a note, the analyst outlined several key factors that could benefit the electric car maker, from its next-gen battery tech, the potential of Gigafactory Shanghai in China, and strong […]
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The passenger vehicle market is undoubtedly transitioning towards electric cars, but the electrification of the trucking industry is arguably still in its infancy. With this in mind, US-based energy analysts Wood Mackenzie have recently conducted an analysis of the country’s budding EV truck segment, and their results were equally optimistic and conservative, especially when vehicles […]
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Tesla (NASDAQ: TSLA) will hold its 2020 Annual Shareholder Meeting on Tuesday, September 22, 2020, at 2:30 p.m. Pacific Time, at the company’s Fremont Production Plant located at 5500 Fremont Blvd, Fremont, CA 94538. In a Securities and Exchange Commission proxy statement filing on August 14, Tesla outlined seven key agenda items to be voted […]
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Since announcing its impending 5:1 stock split, Tesla stock (NASDAQ:TSLA) appears to have gained momentum, opening above its record close of $1,643.00 on Friday. Amidst this, another bearish Tesla analyst appears to have thrown in the towel, giving the company an upgrade and a more optimistic price target. In a recent update, Bank of America […]
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Tesla (NASDAQ: TSLA) has received both an increased price target and an improved rating on its stock from Morgan Stanley after reports of the electric automaker enhancing its battery business. Morgan Stanley’s Adam Jonas increased his price target for TSLA stock by $310, to $1,360 from $1,050, and upgraded his rating for the electric automaker […]
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Thanks to a profitable second quarter, expectations are high that Tesla stock (NASDAQ:TSLA) will be joining the S&P 500 index. Considering the current performance of the S&P 500, it appears that the addition of Tesla would actually benefit the index, since the electric car maker has all but left it in the dust in previous […]
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