Tesla (TSLA) gains momentum, helps push Nasdaq to record high

Tesla stock (NASDAQ:TSLA) broke out on Wednesday, rising 5.3% and closing at $656.57 per share. With this, Tesla effectively outpaced its peers in the S&P 500 and the Nasdaq 100. Tesla’s surge even contributed to the Nasdaq rising to an all-time high on Wednesday.  Tesla’s breakout on Wednesday came on the heels of several positive […]

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Morgan Stanley outlines Tesla’s 8 key drivers for further expansion

Recently, Morgan Stanley (MS) released a note on Tesla’s future capacity expansion. The note discussed key drivers that would push Tesla’s growth further in terms of model/segment and factory footprint. Each driver is discussed below. Produce in markets where they want to sell & diversify outside China “Cars don’t ship like iPhones, and there are […]

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Tesla stock among biggest potential winners over the next year: analysts

Tesla (NASDAQ: TSLA) stock is just one of eight companies poised for a rally over the next twelve months, according to analysts who see major upside for some of 2021’s slowest movers. Tesla, along with Penn National Gaming, Etsy, Mosaic, Mohawk Industries, Under Armour, Enphase Energy, and Freeport-McMoRan, is one of the stocks that has […]

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Tesla’s market disruption may lead to healthy slice of global auto market: Mizuho

Tesla is expected to control 10% of the global automotive market in the coming years, analysts from Tokyo-based Mizuho Bank said in a recent note to investors. Tesla’s disruption of the global automotive market through its high-tech and affordable electric vehicles could ultimately lead to the company producing 1-out-of-10 cars on the road in the […]

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Canaccord cuts Tesla (TSLA) price target following Model S Plaid release

Tesla shares (NASDAQ:TSLA) have received a price target update from Cannacord Genuity, which published a note following the release of the Model S Plaid. While the investment bank and financial services firm maintained its “Buy” rating for Tesla, it did reduce its price target for the company over apparent delays with the production of 4680 […]

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Elon Musk still has some hope for Tesla Bitcoin transactions

Recently, Elon Musk corrected some inaccuracies reported by a media outlet about Tesla’s Bitcoin transactions. The Tesla CEO’s recent comments about Tesla and Bitcoin reveal that Tesla may resume Bitcoin transactions in the future.  CoinTelegraph reported that Sygnia CEO Magda Wierzycka criticized Elon Musk for allegedly pumping and dumping Bitcoin stock. “What we have seen with […]

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Tesla’s Plaid Event highlights a new era of self-driving vehicles: Oppenheimer

Tesla (NASDAQ: TSLA) unveiled its new Plaid Model S last night and rolled out deliveries to those who have been waiting patiently to take delivery of the “Refreshed” version of the company’s flagship sedan. While there were several takeaways from the event that took place at Tesla’s Fremont Factory, Oppenheimer analyst Colin Rusch indicated that […]

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Tesla stock spikes on China delivery figures, then cools down for no reason

Tesla (NASDAQ: TSLA) stock spiked nearly 3% this morning after positive news from China that effectively debunked rumors of declining sales figures in May. However, the increase in price was short-lived, as the stock dropped back down to the $600 level after opening at $623.01, despite no negative news being reported regarding Tesla this morning. […]

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Tesla’s 12-month outlook gets $1,000 price tag from bull analyst Dan Ives

Tesla (NASDAQ: TSLA) has not had a favorable first quarter and a half on Wall Street in 2021, but Wedbush Securities analyst and Tesla bull Dan Ives believes the stock will cost $1,000 per share in 12 months. In 2021 so far, Tesla has lost around 20% of its value despite reporting two record-breaking quarters […]

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Tesla Bear believes TSLA India market might be even bigger than China: report

Roth Capital analyst Craig Irwin, who has a $150 price target on TSLA, believes Tesla’s market potential in India might be bigger than the lead EV automaker’s market in China.  “The entry into the Indian market I expect to be a big, big boost for [Tesla]. You know, I’ve been talking about this, I guess […]

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