Tesla (NASDAQ: TSLA) bear Jim Chanos is no longer shorting the automaker’s stock. Instead, Elon Musk’s electric vehicle company’s longtime skeptic has moved on to a “Put” position. Chanos said in an interview with CNBC that he has abandoned the “Short” position he once held on Tesla stock, SeekingAlpha reported. Evidently, the losses came to be […]
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Tesla (NASDAQ: TSLA) has a new Street-high price target from Oppenheimer’s Colin Rusch, who marked the company’s “extraordinary advantage” in self-driving cars, cost reductions in manufacturing, and its valuation as a high-growth stock as reasons for the increase. Rusch boosted his price target from $486 to $1,036 on Wednesday. The revised target has overtaken the […]
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When Stephane Saint Louis, originally of Haiti, and Steven Vargas of Petaluma, CA, received their first round of stimulus checks last year, the pair knew they had to put the money to good use. The pair dreamt of starting a restaurant of their own, but capital was tight and a pandemic was raging. Thus, Saint […]
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Tesla (NASDAQ: TSLA) is seeing some bumps in stock price and in outlook from Wall Street analysts after China’s initial deliveries of the Model Y. The company’s stock has remained relatively stagnant over the past week, hovering between the $820 and $860 mark in a seven-day period. Tesla’s initial deliveries of the Model Y in […]
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Tesla (NASDAQ:TSLA) investments from Alaska’s Department of Revenue, which collects and invests public funds, dramatically rose in the fourth quarter of 2020. The trades were disclosed by the agency in a form it recently filed with the US Securities and Exchange Commission. The Alaska Department of Revenue, which managed $8.8 billion worth of US-traded assets […]
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Tesla (NASDAQ: TSLA) will be posting its Q4 2020 financial results on Wednesday, January 27, 2021. After the closing bell, the company will release a brief advisory with a link to its Q4 2020 Update Letter. TSLA will hold its regular Q&A session for the third quarter at 2:30 PM PST (5:30 PM EST). Retail […]
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Tesla has officially received a business license in India, which will give the company the ability to operate as a domestic automaker as a subsidiary of a foreign company. The announcement sent Tesla stock surging up over 6% after the company suffered its first negative day of 2021 on December 11. According to the Ministry […]
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Credits Suisse recently updated its outlook on American electric car maker Tesla (NASDAQ:TSLA), with analyst Dan Levy doubling his price target for the company to $800 per share, up from his previous estimate of $400 per share. Levy also kept his “Neutral” rating on TSLA stock, despite his optimistic forecast on the electric car maker. […]
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Tesla (NASDAQ: TSLA) has gained a new, Wall Street-high price target from Bank of America, which boosted its outlook for the electric automaker from $500 to $900 on Monday morning. Bank of America’s bullish outlook is based on several things that are both short and long-term, which have driven the firm to boost Tesla’s price […]
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Tesla stock will come crumbling down, at least that’s what Michael Burry, the man who predicted the 2007 United States housing bubble’s collapse in 2007, says. Burry’s status as a financial prediction guru was captured in “The Big Short,” a novel turned into a Hollywood hit starring Steve Carrell and Christian Bale, who played Burry […]
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