In 2017, a Canadian accountant named Spencer was looking for something to watch on YouTube after cutting his cable, until he stumbled upon interviews with Tesla CEO Elon Musk. Four years later, at the age of 43, he is retiring from his job because his investment in Tesla stock has solidified his finances for the […]
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Tesla (NASDAQ: TSLA) has added another feather in its cap today as the automaker’s valuation soared past $800 billion. Momentum from Thursday’s nearly 8% boost in stock price continued in after-hours trading, which set the stage for Tesla to continue its meteoric surge toward the elusive $1 trillion valuation barrier. At the time of writing, […]
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Tesla (NASDAQ: TSLA) has officially overtaken the world’s largest social media platform, Facebook, as the sixth-most valuable company in the world. It is now the most valuable company in the world that isn’t worth $1 trillion; the top five companies are worth $1.2 trillion or more. After Tesla’s 7.94% boost in price per share during […]
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Tesla’s energy business gets put off to the side due to the overwhelming success of the company’s automotive side. While the growth of Tesla’s automotive sector has influenced an over 700% boost in the stock price over the last year, venture capitalist Chamath Palihapitiya says that when the company’s energy business takes off, the market […]
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Tesla (NASDAQ: TSLA) has soared to a new record high share price and valuation on Thursday morning, which sent CEO Elon Musk into the #1 spot on the World’s Richest Person list. However, it was business as usual for the tech entrepreneur, who said he would continue working as normal after hearing the news. The […]
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A longtime Tesla (NASDAQ:TSLA) bear has admitted his error after missing the electric car maker’s 1,200% rally since early 2019. In a recent note, RBC Capital Markets analyst Joseph Spak reevaluated his view on Tesla, boosting his price target from $339 per share to $700 per share. He also lifted Tesla’s rating to a sector […]
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Tesla (NASDAQ:TSLA) recently received an optimistic outlook from Morgan Stanley, with analyst Adam Jonas raising his price target to a “Street High” of $810 per share, up from his previous estimate of $540 per share. The investment bank and financial services firm maintained its “Overweight” rating on TSLA stock as well, while giving the electric […]
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Tesla (NASDAQ: TSLA) short sellers felt the burn on the first days of 2021, recording a $1 billion loss due to the electric automaker’s boost in price on January 4. Tesla closed at a record high of $729.77 yesterday, marking the first official trading day on Wall Street of 2021 as a win for the […]
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The first day of 2021 proved quite remarkable for Tesla (NASDAQ:TSLA), with the electric car maker’s valuation passing the $700 billion mark during Monday’s intraday. Considering that Tesla shares ended the day at $729.7 per share with a market cap of $691 billion, CEO Elon Musk has now closed the gap between his net worth […]
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Tesla (NASDAQ: TSLA) is still a stock to buy despite its over $700 price tag per share, Jim Cramer says. Cramer, a TSLA bull, says that CEO Elon Musk is constantly increasing the company’s valuation because “every time he talks, it’s going to be good.” Cramer appeared on TheStreet on Monday morning to talk about the […]
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