Tesla has enjoyed a significant rally on Wall Street in 2020. The meteoric rise of a once-small, likely unsuccessful automotive company is truly a prime example of the American economy working to the advantage of the dreamer. At one time, Tesla was out of money and had to plead for investors to funnel in more […]
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Tesla (NASDAQ: TSLA) completed the sale of its $5 billion common stock offering in a single day, according to a new 8-K document the company filed with the Security and Exchange Commission (SEC) on December 9. On December 8th, the electric automaker announced that it would initiate a $5 billion capital raise, resulting in a […]
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As Tesla (NASDAQ:TSLA) approaches the date of its S&P 500 inclusion, the electric car maker has received what could very well be its strangest update yet from a Wall Street firm. In a recent note, Jefferies raised its TSLA price target from $500 to $650 per share, while downgrading the company from a “Buy” to “Hold.” […]
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Tesla investors’ class-action lawsuit against the EV automaker and CEO Elon Musk has been stalled by presiding US District Judge Edward Chen, reported Reuters. Judge Chen chose law firm Levi & Korsinsky’s client, Glen Littleton, as lead plaintiff in the suit in which multiple TSLA investors claimed they were defrauded when Musk announced that he […]
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Tesla (NASDAQ: TSLA) shares rebounded during early trading hours on Thursday after a sharp decline during Wednesday’s session. After starting Wednesday’s trading session at $646, shares felt a sharp decline after a large sell-off of tech stocks in a relatively bearish day for Wall Street’s big winners. TSLA shares were not immune to the drop, […]
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Tesla (NASDAQ: TSLA) investor and company supporter Jim Cramer says that JPMorgan’s recently adjusted $90 price target isn’t a big deal because younger investors aren’t using “traditional metrics” to determine a stock’s potential. In an interview with The Street on Thursday morning, the longtime host of MSNBC’s Mad Money talked about JPMorgan’s questionable price target for the […]
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Tesla’s electric cars are a rarity in India, but the company’s stock certainly is not. Small-time Indian investors are snapping up Tesla shares (NASDAQ: TSLA) like hotcakes, even though the company’s all-electric cars are among the rarest vehicles to spot in the country. Indians are placing huge bets on U.S.-based companies this year after tech […]
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Tesla (NASDAQ: TSLA) investors received kind words from JPMorgan analyst Ryan Brinkman, who holds the second-most bearish outlook on the electric automaker’s stock. Despite Brinkman commending investors who snapped up shares of Tesla prior to the company’s S&P 500 inclusion, the analyst only boosted his price target by $10, from $80 to $90, even though […]
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Tesla (NASDAQ:TSLA) has announced that it is initiating a $5 billion capital raise on Tuesday. The move, which will result in a dilution of about 0.8%, is poised to provide an additional $5 billion to the company’s already formidable balance sheet. Tesla’s new capital raise announcement comes on the heels of TSLA shares hitting new […]
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Tesla stock (NASDAQ:TSLA) reached all-time-highs on Monday, opening above $600 per share (over $3,000 pre-split) and hitting a market cap of over $580 billion as of writing. Tesla’s rise appears to be partly inspired by the company’s potential record Q4 numbers, its ongoing high-profile projects, as well as its impending addition to the S&P 500. […]
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