Tesla (NASDAQ:TSLA) recently received an optimistic $1,000 per share bull case target from Wedbush. Analyst Dan Ives discussed the electric car maker’s potential in Europe and China. According to Ives, electric cars will likely see a steeper adoption curve over the next 18 to 24 months, and Tesla, which is establishing a local presence in […]
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Seemingly against all odds, Tesla (NASDAQ:TSLA) has decided to pursue its goal of delivering half a million cars this year. This was despite the presence of a pandemic and an auto market that is weighed down at best. Yet despite these headwinds, signs from Tesla’s Fremont Factory and Gigafactory Shanghai suggest that the company’s 500,000-vehicle […]
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This week, it was announced that Tesla (NASDAQ: TSLA) would join the S&P 500 Index on December 21st. The news shot the stock up nearly $100 in just two days, with most of the surge coming directly after the Tuesday announcement. While it is impressive enough that Tesla is finally being included in the S&P, […]
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Tesla (NASDAQ:TSLA) may have a lot of momentum now, but the electric car maker could very well be on the verge of receiving another massive boost. According to analysts from Goldman Sachs Group Inc. on Friday, Tesla’s inclusion in the S&P 500 next month could result in $8 billion of demand from active US large-cap […]
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Tesla CEO Elon Musk’s net worth has increased by over $82 billion in 2020 after a 480% increase in stock price so far this year. Musk, who helped found Tesla in 2003, is the company’s largest shareholder, and as CEO, helps oversee the company’s day-to-day operations. 2020 has been especially rewarding for the South African-born […]
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Tesla (NASDAQ: TSLA) has surged to an all-time high trading price on Thursday morning, reaching $507.76 following a two-day surge that was fueled by news of the company’s planned inclusion in the S&P 500. The electric automaker’s had previously reached a high of $502.49 previously, which occurred in early September after the company’s 5:1 stock […]
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New Street Research managing partner Pierre Ferragu recently explained why Tesla’s (NASDAQ:TSLA) EV credits is only icing on the cake for the electric car maker. Tesla reported a revenue of $8.771 billion with a net income of $331 million in Q3, with regulatory credits accounting for $397 million of the EV maker’s earnings. When asked […]
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On the heels of its inclusion into the S&P 500, Tesla stock (NASDAQ:TSLA) closed over 8% higher on Tuesday, allowing the company to end the day trading at $441.61 per share. With its S&P 500 inclusion and its upcoming projects in mind, Todd Gordon, the founder of TradingAnalysis.com, noted in a CNBC appearance that betting against Tesla may […]
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Tesla (NASDAQ: TSLA) is headed for the S&P 500, and it’s making believers out of notorious skeptic Adam Jonas of Morgan Stanley, who has remained bearish on the automaker for over two years. Jonas has held Sell or Hold ratings on TSLA shares since October 2018, and for the first time since then, he is […]
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Tesla (NASDAQ: TSLA) is set to join the S&P 500 on December 21st, making it one of the newest members of the world’s most influential stock index. However, Tesla’s gigantic market capitalization, which has made it the most valuable car company globally, could make the inclusion process slightly more complicated than initially planned. Tesla’s over […]
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