NASDAQ Composite opens in less than three hours and Tesla’s pre-market value is already 1.72% down.

The last session, NASDAQ Composite finished with Tesla jumping 0.59% to $854.41. NASDAQ Composite jumped 0.43% to $13,128.95, after two sequential sessions in a row of gains, on what was a somewhat positive trend trading session.

Tesla’s last close was $849.44, 3.52% below its 52-week high of $884.49.

News about Tesla today

Car safety regulators urge Tesla to recall around 158,000 vehicles. According to today’s article on The Wall Street Journal, "Federal regulators are asking Tesla Inc. to recall about 158,000 vehicles over safety concerns in what would amount to one of the biggest safety actions by the electric-vehicle maker.", "The National Highway Traffic Safety Administration asked Tesla in a Jan. 13 letter to recall some Model S luxury sedans and Model X sport-utility vehicles. "

Tesla asked to recall 158,000 model S and model X vehicles over a safety defect involving failing touchscreens. According to today’s article on Business Insider, "The issue, which stemmed from the MCUs failing after exceeding their storage capacity, impacted certain 2012-2018 Model S and 2016-2018 Tesla Model X vehicles.", "Vice News originally reported on the issue in October 2019, citing a Tesla repair expert who said: "When this burns out, you wake up to a black screen [in the car’s center console.] "

Tesla asked by federal regulator to voluntarily recall 158,000 vehicles over safety-functions-related defect. According to today’s article on MarketWatch, "The National Highway Traffic Safety Administration has sent a letter to the Silicon Valley electric-vehicle maker Tesla Inc. seeking a voluntary recall by the company of some 158,000 Model X units from the 2016, 2017 and 2018 model years over a possible defect impacting safety functions including rear-view-camera operation. "

Tesla’s Sales

Tesla’s sales growth is 38.1% for the current quarter and 59.8% for the next. The company’s growth estimates for the present quarter and the next is 131.7% and 282.6%, respectively.

Volatility

Tesla’s last day, last week, and last month’s average volatility was 4.72%, 2.97%, and 1.48%, respectively.

Tesla’s last day, last week, and last month’s high and low average amplitude percentage was 4.91%, 5.09%, and 4.70%, respectively.

Previous days news about Tesla

Sensei gets uma thurman, Tesla board member as investors. According to Bloomberg Quint on Monday, 11 January, "Sensei Biotherapeutics Inc. won actress Uma Thurman and Tesla board member Steve Jurvetson as new investors ahead of a potential initial public offering in coming months."

Tesla skeptics are capitulating. According to Bloomberg Quint on Monday, 11 January, "The more bullish Tesla analysts typically ascribea lot of value to activities such as autonomous ride-hailing, third-party power train sales, energy and insurance, some of which are small or don’t exist yet. ", "In other words, he failed to anticipate Tesla’s stock would surge to such lofty heights and thus enable it to print money without diluting existinginvestors too much – Tesla raised about $12 billion from stock sales in 2020."

Tesla stock is falling and in danger of its first decline since before Christmas. According to MarketWatch on Monday, 11 January, "Shares of Tesla Inc. fell 2.1% in premarket trading Monday, which puts them in danger of suffering their first decline in 12 sessions. "

Oracle cofounder larry ellison scores $12 billion gain on his Tesla stock in under 3 years. According to Business Insider on Monday, 11 January, "Oracle cofounder Larry Ellison has racked up a $12 billion gain on his Tesla stock in just over two years.", "Ellison’s Tesla wager has helped lift his fortune to about $81 billion, making him the 10th-richest person in the world, according to the Bloomberg Billionaires Index. "

Stocks making the biggest moves midday: nio, Tesla, Roku, lululemon & more. According to CNBC on Monday, 11 January, "Separately, Bank of America raised its price target on Tesla to $900, up from a prior forecast of $500."

Bitcoin and Tesla have gotten the fed's attention. According to Bloomberg Quint on Monday, 11 January, "Now, the central bank hasn’t said directly that it’s worried about the surging price of Tesla shares and Bitcoin, and it likely never will."

Nio stock pulls back after Citigroup downgrades on Tesla competition concerns. According to MarketWatch on Tuesday, 12 January, "Shares of Nio Inc. slipped 1.0% in premarket trading Tuesday, pulling back slightly after back-to-back record closes, after Citigroup analyst Jeff Chung backed away from his bullish stance on the China-based electric vehicle maker, citing concerns over competition from Tesla Inc. . "

Nio stock pulls back after a Citigroup downgrade over Tesla competition concerns. According to MarketWatch on Tuesday, 12 January, "Shares of Nio Inc. slipped 1.0% in premarket trading Tuesday, pulling back slightly after back-to-back record closes, after Citigroup analyst Jeff Chung backed away from his bullish stance on the China-based electric vehicle maker, citing concerns over competition from Tesla Inc. . "

Men are more likely than women to invest in companies like Tesla. here's why. According to MarketWatch on Tuesday, 12 January, "Upon raising the bank’s price target for Tesla earlier this week to $900, Murphy and his team of analysts wrote: "The higher the upward spiral of [Tesla’s] stock goes, the cheaper capital becomes to fund growth, which is then rewarded by investors with a higher stock price.", "An even more blatant example of momentum-based thinking appeared in the lead story on MarketWatch on Monday: "He began buying Tesla at $7.50, and now he’s retiring at age 39 with $12 million. "

Hunt for the next Tesla fuels wave of electric-vehicle deals. According to Bloomberg Quint on Tuesday, 12 January, "EV company valuations are soaring as investors hunt for the next Tesla Inc., which saw its market capitalization reach a record $834 billion last week, topping Facebook Inc. The mania has even lifted companies with no profits to speak of — such as Nikola Corp. and Lordstown Motors Corp. That’s encouraged automakers in need of capital to go public via SPACs, while others expand their market share through strategic partnerships."

Tesla incorporates local unit to start selling cars in India. According to Bloomberg Quint on Tuesday, 12 January, "India has been long wooing Tesla to set up a factory to underscore the Narendra Modi-led government’s focus on bringing investments and creating jobs. ", "But he tweeted last year that Tesla would definitely launch its cars in India in 2021. "

Billionaire investor howard marks says individual investors should 'absolutely cut back' their Tesla shares if they've already made huge gains. According to Business Insider on Tuesday, 12 January, "If he bought Tesla two years ago, he probably has a huge gain, it’s probably a very disproportionate amount of his financial net worth, he should absolutely cut back.", "Bloomberg’s Erik Schatzker asked Marks whether an individual investor should sell their Tesla stock after the electric vehicle company rallied 743% in 2020."

The ford mustang mach-e just won 'suv of the year' in the latest signal the new crossover will give Tesla a run for its money. According to Business Insider on Wednesday, 13 January, "But the Mach-E hasn’t just impressed members of the media, it has also wowed Wall Street analysts, who say that Ford’s sleek electric crossover could spell bad news for Tesla investors.", "A team of JPMorgan analysts took the Mach-E for a spin recently, "and walked away thoroughly impressed." While the new car isn’t necessarily better than the Tesla Model Y – its biggest competitor – it could help boost Ford’s market value, JPMorgan said in a note to clients."

LEAVE A REPLY

Please enter your comment!
Please enter your name here