NASDAQ Composite opens in less than eleven hours and Tesla’s premarket value is already 1.65% up.
The last session, NASDAQ Composite ended with Tesla jumping 7.94% to $816.04. NASDAQ Composite rose 2.56% to $13,067.48, following last session’s upward trend on what was an all-around positive trend trading session.
Tesla’s last close was $755.98, 0.40% below its 52-week high of $812.79.
Year-on-year quarterly revenue growth grew by 39.2%, now sitting on 28.18B for the twelve trailing months.
Tesla’s last day, last week, and last month’s average volatility was 2.84%, 2.58%, and 1.13%, respectively.
Tesla’s last day, last week, and last month’s high and low average amplitude percentage was 3.32%, 3.67%, and 5.32%, respectively.
Previous days news about Tesla
Watch this Tesla model 3 with 'full self-driving' make a 358-mile trip across California with almost no human intervention. According to Business Insider on Tuesday, 5 January, "A week later, the Tesla CEO tweeted that Tesla vehicles delivered in the final three days of 2020 will receive three free months of the "full self-driving" software option.", "YouTuber and Tesla enthusiast Whole Mars Catalog (WMC) posted a time-lapse video on Youtube of a Tesla Model 3 with the"full self-driving" beta travelling from the headquarters of SpaceX in Los Angeles to Silicon Valley."
Morgan stanley lifts target price on Tesla to $810. According to MarketWatch on Wednesday, 6 January, "In our opinion, Tesla is still the best positioned company in EVs and AVs under our coverage due to its people, its technology, business model and access to capital. ", "Morgan Stanley analyst Adam Jonas lifted his target price on Tesla to $810 from $540 as he reiterated an overweight call on the electric vehicle maker. "
Stocks making the biggest moves in the premarket: Tesla, Bank of America, solar companies & more. According to CNBC on Wednesday, 6 January, "Tesla (TSLA) – Morgan Stanley raised its price target for Tesla to a Street-high $810 per share, following better-than-expected fourth-quarter deliveries. "
Tesla eyes another milestone as valuation nears Facebook’s. According to Bloomberg Quint on Wednesday, 6 January, "In terms of S&P 500 stocks, Tesla is trailed by Berkshire Hathaway, which has a valuation of nearly $535 billion.", "Shares of Tesla rose 4.8%, giving it a market capitalization of more than $730 billion. "
Tesla will rally another 10% to street-high price target of $810 as deliveries continue to accelerate, morgan stanley says. According to Business Insider on Wednesday, 6 January, "The range of possibilities is "admittedly high," but Tesla is still poised to outperform its rivals in the new year, the analysts said in a note to clients.", "The bullish note boosted Tesla as much as 5.1% on Wednesday to a record intraday high."
Led by Tesla, Roku and Square, famous ARKK ETF is one to watch in January. According to Business Insider on Wednesday, 6 January, "What Happened: Famed for its exposure to Tesla (NASDAQ:TSLA), which is currently 10.76% of the fund, returned almost 153% last year. ", "Why It’s Important: Not surprisingly, much of the early fanfare surrounding ARKK revolved around its status as one of the largest ETF holders of Tesla stock."
Tesla prolongs model Y China delivery times, citing order intake. According to Bloomberg Quint on Thursday, 7 January, "Based on the order intake and our production plan, we have adjusted the Model Y delivery time of latest orders to the second quarter," a Tesla representative said via WeChat on Thursday.", "A strong start for the SUV would be a boon for Tesla as it seeks to maintain its lead in the premium segment over rivals such as Nio Inc. Tesla Chief Executive Officer Elon Musk has said the Model Y has the potential to outsell all other vehicles it makes, and the company set the car’s price below some other marques to keep a competitive edge."
Tesla call was ‘completely wrong,’ RBC says after 1,200% rally. According to Bloomberg Quint on Thursday, 7 January, "RBC’s comments follow a 50% price-target boost on Tesla earlier this week by Morgan Stanley analyst Adam Jonas to a Street-high $810, after the carmaker posted better-than-expected fourth-quarter deliveries and a $5 billion capital increase. ", "Among analysts tracked by Bloomberg, Tesla now has 13 buy recommendations, 13 holds and 14 sells."
Tesla stock gains after RBC ends bearish call with upgrade. According to MarketWatch on Thursday, 7 January, "RBC Capital Markets analyst Joseph Spak ended his bearish call on Tesla Inc. shares Thursday with an upgrade to sector perform from underperform. ", "Our biggest miss was how TSLA can take advantage of its stock price to raise capital inexpensively and fund capacity outlays and growth." He said that this dynamic enables Tesla to easily fund its future growth while traditional carmakers will need to rely on considerable cash from their current operations in order to fund their electric-vehicle ambitions. "
Tesla briefly tops Facebook market value as RBC analyst buckles. According to Bloomberg Quint on Thursday, 7 January, "Facebook shares rose as much as 3.2% on Thursday while Tesla jumped 7.4% to an all-time high.", "Elon Musk-led Tesla has been on a stunning run over the past year, recording a 743% gain in its stock in 2020 as the company blew past several key milestones, got added to the S&P 500 Index and benefited from a growing view among consumers and market watchers that electric cars will dominate the future auto industry."
Tesla stock tops $800 as more analysts get on the bandwagon. According to MarketWatch on Thursday, 7 January, "Analysts at RBC Capital, led by Joseph Spak, raised their rating on Tesla stock to their equivalent of hold, from sell, and set a price target of $700, from a previous $339.", "A Blue Senate is very bullish and a potential ‘game changer’ for Tesla and the overall EV sector, with a more green-driven agenda now certainly in the cards for the next few years," Wedbush analyst Dan Ives said in a note Thursday."
Day-trader heaven arrives as Tesla, Bitcoin and stock options surge. According to Bloomberg Quint on Thursday, 7 January, "Meanwhile, day trader favorite Tesla Inc. rose for a 10th straight session, matching its longest ever winning streak as the electric-vehicle maker powered to record highs.", "A Tesla call with an $800 strike price expiring on Friday was Thursday’s second-most traded contract. "
How cleanspark technology helps store solar energy in Tesla batteries. According to Business Insider on Thursday, 7 January, "As part of the development, CleanSpark’s mPulse system will helpthe manufacturer cut costs and store solar power in Tesla Inc (NASDAQ:TSLA) batteries.", "It allows them to generate power through solar and then store that power in the Tesla battery system controlled by our software," Schultz noted."