NASDAQ Composite opens in less than one hour and Tesla’s pre-market value is already 1.51% up.
The last session, NASDAQ Composite finished with Tesla jumping 2.23% to $844.55. NASDAQ Composite rose 1.53% to $13,197.18, following last session’s upward trend on what was an all-around positive trend trading session.
Tesla’s last close was $826.16, 4.73% under its 52-week high of $884.49.
News about Tesla today
Mercedes joins Tesla, VW in compact electric-car race. According to today’s article on Bloomberg Quint, "Unlike Tesla Inc.’s Model 3 or Volkswagen AG’s ID.3, the EQA is based on technology from an existing combustion-engine car. ", "Elon Musk has signaled Tesla might start making a hatchback for Europe at its factory that’s under construction near Berlin, which would further up the pressure on domestic manufacturers."
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 a negative 2.28%, a negative 1.31%, and a positive 1.30%, respectively.
Tesla’s last day, last week, and last month’s high and low average amplitude percentage was 4.98%, 4.50%, and 4.59%, respectively.
Previous days news about Tesla
Tesla starts delivering China-made model Y crossover. According to The Wall Street Journal on Monday, 18 January, "State-run Xinhua News Agency also reported that Tesla started to deliver the locally-made crossovers on Monday. ", "SHANGHAI- Tesla Inc. delivered its first made-in-China Model Y compact crossover vehicles on Monday, the latest milestone in the American company’s drive into the world’s largest market for electric cars."
Tesla starts delivery of China-manufactured model Y. According to Business Insider on Monday, 18 January, "The company had started building Tesla Model 3 sedan at its Gigafactory in Shanghai, China in late 2019. "
VW goes head-to-head with Tesla in China with new electric SUV. According to Bloomberg Quint on Tuesday, 19 January, "The car is cheaper than Tesla Inc.’s recently launched Model Y crossover, which starts at 339,900 yuan and isn’t eligible for subsidies."
Will Tesla and Bitcoin double in price or fall 50%? this is what investors think. According to MarketWatch on Tuesday, 19 January, "And electric-car maker Tesla has gained 17% so far in 2021, after around a 700% gain last year."
Tesla faces bumpier ride breaking into India after China success. According to Bloomberg Quint on Tuesday, 19 January, "Although India is Asia’s third-biggest economy and home to a budding middle class, it hasn’t rolled out the welcome mat for EVs, unlike neighbor China, where Tesla set up its first factory outside of the U.S. and now dominates electric-car sales.", "According to Rajeev Singh, a partner and automotive leader at Deloitte India, Tesla is already a well-known name — "there’s a pull from the brand perspective" — and India’s luxury car segment is also poised to grow by around 15% over the next five to seven years, about double that of the total market, Deloitte forecasts."