Shares of Tesla slid 3.47% to $627.32 at 13:24 EST on Tuesday, following last session's downward trend. The Nasdaq Stock Market is jumping 0.16% to $12,762.70, after two successive sessions in a row of losses. This seems, at the moment, a somewhat positive trend trading session today.
Tesla's last close was $649.86, 10.79% below its 52-week high of $695.00.
Tesla's Sales
Tesla's sales growth is 35.1% for the present quarter and 59.8% for the next. The company's growth estimates for the current quarter and the next is 114.6% and 265.2%, respectively.
Tesla's Revenue
Year-on-year quarterly revenue growth grew by 39.2%, now sitting on 28.18B for the twelve trailing months.
Tesla's Stock Yearly Top and Bottom Value
Tesla's stock is valued at $627.32 at 13:24 EST, under its 52-week high of $695.00 and way above its 52-week low of $70.10.
Tesla's Moving Average
Tesla's value is way higher than its 50-day moving average of $533.94 and way higher than its 200-day moving average of $390.58.
Previous days news about Tesla
Wall street has launched an electric car SPAC craze trying to find the next Tesla. experts warn they're creating the next dot-com bubble.. According to Business Insider on Sat Dec 19, "Tesla is the only US automaker selling vehicles on a large scale that was founded after 1925.", "Many of them have capitalized on soaring interest in the stocks of EV makers Tesla and Nio by going public through mergers with special-purpose acquisition companies (SPACs). "
The S&P 500's decision to include ultra-volatile Tesla in the index is reckless and dangerous. According to Business Insider on Sat Dec 19, "At that, he's succeeded, but to get millions of more Teslas on the road, he's going to have to create a small, cheap, low-or-no profit vehicle for the masses, and at that point, Tesla's elevated valuation could collapse under the burden of having to meet the demand for a car with no margins.", "The great Tesla rebalancing will make it a member of the S&P 500's top 10, provoking a walloping level of trading volume that could drive down the values of many other companies."
Tesla bulls double down as stock reaches new heights. According to The Wall Street Journal on Sun Dec 20, "Tesla is by far the biggest company ever added to the S&P 500; its market value ballooned even before it delivered four consecutive quarters of profits to make it eligible for inclusion.", "Since Tesla went public a decade ago, its market value has surged to $659 billion to become the sixth-largest company in the U.S. market. "
Tesla enters the S&P 500 with 1.69% weighting in the benchmark, fifth largest. According to CNBC on Sun Dec 20, "Meanwhile, as Tesla doesn't pay dividends, the S&P 500's dividend yield will dip to 1.53% from 1.56%, Silverblatt said.", "For every $11.11 Tesla moves, the S&P 500 changes 1 point, according to the index analyst."
Tesla drops 4.5% in first day of trading on the s&p 500 index. According to Bloomberg Quint on Mon Dec 21, "More than $150 billion worth of Tesla shares traded on Friday, ahead of the index inclusion.", "Tesla Inc. shares fell 4.5% in premarket trading on Monday as the electric vehicle maker marks its trading debut on the S&P 500 Index."
Tesla is technically the 'spiders' 5th highest weighted component. According to MarketWatch on Mon Dec 21, "Above Tesla in weightings is Apple Inc. at 6.478904, Microsoft Corp. at 5.289761, Amazon.com Inc. at 4.370437 and Facebook Inc. at 2.126779.", "But Tesla's weighting in the SPY is fifth at 1.686947, compared with Alphabet's Class A shares weighting of 6th at 1.661148 and the Class C shares weighting of 7th at 1.608403. "
Tesla, Zoom, Nike: what to watch when the stock market opens today. According to The Wall Street Journal on Mon Dec 21, "Tesla joins the S&P 500 today after closing at its latest record high on Friday. "
Stocks making the biggest moves in the premarket: Tesla, Nike, JPMorgan chase & more. According to CNBC on Mon Dec 21, "Tesla (TSLA) - Tesla joins the S&P 500 index as of today, following a high-volume day of trading Friday as index fund managers prepared for its inclusion. ", "Tesla will have the 6th largest market cap in the index, behind Apple, Microsoft, Amazon, Alphabet, and Facebook. "
Tesla fuels $166 billion bonanza in a risky corner of finance. According to Bloomberg Quint on Mon Dec 21, "Fueled by the Tesla effect, convertible bonds -- which start life as low-interest debt but can turn into shares if stock prices get high enough -- are poised for one of their best-ever years.", "The eightfold surge in Tesla's shares this year building up to Monday's disruptive debut in the S&P 500 has supercharged the value of its outstanding notes."
Dow loses grip on 30,000 early Monday as investors worry about coronavirus spread; Tesla sees first trade as s&p 500 member. According to MarketWatch on Mon Dec 21, "Markets also are focused on Tesla Inc. , which is seeing its first trading day as an S&P 500 member."
3 takeaways for retail investors now that Tesla has joined the s&p 500. According to MarketWatch on Mon Dec 21, "Tesla officially joined the S&P 500 index on Monday, putting the electric car maker amid the array of the country's 500 largest publicly-traded businesses.", "When it comes to Tesla, a particular fund's exposure to Tesla will dial up as the fund rebalances, explained Thomas Hlohinec, founder and CEO of Rise Financial Partners, based in Philadelphia, Pa."
Tesla shares slide on first day of trading in s&p 500. According to The Wall Street Journal on Mon Dec 21, "Investors in the exchange-traded fund, one of the biggest tracking the benchmark, and other index-tracking ETFs and mutual funds that had missed out on Tesla's rally are now feeling the impact of the car maker's slide on Monday.", "The electric-car maker's shares slumped 5.1% in morning trading, suggesting some investors were cashing out following Tesla's addition to the S&P 500. "
Tesla stock has made its debut in the s&p 500. do you know if you're an owner?. According to MarketWatch on Mon Dec 21, "The chart below shows a few of the ETFs tied to the S&P 500 that have already made room for Tesla in their holdings.", "See: Tesla's biggest bull stampedes to a $7,000 price target"
Bearish bets against Tesla stock have fallen to a record low, data provider says. According to MarketWatch on Mon Dec 21, "Tesla has begun charting a familiarly bumpy path as a new member of an old stock index on Monday.", "Still, those moves pale in comparison to Tesla's surge, which entered the S&P 500 as one of the largest companies in history and the fifth or sixth largest constituent currently."
