Shares of Tesla dropped 4.75% to $661.99 at 14:36 EST on Monday, after two sequential sessions in a row of gains. The Nasdaq Stock Market is dropping 0.16% to $12,735.40, following yesterday's downward trend, This seems, as yet, a somewhat rough trend trading session today.
Tesla's last close was $695.00, 4.99% below its 52-week high of $695.00.
News about Tesla today
Tesla drops 4.5% in first day of trading on the s&p 500 index. According to today's article on Bloomberg Quint, "Traders who spent most of the year pushing up shares of Tesla in anticipation of surging demand from index funds saw its climax Friday, as frantic purchases by passive managers drove the shares up almost 5% as exchanges closed. ", "Read more: Hungry Index Funds Cram Tesla Into the S&P 500 at a Record High"
Tesla is technically the 'spiders' 5th highest weighted component. According to today's article on MarketWatch, "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 Inc. is technically a lot smaller than Google-parent Alphabet Inc. , but it technically carries a higher weighting in the SPDR S&P 500 ETF (SPY), given that Alphabet's weightings are split between its Class A and Class C shares. "
Tesla, Zoom, Nike: what to watch when the stock market opens today. According to today's article on The Wall Street Journal, "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 today's article on CNBC, "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 today's article on Bloomberg Quint, "Tesla Inc.'s entry to the S&P 500 may be stoking relentless controversy, but in a specialized market for risk assets the electric-car maker is eliciting cheers all round.", "For example, Tesla's first convertible was a $600 million issue in May 2013 with a conversion price of $124.52. "
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 today's article on MarketWatch, "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 today's article on MarketWatch, "Earlier this year, Tesla and Apple announced stock splits. ", "See also: Here's how Tesla's S&P 500 inclusion may play out"
Tesla shares slide on first day of trading in s&p 500. According to today's article on The Wall Street Journal, "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.", "For Tesla investors, Monday's slide was a small dent in what has been an otherwise blockbuster year of gains. "
Tesla stock has made its debut in the s&p 500. do you know if you're an owner?. According to today's article on MarketWatch, "Investors in these ETFs this morning "may have had either an early Christmas present or a lump of coal," Rosenbluth told MarketWatch, depending on their views of Tesla - and of the stocks that made way for it in the portfolio.", "But there are plenty of other, smaller, exchange-traded funds that represent "slices of the market," in the words of Todd Rosenbluth, CFRA's director of mutual fund and ETF research, whose holders may be surprised to find that they are suddenly owners of Tesla shares."
Bearish bets against Tesla stock have fallen to a record low, data provider says. According to today's article on MarketWatch, "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.", "That said, the analyst says Tesla likely will be tested in the coming days and weeks."
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 $661.99 at 14:36 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 $530.53 and way above its 200-day moving average of $387.14.Previous days news about Tesla
Tesla joins the s&p 500: five things to watch. According to The Wall Street Journal on Fri Dec 18, "Tesla Inc. will officially join the S&P 500 Monday, likely precipitating a frenzied Friday afternoon in markets.", "These heavy volumes will boost liquidity and will likely help smooth the addition of Tesla to the S&P, traders have said."
Elon Musk should apologize for 'insensitive' comments mocking gender pronouns, says a group that ranked Tesla as a top lgbtq-friendly workplace. According to Business Insider on Fri Dec 18, "Tesla's CEO Elon Musk should apologize for "insensitive" comments that mocked gender pronouns, LGBTQ activism group the Human Rights Campaign (HRC) told CNBC Thursday.", "Tesla did not immediately reply to Business Insider's request for comment."
Citadel trading chief says Tesla is risk to other s&p 500 stocks. According to Bloomberg Quint on Fri Dec 18, "Money managers may have already started adjusting portfolios in anticipation of the changes, with Tesla's share offering earlier this month providing an opportunity to build positions. ", "While some stocks may suffer dislocations because of Tesla-related selling, Sutton at Citadel is confident the broader market structure is well equipped to handle the turbulence."
Bets on Apple, Tesla, zillow and more techs will pay off in 2021, 1 analyst says. According to MarketWatch on Fri Dec 18, "It's also a big day for Tesla - its stock price at the end of Friday , Ives believes the cutting-edge car maker will find continued success with its Giga 3 factory in China, which is slated to begin deliveries of the Tesla Model Y next month, hitting the 250,000 annual delivery target ahead of expectations.", "But initial reviews of "Cyberpunk 2077" on consoles were terrible, and now Sony has pulled the game - which features Tesla Chief Executive Elon Musk and actor Keanu Reeves - from the PlayStation store. "
Stock market hit records as wall street kicks off trade in quadruple-witching Friday; Tesla set to enter the s&p 500. According to MarketWatch on Fri Dec 18, "The day coincides with high volume and potentially outsize volatility and also comes as Tesla Inc. TSLA is expected to be added to the S&P 500 index following the close of Friday trade."
I'll take Tesla for $1, please. According to The Wall Street Journal on Fri Dec 18, "Let's say you want to invest in Tesla Inc., which joins the S&P 500 next week. "
Tesla forced to halt some berlin site work over missed payment. According to Bloomberg Quint on Fri Dec 18, "Tesla needs to provide a 100 million-euro ($122 million) deposit with local authorities to cover the cost of tearing down the factory if the project doesn't receive final approval, Berlin's Tagesspiegel newspaper reported earlier. ", "Any major delays would be a blow for Tesla's ambitious timetable to have its first European factory up and running by the middle of next year. "
Tesla gains 4% to record-highs ahead of its unprecedented inclusion in s&p 500 index. According to Business Insider on Fri Dec 18, "With a market value of nearly $650 billion as of Friday morning, Tesla will be the largest company ever added to the popular stock market index. ", "Tesla became eligible to be added into the index earlier this year after it posted its fourth straight quarter of profits, in part fueled by its sale of regulatory credits to other automakers who don't yet produce enough EV cars on an annual basis to hit government requirements."
Stock market briefly hits records as wall street kicks off trade in quadruple-witching Friday; Tesla set to enter the s&p 500. According to MarketWatch on Fri Dec 18, "The day coincides with high volume and potentially outsize volatility and also comes as Tesla Inc. is expected to be added to the S&P 500 index following the close of Friday trade."
Buying Tesla as it heads into the s&p 500? here's one analysis you should read. According to MarketWatch on Fri Dec 18, "S&P Dow Jones Indices announced Tesla's inclusion on Nov. 16, after snubbing the company in an earlier rebalance. ", "And since Tesla's fourth-quarter sales report in early January aren't expected "to be a blowout, we would recommend that investors take short-term profits going into Dec. 21," he said."
Dow ends lower but finishes off Friday's worst levels as lawmakers stumble toward coronavirus aid deal; Tesla officially in s&p 500. According to MarketWatch on Fri Dec 18, "The day's trading action also was colored by a monstrous rebalancing of the S&P 500 and a quadruple-witching Friday that comes as Tesla was official gaining inclusion into one of the most exclusive clubs on Wall Street: The S&P 500. ", "Shares of Tesla finished the session gained 0.4%. "
Tesla stock ends with one final rally ahead of s&p 500 debut. According to MarketWatch on Fri Dec 18, "The S&P's index manager announced Tesla's inclusion on Nov. 16, after snubbing the company in an earlier rebalance.", "In fact, that valuation jump since the November announcement is about where Tesla was valued in mid-July, and is more than the market value of 483 S&P 500 companies, or nearly 97% of the companies in the index."
Tesla jumps 6% in heavy volume ahead of s&p 500 entry, stock then falls a bit in after hours. According to CNBC on Fri Dec 18, "Amid the heightened volume, Tesla shares rose 5.96% on Friday to close at a record high of $695 after swinging between gains and losses during the final hour of trading. ", "Ahead of Friday's session, S&P Dow Jones Indices estimated that approximately 129.9 million shares of Tesla would need to be purchased by index fund managers, worth more than $85 billion."
Tesla shares hit record after last-minute surge. According to The Wall Street Journal on Fri Dec 18, "Tesla Inc. shares roared to a record high on the eve of their inclusion in the S&P 500, punctuating a 2020 rally that has propelled the electric-car maker into the ranks of the most-valuable U.S. companies.", "Tesla trading was heavy throughout Friday before rising to a fever pitch in the last moments of the market day, when index funds that track the S&P began preparing to purchase billions of dollars worth of Tesla stock to match their holdings with the broad index."
Hungry index funds cram Tesla into the s&p 500 at a record high. According to Bloomberg Quint on Fri Dec 18, "Almost 200 million Tesla shares changed hands in the regular session.", "Mechanical buying by index-tracking funds sent Tesla to a record $695 in the auction used by exchanges to finish trading, about $25 above its average price Friday. "
Musk adds $9 billion to fortune as Tesla set to join s&p 500. According to Bloomberg Quint on Fri Dec 18, "Elon Musk's personal fortune hit a new high Friday as Tesla Inc. prepares to make its debut in the S&P 500 Index.", "Tesla shares have soared 731% this year, closing at a record $695 on Friday. "
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, "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). ", "There are a number of factors that could pop the EV industry's SPAC bubble, according to Whiston, Kim, and Nelson: investors tiring of quarter after quarter of losses, startups failing to gain a foothold in the market while burning through their cash reserves, Tesla's fortunes taking a turn for the worse, interest rates rising."
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, "True, the move does validate Tesla's achievements. ", "In a low-yield world with way too much free money, pumped into the system post-Great Recession by central banks, Tesla has been a cash magnet. "
Tesla bulls double down as stock reaches new heights. According to The Wall Street Journal on Sun Dec 20, "Tesla bulls say the company's potential is limitless and are buying even more stock as shares charge to new highs.", "Tesla has surged 731% this year and reached a record high Friday, padding the wallets of investors who have poured their savings into both the stock and the company's electric cars. "
Tesla enters the s&p 500 with 1.69% weighting in the benchmark, fifth largest. According to CNBC on Sun Dec 20, "Investors, including passive fund managers and active managers that use the S&P 500 as a benchmark, rushed into Tesla shares in the final run-up, pushing the stock up nearly 6% on Friday to close at an all-time high of $695 a share. ", "Goldman Sachs previously estimated that the S&P 500's total return would have been lifted by 2 percentage points had Tesla been a constituent all year. "