Shares of Tesla rose 3.67% to $679.99 at 09:47 EST on Friday, after two successive sessions in a row of losses. The Nasdaq Stock Market is jumping 0.84% to $12,764.80, after four sequential sessions in a row of gains. This seems, as yet, a somewhat positive trend trading session today.
Tesla’s last close was $622.77, 3.92% below its 52-week high of $654.32.
News about Tesla today
Tesla joins the s&p 500: five things to watch. According to today’s article on The Wall Street Journal, "Tesla’s addition to the S&P 500 coincides with quadruple witching, which occurs four times a year and refers to the day that options and futures on both indexes and stocks expire simultaneously. ", "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 today’s article on Business Insider, "Tesla did not immediately reply to Business Insider’s request for comment.", "The group had previously ranked Tesla top of its Corporate Equality Index (CEI), which measures workplaces on their LGBTQ non-discrimination policies."
Citadel trading chief says Tesla is risk to other s&p 500 stocks. According to today’s article on Bloomberg Quint, "Since the stock it’s replacing — Apartment Investment and Management Co. — is only a tiny fraction of Tesla’s size, all other constituents are at risk of feeling the pinch.", "Tesla Going in S&P 500 Is What the Smart-Beta Geeks Warned About"
Bets on Apple, Tesla, zillow and more techs will pay off in 2021, 1 analyst says. According to today’s article on MarketWatch, "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. "
Tesla’s sales growth is 35.4% for the present quarter and 59.8% for the next. The company’s growth estimates for the present quarter and the next is 114.6% and 265.2%, respectively.
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 $679.99 at 09:47 EST, higher than its 52-week high of $654.32.
Tesla’s Moving Average
Tesla’s value is way higher than its 50-day moving average of $511.20 and way above its 200-day moving average of $378.53.
Previous days news about Tesla
VW CEO pits world’s largest car plant against new Tesla site. According to Bloomberg Quint on Tue Dec 15, "Volkswagen AG Chief Executive Officer Herbert Diess told top managers the German manufacturer will pit its largest plant against the Tesla Inc. factory that’s under construction near Berlin, according to people familiar with the matter."
FA center: why Tesla bulls are in the driver’s seat as the stock nears inclusion in the s&p 500. According to MarketWatch on Wed Dec 16, "But try telling that to Tesla bulls, who at least so far have enjoyed the last laugh at short-sellers’ expense. ", "That is the metric I used to construct the table below, which shows the top 10 stocks in a ranking (from highest to lowest) of all S&P 500 stocks. If Tesla"
Goldman says Tesla inclusion won’t make s&p 500 much pricier. According to Bloomberg Quint on Thu Dec 17, "Tesla shares have surged 644% this year, pushing the company’s market value close to $600 billion, of which about 80% is floating. ", "Tesla Inc.’s entry into the S&P 500 Index next week won’t make the U.S. benchmark as expensive as investors might expect, Goldman Sachs Group Inc. says."
Tesla going in s&p 500 is what the smart-beta geeks warned about. According to Bloomberg Quint on Thu Dec 17, "You don’t need to be a smart-beta theoretician to take issue with the handling of Tesla. ", "Historically, one of their answers has been to build indexes that strip out market-value biases — gauges in which a titan like Tesla is given the same weight as a relatively tiny stock such as Under Armour Inc. Atop those, they layer in screens to focus indexes on companies that, say, pay the highest dividends or trade cheapest to earnings. "
Tesla only U.S. automaker meeting brake-safety commitment early. According to Bloomberg Quint on Thu Dec 17, "Tesla Inc. is the lone U.S. automaker to meet a commitment to equip all its models with automatic emergency braking almost two years ahead of schedule, as Detroit automakers lag behind the safety leaders.", "Tesla is among 10 companies that have already fulfilled a promise to federal regulators to install the safety technology on its vehicles by Sept. 1, 2022, according to Consumer Reports magazine and the Insurance Institute for Highway Safety. "
Tesla upgraded by s&p after cash levels soar to record high. According to Bloomberg Quint on Thu Dec 17, "S&P assigned a positive outlook, saying there is at least a 33% chance that Tesla could be upgraded again in the next year if its competitive advantage "strengthens meaningfully," analysts Lawrence Orlowski and Nishit Madlani said in a report Thursday.", "Read more: Tesla’s accelerating toward high grade road at S&P: Credit React"