Shares of Tesla jumped 5.84% to $858.54 at 13:44 EST on Tuesday, following last session’s downward trend. NASDAQ Composite is dropping 0.01% to $13,035.44, following last session’s downward trend, This seems, as yet, a somewhat rough trend trading session today.
Tesla’s last close was $811.19, 3.02% below its 52-week high of $884.49.
News about Tesla today
Nio stock pulls back after Citigroup downgrades on Tesla competition concerns. According to today’s article on MarketWatch, "Shares of Nio Inc. slipped 1.0% in premarket trading Tuesday, pulling back slightly after back-to-back record closes, after Citigroup analyst Jeff Chung backed away from his bullish stance on the China-based electric vehicle maker, citing concerns over competition from Tesla Inc. . "
Nio stock pulls back after a Citigroup downgrade over Tesla competition concerns. According to today’s article on MarketWatch, "Shares of Nio Inc. slipped 1.0% in premarket trading Tuesday, pulling back slightly after back-to-back record closes, after Citigroup analyst Jeff Chung backed away from his bullish stance on the China-based electric vehicle maker, citing concerns over competition from Tesla Inc. . "
Men are more likely than women to invest in companies like Tesla. here's why. According to today’s article on MarketWatch, "Upon raising the bank’s price target for Tesla earlier this week to $900, Murphy and his team of analysts wrote: "The higher the upward spiral of [Tesla’s] stock goes, the cheaper capital becomes to fund growth, which is then rewarded by investors with a higher stock price.", "An even more blatant example of momentum-based thinking appeared in the lead story on MarketWatch on Monday: "He began buying Tesla at $7.50, and now he’s retiring at age 39 with $12 million. "
Hunt for the next Tesla fuels wave of electric-vehicle deals. According to today’s article on Bloomberg Quint, "EV company valuations are soaring as investors hunt for the next Tesla Inc., which saw its market capitalization reach a record $834 billion last week, topping Facebook Inc. The mania has even lifted companies with no profits to speak of — such as Nikola Corp. and Lordstown Motors Corp. That’s encouraged automakers in need of capital to go public via SPACs, while others expand their market share through strategic partnerships."
Tesla incorporates local unit to start selling cars in India. According to today’s article on Bloomberg Quint, "India has been long wooing Tesla to set up a factory to underscore the Narendra Modi-led government’s focus on bringing investments and creating jobs. ", "But he tweeted last year that Tesla would definitely launch its cars in India in 2021. "
Billionaire investor howard marks says individual investors should 'absolutely cut back' their Tesla shares if they've already made huge gains. According to today’s article on Business Insider, "If he bought Tesla two years ago, he probably has a huge gain, it’s probably a very disproportionate amount of his financial net worth, he should absolutely cut back.", "Individual investors who have profited immensely off of their Tesla stock should "absolutely cut back," said legendary investor Howard Marks during a Bloomberg TV interview on Tuesday. "
Tesla’s sales growth is 38.1% for the current quarter and 59.8% for the next. The company’s growth estimates for the present quarter and the next is 131.7% and 282.6%, respectively.
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 8.49%, a positive 2.17%, and a positive 1.43%, respectively.
Tesla’s last day, last week, and last month’s high and low average amplitude percentage was 6.32%, 4.71%, and 4.99%, respectively.
Tesla’s Stock Yearly Top and Bottom Value
Tesla’s stock is valued at $858.54 at 13:44 EST, below its 52-week high of $884.49 and way above its 52-week low of $70.10.
Tesla’s Moving Average
Tesla’s value is way above its 50-day moving average of $654.14 and way above its 200-day moving average of $443.59.
Previous days news about Tesla
Billionaire investor chamath palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. here are the 15 best quotes.. According to Business Insider on Saturday, 9 January, "When that goes pear-shaped, Tesla will double and triple again." – arguing that Tesla is a clean-energy company that will eventually capture a chunk of the fossil-fuel industry’s value.", "Billionaire investor Chamath Palihapitiya predicted Tesla stock will double or triple and Bitcoin will soar five-fold during an interview on CNBC’s "Halftime Report" this week."
Tesla China rival nio ups competition with new electric sedan. According to Bloomberg Quint on Saturday, 9 January, "While Tesla "maintains its ambition to become a Volkswagen or Ford in electric-vehicle manufacturing, we will insist on producing premium cars," he said.", "That compares with 265,740 yuan for an entry-level Tesla Model 3, built in China. "
Here's what nio's first sedan to rival Tesla in China looks like. According to CNBC on Saturday, 9 January, "Nio’s et7 sedan can work with the company’s new autonomous driving system that features camera resolution of 8 megapixels – versus 1.2 megapixels for Tesla – and Nvidia processing chips that offer processing power greater than that of seven Tesla full self-driving computers, Li claimed."
Sensei gets uma thurman, Tesla board member as investors. According to Bloomberg Quint on Monday, 11 January, "Sensei Biotherapeutics Inc. won actress Uma Thurman and Tesla board member Steve Jurvetson as new investors ahead of a potential initial public offering in coming months."
Tesla skeptics are capitulating. According to Bloomberg Quint on Monday, 11 January, "To Tesla supporters these mea culpas will be seen as confirmation that auto sector analysts have never properly understood the company. ", "Think of Tesla as an ESG or climate-change innovation ETF," says Morgan Stanley’s Adam Jonas who cryptically calls Tesla the "Chosen One."
Tesla stock is falling and in danger of its first decline since before Christmas. According to MarketWatch on Monday, 11 January, "Shares of Tesla Inc. fell 2.1% in premarket trading Monday, which puts them in danger of suffering their first decline in 12 sessions. "
Oracle cofounder larry ellison scores $12 billion gain on his Tesla stock in under 3 years. According to Business Insider on Monday, 11 January, "Oracle cofounder Larry Ellison has racked up a $12 billion gain on his Tesla stock in just over two years.", "Ellison’s Tesla wager has helped lift his fortune to about $81 billion, making him the 10th-richest person in the world, according to the Bloomberg Billionaires Index. "
Stocks making the biggest moves midday: nio, Tesla, Roku, lululemon & more. According to CNBC on Monday, 11 January, "Separately, Bank of America raised its price target on Tesla to $900, up from a prior forecast of $500."
Bitcoin and Tesla have gotten the fed's attention. According to Bloomberg Quint on Monday, 11 January, "Now, the central bank hasn’t said directly that it’s worried about the surging price of Tesla shares and Bitcoin, and it likely never will."