Shares of Tesla rose 3.05% to $675.91 at 13:42 EST on Friday, following yesterday’s upward trend. The Nasdaq Stock Market is sliding 0.21% to $12,738.30, after four successive sessions in a row of gains. This seems, as yet, a somewhat rough trend exchanging session today.
Tesla’s last close was $655.90, 1.30% under its 52-week high of $684.73.
News about Tesla today
Tesla joins the s&p 500: five things to watch. According to today’s article on The Wall Street Journal, "Because of the firm’s size and the volatility of its shares, Tesla’s addition may ripple through the market in additional, unpredictable ways, traders said.", "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. "
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’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 received full marks on the HRC’s ranking this year, and is also a signatory of a HRC coalition of leading US employers that support legislation giving more federal protection to LGBTQ people."
Citadel trading chief says Tesla is risk to other s&p 500 stocks. According to today’s article on Bloomberg Quint, "To Howard Silverblatt, senior index analyst at S&P Dow Jones, the Tesla trade is the easier one to execute for professionals because it’s just a matter of how much they are willing to pay. ", "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 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. "
Stock market hit records as wall street kicks off trade in quadruple-witching Friday; Tesla set to enter the s&p 500. According to today’s article on MarketWatch, "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 today’s article on The Wall Street Journal, "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 today’s article on Bloomberg Quint, "Tesla Inc. halted some construction work at its German plant project after failing to make a security deposit with local authorities.", "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. "
Tesla gains 4% to record-highs ahead of its unprecedented inclusion in s&p 500 index. According to today’s article on Business Insider, "Shares of Tesla are up 684% year-to-date as of Thursday’s close, while the S&P 500 is up 15% over the same period.", "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. "
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 today’s article on MarketWatch, "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."
Tesla’s sales growth is 35.4% for the ongoing 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.
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 $675.91 at 13:42 EST, under its 52-week high of $684.73 and way higher than its 52-week low of $70.10.
Tesla’s Moving Average
Tesla’s value is way higher than its 50-day moving average of $518.34 and way higher than its 200-day moving average of $380.50.
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. ", "In January 2020 Tesla was the most heavily shorted U.S. stock, with 18.2% of its float (total tradable shares) sold short. "
Goldman says Tesla inclusion won’t make s&p 500 much pricier. According to Bloomberg Quint on Thu Dec 17, ""Given Tesla’s large size and elevated multiple, many investors erroneously intuit that the company’s inclusion into the S&P 500 will lift the index’s current 22x P/E multiple — which already registers close to the highest levels on record — by two multiple turns or more," Kostin and his colleagues wrote. ", "Tesla shares have surged 644% this year, pushing the company’s market value close to $600 billion, of which about 80% is floating. "
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. ", ""When people say, ‘When is the Tesla bubble going to burst?’ "
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, "Tesla raised $5 billion in an equity sale earlier this month to capitalize on a surge in its shares that pushed the company into the S&P 500. ", "The rater raised Tesla one notch to BB, in line with that of Moody’s Investors Service. "