Shares of Tesla jumped 3.15% to $676.55 at 14:43 EST on Friday, following yesterday’s upward trend. The Nasdaq Stock Market is dropping 0.37% to $12,717.30, after four sequential sessions in a row of gains. This seems, as yet, a somewhat rough trend trading session today.
Tesla’s last close was $655.90, 1.21% below 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, "Tesla Inc. will officially join the S&P 500 Monday, likely precipitating a frenzied Friday afternoon in markets.", "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 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 today’s article on Bloomberg Quint, "While that may not sound like a lot, imagine if the selling flares up in the final minutes of Friday’s session, the last window of trading before Tesla’s entry. ", "Since S&P Dow Jones announced the news of Tesla’s addition on Nov. 16, the stock has rallied more than 60%. "
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 is also still waiting for a decision from a Berlin court related to the same tree-clearing, after two environmental groups complained the company isn’t doing enough to protect local lizards and snakes."
Tesla gains 4% to record-highs ahead of its unprecedented inclusion in s&p 500 index. According to today’s article on Business Insider, "The electric vehicle manufacturer will be snapped up by index funds throughout the day on Friday as the S&P 500’s inclusion of Tesla is made effective before the market open on Monday.", "There should be plenty of liquidity to absorb the buying pressure in Tesla on Friday, as the rebalancing day coincides with quadruple witching, or the day that options and futures on both indexes and stocks expire simultaneously. "
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."
Buying Tesla as it heads into the s&p 500? here's one analysis you should read. According to today’s article on MarketWatch, "Joining the S&P puts Tesla in countless index-tracking funds, rippling to the many managed funds that have had to add Tesla to their holdings to balance them.", "S&P Dow Jones Indices announced Tesla’s inclusion on Nov. 16, after snubbing the company in an earlier rebalance. "
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 $676.55 at 14:43 EST, under its 52-week high of $684.73 and way above its 52-week low of $70.10.
Tesla’s Moving Average
Tesla’s worth is way above 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, "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", "More: Tesla may be ‘most remarkable’ stock market ‘story of them all’, says strategist"
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 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, "A lot of those gains can be chalked up to investors anticipating that Tesla would be added to the S&P 500, given that the company’s profits and production levels have been "utterly mundane" this year, Arnott said. ", "And looking at over 30 years of S&P 500 history, the best time to sell Tesla would be on the day after its entry. "
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, "Read more: Tesla’s accelerating toward high grade road at S&P: Credit React", "The rater raised Tesla one notch to BB, in line with that of Moody’s Investors Service. "