Shares of Tesla jumped 4.39% to $636.79 at 15:11 EST on Monday, following yesterday’s downward trend. The Nasdaq Stock Market is rising 0.96% to $12,496.70, following yesterday’s downward trend, This seems, up to now, a somewhat positive trend exchanging session today.
Tesla’s last close was $609.99, 2.75% below its 52-week high of $654.32.
Tesla’s sales growth is 35.4% for the current 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 Top and Bottom Yearly Value
Tesla’s stock is valued at $636.79 at 15:11 EST, below its 52-week high of $654.32 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 $495.33 and way above its 200-day moving average of $369.98.
Previous days news about Tesla
Tesla equity sale comes at a good time for index-fund trackers. According to Bloomberg Quint on Wed Dec 9, "Tesla is expected to use the money to fund its investment program, after the company more than doubled its planned spending on plants and equipment this year.", "With $22 billion worth of shares changing hands each day, Tesla is the highest-volume stock on U.S. exchanges over the past three months, data compiled by Bloomberg show. "
Tesla shares are ‘dramatically overvalued,’ jpmorgan says. According to Bloomberg Quint on Wed Dec 9, "Brinkman raised his price target on Tesla to $90 from $80, citing the $5 billion at-the-market offering announced on Tuesday, and maintained the sell-equivalent rating on the stock. ", "The analyst pointed out that in the past two years Tesla shares have risen over 800%. "
'not only overvalued, but dramatically so': Tesla stock should be avoided ahead of the automaker's s&p 500 inclusion, jpmorgan says. According to Business Insider on Wed Dec 9, "The company’s market cap exceeds the combined valuation of Volkswagen and Toyota, but Tesla’s sold only 400,000 vehicles in 2019 to the two automakers’ 21.8 million.", "Tesla traded at $635.86 per share as of 11:40 a.m. "
Tesla gets go-ahead to resume clearing trees for german plant. According to Bloomberg Quint on Thu Dec 10, "Tesla is clearing the land for stockpiling and the installation of pipelines needed for construction of the factory, local authorities said last month when approving the works.", "Any major delays would be bad news for Tesla, which is on an ambitious timetable to have the plant up and running by the middle of next year. "
Steel dynamics jumps on report it will supply Tesla truck steel. According to Bloomberg Quint on Thu Dec 10, "The reports do not give the volume or value of steel the company would supply, but they do note that Tesla, the biggest U.S. electric-vehicle maker, plans to produce its electric pickup truck in late 2021, which would correspond with Steel Dynamics’ plan to open its mill by the middle of the year.", "A potential supply agreement, reported previously by local outlet 3News and the blog Electrek, would send metal from Steel Dynamics’ new plant in Sinton, Texas, currently under construction to Tesla’s new factory, which is also being built in the state. "
Tesla completes $5 billion stock sale in one day. According to MarketWatch on Thu Dec 10, "Tesla Inc. completed the sale of $5 billion of its common stock on Wednesday, the company said in a filing late Thursday. ", "Tesla shares have rallied 650% this year, compared with gains around 15% for the S&P 500 index. "
Tesla stock falls after jefferies downgrade: 'we don't believe in Tesla domination'. According to MarketWatch on Fri Dec 11, "Houchois argued that the auto industry’s size is one other factor that could hold Tesla back from “domination.” ", "Tesla shares have surged 650% so far this year as the S&P 500 has risen 14%."
Tesla to replace apartment investment and management in s&p 500. According to MarketWatch on Fri Dec 11, "See also: Tesla stock to be added all at once to S&P 500", "Tesla is set to join the S&P 500 , the broader U.S. equity benchmark, in a little over a week on Dec. 21, at which point Apartment Investment and Management , a real estate investment trust, slides to the S&P 400 Mid Cap index , index manager S&P Dow Jones Indices said late Friday."
Tesla to replace real-estate stock in s&p 500. According to The Wall Street Journal on Fri Dec 11, "The swap is due to take effect before the start of trading Dec. 21, according to S&P Dow Jones Indices, which outlined the final details of its plans for Tesla’s induction late Friday.", "But in the case of Tesla, the switch isn’t as simple as buying one stock and selling another for the fund managers who track the index."
Elon Musk's move to texas is a publicity stunt that reveals how Tesla is maturing as an automaker. According to Business Insider on Sat Dec 12, "Nobody in their right industrial mind would put a new car plant in California, so Tesla was an outlier. ", "As for Musk actually living in Texas … well, he’s been selling off all his residences in California, and these days, he seems to spend much of his time jetting between the Bay Area, Los Angeles, Nevada (where Tesla’s battery factory is located), China, Europe – you get the idea. "
Tesla to replace apartment investment and management REIT upon its inclusion in the s&p 500 index later this month. According to Business Insider on Sat Dec 12, "Tesla stock is up 629% year-to-date. ", "Tesla will also replace Occidental Petroleum when it’s added to the S&P 100 index later this month, S&P said. "
Musk calls on Tesla workers to boost output through end of year. According to Bloomberg Quint on Sat Dec 12, "Tesla said it would meet its goal of delivering half a million cars worldwide this year during October’s earnings report. ", "Tesla’s shares have surged more than 600% this year amid a streak of consecutive quarterly profits. "