Shares of Tesla dropped 1.19% to $632.22 at 13:22 EST on Tuesday, following yesterday’s upward trend. The Nasdaq Stock Market is jumping 0.67% to $12,523.00, following yesterday’s upward trend, This seems, up until now, a somewhat positive trend trading session today.

Tesla’s last close was $639.83, 3.50% below its 52-week high of $654.32.

Tesla’s Sales

Tesla’s sales growth is 35.4% for the current 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.

Tesla’s Revenue

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 $632.22 at 13:22 EST, below its 52-week high of $654.32 and way higher than its 52-week low of $70.10.

Tesla’s Moving Average

Tesla’s worth is way above its 50-day moving average of $499.46 and way above its 200-day moving average of $373.42.

Previous days news about Tesla

Tesla gets go-ahead to resume clearing trees for German plant. According to Bloomberg Quint on Thu Dec 10, “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. “, “Tesla Inc.’s legal headache in Germany is growing more painful after a court ordered the carmaker to halt logging at a construction site, raising the risk of delays to Elon Musk’s first electric-car factory in Europe.”

Steel dynamics jumps on report it will supply Tesla truck steel. According to Bloomberg Quint on Thu Dec 10, “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. “, “Steel Dynamics Inc. shares jumped on a report that its new Texas plant could soon be supplying Tesla Inc. with steel for its upcoming truck, thrusting the producer into the automotive market in a big way.”

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.” “, “The downgrade comes after Tesla announced a $5 billion at-the-market offering Tuesday morning and then subsequently disclosed that on Dec. 18 and it will begin trading Dec. 21. ”

Tesla to replace apartment investment and management in s&p 500. According to MarketWatch on Fri Dec 11, “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.”, “See also: Tesla stock to be added all at once to S&P 500”

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, “So last week’s news that CEO Elon Musk is moving to Texas, where Tesla is preparing to build a new factory, wasn’t exactly shocking. “, “So Tesla is bulking up: It brought a factory online in China in 2019, and has new plants slated for Germany and Texas.”

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, “Funds that are benchmarked to the S&P 500 could also spur demand for Tesla stock. “, “The S&P Index Committee told investors late last month it decided to include Tesla to the S&P 500 Index.”

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 didn’t immediately respond to a request for comment Saturday.”


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