Shares of Tesla fell 5.6% to $656.09 at 11:46 EST on Monday, after two successive sessions in a row of gains. The Nasdaq Stock Market is sliding 1.21% to $12,601.30, following yesterday’s downward trend, This seems, so far, an all-around rough trend exchanging session today.
Tesla’s last close was $695.00, 5.93% under its 52-week high of $695.00.
News about Tesla today
Tesla drops 4.5% in first day of trading on the s&p 500 index. According to today’s article on Bloomberg Quint, "At the end of the day, Tesla shares closed at an all-time high. ", "According to Susquehanna quantitative derivative strategist Souhow Yao, the inclusion will have a limited impact on implied volatility, and that if Tesla was added a month ago, volatility for the S&P 500 would have actually decreased."
Tesla is technically the 'spiders' 5th highest weighted component. According to today’s article on MarketWatch, "But Tesla’s weighting in the SPY is fifth at 1.686947, compared with Alphabet’s Class A shares weighting of 6th at 1.661148 and the Class C shares weighting of 7th at 1.608403. ", "Tesla is entering the SPY, affectionately known as the "Spiders," with a market capitalization of $658.79 billion, compared with Alphabet’s market cap of $1.17 trillion, and enough to make it the sixth-most valuable company in the ETF. "
Tesla, Zoom, Nike: what to watch when the stock market opens today. According to today’s article on The Wall Street Journal, "Tesla joins the S&P 500 today after closing at its latest record high on Friday. "
Stocks making the biggest moves in the premarket: Tesla, Nike, JPMorgan chase & more. According to today’s article on CNBC, "Tesla (TSLA) – Tesla joins the S&P 500 index as of today, following a high-volume day of trading Friday as index fund managers prepared for its inclusion. ", "Tesla will have the 6th largest market cap in the index, behind Apple, Microsoft, Amazon, Alphabet, and Facebook. "
Tesla fuels $166 billion bonanza in a risky corner of finance. According to today’s article on Bloomberg Quint, "Fueled by the Tesla effect, convertible bonds — which start life as low-interest debt but can turn into shares if stock prices get high enough — are poised for one of their best-ever years.", "Tesla Inc.’s entry to the S&P 500 may be stoking relentless controversy, but in a specialized market for risk assets the electric-car maker is eliciting cheers all round."
Dow loses grip on 30,000 early Monday as investors worry about coronavirus spread; Tesla sees first trade as s&p 500 member. According to today’s article on MarketWatch, "Markets also are focused on Tesla Inc. , which is seeing its first trading day as an S&P 500 member."
3 takeaways for retail investors now that Tesla has joined the s&p 500. According to today’s article on MarketWatch, "Don’t miss:Opinion: Now that Tesla is joining the S&P 500, should you buy – or sell?", ""Tesla’s stock will increase due to demand from index funds, but in the end, investors should focus on long-term investing in broadly diversified mutual funds. "
Tesla’s sales growth is 35.1% 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.
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 $656.09 at 11:46 EST, below its 52-week high of $695.00 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 $530.53 and way above its 200-day moving average of $387.14.
Previous days news about Tesla
Tesla joins the s&p 500: five things to watch. According to The Wall Street Journal on Fri Dec 18, "These heavy volumes will boost liquidity and will likely help smooth the addition of Tesla to the S&P, traders have said.", "Tesla Inc. will officially join the S&P 500 Monday, likely precipitating a frenzied Friday afternoon in markets."
Elon Musk should apologize for 'insensitive' comments mocking gender pronouns, says a group that ranked Tesla as a top lgbtq-friendly workplace. According to Business Insider on Fri Dec 18, "The group had previously ranked Tesla top of its Corporate Equality Index (CEI), which measures workplaces on their LGBTQ non-discrimination policies.", "Musk also shared a 2017 tweet from his electric vehicle company Tesla that included a link to the HRC’s Corporate Equality Index (CEI) index, saying the company was "very proud" of its score, and that LGBTQ inclusion was an "important part" of its culture."
Citadel trading chief says Tesla is risk to other s&p 500 stocks. According to Bloomberg Quint on Fri Dec 18, "While S&P 500 members get shuffled frequently, Tesla’s enormous size adds an unusual layer of uncertainty this time. ", "After consulting with the financial community, S&P Dow Jones Indices decided that Tesla will join the traditional way: in one shot, before markets open on Monday. "
Bets on Apple, Tesla, zillow and more techs will pay off in 2021, 1 analyst says. According to MarketWatch on Fri Dec 18, "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 MarketWatch on Fri Dec 18, "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 The Wall Street Journal on Fri Dec 18, "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 Bloomberg Quint on Fri Dec 18, "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 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 Business Insider on Fri Dec 18, "Tesla became eligible to be added into the index earlier this year after it posted its fourth straight quarter of profits, in part fueled by its sale of regulatory credits to other automakers who don’t yet produce enough EV cars on an annual basis to hit government requirements.", "With more than $10 trillion either indexed or benchmarked to the S&P 500, a buying spree of about $80 billion in Tesla shares will occur throughout the day on Friday, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices."
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 MarketWatch on Fri Dec 18, "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 MarketWatch on Fri Dec 18, "Thus far, Tesla’s appreciation has been the more spectacular, including more than 230% over the past six months, when hopes were high the company would join the index after meeting criteria that included longer-term profitability.", "S&P Global Ratings upgraded its rating on Tesla bonds to BB, leaving the company’s measure of creditworthiness only two rungs away from the coveted investment-grade classification."
Dow ends lower but finishes off Friday's worst levels as lawmakers stumble toward coronavirus aid deal; Tesla officially in s&p 500. According to MarketWatch on Fri Dec 18, "The day’s trading action also was colored by a monstrous rebalancing of the S&P 500 and a quadruple-witching Friday that comes as Tesla was official gaining inclusion into one of the most exclusive clubs on Wall Street: The S&P 500. ", "Shares of Tesla finished the session gained 0.4%. "
Tesla stock ends with one final rally ahead of s&p 500 debut. According to MarketWatch on Fri Dec 18, "Tesla rose 6% to end at a record $695 on Friday, reversing course from earlier in the day and gathering most of its steam in the final moments of trading.", "Tesla Inc. stock ended its pre-S&P 500 index’s era with one final rally and plenty of investor interest."
Tesla jumps 6% in heavy volume ahead of s&p 500 entry, stock then falls a bit in after hours. According to CNBC on Fri Dec 18, "Amid the heightened volume, Tesla shares rose 5.96% on Friday to close at a record high of $695 after swinging between gains and losses during the final hour of trading. ", "Based on Tesla’s Friday average price of $679.85, more than $131 billion worth of stock changed hands."
Tesla shares hit record after last-minute surge. According to The Wall Street Journal on Fri Dec 18, "Tesla Inc. shares roared to a record high on the eve of their inclusion in the S&P 500, punctuating a 2020 rally that has propelled the electric-car maker into the ranks of the most-valuable U.S. companies.", "Tesla shares soared in the morning before slumping in late-afternoon trading and trading in and out of the red throughout the last hour. "
Hungry index funds cram Tesla into the s&p 500 at a record high. According to Bloomberg Quint on Fri Dec 18, "At the end of the day, Tesla shares closed at an all-time high.", "Mechanical buying by index-tracking funds sent Tesla to a record $695 in the auction used by exchanges to finish trading, about $25 above its average price Friday. "
Musk adds $9 billion to fortune as Tesla set to join s&p 500. According to Bloomberg Quint on Fri Dec 18, "Read more: Hungry Index Funds Cram Tesla Into the S&P 500 at a Record High", "A late jump in Tesla’s share price pushed Musk’s net worth up almost $9 billion to $167.3 billion, according to the Bloomberg Billionaires Index. "
Wall street has launched an electric car SPAC craze trying to find the next Tesla. experts warn they're creating the next dot-com bubble.. According to Business Insider on Sat Dec 19, "Tesla is the only US automaker selling vehicles on a large scale that was founded after 1925.", "There are a number of factors that could pop the EV industry’s SPAC bubble, according to Whiston, Kim, and Nelson: investors tiring of quarter after quarter of losses, startups failing to gain a foothold in the market while burning through their cash reserves, Tesla’s fortunes taking a turn for the worse, interest rates rising."
The s&p 500's decision to include ultra-volatile Tesla in the index is reckless and dangerous. According to Business Insider on Sat Dec 19, "Tesla’s stock has been on an epic tear for all of 2020. ", "CNBC’s Bob Pisani provided a snappy breakdown of the numbers, but the bottom line is that the index’s managers decided to add Tesla all at once, to the tune of $72 billion. "
Tesla bulls double down as stock reaches new heights. According to The Wall Street Journal on Sun Dec 20, "Tesla has surged 731% this year and reached a record high Friday, padding the wallets of investors who have poured their savings into both the stock and the company’s electric cars. ", "Tesla is by far the biggest company ever added to the S&P 500; its market value ballooned even before it delivered four consecutive quarters of profits to make it eligible for inclusion."
Tesla enters the s&p 500 with 1.69% weighting in the benchmark, fifth largest. According to CNBC on Sun Dec 20, "Tesla’s entry is the largest ever for the influential stock index, and perhaps the most dramatic.", "Tesla shares have soared more than 730% this year, bringing the company’s market capitalization to more than $658 billion. "