Shares of Tesla rose 4.15% to $635.33 at 10:59 EST on Monday, following yesterday’s downward trend. The Nasdaq Stock Market is rising 1.27% to $12,535.60, following yesterday’s downward trend, This seems, as yet, an all-around positive trend exchanging session today.
Tesla’s last close was $609.99, 2.99% 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 $635.33 at 10:59 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 value is way higher than its 50-day moving average of $495.33 and way higher than 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, "To be sure, a lot of Tesla stock trades with or without the offering, making it a bit easier on index trackers to locate shares. ", "With Tesla Inc. about to be added to the S&P 500, people have wondered where index-tracking mutual funds will find the $80 billion of stock they’ll need to own in Elon Musk’s car-maker. "
Tesla shares are ‘dramatically overvalued,’ jpmorgan says. According to Bloomberg Quint on Wed Dec 9, "The analyst pointed out that in the past two years Tesla shares have risen over 800%. ", "Analysts on an average have a price target of about $364 on Tesla. "
'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, "Read more: Ron Baron earned a $4.2 billion windfall just from investing in Tesla. ", "Tesla’s upcoming inclusion in the S&P 500 has investors considering taking an equal-weight position in the stock. "
Tesla gets go-ahead to resume clearing trees for german plant. According to Bloomberg Quint on Thu Dec 10, "It had also ordered Tesla to stop cutting pine trees on the 83-hectare (205 acres) plot for the few days it took to consider the complaint by the environmental groups.", "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."
Steel dynamics jumps on report it will supply Tesla truck steel. According to Bloomberg Quint on Thu Dec 10, "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.", "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."
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, "Tesla shares have surged 650% so far this year as the S&P 500 has risen 14%.", "Houchois argued that the auto industry’s size is one other factor that could hold Tesla back from “domination.” "
Tesla to replace apartment investment and management in s&p 500. According to MarketWatch on Fri Dec 11, "The move puts Tesla automatically in the portfolios of countless index-tracking funds, cascading down to managed funds that will have to rebalance its portfolios.", "The mystery is over: The company leaving the S&P 500 index to make room for Silicon Valley juggernaut Tesla Inc. is Apartment Investment and Management Co."
Tesla to replace real-estate stock in s&p 500. According to The Wall Street Journal on Fri Dec 11, "Goldman Sachs Group Inc. analysts initially said such activity would push Tesla shares up to $600 by the inclusion date. ", "Wall Street has been buzzing about Tesla’s possible inclusion in the S&P 500 over the past six months. "
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, "But Tesla has gotten big. ", "Although Tesla is currently the most valuable automaker on the planet, it isn’t doing everything right. "
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. ", "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’s shares have surged more than 600% this year amid a streak of consecutive quarterly profits. ", "Read: Musk Urges Tesla Staff to Pinch Pennies, Buoy Surging Shares"