Shares of Tesla dropped 1.61% to $623.05 at 15:52 EST on Wednesday, following yesterday’s downward trend. The Nasdaq Stock Market is jumping 0.65% to $12,677.50, after two sequential sessions in a row of gains. This seems, as yet, a somewhat positive trend trading session today.
Tesla’s last close was $633.25, 5.02% below its 52-week high of $654.32.
News about Tesla today
FA center: why Tesla bulls are in the driver’s seat as the stock nears inclusion in the s&p 500. According to today’s article on MarketWatch, "In January 2020 Tesla was the most heavily shorted U.S. stock, with 18.2% of its float (total tradable shares) sold short. ", "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"
Tesla’s sales growth is 35.4% for the present quarter and 59.8% for the next. The company’s growth estimates for the ongoing 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 $623.05 at 15:52 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 $505.55 and way higher than its 200-day moving average of $376.78.
Previous days news about Tesla
Tesla stock falls after jefferies downgrade: 'we don't believe in Tesla domination'. According to MarketWatch on Fri Dec 11, "Tesla Inc. shares are off 1.7% in premarket trading after Jefferies analyst Philippe Houchois downgraded the stock to hold from buy while raising his price target to $650 from $500. ", "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.", "S&P said that Tesla would be joining the S&P 500 last month. "
Tesla to replace real-estate stock in s&p 500. According to The Wall Street Journal on Fri Dec 11, "Tesla shares have skyrocketed this year, up more than 600%, with much of those gains coming in the past month. ", "Individual investors and fund managers who actively buy stocks pounced on the news that the stock would join the index, anticipating a surge in demand that would push Tesla shares even higher. "
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, "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. ", "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. "
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 has staged a meteoric rise in 2020 as investors attach an outsized premium for the electric vehicle manufacturer. ", "Funds that are benchmarked to the S&P 500 could also spur demand for Tesla stock. "
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"
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."