Shares of Tesla fell 1.8% to $621.87 at 14:49 EST on Wednesday, following yesterday’s downward trend. The Nasdaq Stock Market is jumping 0.22% to $12,622.60, after two sequential sessions in a row of gains. This seems, up to now, a somewhat positive trend trading session today.
Tesla’s last close was $633.25, 5.22% 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, "More: Tesla may be ‘most remarkable’ stock market ‘story of them all’, says strategist", "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 current 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 $621.87 at 14:49 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 $505.55 and way above 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 shares have surged 650% so far this year as the S&P 500 has risen 14%.", "”We don’t believe in Tesla domination given the industry’s structure and politics, but the multiple challenges to the industry business model (EVs, batteries, software, autonomy, design-to-manufacture and direct selling) ensure a durable competitive edge, with a ‘messianic. "
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.", "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, "Apartment Investment & Management Co. will exit the S&P 500 to make room for Tesla Inc., setting the stage for the biggest-ever single-stock addition to the index.", "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."
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, "NUMMI is a large plant and has served an expanding Tesla’s needs quite well as the company has expanded. ", "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, "Tesla stock is up 629% year-to-date. ", "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, "Read: Musk Urges Tesla Staff to Pinch Pennies, Buoy Surging Shares", "Tesla said it would meet its goal of delivering half a million cars worldwide this year during October’s earnings report. "
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."