Shares of Tesla jumped 2.72% to $639.68 at 10:42 EST on Thursday, after two successive sessions in a row of losses. The Nasdaq Stock Market is jumping 0.54% to $12,726.40, after three successive sessions in a row of gains. This seems, at the moment, a somewhat positive trend exchanging session today.
Tesla’s last close was $622.77, 2.29% under its 52-week high of $654.32.
News about Tesla today
Goldman says Tesla inclusion won’t make s&p 500 much pricier. According to today’s article on Bloomberg Quint, "Tesla Inc.’s entry into the S&P 500 Index next week won’t make the U.S. benchmark as expensive as investors might expect, Goldman Sachs Group Inc. says.", "Tesla shares have surged 644% this year, pushing the company’s market value close to $600 billion, of which about 80% is floating. "
Tesla going in s&p 500 is what the smart-beta geeks warned about. According to today’s article on Bloomberg Quint, "In a note titled "Time to Fire the S&P 500 Index Committee," Vincent Deluard, a strategist at StoneX, wrote this week that waiting around to add Tesla cost index investors more than $500 billion and "transferred retirement savings to speculators."", "Concerned that Tesla Inc. may prove to be a drag on the S&P 500 when it enters the index after such a gigantic rally? "
Tesla only U.S. automaker meeting brake-safety commitment early. According to today’s article on Bloomberg Quint, "Tesla Inc. is the lone U.S. automaker to meet a commitment to equip all its models with automatic emergency braking almost two years ahead of schedule, as Detroit automakers lag behind the safety leaders.", "Tesla is among 10 companies that have already fulfilled a promise to federal regulators to install the safety technology on its vehicles by Sept. 1, 2022, according to Consumer Reports magazine and the Insurance Institute for Highway Safety. "
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 Yearly Top and Bottom Value
Tesla’s stock is valued at $639.68 at 10:42 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 $511.20 and way above its 200-day moving average of $378.53.
Previous days news about Tesla
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."
FA center: why Tesla bulls are in the driver’s seat as the stock nears inclusion in the s&p 500. According to MarketWatch on Wed Dec 16, "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", "In January 2020 Tesla was the most heavily shorted U.S. stock, with 18.2% of its float (total tradable shares) sold short. "