Shares of Tesla jumped 4.64% to $638.29 at 14:13 EST on Monday, following yesterday’s downward trend. The Nasdaq Stock Market is jumping 0.83% to $12,480.50, following yesterday’s downward trend, This seems, at the moment, a somewhat positive trend exchanging session today.
Tesla’s last close was $609.99, 2.51% below its 52-week high of $654.32.
Tesla’s sales growth is 35.4% for the ongoing 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 $638.29 at 14:13 EST, under 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 $495.33 and way above 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, "Tesla is expected to use the money to fund its investment program, after the company more than doubled its planned spending on plants and equipment this year.", "With $22 billion worth of shares changing hands each day, Tesla is the highest-volume stock on U.S. exchanges over the past three months, data compiled by Bloomberg show. "
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%. ", "Tesla Inc.’s shares are now “dramatically” overvalued and investors thinking of raising their holdings in the company ahead of its impending addition to the S&P 500 Index should not, JPMorgan analyst Ryan Brinkman wrote in a note on Wednesday."
'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, "Tesla’s upcoming inclusion in the S&P 500 has investors considering taking an equal-weight position in the stock. ", "”Tesla shares are in our view and by virtually every conventional metric not only overvalued, but dramatically so,” the analysts wrote in a note to clients."
Tesla gets go-ahead to resume clearing trees for german plant. According to Bloomberg Quint on Thu Dec 10, "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.", "Any major delays would be bad news for Tesla, which is on an ambitious timetable to have the plant up and running by the middle of next year. "
Steel dynamics jumps on report it will supply Tesla truck steel. According to Bloomberg Quint on Thu Dec 10, "”It’s good news that Tesla is building cars with steel,” Kevin Dempsey, the CEO of the American Iron and Steel Institute, said. ", "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."
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%.", "”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, "S&P said that Tesla would be joining the S&P 500 last month. ", "See also: Tesla stock to be added all at once to S&P 500"
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. ", "Tesla shares have skyrocketed this year, up more than 600%, with much of those gains coming in the past month. "
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. ", "And unlike what Tesla is dealing with in Germany, where the powerful labor unions are a significant partner in the auto industry, the Texas workforce is going to be non-union."
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 will be the largest company to be added to the index. ", "Tesla has staged a meteoric rise in 2020 as investors attach an outsized premium for the electric vehicle manufacturer. "
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 didn’t immediately respond to a request for comment Saturday."