According to today’s article on Bloomberg Quint, “Musk Hints Again at Longer-Range Teslas and Hatchback for Europe.”
According to today’s article on Bloomberg Quint, “Tesla Nears Half a Trillion Mark After Soaring 525% This Year.”
Tesla has been somewhat immune to the crisis with its shares rising 5.04% to $548.13 at 11:07 EST on Tuesday, following yesterday’s upward trend. The Nasdaq Stock Market is rising 0.32% to $11,919.10, following yesterday’s upward trend, on what up to now seems, a somewhat positive trend trading session today.
Tesla-heavy etfs ride along as company gets a price upgrade. According to yesterday’s article on MarketWatch, “Exchovere-traded funds with heavy exposure to Tesla Inc.”
Tesla’s last close was $521.85, under its 52-week high of $543.17.
Tesla’s sales growth is 35.3% for the current quarter and 56.5% for the next. The company’s growth estimates for the present quarter and the next is 112.2% 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 is valued at $548.13 at 11:07 EST, above its 52-week high of $543.17.
Tesla’s value is way above its 50-day moving average of $432.36 and way above its 200-day moving average of $329.32.