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Tesla Stock Rises So Far On Friday, Outperforms Market

Via News Editorial Team

November 27, 2020

Tesla Stock Rises So Far On Friday, Outperforms Market

Tesla has been somewhat immune to the crisis with its shares jumping 3.86% to $596.16 at 11:05 EST on Friday, after three consecutive sessions in a row of gains. The Nasdaq Stock Market is rising 1.07% to $12,224.10, after three consecutive sessions in a row of gains, on what as yet seems, an all-around positive trend exchanging session today.

Tesla's last close was $574.00, 0.29% below its 52-week high of $597.89.

Tesla's sales growth is 35.3% for the ongoing quarter and 60% for the next. The company's growth estimates for the current 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 $596.16 at 11:05 EST, below its 52-week high of $597.89 and way higher than its 52-week low of $65.45.

Tesla's value is way above its 50-day moving average of $440.84 and way higher than its 200-day moving average of $333.87.

Tesla-heavy etfs ride along as company gets a price upgrade. According to MarketWatch on Mon Nov 23, "Exchovere-traded funds with heavy exposure to Tesla Inc."

According to Bloomberg Quint on Tue Nov 24, "Musk Hints Again at Longer-Range Teslas and Hatchback for Europe."

According to Bloomberg Quint on Tue Nov 24, "Tesla Nears Half a Trillion Mark After Soaring 525% This Year."

According to Bloomberg Quint on Wed Nov 25, "Nikola, Tesla Shares Fall as EV Rally Frenzy Comes to a Halt."

According to MarketWatch on Wed Nov 25, "Tesla issues recall of 9,000-plus Model X and Model Y vehicles."

Tesla Stock Rises So Far On Friday, Outperforms Market | Via News