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.”