According to today’s article on Bloomberg Quint, “Nikola, Tesla Shares Fall as EV Rally Frenzy Comes to a Halt.”
According to today’s article on MarketWatch, “Tesla issues recall of 9,000-plus Model X and Model Y vehicles.”
The Nasdaq Stock Market ended the session with Tesla rising 3.35% to $574.00 on Wednesday while the The Nasdaq Stock Market jumped 0.48% to $12,094.40.
According to yesterday’s article on Bloomberg Quint, “Musk Hints Again at Longer-Range Teslas and Hatchback for Europe.”
According to yesterday’s article on Bloomberg Quint, “Tesla Nears Half a Trillion Mark After Soaring 525% This Year.”
Tesla today’s close was $574.00, 0.05% below its 52-week high of $573.70.
Tesla’s sales growth is 35.3% for the ongoing quarter and 60% 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 $574.00 at 16:43 EST, above its 52-week high of $573.70.
Tesla’s value is way higher than its 50-day moving average of $435.96 and way higher than its 200-day moving average of $332.14.
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.”