Shares of Tesla rose 7.3% to $811.19 at 14:54 EST on Thursday, after five sequential sessions in a row of gains. NASDAQ Composite is rising 2.33% to $13,037.96, following last session’s downward trend, This seems, so far, an all-around positive trend trading session today.
Tesla’s last close was $755.98, 0.31% below its 52-week high of $808.69.
News about Tesla today
Tesla prolongs model Y China delivery times, citing order intake. According to today’s article on Bloomberg Quint, "A strong start for the SUV would be a boon for Tesla as it seeks to maintain its lead in the premium segment over rivals such as Nio Inc. Tesla Chief Executive Officer Elon Musk has said the Model Y has the potential to outsell all other vehicles it makes, and the company set the car’s price below some other marques to keep a competitive edge.", "When Tesla announced the price last week and started sales, it said deliveries would take place this month."
Tesla call was ‘completely wrong,’ RBC says after 1,200% rally. According to today’s article on Bloomberg Quint, "Long-term bear RBC Capital Markets upgraded its recommendation on Tesla Inc., admitting it had misjudged the electric-vehicle maker.", "RBC’s comments follow a 50% price-target boost on Tesla earlier this week by Morgan Stanley analyst Adam Jonas to a Street-high $810, after the carmaker posted better-than-expected fourth-quarter deliveries and a $5 billion capital increase. "
Tesla stock gains after RBC ends bearish call with upgrade. According to today’s article on MarketWatch, "RBC Capital Markets analyst Joseph Spak ended his bearish call on Tesla Inc. shares Thursday with an upgrade to sector perform from underperform. ", "Our biggest miss was how TSLA can take advantage of its stock price to raise capital inexpensively and fund capacity outlays and growth." He said that this dynamic enables Tesla to easily fund its future growth while traditional carmakers will need to rely on considerable cash from their current operations in order to fund their electric-vehicle ambitions. "
Tesla briefly tops Facebook market value as RBC analyst buckles. According to today’s article on Bloomberg Quint, "Elon Musk-led Tesla has been on a stunning run over the past year, recording a 743% gain in its stock in 2020 as the company blew past several key milestones, got added to the S&P 500 Index and benefited from a growing view among consumers and market watchers that electric cars will dominate the future auto industry.", "On Thursday, RBC Capital Markets analyst Joseph Spak upgraded Tesla to the equivalent of a hold rating from a previous sell recommendation, saying he got the stock "completely wrong."
Tesla stock tops $800 as more analysts get on the bandwagon. According to today’s article on MarketWatch, "A Blue Senate is very bullish and a potential ‘game changer’ for Tesla and the overall EV sector, with a more green-driven agenda now certainly in the cards for the next few years," Wedbush analyst Dan Ives said in a note Thursday.", "We believe a doubling down on EV tax credits and further consumer incentives and government initiatives around the EV sector will be on the horizon which is a major positive" for Tesla as well as General Motors Co. , privately held Rivian , Fisker Inc. , and other EV-related companies, he said."
Tesla’s sales growth is 36.9% for the ongoing quarter and 59.9% for the next. The company’s growth estimates for the ongoing quarter and the next is 119.5% and 278.3%, respectively.
Year-on-year quarterly revenue growth grew by 39.2%, now sitting on 28.18B for the twelve trailing months.
Tesla’s last day, last week, and last month’s average volatility was 2.84%, 2.58%, and 1.13%, respectively.
Tesla’s last day, last week, and last month’s high and low average amplitude percentage was 3.32%, 3.67%, and 5.32%, respectively.
Tesla’s Stock Yearly Top and Bottom Value
Tesla’s stock is valued at $811.19 at 14:54 EST, above its 52-week high of $808.69.
Tesla’s Moving Average
Tesla’s value is way above its 50-day moving average of $622.88 and way above its 200-day moving average of $427.92.
Previous days news about Tesla
Tesla 2020 deliveries fall just short of Elon Musk' target. According to Business Insider on Monday, 4 January, "In 2020, Tesla delivered 442,511 Model 3 and Model Y cars, while producing 454,932 of the vehicles. ", "In the fourth quarter, Tesla delivered 161,650 Model 3 and Model Y cars and produced 163,660 vehicles. "
Stocks making the biggest moves in the premarket: magellan health, FLIR systems, Tesla & more. According to CNBC on Monday, 4 January, "Tesla (TSLA) – Tesla delivered a record 499,550 vehicles in 2020, but did fall just short of its goal of a half-million deliveries after its U.S. plant was temporarily closed by the Covid-19 outbreak. "
Stocks making the biggest moves midday: quantumscape, Tesla, Boeing, mcdonald's & more. According to CNBC on Monday, 4 January, "Tesla – The electric vehicle company jumped more than 3% to a new all-time high after Tesla said it delivered a record number of vehicles during the fourth quarter. "
Watch this Tesla model 3 with 'full self-driving' make a 358-mile trip across California with almost no human intervention. According to Business Insider on Tuesday, 5 January, "YouTuber and Tesla enthusiast Whole Mars Catalog (WMC) posted a time-lapse video on Youtube of a Tesla Model 3 with the"full self-driving" beta travelling from the headquarters of SpaceX in Los Angeles to Silicon Valley.", "A week later, the Tesla CEO tweeted that Tesla vehicles delivered in the final three days of 2020 will receive three free months of the "full self-driving" software option."
Morgan stanley lifts target price on Tesla to $810. According to MarketWatch on Wednesday, 6 January, "Morgan Stanley analyst Adam Jonas lifted his target price on Tesla to $810 from $540 as he reiterated an overweight call on the electric vehicle maker. ", "With the shares trading at 15x EV/sales, Tesla shares trade well above the multiples of the newer EV entrants and, to an even greater extent, above multiples of legacy automakers," he said, adding there’s a risk Tesla will push unit sales over prices and margins. "
Stocks making the biggest moves in the premarket: Tesla, Bank of America, solar companies & more. According to CNBC on Wednesday, 6 January, "Tesla (TSLA) – Morgan Stanley raised its price target for Tesla to a Street-high $810 per share, following better-than-expected fourth-quarter deliveries. "
Tesla eyes another milestone as valuation nears Facebook’s. According to Bloomberg Quint on Wednesday, 6 January, "The Wednesday moves in Tesla and Facebook came after Democrats edged closer to taking control of the Senate, an outcome that was seen as supportive for electric-vehicle companies and a risk for tech given the prospect of new regulation. ", "Shares of Tesla rose 4.8%, giving it a market capitalization of more than $730 billion. "
Tesla will rally another 10% to street-high price target of $810 as deliveries continue to accelerate, morgan stanley says. According to Business Insider on Wednesday, 6 January, "The range of possibilities is "admittedly high," but Tesla is still poised to outperform its rivals in the new year, the analysts said in a note to clients.", "The bullish note boosted Tesla as much as 5.1% on Wednesday to a record intraday high."
Led by Tesla, Roku and Square, famous ARKK ETF is one to watch in January. According to Business Insider on Wednesday, 6 January, "What Happened: Famed for its exposure to Tesla (NASDAQ:TSLA), which is currently 10.76% of the fund, returned almost 153% last year. ", "Why It’s Important: Not surprisingly, much of the early fanfare surrounding ARKK revolved around its status as one of the largest ETF holders of Tesla stock."