Shares of Tesla (TSLA) dropped by a staggering 25.14% in 30 days from $787.79 to $589.74 at 11:14 EST on Saturday, after four consecutive sessions in a row of losses. NASDAQ Composite (TSLA) is rising 2.32% to $13,429.98, after two successive sessions in a row of gains.

Tesla’s last close was $571.69, 52.68% below its 52-week high of $900.40.

Tesla’s Sales

Tesla’s sales growth is 86.5% for the present quarter and 45.9% for the next. The company’s growth estimates for the present quarter and the next is 115.9% and 55.3%, respectively.

Tesla’s Revenue

Year-on-year quarterly revenue growth grew by 73.6%, now sitting on 35.94B for the twelve trailing months.

Tesla’s Stock Yearly Top and Bottom Value

Tesla’s stock is valued at $589.74 at 11:14 EST, way under its 52-week high of $900.40 and way above its 52-week low of $106.47.

Tesla’s Moving Average

Tesla’s value is way under its 50-day moving average of $680.13 and under its 200-day moving average of $615.79.

Previous days news about Tesla (TSLA)

Chill on Elon Musk’s tweets. Tesla has bigger issues.. According to Bloomberg Quint on Friday, 14 May, "Off the bat, it looks like the whole liquidity-proof thing is somewhat moot now that Tesla will apparently neither be accepting the stuff nor selling it. ", "Thistweet, for instance,which landed like a blue-checkmarked hand grenade this week, is perhaps less important for what it might say about the Tesla Inc. CEO’s particular thoughts on cryptocurrency or the environment. "

Tesla stock on track to close below 200-day moving average. According to MarketWatch on Thursday, 13 May, "When Tesla dipped below the 200-day average last year, it did so amid the March 2020 pandemic selloff, and the stock bounced more than 18% the next session. ", "Shares of Tesla have gained 255% in the past 12 months, compared with an advance of 45% for the S&P 500 index."

Tesla stock, Bitcoin price drop after Elon Musk halts car sales with crypto. According to MarketWatch on Wednesday, 12 May, "Soon after, Tesla officially told the SEC that Musk had a new title of "Technoking" and Chief Financial OfficerZach Kirkhorn would henceforth be known as Tesla’s "Master of Coin.", "The University of Cambridge’s Centre for Alternative Finance reported not long after the Tesla purchase that the news had caused a severe spike in the amount of electricity used to mine bitcoin. "

Fatal Tesla crash in California launches another nhtsa probe. According to Bloomberg Quint on Wednesday, 12 May, "The May 5 crash, which occurred at about 2:40 a.m., involved a Tesla that collided with an overturned Mack truck. ", "The driver of the Tesla was pronounced dead at the scene and was later identified by the San Bernardino County Coroner’s office as Stephen Michael Hendrickson, a 35-year-old from Running Springs, California."

Elon Musk's u-turn on Bitcoin hits Tesla and other crypto-linked stocks as hundreds of billions get wiped off the digital assets market. According to Business Insider on Thursday, 13 May, "All of a sudden, he’s not so keen due to environmental concerns," Nigel Green, chief executive of investment firm deVere Group, said, and questioned why Musk didn’t do more homework before Tesla invested $1.5 billion in bitcoin.", "Musk’s move to accept bitcoin payments for Tesla was one of the most legitimate catalysts for the cryptocurrency’s rally this year. "

More news about Tesla (TSLA).

LEAVE A REPLY

Please enter your comment!
Please enter your name here