Tesla Shares
Tesla Shares Hit All-Time High, Fall Back on Wild Trading Day
Tesla saw its shares jump more than 14% during afternoon trading today, pushing the stock to a new all-time high, before giving back those gains and falling into negative territory, CNBC News reports. At one point, Tesla’s market cap reached $321 billion, which made it the 10th largest U.S. stock by market value, according to FactSet. Tesla's stock...
Tesla Stock Surges 9% As JMP Boosts Price Target to $1,500
On track to hit another record high, Tesla’s shares have shot up nearly 9% in premarket trading today after Joe Osha, one of the most bearish Wall Street analysts at JMP Securities, boosted his price target on the company to a Wall Street high of $1,500 (via Seeking Alpha). The bullish upgrade from JMP comes after...
Tesla Shares Soar After Announcing 90,650 Deliveries in Q2, Beating Expectations
According to a consensus of analysts, Tesla was expected to deliver about 72,000 vehicles during the last three months. However, when the electric car maker announced it delivered about 90,650 vehicles in Q2, the company’s shares soared nearly 9% to $1,219.02 in premarket trading earlier today (via CNBC). While the majority of automakers, including General...
Investors Should Consider Tesla Stock’s Volatility Before Buying Says Trader
Although Tesla’s shares were up 1.5% in today's premarket trading after closing more than 1% higher the day before, Miller Tabak’s chief market strategist Matt Maley has told CNBC News that investors should consider how volatile Tesla has been over the last five to seven years before thinking about buying the stock. "It’s getting very...
Tesla Shares Surpass $1,000 Following Musk’s Leaked Semi Production Memo
In a leaked memo sent out to employees, Tesla CEO Elon Musk has noted that its time to "go all out" and start volume production of the Tesla Semi, the all-electric Class 8 truck, which has resulted in the electric car maker’s share price to rise more than 6% today and surpass the $1,000 mark (via...
Tesla Stock on Track to Hit $1,000 Per Share Claims Trader
Speaking on CNBC’s “Trading Nation” on Thursday, Ascent Wealth Partners managing director Todd Gordon said that Tesla’s upcoming earnings could give the company’s stock the thrust to push through the $1,000 mark. Currently trading at $875 per share, the electric car maker's shares have surged nearly 110% this year. “We like the name,” Gordon said during the...
Elon Musk Can Make Over $750 Million in Profit from Tesla’s Stock Surge
Yesterday, Tesla’s stock surged nearly 10% to close at $798.75 per share ahead of the company’s quarterly report this week, which has put the electric car maker's market capitalization at $145 billion. According to Reuters, CEO Elon Musk is now in a position to make nearly $758 million in profit by selling his vested Tesla...
Tesla Stock Surges Amid Reports of Company’s Plans to Resume Production
With reports of the company plans to partially resume production later this week, Tesla’s stock surged 9% to near 792 per share during morning trading on the stock market today (via Yahoo! Finance). The electric car maker is also set to report its Q1 earnings on Wednesday after beating first-quarter delivery exceptions. According to an analysis by...
Tesla’s Stock Price Continues to Skyrocket, Surpasses $900 USD Mark
Tesla’s stock price surged over 8% in pre-market today to mark the biggest gain in two weeks, trading at above $900 USD per share. According to MarketWatch, Tesla stock has tripled in the past 12 months gaining more than 120% this year alone. Meanwhile, Piper Sandler analyst Alexander Potter has raised his price target on Tesla shares...
Tesla Announces Plans to Raise $2 Billion in Stock Offering
Despite CEO Elon Musk’s repeated assurances that the company will not need to raise more money, Tesla has today announced its plans to raise $2 billion in a stock offering, Reuters is reporting. The electric car maker said it would offer 2.65 million shares, of which Musk himself will buy up to $10 million in...
Tesla’s Stock Surpasses $500 Mark to Reach Record High
Tesla's stock once again surged today to surpass the $500 mark and reach an all-time high of $507.50 per share, TechCrunch is reporting. As of today, the electric car marker is valued at $91.38 billion which makes it almost 64 times as much as automaker Aston Martin. Ever since Tesla delivered its first China-produced cars...