Shares of Tesla fell 3.89% to $802.90 at 15:43 EST on Friday, after two successive sessions in a row of losses. NASDAQ Composite is sliding 1.51% to $13,136.35, following last session’s upward trend, This seems, as yet, an all-around negative trend exchanging session today.
Tesla’s last close was $835.43, 12.14% under its 52-week high of $900.40.
News about Tesla today
Tesla board member mizuno blasts calls for short-squeeze curbs. According to today’s article on Bloomberg Quint, “Mizuno’s stance against short-selling may be one of the things that endeared him to Tesla CEO Elon Musk, who has in the past taunted short-sellers and called the U.S. Securities and Exchange Commission the “Shortseller Enrichment Commission.” Earlier Friday, Musk agreed with another Twitter user’s call for making shorting illegal.”
Tesla stock gets second $1,000+ price target, from argus research. According to today’s article on MarketWatch, “There are now two Wall Street analysts that have targets for Tesla Inc.’s stock of more than $1,000, after Argus Research’s Bill Selesky boosted his target by 30% in the wake of the electric vehicle (EV) market leader’s fourth-quarter results. “
Tesla in India: boost in a country with low appetite for electric cars, reports idtechex. According to today’s article on Fintech Zoom, “Market entry of Tesla in 2021, unfortunately, does not solve these core problems, at least in the short term.”
Tesla’s sales growth is 64.3% for the present quarter and 84% for the next. The company’s growth estimates for the ongoing quarter and the next is 230.4% and 120.5%, 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 a negative 3.44%, a negative 0.23%, and a positive 1.12%, respectively.
Tesla’s last day, last week, and last month’s high and low average amplitude percentage was 5.87%, 4.43%, and 3.93%, respectively.
Tesla’s Stock Yearly Top and Bottom Value
Tesla’s stock is valued at $802.90 at 15:43 EST, way under its 52-week high of $900.40 and way higher than its 52-week low of $70.10.
Tesla’s Moving Average
Tesla’s value is higher than its 50-day moving average of $750.46 and way higher than its 200-day moving average of $492.87.
Previous days news about Tesla
Tesla, BMW approved for slice of $3.5 billion EU battery aid. According to Bloomberg Quint on Tuesday, 26 January, “The European Union paved the way for companies including Tesla Inc. and BMW AG to get about 2.9 billion euros ($3.5 billion) of state aid for battery projects that will strengthen the bloc’s position in the race to produce more electric vehicles.”, “The factory Tesla is building in the small town of Gruenheide will be the company’s first in Europe. “
Tesla emissions-credit revenue May boom again in 2021: analyst. According to Bloomberg Quint on Wednesday, 27 January, “Chief Executive Officer Carlos Tavares said last week that the company will have no CO2 compliance issues once Fiat Chrysler’s agreements with Tesla expire.”
Tesla expected to record first full-year profit. According to The Wall Street Journal on Wednesday, 27 January, “Wall Street expects such resilience to help Tesla generate around $1.3 billion in 2020 annual profit when the company posts earnings Wednesday afternoon, according to FactSet, on sales of about $31.1 billion. “, “The 17-year-old company’s performance, coupled with wider investor enthusiasm about electric vehicles, sent the stock soaring more than 700% last year and turned Tesla into the world’s most valuable auto maker. “
Tesla motors, inc. Q4 adjusted earnings miss estimates. According to Fintech Zoom on Wednesday, 27 January, “Excluding items, Tesla Motors, Inc. reported adjusted earnings of $903 million or $0.80 per share for the period.”
Tesla down after disappointing wall street on profit, margin. According to Bloomberg Quint on Wednesday, 27 January, “Investors view this revenue as a double-edged sword because they want to know Tesla can be profitable from its core business: making and selling cars. “
Stocks making the biggest moves after hours: Facebook, Tesla, gamestop and more. According to CNBC on Wednesday, 27 January, “Tesla – Shares of the electric vehicle maker slid 2% after Tesla missed fourth quarter earnings expectations. “
Tesla posts first full-year profit. According to The Wall Street Journal on Wednesday, 27 January, “For 2020, Tesla reported a profit of $721 million on about $31.5 billion in sales; that compares with an $862 million loss and sales of $24.6 billion in 2019. “
Tesla quietly added a new 1,020-horsepower version of the model X to its lineup – the $120,000 ‘plaid’ edition. According to Fintech Zoom on Wednesday, 27 January, “The carmaker missed Wall Street’s earnings expectations by roughly 20%, and shares of Tesla fell on the news.”, “It can hit a top speed of 163 mph and sprint to 60 mph in 2.5 seconds, Tesla claims. “
Tesla unveils refreshed model S complete with an airplane-like steering wheel and an extra screen. According to Fintech Zoom on Wednesday, 27 January, “The most striking change is that Tesla ditched the normal round steering wheel found in the Model S and Model X in favor of a racing-inspired, squared-off wheel that doesn’t appear to have any stalks. “, “For the Model S, Tesla eliminated the Performance trim and replaced it with the Plaid version. “
Elon Musk says Tesla cybertruck engineering is done, deliveries to start this year ‘if we get lucky’. According to Fintech Zoom on Thursday, 28 January, “Elon Musk, the carmaker’s CEO, said on an earnings call with investors Wednesday that the the electric pickup’s design and engineering are complete, and that Tesla will start building out manufacturing capacity for it soon.”, “Musk teased the prospect of a Tesla pickup truck for years before the Cybertruck made its debut in November 2019. “
Elon Musk says Tesla has held ‘preliminary discussions’ to license its autopilot software to other manufacturers. According to Fintech Zoom on Thursday, 28 January, “Musk says Tesla is focusing on improving Tesla’s neural network through 3-D labeling, gathering videos, and labeling elements so that the program can learn.”, “Recently, Waymo CEO John Krafcik said Tesla was “no competition at all” when it came to making autonomous vehicles.”
Musk fails to get Tesla critic’s defamation lawsuit thrown out. According to Bloomberg Quint on Thursday, 28 January, “In the first, in February 2019, Hothi was confronted by a security guard when he showed up — to do research, he says — at the Tesla sales center in Fremont, California. “, “In the second, in April 2019, Hothi said he was driving when he spotted a Tesla test car and took photos of it, which he later posted online.”
Tesla, lumen technologies, amc: what to watch when the stock market opens today. According to The Wall Street Journal on Thursday, 28 January, “-U.S. stock futures are down, with the Nasdaq losing 1.2%, led lower by technology companies that reported earnings after Wednesday’s close, including Apple , Tesla and Facebook.”
Elon Musk says self-driving Tesla robotaxis can help justify the company’s $800 billion valuation. According to Fintech Zoom on Thursday, 28 January, “This means they would be used for around 60 hours a week, rather than 12, he said, which is “roughly a five times increase in utility.” Tesla could therefore charge more for the vehicles by adding self-driving technology. “, “If Tesla produces $50 billion worth of cars, “it will be like having $50 billion of incremental profit basically from that because it’s just software,” Musk said.”
Vw’s EV sales target suggests Tesla gap could close this year. According to Bloomberg Quint on Thursday, 28 January, “Shares of VW and other incumbents have hovered at depressed levels as investors have bid up the valuations of EV makers including Tesla and Nio Inc.”, “Volkswagen AG plans to at least double the share of its sales that are fully electric this year, with the high end of its target range suggesting it could come close to Tesla Inc.’s expected global deliveries.”
Elon Musk said he expects to be CEO of Tesla for the next ‘several years,’ but that ‘it would be nice to have a bit more free time’. According to Fintech Zoom on Thursday, 28 January, “Musk’s intense workload is likely due in part to his other gig as CEO of SpaceX, a role he held before becoming Tesla CEO in 2008. “, “An analyst from Baird, Benjamin Kallo, asked Musk about a pledge he made a decade ago that he would step down as CEO once Tesla has a mass-market car on the road.”
Gm’s ev-only goal is ‘shot across the bow’ at Tesla: analyst. According to MarketWatch on Thursday, 28 January, “General Motors Co.’s aiming to offer only electric cars by 2035 and phasing out internal combustion-engine vehicles around that time is a “shot across the bow” at Tesla Inc. and other EV makers amid government tailwinds, analyst Dan Ives with Wedbush said in a note Thursday. “, “With the Biden Green Agenda on the horizon, we believe other automakers could follow GM’s lead domestically with Tesla continuing to run away with market share in this EV arms race,” he added. “
Tesla says battery-cell squeeze strains semi truck production. According to The Wall Street Journal on Thursday, 28 January, “Still, Mr. Denoyer said Tesla should have a cost advantage over other vehicle makers that are developing electric heavy-duty trucks because the company makes its own batteries. “, “The Silicon Valley car maker said this week that it plans to deliver “our first Tesla Semi by the end of the year.” Ramping up production to meet that goal will test Tesla’s ability to scale and to meet pledges to fleet owners in an industry more focused on cost and performance than the typical Tesla buyer.”