Shares of Tesla jumped 4.21% to $875.20 at 15:50 EST on Tuesday, following last session’s upward trend. NASDAQ Composite is rising 1.74% to $13,636.76, following last session’s upward trend, This seems, up until now, an all-around positive trend trading session today.
Tesla’s last close was $839.81, 2.88% below its 52-week high of $900.40.
News about Tesla today
Tesla says sorry to China’s state grid for charging blame video. According to today’s article on Bloomberg Quint, “In the video, which went viral, the Tesla employee appears to blame the state utility’s charging infrastructure.”, “We are deeply sorry for the misunderstanding and would like to apologize to the Nanchang Power Grid for the inconvenience caused,” Tesla said in a video of its own. “
Tesla is recalling 134,000 model X and model S cars with faulty touchscreens following regulator pressure. According to today’s article on Fintech Zoom, “This comes after the National Highway Traffic Safety Administration (NHTSA) put pressure on Tesla to recall the vehicles, writing a letter to the company in January.”, “Tesla added in its email to customers on Tuesday that it had rolled out a software update to address these problems, and urged Tesla owners to make sure they had the latest update installed.”
Tesla recalls 135,000 cars after U.S. finds screens to be faulty. According to today’s article on Bloomberg Quint, “Tesla equipped certain Model S sedans from 2012 to 2018 and Model X crossovers from 2016 to 2018 with Nvidia Corp. processors that are prone to wearing out, Tesla said in a recall report. “, “The agency had asked Tesla to respond to its defect finding no later than Jan. 27, the day the electric-car maker reported quarterly earnings. “
Tesla recalls 135,000 vehicles over touch-screen failures. According to today’s article on The Wall Street Journal, “The reason for the discrepancy between the NHTSA’s figure and the number of vehicles Tesla plans to recall wasn’t immediately clear.”, “It is economically, if not technologically, infeasible to expect that such components can or should be designed to last the vehicle’s entire useful life,” Tesla said in the letter.”
Tesla’s sales growth is 65.6% for the ongoing quarter and 83% for the next. The company’s growth estimates for the ongoing quarter and the next is 230.4% and 113.6%, 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 5.83%, 3.40%, and 3.16%, respectively.
Tesla’s last day, last week, and last month’s high and low average amplitude percentage was 5.84%, 5.26%, and 4.28%, respectively.
Tesla’s Stock Yearly Top and Bottom Value
Tesla’s stock is valued at $875.20 at 15:50 EST, 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 worth is way above its 50-day moving average of $762.47 and way above its 200-day moving average of $503.14.
Previous days news about Tesla
Never mind the next Tesla, what’s the next model s?. According to The Wall Street Journal on Monday, 1 February, “Not all of the startups will compete head on with Tesla like Faraday and Fisker, another Californian company with a luxury EV in the works. “, “Yet the Tesla imitators that stand a chance of surviving are those that, like Tesla, eventually get their vehicles and production ramps right.”
Stocks making the biggest moves in the premarket: Tesla, curevac, otis worldwide & more. According to CNBC on Monday, 1 February, “Tesla ((TSLA)) – Piper Sandler raised its price target on Tesla to a Street high of $1,200 per share from $515 a share, with the firm saying Tesla could have new opportunities to pursue for decades due to its target industries currently embracing outdated business models. “
Tesla gets street-high target as piper says ‘fireworks’ not over. According to Bloomberg Quint on Monday, 1 February, “Investors who missed out on the searing rally in Tesla Inc. shares last year needn’t worry, as one Wall Street analyst on Monday said the “fireworks aren’t over,” with the company targeting multi-trillion dollar markets.”, “Potter expects Tesla to deliver 894,000 vehicles in 2021, eventually increasing to more than 9 million units in 2030, making it among the top-3 automakers globally. “
Koreans buy Tesla, gamestop as foreign stock buying hits record. According to Bloomberg Quint on Monday, 1 February, “Korea’s retail investors, having buoyed their domestic markets, turned to the U.S. and especially tech stocks like Tesla and Apple Inc. for returns last year.”, “Their positions now include $10 billion in Tesla Inc. shares — the largest for any stock — as well as about $265 million in GameStop Corp., KSD’s data show. “