Shares of Tesla slid 5.78% to $787.15 at 14:52 EST on Friday, after two sequential sessions in a row of losses. NASDAQ Composite is falling 1.8% to $13,097.02, following last session’s upward trend, This seems, at the moment, an all-around negative trend trading session today.
Tesla’s last close was $835.43, 14.39% below 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 ongoing 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 $787.15 at 14:52 EST, way below its 52-week high of $900.40 and way above its 52-week low of $70.10.
Tesla’s Moving Average
Tesla’s worth is above its 50-day moving average of $750.46 and way above 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, “At Tesla’s Battery Day presentation in September, CEO Elon Musk announced details of the Model S Plaid, a 1,100-horsepower version of the sedan that Tesla says will be capable of a 200-mph top speed and a 0-60-mph time under two seconds.”, “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, “For the Model S, Tesla eliminated the Performance trim and replaced it with the Plaid version. “, “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. “
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 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.”, “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. “
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, “During the call, Tesla also unveiled both a refreshed Model S and the new Model X Plaid, a high-performance SUV costing $119,990. “, “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.”, “But they’re increasingly setting aggressive goals as Tesla steals more of the limelight, with General Motors Co. announcing Thursday that it will sell only zero-emission models by 2035.”
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, “Elon Musk said he expects to remain Tesla CEO for the foreseeable future, but that it would be nice to have “a bit more free time.”, “Read more: How Tesla bounced back from worst mistake Elon Musk ever made and became the world’s most valuable car company”
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, “So a big part of the reason-the main reason we have not accelerated new products is-like, for example, Tesla Semi-is that we simply don’t have enough cells for it.”, “Mr. Musk said Tesla is “extremely confident” about its ability to produce long-range trucks with batteries. “