Shares of Tesla rose 2.77% to $870.12 at 11:50 EST on Monday, following last session’s upward trend. NASDAQ Composite is falling 0.26% to $13,507.41, after four sequential sessions in a row of gains. This seems, as yet, a somewhat rough trend exchanging session today.
Tesla’s last close was $846.64, 3.48% below its 52-week high of $900.39.
News about Tesla today
Baird lifts Tesla price estimates and sees potential for musk superstructure with spacex. According to today’s article on MarketWatch, “Just days ahead of fourth-quarter earnings, Baird lifted its price target for Tesla to $728 per share from $488, saying “bias for the stock remains to the upside,” in a note to clients on Monday. “, “After breaking ground on factories in Berlin and Austin, launching Shanghai operations in earnest, and keeping promises of selling [around] 500k cars in 2020 from years past, Tesla is entering the next stage of its evolution,” said Baird analyst Ben Kallo, who kept an outperform rating on the electric-car maker. “
Tesla loses lead designer of a model Y feature Elon Musk once called ‘some of the best engineering’ he’s seen. According to today’s article on Fintech Zoom, “In recent years, Tesla has been known for its high rate of executive turnover, with many senior employees departing. “, “Mardall worked at Tesla for a decade, according to his profile, leading the development of the Model Y Heat Pump, which CEO Elon Musk called “some of the best engineering” he’s seen in a while. “
Tesla’s sales growth is 39.7% for the present quarter and 60.1% for the next. The company’s growth estimates for the ongoing quarter and the next is 143.9% and 287%, 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 0.20%, 0.04%, and 1.29%, respectively.
Tesla’s last day, last week, and last month’s high and low average amplitude percentage was 2.34%, 2.74%, and 3.82%, respectively.
Tesla’s Stock Yearly Top and Bottom Value
Tesla’s stock is valued at $870.12 at 11:50 EST, below its 52-week high of $900.39 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 $724.93 and way higher than its 200-day moving average of $479.07.
Previous days news about Tesla
Weekend reads: is it time to sell Tesla? and buy gm?. According to MarketWatch on Friday, 22 January, “GM’s stock is up 34% so far in 2021, while shares of Tesla Inc. are up “only” 21%, following their incredible 743% run in 2020.”
Tesla reminds wells fargo strategist of when AOL joined S&P 500. According to Bloomberg Quint on Friday, 22 January, “Why does Tesla joining the S&P 500 remind Wells Fargo Securities’ head of equity strategy of AOL and the dot-com boom and bust era? “
Tesla claims engineer stole secrets just three days on the job. According to Bloomberg Quint on Saturday, 23 January, “Tesla to Apple: Help Us Nail Robocar-Secrets Thief at China FirmKhatilov told Tesla security that he had only transferred a couple personal administrative documents, according to a court filing. “, “A software automation engineer, Khatilov was hired as one of a “select few Tesla employees” to have access to the files, which the company says were unrelated to his job. “
Tesla has accused an engineer of downloading about 26,000 sensitive files in his first week. According to Fintech Zoom on Saturday, 23 January, “And Martin Tripp, a former Tesla process technician, was set to pay the company $400,000 for sharing trade secrets, according to a December court filing.”, “Tesla said: “Then, he lied about it and tried to delete the evidence of his theft when quickly confronted by Tesla’s security team, forcing Tesla to bring this complaint.”
Tech giants Apple, Microsoft and Tesla headline busy earnings week. According to The Wall Street Journal on Saturday, 23 January, “Tech giants Microsoft Corp. , Apple Inc. and Tesla Inc. will be among the companies headlining a busy earnings week, shedding more light on how businesses performed at the end of 2020 as Covid-19 cases rose.”
Waymo’s CEO says Tesla is ‘no competitor at all’ when it comes to autonomous vehicles, according to reports. According to Fintech Zoom on Sunday, 24 January, “Waymo CEO John Krafcik said Tesla is “no competitor at all” for its autonomous vehicles, according to multiple reports citing an interview with Germany’s Manager Magazin.”, “For us, Tesla is not a competitor at all,” Krafcik said, according to Ars Technica.”