|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's range||871.00 - 908.66|
|52-week range||191.85 - 968.99|
|Beta (5Y monthly)||1.16|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
After Elon Musk's SpaceX had a successful launch over the weekend, many investors may be taking a closer look at the visionary businessman's electric-car company.
Polestar, the premium electric vehicle maker owned by China's Geely, plans a big expansion of its showroom network in the mainland, sources said, as it prepares for delivery of cars to compete with Tesla Inc's <TSLA.O> locally made Model 3. Showroom strength is becoming an important differentiator for electric vehicle (EV) makers in the world's biggest auto and EV market, as they line up new model launches. Polestar, which plans to deliver Polestar 2 electric sedans in China from July, currently has one showroom, in the capital Beijing.
SpaceX and NASA’s historic human spaceflight proves what space investors are betting on — commercial companies that can lower the cost to access space.
A partnership between the National Aeronautics and Space Administration and privately held launch company SpaceX was responsible for sending two astronauts to the International Space Station. The news lifted shares of two other companies, Tesla (NASDAQ: TSLA) and Virgin Galactic Holdings (NYSE: SPCE), for related but somewhat different reasons. Tesla shares rose almost 6% Monday morning, reaching their best level since their February all-time highs.
Shares of Amyris (NASDAQ: AMRS) soared as much as 20.9% today after an article on Seeking Alpha suggested the synthetic biology company could be the next Tesla. On the one hand, what investor wouldn't want to own the next Tesla? Shares of the electric vehicle manufacturer and energy pioneer have jumped 3,570% since the initial public offering (IPO).
Nissan (NSANY) incurs fiscal 2019 loss of 671.2 billion yen, which marks the worst in two decades. Meanwhile, AutoZone (AZO) tops fiscal Q3 earnings estimates despite coronavirus woes.
Tesla could face stiffer competition in the world’s biggest car market. Local champions are gearing up to take it on in China. Reuters sources say luxury electric vehicle brand Polestar - owned by Chinese automaker Geely - is planning a big expansion of its sales network. Right now it has just one showroom there, in Beijing. Now 20 are planned, with most opening in the third quarter of this year. Like Tesla, it plans to sell direct to customers, not through third-party dealers. That means an upfront cost developing showrooms. But gives it more control over retail prices. Based in Sweden, Polestar is closely associated with Geely-owned Volvo. It started producing sedans earlier this year in China, and will export them to Europe and the U.S. Right now Tesla has over 50 showrooms in the country. And Polestar isn’t its only competition. Rival Xpeng plans to have about 200 outlets by the end of the year. And with backing from online commerce giant Alibaba it’s got the financial firepower to compete. Meanwhile China’s government wants 25% of all domestic car sales to be electric vehicles by 2025. That leaves a lot to play for.
O'Reilly (ORLY) well poised to benefit from expanding its business through store openings and buyouts amid the coronavirus pandemic.
Tesla blasted higher, clearing an 869.92 cup-with-handle buy point. The successful SpaceX launch was a trigger for Tesla, but the stock has been trading tightly for a few weeks.
Since even before its IPO, top electric-car maker Tesla (NASDAQ: TSLA) has faced tough questions about its future. After that, they were skeptical about the economics of manufacturing a mass-market electric car. Throughout it all, Tesla's reputation, its footprint, and -- for the most part, anyway -- its share price grew and grew and grew (as did its debt load; more on that later).
The Tesla CEO's aggressive criticism of stay-at-home orders could alienate wealthy coastal liberals, who make up the brand's core demographic.
If you think Zoom Video Communications is overvalued, has no moat, and has security issues, just remember that these are all issues Tesla had to overcome as well to deliver amazing shareholder returns.
The Silicon Valley tradition of top executives drawing just $1 a year in salary (followed by Steve Jobs, Larry Ellison, Mark Zuckerberg and Jack Dorsey among others) has been bettered by Tesla chief Elon Musk. Tesla confirmed on Thursday Mr Musk had qualified for the first of 12 possible tranches of the plan, as the company had passed operational milestones of $20bn in annual revenues and a market capitalisation of $100bn.
Tesla (TSLA) closed the most recent trading day at $805.81, moving -1.76% from the previous trading session.
The fortified alliance among Renault (RNLSY), Nissan (NSANY) and Mitsubishi focuses more on efficiency and competitiveness than on volumes.
In a surprise move, electric-car maker Tesla (NASDAQ: TSLA) cut the prices of some of vehicles by as much as 6% this week. While investors can't know for sure exactly what spurred the decision for the price decrease, it almost certainly reflected an effort to increase demand for its vehicles. Further, it's possible that price cuts also reflected improved manufacturing costs.
As we've seen recently, the Dow Jones Industrial Average (DJINDICES: ^DJI) had larger gains than the broader market, but the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) also managed to pick up ground. Among individual stocks, Tesla (NASDAQ: TSLA) shares were surprisingly little changed, even after the electric automaker announced a move that made some fear that vehicle demand could be weaker than previously believed. Tesla shares were up a fraction of a percent Wednesday following news overnight that the automaker had chosen to cut prices of some its vehicles.
What happened Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were trading higher amid a broad-based rally on Wednesday afternoon, after a JPMorgan analyst upgraded the stock ahead of Thursday's earnings report.