|Bid||842.00 x 1800|
|Ask||842.75 x 1000|
|Day's range||804.21 - 835.00|
|52-week range||176.99 - 968.99|
|Beta (5Y monthly)||1.16|
|PE ratio (TTM)||N/A|
|Earnings date||22-Jul-2020 - 27-Jul-2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||532.88|
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.
Tesla is slashing prices to rev up demand that's been hammered as people stay at home. The luxury electric vehicle maker chopped prices in North America as much as 6%. Its shaving $5,000 off its Model X SUVs and Model S sedans, which will now retail for just under $80,000 and $75,000 respectively. The lower-priced Model 3 sedan is now $2,000 cheaper, at just under $38,000. Tesla also said it'll cut prices in China by around 4% for the Models X and S. Other automakers like GM, Ford and Fiat Chrysler, are offering 0% financing and deferred payment options in a bid to lure buyers after auto sales hit the brakes. Analytics firm J.D. Power predicts retail sales of autos in the U.S. were likely halved in April from a year earlier. But it says sales are likely to improve in May due to incentives and pent-up demand. Car plants in the U.S. have begun to reopen this month. Tesla resumed production at its California factory after resolving a dispute over safety measures with local authorities.
Tesla Inc <TSLA.O> has cut prices of its electric vehicles by as much as 6% in North America following a decline in auto demand in the region during weeks of lockdown that have now started to ease. Tesla also said its Supercharger quick-charging service will no longer be free to new customers of its Model S sedans and Model X sport utility vehicles (SUVs).
According to a Tuesday filing with the Securities and Exchange Commission (SEC), SpaceX's latest funding round was a smashing success. Elon Musk, the CEO of carmaker and solar energy provider Tesla (NASDAQ: TSLA), founded SpaceX in 2002. In March, SpaceX filings indicated it had raised $221.2 million in funding from 11 investors, in response to a $250 million offering.
What happened Shares of VectoIQ Acquisition (NASDAQ: VTIQ) were up on Tuesday, as the stock continued to gain momentum ahead of an expected merger with electric-semi maker Nikola Motor next month. As of 12:45 p.
A recent study by Raj Chetty and his Harvard colleagues for the National Bureau of Economic Research suggests that much of the decline in economic activity in US states was already happening before states shut down. Under these circumstances, Mr Musk’s decision to throw a juvenile tantrum towards state and local public health officials — who according to preliminary studies were responsible for saving thousands of lives — seems amazingly selfish.
When you think "clean energy," you probably picture rows and rows of solar panels, or maybe a wind farm or hydroelectric dam. Enter Clean Energy Fuels (NASDAQ: CLNE), which provides natural- and renewable-gas-based fuels for vehicles. The first thing you may be wondering is why anyone would even be interested in natural gas fuel when there's already plenty of oil-based diesel fuels around, not to mention green "biodiesel" options and zero-emission battery technology.
Tesla Inc <TSLA.O> is seeking Chinese government approval to build model 3 vehicles in the country equipped with lithium iron phosphate (LFP) batteries, a document on the website of the Ministry of Industry and Information Technology showed. Reuters exclusively reported in February that Tesla is in advanced talks to use LFP batteries from CATL <300750.SZ> that contain no cobalt - one of the most expensive metals in electric vehicle (EV) batteries - in cars made at its China plant. Tesla did not immediately respond to a request for comment.
After receiving clearance last week to reopen its factory in Fremont, California, Tesla (NASDAQ: TSLA) will allow workers who have concerns about the coronavirus to take unpaid leave through the end of the month, according to an internal memo initially reported on by Bloomberg News. According to the memo, which came from Tesla's North American HR chief, Valerie Capers Workman, the company's attendance policy will be reinstated at its Fremont factory starting this Friday. Tesla is reportedly allowing such employees to take unpaid leave through May 31 if they submit a signed form documenting their concerns.
In this case, Tesla (NASDAQ: TSLA) and Uber (NYSE: UBER) might be great stocks if you're looking for a big gain. Over the past four years, Tesla's compounded annual revenue growth rate was 57%. With its industry-leading position, Tesla is poised to capitalize on this expansion.