Tag: Tesla
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Tesla had a record breaking quarter, but why didn’t the stock follow?
Tesla Inc, reported its first quarter deliveries on 2 April. 3 days ago. The company delivered over 422,000 cars and produced a record breaking 440,000 cars. Well if the company did post a record quarter then why did the shares of the automaker tumble by more than 6% on that day? As per some analysts…
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Tesla Investors day couldn’t pull the bull trigger for the stock
Tesla’s highly anticipated and highly waited investors day took place last night at the company’s headquarter in Austin, Texas. Musk revealed his “Master Plan 3” which helped the company lay out its future plans for a green and clean earth with the masses. Tom Zhu, the manufacturing leader for the company announced that Tesla had…
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Tesla stock has already returned a whopping 65% return to investors this year
Yes. While this may sound like a shock, it isn’t one. Tesla has been having its best week since a very long time and this could be reasoned due to earnings and the momentum the stock has had from the start of the year. Tesla stock got drilled last year when it hit lows of…
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Tesla delivered its best numbers ever, the future is brighter than ever for the EV Mogul!
Tesla reported it’s yesterday after the market closed and they surely did impress the analysts on Wall Street. Shares are currently up more than 9% in the morning session of the market and this is the biggest single day gain in the past 6 months. Here’s how the numbers lined up- Investors had been concerned…
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Tesla price cuts, a wise call or a gamble?
Tesla’s stock has been hammered by more than 65% over the past year, and even though the company has been posting record numbers, deliveries and has even released their new Semi-Truck, the stock still doesn’t seem to agree. Recently there has been a lot of concern for the demand for Tesla’s vehicles due to a…
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What’s next for Tesla?
Tesla has been one of the most highly traded stocks in the past few years, if not then the most famous one at least. Tesla’s stock was holding up this current bear market pretty well until in September, the stock finally gave up and took the beating, and still continues to do so. It closed…
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Billionaire Investor Ron Barron states Tesla could soar 570% over the next decade to a $4.5 Trillion Valuation
Billionaire investor Ron Baron of Baron Capital remains bullish on Tesla, despite the stock falling more than 50% this year. In a recent interview, Baron told CNBC that he expects Tesla to deliver outsized gains, eventually leading them toward a $4.5 Trillion valuation. Tesla’s stock will have to reach a price of $1350 to reach…
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Tesla has a bright future and could be worth more than Apple and Saudi Aramco combined, says Elon Musk
In the last Q3 earnings call, Elon Musk mentioned that for the first time ever, he sees a potential for Tesla to be worth more than Apple and Saudi Aramco combined. For context, those are the world’s two biggest companies worth a total of $4.35 Trillion. The market and many investors see Musk’s comment as…
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Tesla's earnings were good, but not good enough
Tesla reported its earnings a few days back and while it did show pretty good numbers, its revenues were not up to the mark for the analysts on Wall Street. Tesla posted a $21.45 Billion Revenue v/s $22.09 expected EPS was $1.05 v/s $1.01 Shares of the EV giant fell by more than 5% after…