India is going on a nationwide quarantine. For at least the next 24 hours all Indians are discouraged to go to the streets. Also, the WHO thinks that the United States can become the next hot spot for coronavirus pandemic.Great Britain, India and many other countries already imposed hardcore quarantine. The coronavirus, U.S. markets, and overall uncertainty makes people go hoarding. Coronavirus spreading across the planet is causing much panic from the government and investment sides too. All...
Read More »Tesla (TSLA) Stock Rises 15%, Is It Time to Buy TSLA Instead of Toilet Paper?
Tesla (TSLA) Stock price is up. There are several reasons to think that the automaker will do well during these chaotic times.Tesla Inc (NASDAQ: TSLA) stock price went up in the pre-market today. And this tendency continued when the market opened. This indicates that Tesla is getting something right amidst the stock market chaos. The COVID-19 situation has driven everyone into panic mode. As such, the reaction of the markets is panic based on irrationality rather than rationality that...
Read More »Tesla (TSLA) Stock Up 1.49% Now as Tesla and GM to Produce Ventilators for Coronavirus Needs
Tesla (TSLA) stock is in the green now. Tesla, GM, and Ford have been given the go-ahead to ramp up the production of ventilators used in the treatment of coronavirus patients.Tesla Inc (NASDAQ: TSLA) stock is now trading at $433.91 which indicates a 1.49% growth. Previously, the stock closed at $427.53 after retesting the all-time lows. A closer look at the market chart on the higher time frame, the free fall might not be over for the electric auto car maker. The fall comes a time when the...
Read More »Bitcoin Price Down 12% Since New Year to Date, While S&P 500 Down 28.5%
Bitcoin price is down 12.5%, S&P 500, Nasdaq indexes as well as companies like Berkhire Hathway has also lost significantly since the beginning of the year. Oil war adds fire to the financial crash party.Since the year beginning, the halving hype was striking the news. Many of the industry experts issued predictions of a sharp price increase. However, even despite the halving that will make Bitcoin more scarce, coronavirus is drowning the markets. Bitcoin has gained a lot, yet lost -12.5%...
Read More »Tesla (TSLA) Stock Price Bounces Back Above $470, Could Be the Best Time to Buy Now
While Tesla (TSLA) stock has corrected 60% in just over a month’s time, its valuations look to be attractive. With strong fundamentals in place, the stock could be a potential buy for the long term.Since the beginning of 2020, Tesla Inc (NASDAQ: TSLA) stock has witnessed heavy trading volumes on Wall Street and attracted many investors who wanted to buy it. Earlier this year when the markets were roaring to its all-time high, Tesla stock appreciated over 100% up to mid-February.At the time of...
Read More »Tesla CEO Elon Musk Offers to Manufacture Ventilators to Help Coronavirus Patients
Elon Musk has offered to manufacture ventilators if they become scarce. He said this while tweeting about a possible effective form of COVID-19 treatment.Elon Musk has offered to manufacture ventilators in the U.S. to help beat COVID-19. Sources say that the serial entrepreneur indicated this on a twitter thread. Musk it appears has had a change of heart about coronavirus. This comes after he allegedly called the emotional response about the situation “dumb”. The coronavirus panic is dumb—...
Read More »TSLA Stock Down Antirecord 16.03% after Tesla Factory Shutdown Order
On Tuesday, the Bay Area’s local sheriffs’ department ordered the Tesla factory shutdown, but the plant with its 10,000 employees is still operating. TSLA stock is down.One would think that Tesla Inc (NASDAQ: TSLA) stock has already been to the lowest possible level. However, it still continues sliding, reaching the price below $400. Yesterday, TSLA stock closed at $361.22, 16.03% down. This anti record movement resulted not only from coronavirus that has undermined the whole market but also...
Read More »Tesla (TSLA) Stock Slips Below $450 amid Marketwide Crash, Fundamentals Remain Strong
While Tesla (TSLA) stock has crashed over 50% over the last month, its fundamentals currently remain solid. Tesla is facing a massive blow on its manufacturing facilities due to the coronavirus outbreak.The COVID 2019 outbreak has taken a huge toll on the global markets and Wall Street’s once best performer Tesla Inc (NASDAQ: TSLA) took a severe beating. Just over the last week, the Tesla (TSLA) stock has crashed nearly 30% showing extreme volatility.Tesla (TSLA) Stock TodayDespite Dow Jones...
Read More »Tesla Stock Slides 5% While Its Model Y Deliveries Begin
TSLA stock is down while the company started delivering its latest car models on March 13, ahead of the initial schedule of autumn 2020. Later, Tesla made an official announcement and presented a video of the Model Y. Tesla Inc (NASDAQ: TSLA) stock continues plunging. Yesterday, it closed at $445.07, 18.58% down from its previous close of $546.62. Today, it was trading at $448.40 in the early hours, with the day high reaching $456.12 later. At the moment of writing, Tesla stock makes up...
Read More »Tesla (TSLA) Stock Down ‘Record’ 18.58% Yesterday as Price Target Cut to $380 by RBC
Tesla (TSLA) stock plummeted 18.58% in trading on Monday from its previous close of $546.62 to $445.07. The stock has fallen amid the broader sell-off in U.S. markets.Shares of electric-car company Tesla Inc (NASDAQ: TSLA) were slashed on Monday after Wall Street suffered massive losses amid concerns over the economic impact from the coronavirus outbreak which has an impact on the analysts’ price target for TSLA. The stock fell as much as 18.58%. However, in premarket it was a bit up – by...
Read More »