Tag Archives: elon musk

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...

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...

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...

NASA Marshall center claimed that they have the employee tested positive for the coronavirus. SPCE stock started falling in the premarket after a good Friday.Johns Hopkins University says the U.S. already has 3,300 or more contamination cases. Dow and S&P 500 do not show any signs of positive resolve. Nasa, Boeing, Blue Origin and Lockheed Martin have set the limit for their employees, they also cancel public events. The development of important spacecraft hardware is under attack....

The Tesla (TSLA) stock price has crashed 45% from its 2020-high in less than a month’s time. Morgan Stanley has reduced the target for the Tesla stock and global economic concerns weigh in.Giving a much-needed breather to investors, the Dow Jones Industrial Average closed this week on Friday on a positive note. Crashing close to 21,000 levels on Thursday, Dow Jones made a quick recovery on Friday surging nearly 2000 points. However, Wall Street’s top performer for 2020, Tesla Inc (NASDAQ:...

Despite a fall of Tesla (TSLA) stock by 1.72% on Wednesday and by 7.88% in the premarket today, the company is now ranked highest-valued U.S. industrial company after overtaking Boeing.Tesla Inc (NASDAQ: TSLA) made headlines on Wednesday after its market capitalization hit $114 billion, surpassing the value of Boeing Co (NYSE: BA) which is at $110 billion. This now means Tesla is the company that is ranked the highest U.S. industrial company in terms of capitalization. However, the stock...

Tesla CEO Elon Musk announced that the company has plans to expand its production in the U.S. Cybertruck and Model Y factories are to be opened there.Tesla Inc (NASDAQ: TSLA) Co-Founder and CEO Elon Musk went to Twitter to announce that the company is set to open a Tesla Cybertruck gigafactory in the central USA, while Model Y production set for the east coast. It is a bold move to invest billions of money at these uncertain times headed by coronavirus stock panic.Scouting locations for...

Elon Musk has announced that Tesla has now produced 1 million vehicles. Tesla (TSLA) stock positively reacted to this announcement and jumped almost 10% in the premarket.As many companies decry the current state of the market, some are still finding ways to weather the storm. The world’s biggest firms including Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN) and Tesla Inc (NASDAQ: TSLA), have seen record plunges in recent times, because of the coronavirus pandemic. Tesla, however, is...

Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.Following the beginning of the oil price war, crypto and stock markets have started a downward movement. Bitcoin and other cryptos’ prices rapidly dropped, the market capitalization also tanked. Stocks of tech companies have suffered as well. We have already reported on Tesla Inc...

Shares of Tesla (TSLA) were down 12.01% at the opening today as the oil price war between OPEC and Russia alongside deepening coronavirus anxiety in the U.S. rattled investors.Tesla Inc (NASDAQ: TSLA) stock has fallen drastically today by 12.01% retesting February’s low and support at the same time. Tesla stock market received a hard blow after OPEC and the Russians failed to come into a common agreement on the crude oil prices amidst the decline in global demand that has been as a result of...