The previous discounts have positively affected Tesla’s quarterly sales, with the automaker selling 422,875 cars EVs in Q1. Tesla Inc (NASDAQ: TSLA) has announced further price cuts for its Model 3 and Model Y electric vehicles. This is the second time within a month that the electric car maker is doing this. The price cut announcement precedes Tesla’s Q1 earnings report, which will be monitored closely by investors. Investors will observe how Tesla maintains its profit margins after...
Read More »Tesla Slashes Its Car Prices in US and Europe
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Read More »TSLA Stock Gains Over 8% as Tesla Reports Best Q1 Deliveries Despite Coronavirus Outbreak
Tesla reported much better Q1 deliveries than Wall Street could expect due to the risks associated with coronavirus. TSLA stock is up.Electric carmaker Tesla Inc (NASDAQ: TSLA) said on Thursday that they had the best first-quarter performance ever with 103,000 vehicles produced and 88,400 vehicles delivered. This number of deliveries revealed by Tesla was a surprise for many investors. The company also said that its Shanghai factory continued to achieve record levels of production, despite...
Read More »TSLA Stock Rises Over 8% Now but Some Analysts Downshift Tesla
Tesla stock’s rebound makes us believe that Tesla shares are now a good investment. At the moment of writing, TSLA stock is trading at over $545.After a long downfall, Tesla Inc (NASDAQ: TSLA) stock rises again, which allows investors to believe in the car manufacturer’s long-term prospects. Today, its price has been $521.50 or 3.27% up at the opening. At the moment of writing, it is even higher, $549.14. Tesla stock has added $44At the beginning of 2020, Tesla witnessed heavy trading volumes...
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 11.62%, Morgan Stanley Cuts Target Over Coronavirus Concerns
As the whole markets come crashing down, Tesla stock price tanked 11.62% on Tuesday closing at $560 levels. With the Tesla production taking a massive hit, analysts are slashing the target for its stock price.Almost every stock on the market has taken a severe beating over this week’s market massacre amid coronavirus spread, and Tesla Inc (NASDAQ: TSLA) is no different. Just over the last five days, the Tesla (TSLA) stock price has crashed over 20%. On Thursday, Dow Jones closed 10% lower...
Read More »Tesla (TSLA) Stock Rose 6.14%, Company Prepares to Expand its Building Capacity in China
While TSLA stock is quite unstable these days, Tesla has announced its new plans for its production activity in China.Tesla Inc (NASDAQ: TSLA) stock rose by 6.14% by Wednesday to trade at $644.81 while there were revealed the company’s plans to increase its production capacity in China. The stock market had been bleeding out due to the sharp decline in crude oil prices that hit the market caused by the ongoing coronavirus outbreak. Since Monday, Tesla (TSLA) stock nosedived after the release...
Read More »TSLA Stock Jumped 9.98% in Premarket, Elon Musk Says Tesla Has Produced 1 Million EVs
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...
Read More »Top 5 Reasons to Buy Tesla (TSLA) Stock and Not to Sell Until 2025
Looking for the next stock in the market which can ensure a better retirement for you? Ignore Tesla (TSLA) stock at your own risk!With a solid performance over the last two quarters, Tesla has sent shivers to its competitors in the automobile industry. In just the last six months, Tesla Inc (NASDAQ: TSLA) stock has jumped over 200% making it the second-largest global automobile after Toyota Motor Corp (TYO: 7203). And probably it could be a good reason to buy Tesla (TSLA) stock these days.The...
Read More »TSLA Stock Is Still Number One among Most Shorted Stock with $12 Billion
Tesla (TSLA) stock is the most shorted stock on the market. Over the last seven days, its short-sellers made $1.1 billion. It runs neck-and-neck with Apple.While coronavirus is devastating the market, Tesla Inc (NASDAQ: TSLA) stock is still number one among most shorted stocks. According to fintech company S3 Partners, over the last seven trading days, short-sellers made a total of $51.3 billion. $1.1 billion of the mark-to-market profit belongs to Tesla’s short-sellers. However, the gains do...
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