Tag Archives: tesla model s

Following months of repeated price cuts, Tesla has raised the price of some of its EV offerings in China to remain competitive.  Tesla (NASDAQ: TSLA) has hiked the price of its new Model S and Model X electric vehicles in China by 19,000 yuan ($2,751). On Friday, the company’s website reflected the product price increase, which comes on the heels of price hikes for its other cars. Tesla Models S and X EVs to Sell for 808,900 Yuan and 898,900 Yuan in China As it stands, Tesla’s Model S...

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...

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...

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...

Tesla had (and still has) a great day on Tuesday since its stock is growing at a faster pace ever and is closer and closer to $1000. At 3:10 pm ET the stock was growing by 21.21% to $945.The surge has been happening as soon as the market had opened, which means it had grown by almost $300 a share in just two trading sessions. The rise drove the automaker’s general value to more than $160 billion after it just got to $100 billion in value less than two weeks ago.Jesse Cohen, an analyst with...

Porsche makes a great comeback to the Super Bowl with its first ad since 1997. The commercial is showing a 60-second car chase with the main star – all-electric Taycan Turbo S sports car.According to the company, a Super Bowl ad featuring the Taycan was really important in order to build awareness for the car. As Porsche already has mentioned, its main attempt is to continue attracting new customers interested in all-electric vehicles.Klaus Zellmer, president and CEO of Porsche Cars North...

After several years of failing to meet the excessively optimistic forecasts, Tesla Inc. delivered in 2019. The company continued its profitability streak in Q4. It earned around $105 million and generated $7.4 billion in revenue. That represents 56 cents a diluted share, compared with $140 million, or 78 cents a share, in the same year-ago period. These results beat expectations and sent shares flying in after-market trading on January 29.Most of the promises that the Chief Executive Elon...

Tesla stock price has continued to rise after making spectacular gains at the weekend. Tesla stock closed at $478.15 apiece on Friday. This has made Oppenheimer and Co. Inc. give the biggest bullish price prediction yet. The New York-based investment firm has given a price prediction of $612 per share. Sources indicate that this is the highest share price prediction given by a Wall Street firm. The firm said in a note to its clients:“We believe the company’s risk tolerance, ability to...

According to a recent report from Bloomberg, Tesla is making interesting strides with its car factory as it has now inched very close to erection. Per a statement from the Brandenburg state government, authorities have agreed to the terms of a contract between both parties, for the sale of land in Grunheide, a municipality close to the capital. The land near Berlin is 300 hectares large (741 acres) and will house the gigafactory that will be built by Tesla.Apart from the terms stipulated in...

Ark Investment Management founder and CEO Catherine Wood commented that huge jump in Tesla’s stocks that began yesterday after the company released its earnings is just “the beginning of an eventual rise to $4,000 per share and possibly beyond.”And she might be right, because, even though the earnings were nothing special, they were still better-than-expected and at the stock ended yesterday trading with a rise of 17.67% to $299.68. However, at the time of writing, the stock was in a slight...