Crypto EcoBlog
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 »TSLA Stock Falls 15.49% in Premarket Today, Down More Than 40% from ATH of $917
Though a month ago TSLA stock was approaching $1000, today it is trading much lover. Its current price is below $500 in the premarket.Most of the tech stocks rose Friday together with the rest of the market. However, Tesla Inc (NASDAQ: TSLA) again decided to swim against the stream so it ended the week in the red after hours after President Donald Trump declared a national emergency over the coronavirus pandemic. Tesla shares opened on Friday at $595 plunged to $502 at their lowest point in...
Read More »Tesla (TSLA) Stock Shows Volatility, Price Crashes to $500 Despite Dow Recovery on Friday
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:...
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 »TSLA Stock Down 1.72%, Tesla Is Highest-Valued U.S. Industrial Company Overtaking Boeing
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...
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 »Tesla (TSLA) Stock Today Down 12% as Oil Price War Hits Everyone without Any Exceptions
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...
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...
Read More »Tesla (TSLA) Stock Could Hit $1,060 as Coronavirus Creates Opportunity, Says JMP Analyst
JMP said its new price target of $1,060 for Tesla (TSLA) stock, is one of the highest on Wall Street and implies earnings multiple that “may seem excessive”.Shares of electric carmaker Tesla Inc (NASDAQ: TSLA) grew on Tuesday after JMP Securities upgraded it and set a price target of $1,060 per share. That would mean that Tesla is among the stocks with the highest level on Wall Street.From JMP Securities it’s said that the “investors may find themselves with additional near-term opportunities...
Read More »Tesla (TSLA) Stock Rose 11.32% Despite Morgan Stanley Says It’s Still a Sell
Despite the massively weakening demand in the European market, the TSLA stock surged 11% on Monday beating down the bears. Reportedly Tesla is focusing on strengthening its position in the North American market.On Monday, March 2, the Tesla Inc (NASDAQ: TSLA) stock gained over 11% with its price moving close to $750 but Morgan Stanley still asks investors to be cautious. This recovery came amidst the broader markets showing marginal recovery on Monday. Although the COVID-19 cases have been on...
Read More »