‘Dangerous’ Tesla Shares Tank after Snub from S&500

Mohit Oberoi

Tesla shares were trading sharply lower in aftermarkets on Friday after it failed to get an entry into the S&P 500. It had become eligible for inclusion into the index after posting a net profit in the second quarter of 2020, its fourth consecutive profitable quarter. S&P 500 gets three new constituents Despite Tesla theoretically…

Does Split Makes Tesla Stock Attractive?

Mohit Oberoi

Tesla, the popular electric vehicle maker, would trade adjusted for the split on Monday. Do shares look attractive after the split? Earlier this month, Tesla announced a five for one stock split after the stock’s sharp rally. It was preceded by the announcement of Apple’s four for one stock split last month. Both Tesla and…

Tesla’s 10-year ride as a public firm, investors ready to sign up for more

Galina Mikova

The 10-year anniversary of Elon Musk’s company going public has yielded positive results for Tesla stock. As the electric vehicle maker moves into double figures as a publicly-traded company on Monday, investors are celebrating its success from the initial public offering price of $17 a share to $1,079 on the technology-laced Nasdaq stock exchange. Since…

Tesla stock

Tesla stock fallson Elon Musk vows to move factory out of California

Siraj Sarwar

Tesla (NYSE: TSLA) stock price almost 5% after the chief executive Elon Musk said he would sue Alameda County, California, immediately, saying that an “unelected & ignorant” interim health officer is acting contrary to the governor, the President, and the UU Constitution. The 48-year-old billionaire is among the biggest advocates of the reopening of economic…

Elon Musk calls lockdowns ‘fascist’ as Tesla posts profit despite virus

Siraj Sarwar

Tesla’s (NASDAQ: TSLA) Elon Musk (pictured) told reporters during the post-earnings conference call that Lockdowns are “fascist” and people should be handed back their “goddamn freedom”. This clashed with the view of a rival big tech billionaire Musk wants to reopen closed manufacturing facilities, as the company added that forced shutdowns could negatively impact 2020…

Tesla stock

Tesla stock surges 60% in seven days

Siraj Sarwar

Tesla (NYSE: TSLA) stock price has so far recovered more than half of the losses it suffered during the coronavirus selloff as some pundits believe Tesla is well-placed to recover at a faster pace than legacy automakers because the coronavirus spread will slow their move towards electric vehicles. Investors’ confidence in Tesla’s production capacity is…

Tesla stock

Tesla stock lifts 20% after beating first-quarter delivery forecasts – but brokers expect tough times ahead

Siraj Sarwar

Tesla (NYSE: TSLA) stock price surged almost 20% in after-hours trading as the world’s largest electric vehicle maker delivered 88,400 vehicles worldwide in the first quarter, down 21% from the last three months of 2019. But this quarter’s figure easily topped analyst’s first-quarter consensus estimates of 78,100 deliveries. While Tesla has highlighted its strong operational and…