36 Articles
Official
Tesla shares surge to another record high

Stop us if you've heard this before

Tesla shares rose to $2,290 in mid-day trading before leveling out at $2,240, the highest price since the company went public at $17 a share in 2010. Tesla's shares have risen more than 420% since the beginning of this year, turning some retail investors into millionaires. While other carmakers are forced to invest billions to overhaul their internal combustion engine operations to produce battery-powered cars, investors are confident that Tesla can make the shift from a niche carmaker into a

Report
Tesla appears poised to electrify S&P 500, which could further electrify Tesla stock

It would be among the most valuable companies ever added

Tesla Inc appears on the verge of joining the S&P 500, a major accomplishment for Chief Executive Officer Elon Musk that would unleash a flood of new demand for the electric car maker's shares, which have already surged 500% over the past year. With a market capitalization of about $250 billion, Tesla would be among the most valuable companies ever added to the S&P 500, larger than 95% of the index's existing components. While analysts and investors have recently become more confident of Tesla

ETC
Tesla stock rise appears to qualify Elon Musk for $700 million payday

Price bounces back after his strange 'too high' tweet

Shares of Tesla Inc jumped more than 8% on Monday, putting Tesla's market capitalization at $141.1 billion at the close. More importantly for Musk, Tesla's stock market value reached a six-month average of $100.2 billion, according to an analysis of Refinitiv data. Hitting a six-month average of $100 billion triggers the vesting of the first of 12 tranches of options granted to the billionaire to buy Tesla stock as part of a pay package agreed in 2018.

Followup
After Tesla stock's dizzying climb, an almost-as-dizzying fall

It catches the coronavirus

Tesla's stock tumbled 17% on Wednesday, hitting the brakes on a dramatic rally as a senior executive said the coronavirus outbreak in China would delay deliveries of its Model 3 cars and analysts warned of its high valuation. With Tesla still up more than 25% since the company posted its second consecutive quarterly profit a week ago, Canaccord Genuity cut its rating on Tesla to "hold" from "buy," further shrinking the already small number of analysts who recommend buying the stock. T

Followup
Tesla stock's wild ride: Madness or visionary investing?

Good news, but also short sellers, may be driving the price spike

Eight months after it seemed headed for the corporate junkyard, Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year. In a reversal of fortune analysts find amazing if not nutty, the stock of the electric vehicle and solar panel maker has rocketed to nearly $900, up over 30% in just the past two days. It is now worth five times what it was in June, when there were

Official
Tesla stock jumps 20% in one day on Panasonic's earnings

Panasonic posts first quarterly profit in U.S. battery business with Tesla

Panasonic Corp reported the first quarterly profit in its U.S. battery business with Tesla Inc on Monday, after several years of production troubles and delays at the U.S. partner. The news comes after the U.S. electric vehicle maker reported its second successive quarterly profit last week, as vehicle deliveries hit a record.

Green
Tesla shares hit record high, close to Musk's $420 take-private offer

Tesla's market capitalization of $74 billion is way higher than Ford or GM

The recent run-up is a stunning turnaround for the shares, triggered by a rare quarterly profit in October, news of production ramp-up in its China factory and upbeat early deposits for its recently launched electric pickup truck. Tesla's shares were up 2.2% at $413 on Friday, trading 46% higher than Wall Street's current median price target.

Report
Tesla's Elon Musk made $1.1 billion yesterday, how about you?

Thanks to skyrocketing share prices, yesterday was a very big payday for Tesla founder Elon Musk. The already wealthy businessman added another $1.1 billion, ten percent of his net worth, to his overflowing wallet yesterday after Tesla's shares hit $248. This time last year, TSLA w

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