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Topic

Tesla shares

Wall Street hovers near record high

Wall Street hovers near record high

Published 12 Nov, 2024 08:08am
NEW YORK: Wall Street’s main indexes were near record highs on Monday, holding on to post-election gains, ahead of...
Tesla shares drop on lack of clear forecast amid global chip crunch

Tesla shares drop on lack of clear forecast amid global chip crunch

Published 27 Apr, 2021 09:17pm
  • The electric-car maker's quarterly revenue made it barely past estimates, relying mostly on sales of environmental credits and the liquidation of 10% of its $1.5 billion bitcoin investment.
  • "A global shortage of computer chips is expected to limit production from all manufacturers in the immediate future, and Tesla won't be exempt," said Nicholas Hyett, equity analyst at Hargreaves Lansdown.
Tesla's market value set to gain $50bn on record first-qtr deliveries

Tesla's market value set to gain $50bn on record first-qtr deliveries

Published 05 Apr, 2021 05:33pm
  • The carmaker's shares, up nearly 8% in pre-market trading, were on track to hit their highest in over a month.
  • The electric-car maker said on Friday it was encouraged by the strong reception of its Model Y crossover in China and it was quickly progressing to full production capacity.
Wall Street set to open higher as tech sell-off cools

Wall Street set to open higher as tech sell-off cools

Published 24 Feb, 2021 08:04pm
  • Growth stocks find respite after six-day sell off.
  • Tesla up as Ark Invest buys $171 mln more shares.
  • Lowe's rises on beating estimates for Q4 same-store sales.
  • Futures up: Dow 0.06%, S&P 0.23%, Nasdaq 0.35%.
Tesla shares fall ahead of S&P 500 debut after hitting record on Friday

Tesla shares fall ahead of S&P 500 debut after hitting record on Friday

Published 21 Dec, 2020 07:58pm
  • Tesla's shares were recently down around 4% in pre-market trading after closing at a record high of $695 on Friday.
  • Silverblatt said that for every $11.11 Tesla moves, the S&P 500 changes 1 point, while the S&P's 2021 price/earnings ratio will rise to 22.6 from 22.3.
Tesla shares rise in busy trade ahead of S&P 500 debut

Tesla shares rise in busy trade ahead of S&P 500 debut

Published 19 Dec, 2020 12:29am
  • Elon Musk's Tesla on Monday will become the most valuable company ever admitted to Wall Street's main benchmark.
  • The company's shares were up 2.2% to $670.30 in mid-day trading, hitting a record high, although the stock did briefly turn negative during the session. Tesla shares have soared some 700% so far in 2020.
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