Tesla profit

Tesla Earnings In 2019 & 2020 — What Can We Learn? Plus, Happy New Year!

5 years ago Vijay 0 Comments

There have been many pieces on Tesla stock’s rocket run over the last month. According to stockcharts.com, Tesla went from a low price of 328.69 on December 2nd, 2019, to a closing price of 430.38 on December 27th, 2019 (it has dropped a bit since then). This is a phenomenal return of 30.9% gain in less than 30 days. I speculated earlier on many reasons why it happened. It turns out, though, the reason may be very simple. Wall Street analysts are expecting Tesla to earn higher profits in 2019 and 2020 compared to what they thought 3 months ago.

MarketWatch: Tesla’s Road Gets Easier From Here

6 years ago Johnna Crider 0 Comments

In an article published by MarketWatch, the author believes that Tesla’s road will be easier from here. This verdict rides on the heels of Wednesday’s market close, in which Tesla reported $150 million in profits in the third quarter of 2019. Analysts were confident that Tesla would be reporting losses. In fact, many critics/short sellers who think Tesla is an imminent failure considered the quarter to perhaps be the beginning of the end, the last nail in the coffin. (It’s Halloween season, we need some seasonal metaphors).

Major Tesla Short Seller Switches To Long, Cites 4 CleanTechnica Charts

7 years ago Kyle Field 0 Comments

Longtime Tesla short firm Citron Research has totally flipped on Tesla [TSLA]. It has gotten straight from its position shorting the stock all the way on over to a comfortable long position in the stock, according to a report issued by the firm today. The longtime shorter of Tesla’s stock issued a multi-page report to justify its change of heart, citing numerous charts from CleanTechnica in support of the change — well, four charts out of the 18 we published on Sunday.