Can Tesla’s Resurgence Stick? Are The Highs Getting A Little Too Lofty?
With so much good news on the Tesla front recently, it’s easy to get caught up in the zeitgeist. Skeptics, however, are wary that the upward trend is too short-sighted.
With so much good news on the Tesla front recently, it’s easy to get caught up in the zeitgeist. Skeptics, however, are wary that the upward trend is too short-sighted.
Tesla shares jumped 6.9% this week and were part of a momentum that surged the all-electric car maker’s trends ahead of other EV stocks, such as Rivian, Fisker, and Lucid. The upswing is a reflection of the company’s impressive 83% year-over-year growth in deliveries during the second quarter.
Ah, yes, the moderate middle man who knows better than anyone — that’s what my title implies, right? Not exactly. If the stock is going to go up significantly in the timeframe someone is going to invest in it, then the “bull” is clearly right in net. If the stock … [continued]
Tesla’s Q1 earnings call saw mixed responses from Wall Street, largely due to how its price cuts affected its margins during the quarter. Still, CEO Elon Musk’s promise for a future of significant profitability based on its Full Self-Driving system is keeping some analysts bullish, despite uncertain economic conditions. During … [continued]
Cathie Wood, CEO of investment management firm ARK Invest, has long been bullish on Tesla. Wood recently explained why she thinks Tesla’s stock could hit at least $2,000 by 2027, representing “one of the most important investment opportunities of our lifetimes.” Wood expects Tesla’s Full Self-Driving (FSD) beta to someday … [continued]
My family used to say I had an obsession with Tesla and Elon. I bought a Model 3 as “investment research.” Not to mention it was safe, cool, and it seemed the good folks were making a difference for once. I have written many pieces supporting Elon and Tesla’s vision … [continued]
Tesla’s stock price dropped 9.75% yesterday, just following the release of Tesla’s Q1 report and conference call for shareholders. It’s down 11.4% across 5 days. There’s a lot of discussion about why Tesla’s stock is down so much, with at least half a dozen reasons being commonly put out there. … [continued]
Tesla has its next annual shareholder meeting coming up next month, and many investors are already considering what to expect at the event. Held with a limited in-person capacity at Tesla Gigafactory Texas, most will take part online in a public livestream event. The next Tesla shareholder meeting will take … [continued]
The first three months of the year were eventful for Tesla, to say the least, with sweeping price drops and the announcement of a new gigafactory in Mexico. Through all of it, Tesla has continued to increase its sales and production, clinching two significant quarterly records in Q1. Tesla shared … [continued]
Tesla has had an eventful few years, and from a financial standpoint, it’s hard to refute what the electric vehicle manufacturer has accomplished. With EVs at the helm, Tesla has also established a few key revenue streams that may provide an indication of where the company is headed. Tesla earned … [continued]