Leading EV company Tesla Inc. (NASDAQ:TSLA) has lately been hogging the limelight after the company delivered yet another stellar quarterly report that cemented its status as one of the most disruptive technology companies in the world. Tesla shone on all key metrics: The company built 237,823 cars (+64%) and delivered 241,391 (+73%), finishing Q3 with […]
Read More(Bloomberg) — If you were wondering which junk-rated company would be the first to reach a trillion-dollar market capitalization, your wait is over. It’s Tesla Inc. The automaker’s debt may still be considered speculative-grade, but its stock passed $1 trillion mark on Monday, according to data compiled by Bloomberg. Tesla shares, which have been on […]
Read More(Bloomberg) — Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet. The cars will be delivered over the next 14 months, and Tesla Inc.‘s Model 3 sedans will be available to rent at Hertz locations […]
Read MoreTesla stock ended at $909.68 Friday, a record close. The stock’s incredible run continues. Photograph by Joe Raedle via Getty Images Tesla stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go? Tesla (ticker: TSLA) stock closed at $909.68, […]
Read More(Bloomberg) — Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted. The stock gained as much as 0.4% to $846 in U.S. premarket trading on Monday, set for a 50% increase from a March 8 […]
Read MoreWedbush analyst Dan Ives is a Tesla bull and believes shares of the EV giant will surge. He’s upbeat on production capacity. Adam Berry/AFP via Getty Images Stock of Electric-vehicle pioneer Tesla is outperforming, stoking hopes among bulls that shares can eclipse prior highs. To get there, shares will need a catalyst, which might not […]
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