Tag: $tsla
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Elon Musk’s Tesla stock sales are designed for maximum taxation
The past week has seen Elon Musk offload his Tesla shares in a steady stream, resulting in some of the company’s supporters wondering why the CEO appears to be bleeding out his sales of TSLA stock over a period of time. As explained by Musk recently on Twitter, however, his low basis share sale rate…
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Elon Musk is about 30% through his Tesla stock sale
Tesla (NASDAQ: TSLA) CEO Elon Musk is about 30% through his sale of the automaker’s stock. A new filing with the SEC on Friday morning confirmed Musk sold another $683.7 million of Tesla shares, bringing the grand total thus far to 5.2 million unloaded shares for the Tesla CEO this week. Musk started selling Tesla…
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Tesla (TSLA) makes largest 12-day gain in the history of capital markets: report
Tesla (NASDAQ:TSLA) as a company is no stranger to doing things that were widely thought of as impossible. It made the stigmatized segment of electric vehicles exciting with cars like the original Roadster and the Model S. It also proved that battery production is the next great frontier with projects such as Gigafactory Nevada. And…
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Tesla’s new Street-high price target dismisses ‘Tesla Killers’ once-and-for-all
Tesla (NASDAQ: TSLA) has a new Street-high price target from Alex Potter of Piper Sandler, who increased his outlook on the automaker’s stock from $1,200 to $1,300 following a surge in the company’s valuation this week. Potter sees Tesla in the proverbial driver’s seat of the EV sector, especially as competition and self-labeled “Tesla killers”…
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Tesla has paid off six loans worth over $1B in 2021
Tesla has paid off six loans so far in 2021, equating to over $1 billion in debts that have been removed from the company’s financials. The automaker, which surged to a valuation of over $1 trillion yesterday, detailed the repayment of these loans in a 10-Q filing with the SEC. Tesla’s total repayment of its…
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Tesla has paid off six loans worth over $1B in 2021
Tesla has paid off six loans so far in 2021, equating to over $1 billion in debts that have been removed from the company’s financials. The automaker, which surged to a valuation of over $1 trillion yesterday, detailed the repayment of these loans in a 10-Q filing with the SEC. Tesla’s total repayment of its…
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Tesla’s strong Q3 financials catalyze price target increases from analysts
Tesla (NASDAQ: TSLA) posted an incredibly strong third quarter last evening during its Earnings Call, making remarkable strides on its financials to extend its profitable quarters streak to nine. Analysts at numerous Wall Street firms are upgrading their price targets on Tesla stock following the company’s strong numbers and positive outlook moving forward as it…
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Tesla’s ‘track record of growth’ pushes $900 PT from BoA ahead of Q3 Earnings
Just one day before Tesla (NASDAQ: TSLA) is set to report its earnings for the third quarter of 2021, Bank of America Securities analysts are bumping their price target to $900. The automaker’s “track record of growth, consistent capital raises, and overall investor hype” drove Bank of America analyst John Murphy to increase his price…
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Jefferies raises Tesla (TSLA) price target to $950 over strong demand, growing capacity
Tesla stock (NASDAQ:TSLA) recently received an optimistic outlook from Jefferies Equity Research, with analyst Philippe Houchois raising his price target on the automaker from $850 to $950 per share. Jefferies cited several reasons behind its update on TSLA stock, though the analyst noted that part of it is due to the growing gap between Tesla…
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Tesla shareholders vote overwhelmingly to retain Kimbal Musk, James Murdoch on Board
Tesla (NASDAQ: TSLA) shareholders voted overwhelmingly to retain Kimbal Musk, brother of CEO Elon Musk, and James Murdoch on Tesla’s Board of Directors, according to an 8-K filing with the SEC that revealed the number of votes to re-elect the two to the company’s Board for three more years. On October 13th, Tesla filed an…