Tag: $tsla
-
Tesla (TSLA) S&P 500 debut to usher in $8B demand from US large-cap funds
Tesla (NASDAQ:TSLA) may have a lot of momentum now, but the electric car maker could very well be on the verge of receiving another massive boost. According to analysts from Goldman Sachs Group Inc. on Friday, Tesla’s inclusion in the S&P 500 next month could result in $8 billion of demand from active US large-cap…
-
Elon Musk adds $82.2B to net worth in 2020 after TSLA stock surge
Tesla CEO Elon Musk’s net value has risen by over $82 billion in 2020 following a 480% increase in stock price up to now this year. Musk, who helped found Tesla in 2003, is the company’s biggest shareholder, and as CEO, helps oversee the business ’s day-to-day operations. 2020 has been especially rewarding for its…
-
Tesla bull shares insights on why regulatory credits don’t matter for TSLA’s profitability
New Street Research managing spouse Pierre Ferragu recently explained why Tesla’s (NASDAQ:TSLA) EV credits is only icing on the cake to the electric automobile manufacturer. Tesla reported a revenue of $8.771 billion with a net income of $331 million in Q3, with regulatory credits accounting for about $397 million of their EV manufacturer ’s earnings.…
-
Tesla’s (TSLA) massive valuation could make S&P 500 inclusion complicated
Tesla (NASDAQ: TSLA) is set to join the S&P 500 on December 21st, making it one of the newest members of the world’s most influential stock index. However, Tesla’s gigantic market capitalization, which has made it the most valuable car company globally, could make the inclusion process slightly more complicated than initially planned. Tesla’s over…
-
Tesla ‘mania’ spoils notorious short-seller Einhorn’s Q3 Earnings
Tesla has made a lot of investors rich. In turn, it’s also made a lot of short-sellers less wealthy. David Einhorn of Greenlight Capital Re is one of the latter. The Hedge Fund Manager notorious for big runs at the World Series of Poker and online jabs at Tesla CEO Elon Musk reported his Q3…
-
LIVE BLOG: Tesla (TSLA) Q3 2020 earnings call summary
Tesla’s (NASDAQ:TSLA) third-quarter earnings call comes on the heels of an impressive quarter that saw the electric car maker posting $8.771 billion in revenue and $809M GAAP operating income, beating Wall Street’s estimates once more. With these results, Tesla has now posted five consecutive profitable quarters. As revealed in the company’s Q3 2020 Update Letter, Tesla…
-
Tesla (TSLA) analysts settle on bullish outlooks after impressive Q3 Earnings
Tesla (NASDAQ: TSLA) revealed an impressive third-quarter in terms of production, deliveries, and profitability during its Q3 Earnings Call on October 21st. The quarter was referred to as “our best quarter in history” by CEO Elon Musk, and analysts at various Wall Street firms have revised their price target outlooks for the electric automaker. Analysts…
-
Tesla (TSLA) Q3 2020 earnings call with Elon Musk set for October 21
Tesla (NASDAQ: TSLA) will be posting its Q2 2020 financial results on Wednesday, October 21, 2020. After the closing bell, the company will release a brief advisory with a link to its Q3 2020 Update Letter. TSLA will hold its regular Q&A session for the third quarter at 2:30 PM PST (5:30 PM EST). Retail…
-
Tesla (TSLA) bull looks to decade of ‘hyper growth,’ adjusts price target accordingly
Tesla (NASDAQ: TSLA) bull Pierre Ferragu of all New Street Research was a long-time supporter of Elon Musk’s electrical vehicle company. A recent note by Ferragu, together with a recently fixed cost target of $578 from $400, suggested the analyst sees “a decade old hyper growth beforehand. ” Ferragu also upgraded his rating TSLA stock…
-
Tesla’s Elon Musk closes in on 4th major payout as TSLA valuation hits 6-month average of $250B
Tesla CEO Elon Musk is heading into what could very well be the fourth major payout from his unique 10-year performance award, which was approved by TSLA investors in 2018. If Tesla maintains its momentum, or better yet, if the company shows another profit for the third quarter, the Tesla CEO could end up putting…