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Tesla (TSLA) stock growth and the company’s performance are expected to help Tesla enter the S&P 500 index. The stock hit a new record high on Friday closing above $1540 levels.The stock market rally for the electric-automobile giant Tesla Inc (NASDAQ: TSLA) looks unprecedented, especially during the COVID-19 economic slowdown.
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Tesla investors are beginning to short the company’s stock. As a result, the automaker is poised to hit the $20 billion short-interest threshold.Tesla Inc (NASDAQ: TSLA) has been making headlines with the company’s continuous growth. With a market capitalization of $253.34 billion, the automaker is now the 16th largest stock
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After the earlier release of the autopilot driver-assistance system, Tesla has announced plans to deliver its vehicles with autonomous driving technology. TSLA stock is up.Electric vehicle maker Tesla Inc (NASDAQ: TSLA) is now close to pulling off level 5 autonomous driving technology on its vehicles. Speaking in a video at the
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Every few months, Tesla’s chief executive Elon Musk comments on Bitcoin, Ethereum, or another cryptocurrency.In May, he commented on Bitcoin to J.K. Rowling, the author of the Harry Potter series. Responding to the author’s assertions that she doesn’t understand the leading cryptocurrency, Musk wrote:“Pretty much, although massive currency issuance by
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The stock price of Tesla (TSLA) surpassed $1,200 in pre-market, achieving a market capitalization of over $220 billion. Now, the most valuable car company in the world is worth 30% more than the entire market cap of Bitcoin (BTC), the biggest and most popular cryptocurrency in the world. Tesla overtook Toyota
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On June 25, Uphold announced that they will allow users in Latin America to use cryptocurrency to acquire fractional ownership of the world’s leading companies.Uphold supports dozens of cryptocurrencies, including Bitcoin (BTC). In theory, its users could acquire a stake in Amazon, Apple, Google or Tesla for as little as
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Goldman Sachs and Morgan Stanley each downgraded Tesla, which recently became the world’s most valuable carmaker. Other analysts have also downgraded Tesla stock, with some suspecting that a big correction is due. Analysts have been making gloomy TSLA forecasts since January. Will they be proven wrong again? An unstoppable surge briefly made Tesla
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17-year-old Tesla is now more valuable than 83-year-old Toyota (less its Treasury holdings). Investors seem to have ignored Elon Musk’s tweet from weeks ago that said the stock price was too high. Competition is heating up in the alternative energy vehicle category from both new and old automakers. Tesla (NASDAQ:TSLA) hit a milestone
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Today the value of Tesla stock set a new record high at $1,027, bringing the market capitalization to $188 billion, and also surpassing the total market cap of Bitcoin (BTC), which hovers at $181 billion.While the value of Tesla stock and Bitcoin price are not interconnected, there is a symbolic
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The Tesla stock is en route to reach a record high this week after a 7.56% gain. Boost in Elon Musk’s image as a CEO and reopening of Tesla’s gigafactories place the company in a strong position. Retail investors are also absorbing the sell-off of TSLA stocks from institutions. The Tesla stock (NASDAQ:
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