Tesla stock rose 7.69% on a positive day for the market, marking its third consecutive day of gains.
The S&P 500 Index slipped 0.15% after a four-day winning streak, likely indicating a small further decline in prices over the next few sessions.
Tesla's stock performance has been mixed as of late, facing increasing competition and pressure to release the Cybertruck, but it remains a dominant EV maker with a strong charging network.
Shares of Tesla Inc. dropped 5.0% after the company reduced prices in China for the second time in two weeks, despite experiencing overall volatility this year.
Shares of Tesla Inc. rose 2.7% to buck the trend of weakness in the electric vehicle market, as the stock looks to rally over 20% above its recent low.
Microsoft Corp. shares slipped 0.20% as the stock market experienced a rough trading session, with the S&P 500 and Dow Jones Industrial Average also falling.
Tesla stock surged 10% and added over $70 billion to its market value after Morgan Stanley upgraded it and highlighted the potential value of its Dojo supercomputer, which could drive a 50% increase in the company's stock upside.
Tesla's stock broke through upside technical resistance and entered a fresh bull market, thanks to bullish fundamental factors such as an analyst upgrade and the labor battles faced by its rivals.
Tesla's stock rallied 1.43% amidst mixed trading, closing $42.50 short of its 52-week high.
Tesla was the most shorted large-cap stock in the US for the third consecutive month in August, but saw a 10% rally after a bullish research note from Morgan Stanley.
Shares of Charles Schwab Corp. slipped 2.58% on a dismal trading session, underperforming some of its competitors.
Shares of Tesla Inc. TSLA fell 2.62% to $255.70 as the stock market experienced a poor trading session, with NASDAQ and Dow Jones also declining.
Tesla's stock fell after Barclays predicted that the company would fall short of delivery expectations, with analysts forecasting third-quarter deliveries of 455,000 units compared to the consensus forecast of 463,000 units.
Wall Street stocks slipped as investors reviewed data on the US economy, with the S&P 500 and the Dow Jones Industrial Average trading slightly lower, and the Nasdaq Composite dropping further; the 10-year Treasury yield continued to rise, and oil prices turned lower after hitting new highs.
Tesla stock has received an upgrade despite falling 6.8% in September due to downgrades and estimate cuts, providing some positive news amidst concerns over delivery outlook.
Shares of Tesla Inc. rose 2.44% as the stock market had a favorable trading session, snapping a two-day losing streak.
Tesla missed market estimates for third-quarter deliveries due to planned factory upgrades, causing a 2.4% drop in its shares, although the company's target to deliver 1.8 million vehicles this year remains unchanged.
Tesla stock surged 5.2% and cleared its 50-day line after investors showed optimism for a fourth-quarter rebound in deliveries and the launch of the Cybertruck, despite analysts cutting third-quarter EPS estimates ahead of Tesla's Q3 earnings.
Tesla's stock fell nearly 1% after the company cut prices on some models and reported third-quarter deliveries that missed market expectations.
Tesla shares fell after the company lowered prices on its Model 3 and Model Y vehicles in the U.S. to boost demand, following lower-than-expected third-quarter deliveries.
Tesla's stock dipped by 1% after sales of its China-made electric vehicles decreased by 10.9% in September, with Model 3 and Model Y sales down 12% from August to September.
Tesla's stock ended the latest trading session at $259.67, with a slight decrease of -0.33%, and analysts are closely watching the company's upcoming earnings disclosure, expecting a decrease in EPS but an increase in revenue compared to the previous year.
Bitcoin slipped just under 1% in the past 24 hours as bearish calls among analysts, including Jim Cramer, grew, while overall market capitalization lost 0.3%.
Tesla's market share in the electric vehicle (EV) market in the United States has fallen to its lowest ever, despite a price war, but the launch of its Cybertruck could reverse the trend, according to a report by Cox Automotive.
Tesla's early lead in the American EV market is slipping as other companies, such as Chevrolet and Volkswagen, experience significant sales growth, resulting in Tesla's reduced market share and the need for further innovation.
Tesla's share of the U.S. electric vehicle market has dropped to 50% as new competitors, including EV startups and legacy automakers, gain market share due to increased competition and the release of their own electric models.
The stock market rally had a mixed week with a disappointing finish, as major indexes rose initially but hit resistance, and tech leaders backed off, leading to caution for new buys and a potential sell-off of recent purchases, while Tesla stock held up despite expectations of its worst earnings in two years.
Tesla's third-quarter profit estimates have dropped by almost 50% this year due to aggressive price cuts, but the stock continues to rise, adding over $420 billion in market value, creating conflicting signals about the company's future prospects.
Traders anticipate less volatility in Tesla stock following the release of the company's third-quarter results, with options pricing indicating a projected move of 5.6% in either direction, lower than the average historical move of 9.4% for the past five quarters.
Tesla's profits dropped by 44% in the third quarter due to significant price cuts, and CEO Elon Musk warned that the new Cybertruck model would take at least 18 months to become profitable.
Tesla's adjusted profit in the third quarter fell 37% compared to the prior-year quarter, with operating margin erosion and increased costs due to a price war and factory shutdowns impacting the company's performance.
Dow Jones and S&P 500 futures dipped while Nasdaq futures rose slightly, Tesla stock plummeted due to weak earnings and warnings from Elon Musk, and Netflix surged on strong subscriber growth and price hikes.
Tesla's position in the global electric vehicle market is slipping, particularly in China, where it has fallen behind its competitors and struggles to offer cheaper options, while also facing intense competition and heavy subsidies from local manufacturers.
Stocks fell as Treasury yields rose and investors reacted to a speech by Federal Reserve Chair Jerome Powell, with the Dow Jones Industrial Average down 0.75%, the S&P 500 falling 0.9%, and the Nasdaq Composite leading the losses with a nearly 1% drop; in other news, Netflix shares surged more than 16% after the company reported a surge in subscriber numbers and announced plans to raise prices in the US, while Tesla shares fell almost 10% after the company's earnings missed estimates.
The stock market rally faces further losses as volatility increases and the 10-year Treasury yield reaches almost 5%, but there is hope for a bounce as market fear gauges rise; Tesla plunges in volume due to weak earnings and a lack of growth, while stocks like Adobe, Arista Networks, Microsoft, Palantir Technologies, and Meta Platforms are worth watching for potential buying opportunities.
Tesla's share price dropped by nearly 9% and Elon Musk's net worth decreased by $24 billion after the company's poor Q3 report and Musk's pessimistic remarks about the global economy.
Tesla's stock price fell 8% as CEO Elon Musk's warning about higher interest rates and delayed production of the Cybertruck caused a sell-off.
Tesla's stock was up 79% for the year in 2023, but recent events and price cuts have led to a 15% drop from the previous week and a 24% drop from this year's high in July, affecting the company's profit margins.
Tesla's stock fell below a key level, indicating a possible longer-term downtrend, following disappointing earnings and a three-day losing streak.
Tesla's stock had its worst week of 2023, with shares plunging 16% due to disappointing earnings and a disastrous call led by CEO Elon Musk, wiping off nearly $130 million off the EV maker's market capitalization and decreasing Musk's personal fortune by around $30 billion.
Shares of Tesla Inc. are set to have the worst four-day performance this year, as the stock continues to decline amid disappointing earnings and recalls.
Stocks slipped as investors analyzed mixed earnings reports from Microsoft and Alphabet, with the Dow Jones Industrial Average rising 0.2%, the S&P 500 falling 0.6%, and the Nasdaq Composite dropping over 1%.
Stocks slipped as investors reacted to mixed earnings reports from Microsoft and Alphabet, with the Dow Jones Industrial Average gaining 0.2%, the S&P 500 falling 0.6%, and the Nasdaq Composite dropping over 1%. Alphabet shares slid more than 8% due to underperformance in its cloud business, while Microsoft stock rose 4% on strong earnings results.
Hertz's stock value plummeted by 15% after reporting missed earnings estimates, mainly due to Tesla's price cuts on their electric car models, resulting in a significant drop in the residual value of Hertz's Tesla fleet and higher repair costs.
