Tesla stock rose 7.69% on a positive day for the market, marking its third consecutive day of gains.
Apple stock rose more than 2% on Tuesday ahead of its Sept. 12 event where the company is expected to announce new products, including the iPhone 15 and new Apple watches.
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 Cboe Global Markets Inc. rose 0.43% after snapping a three-day losing streak, outperforming some of its competitors.
Tesla's stock slid 1.78% as the overall stock market experienced a rough trading session.
Tesla's stock is rising after an optimistic report from Morgan Stanley about Tesla's Dojo supercomputer, which could add about $500 billion in value to the company and potentially become a direct revenue generator.
Tesla's stock rose 6% after being upgraded by Morgan Stanley due to the company's potential in autonomous driving, while J.M. Smucker lost 6.2% following its agreement to acquire Hostess Brands for $5.6 billion, and Tenable Holdings gained 4.3% after receiving an upgrade from JPMorgan.
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 Microsoft Corp. fell 2.50% as the stock market experienced a dismal trading session, ending its two-day winning streak.
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.
Starbucks Corp. shares dropped by 2.16% as the stock market took a hit, resulting in their third consecutive day of losses.
Shares of Microsoft Corp. rose 0.17% to $317.54, ending a six-day losing streak, as the broader stock market also experienced positive gains.
Tesla shares dipped before the opening bell on Tuesday due to concerns over demand and EU regulatory scrutiny, while China car insurance registrations for Tesla fell short of Q2 records, and EU regulators are investigating Chinese subsidies benefiting Tesla and other domestic EV manufacturers.
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.
Tesla stock slipped 2.02%, ending a three-day winning streak, as the overall market experienced a poor trading session, with both the NASDAQ Composite Index and Dow Jones Industrial Average falling.
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.
Tesla's recent stock splits and its strong performance indicate solid fundamentals and growth prospects, leading to a bull-case price target of $2,500 per share by 2027, implying an 860% upside, according to Cathie Wood's Ark Invest. While the assumptions may be outlandish, Tesla's strong foothold in the electric car and autonomous vehicle markets, as well as its plans for FSD software and robotaxi services, make it a potential investment opportunity for risk-tolerant investors.
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 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.
US electric vehicle sales reached a new milestone in the third quarter, with a 50% increase from last year, but Tesla's market share is shrinking as other automakers see significant EV sales gains.
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.
Shares of Microsoft Corp. rose 1.50% on a favorable trading day, snapping a two-day losing streak and outperforming some of its competitors.
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.
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.
During the third quarter of 2023, Tesla improved its market share in the largest car markets globally, reaching a record of four percent in the United States/Canada, increasing sales and expecting to continue expanding its market share in the near future.
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.
