Tesla's stock is consolidating near the top of Tuesday's trading range, forming an inside bar pattern, which suggests a potential bullish continuation in the near future, but if the stock fails to reclaim the 50-day SMA, it may experience increased volatility.
Tesla shares dropped 5% after the company reduced prices on certain models and its premium driver assistance software, despite CEO Elon Musk's previous statement that the price of the software would only increase.
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.
Tesla's stock slid 1.78% as the overall stock market experienced a rough trading session.
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 jumped 10.09% and snapped a three-day losing streak, closing at $273.58, as the overall stock market experienced a positive trading session.
Amazon stock rallied 3.52% as the overall stock market had a great trading session, with the S&P 500 and the Dow Jones Industrial Average also rising.
Tech stocks rallied, with Tesla surging more than 10% after an upgrade by Morgan Stanley, and Qualcomm jumping almost 4% on news of a continued supply agreement with Apple, leading to a 1.14% increase in the Nasdaq Composite.
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.
Tesla's stock fell 4.23% as the overall stock market experienced a rough trading session, marking the stock's third consecutive day of losses.
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 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.
Stocks rallied on Friday after a positive jobs report, with employment increasing and wage growth slowing, leading major U.S. indexes to close the week in the black; upcoming reports on producer and consumer inflation will provide further insight for policymakers.
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.
