The main topic is the success of former Tesla executives in raising over $26 billion for their own green energy startups.
1. More than 30 startups have been launched or led by ex-Tesla managers.
2. The experience at Tesla has given them credibility with investors backing the startups.
3. The executives have raised over $26 billion for their new ventures.
Tesla is predicted to reach a value of $1.00 by the end of the year, and despite mixed opinions on its quality, it is seen as a dominant force in the automotive industry similar to other successful tech companies like Apple, Nvidia, Google, Amazon, and Microsoft.
Tesla stock rose 7.69% on a positive day for the market, marking its third consecutive day of gains.
Tesla's stock is surging and flirting with a buy point due to positive buzz around the company's upgraded Model 3 and upcoming Cybertruck, as well as the increase in Tesla insurance registrations in China.
Tesla has raised prices on a key model after previously lowering them, causing the stock to tumble.
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.
Dell Technologies' shares surged and reached a record high after the company raised its financial forecasts, citing the positive impact of artificial intelligence and recovering demand for computer hardware.
Tesla was able to boost its sales in China by 9.3% in August, thanks to price cuts.
Tesla's production at its manufacturing plant in Shanghai increased in August to meet Wall Street's output targets.
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 is set to release a new $25,000 electric car, potentially revolutionizing the world of EVs with its affordable price and expected range of 250-300 miles on a single charge.
Tesla is gaining momentum on Wall Street as an artificial intelligence stock.
Tesla's supercomputer, Dojo, has the potential to increase the company's market capitalization by $600 billion, according to Morgan Stanley, as it can train AI models for autonomous cars and open up new markets beyond vehicle sales.
Morgan Stanley upgrades Tesla and makes it a top pick with analyst Adam Jonas predicting a 60% rally, while Gilead Sciences could jump nearly 30% as biopharma bounces back, says Bank of America.
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 stock surged 10% after a Morgan Stanley analyst upgrade highlighted the potential of the company's artificial intelligence capabilities and software and services revenue.
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.
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.
Morgan Stanley's upgrade of Tesla's stock to "overweight" and their positive outlook on Tesla's Dojo supercomputer led to a 10% rally in the company's share price, with the potential of adding up to $500 billion to its market value.
Tesla's market cap experienced a $70 billion surge after Morgan Stanley published a bullish report on the company's Dojo supercomputer, which is expected to solve hardware problems in AI and potentially contribute to the realization of Elon Musk's vision of full self-driving cars.
Tesla received a bullish upgrade from Morgan Stanley analyst Adam Jonas due to the potential value of its Dojo supercomputer, but Gordon Johnson of GLJ Research disagrees, criticizing the speculative nature of Jonas' claims and highlighting issues with Tesla's advanced driver assistance technology, leading him to rate TSLA shares as Sell.
Despite Tesla's record deliveries in the second quarter, the series of price cuts have impacted margins and Goldman Sachs analyst Mark Delaney expects Tesla to continue slashing prices in 2024 to support higher volumes, resulting in lower vehicle sales than previously anticipated in Q3 and reduced EPS estimates for 2023 and 2024.
Bitcoin's price rose by 3%, surpassing $27,000 for the first time in two weeks, leading to a minor increase in mining stocks like Hut 8 Mining, Riot Platforms, and Marathon Digital.
Analysts at Morgan Stanley have upgraded Tesla stock to "Overweight" and raised their price objective from $250 to $400, citing the potential value of the new Dojo system, which they believe could add $500 billion to Tesla's market in the future; however, skepticism remains about the timing and impact of the technology, and concerns persist about Tesla's core business and declining margins.
Tesla's stock is nearing crucial support levels, potentially causing turbulence for investors as it descends from its recent peak.
Bitcoin price surged above $26,800 as bulls targeted $27,000, with analysts predicting a potential rally to $30,000 in October.
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 faces new troubles as delivery numbers disappoint and sale prices decline, while CEO Elon Musk faces legal troubles over Twitter disclosure; however, analysts still back Tesla with a Moderate Buy rating and a 9.24% upside potential.
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 Inc. has once again reduced the prices of its popular models in the US to boost demand and take advantage of improved supply conditions, with the company offering discounts of up to $2,250 on certain models.
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.
Investors are driving Tesla closer to rejoining the $1 trillion club with a market cap of $850 billion, but the company's Q3 delivery performance and price cuts highlight challenges ahead.
