People freaked out a bit at the end of this week when Tesla CEO Elon Musk tweeted, “Tesla stock price is too high imo.” I should rephrase it: Tesla shareholders freaked out a bit
Tesla now has as high a market cap that is nearly as large as BMW and VW combined. An article by Spiegel noted a few days ago that Tesla [TSLA] had surpassed the two, but the stock has dropped a bit since then. Nonetheless, it’s still close.
I love looking at auto sales charts — and creating them — and we do so somewhat obsessively as it concerns electric vehicles and Tesla. From a static point of view today, looking at Tesla’s global sales versus the global sales of Audi, BMW, or Mercedes-Benz (let along Volkswagen Group or Toyota) and then looking at Tesla’s [TSLA] market cap compared to those companies can leave you scratching your head
Tesla is growing like no other company in the auto industry and is pretty much on a tear. This is a good thing. In late 2019, as in four days before 2020, CNBC had Steve Westly, a former Tesla board member and a member of the Westly Group, on its Power Lunch show. They got right to the point with this question: “What’s changed in 90 days?”
A recent article by Bloomberg indicates Tesla was the best performing auto stock of the decade. Tesla had its IPO in 2010. What were you doing ten years ago
It’s an axiom of investing that the sure sign of a market peak is when the very last bear throws in the towel. Is that what we’re seeing, now that CNBC’s Jim Cramer has become a Tesla true believer?
A few weeks ago, thanks to a friendly Tesla fan on Twitter, The Guardian, and Rainforest Action Network, I shared the news that the top 3 banks funding fossil fuel development also — through a different arm — are providing bearish forecasts for Tesla [TSLA] and recommending traders sell the stock rather than buy it. The update this week: despite a surprise profit in quarter 3 and much of the market swinging in the other direction, the Tesla analysts at these top 3 fossil fuel funders are holding steady on their bearish stance and recommendation to sell
As you may have seen, Tesla recently showed another quarterly profit, which apparently shocked the market enough that the Tesla [TSLA] stock price shot up. I don’t follow the stock closely, but I am a shareholder and find the whole “Tesla bull vs Tesla short” debate quite fascinating. I’ve had several thoughts on the stock and these different investment communities in the past week, but the one that shot to the front most quickly and strongly was simple: TSLA bulls warned the TSLA shorts
I cannot speak for the rest of the $58.78 billion market cap of Tesla [TSLA], but from my perspective as a tiny, tiny, tiny shareholder and as someone who has obsessively covered Tesla professionally for several years, I’ve got a few thoughts on why it is Tesla has surpassed GM and Ford to become the most valuable American automaker. Let’s look at this in 7 parts
Thanks to some work by Rainforest Action Network and The Guardian, as well as a post from a member of a Tesla forum, I recently wrote an article highlighting that the #1 fossil fuel development financier happens to also be…