Shares in this electric vehicle leader have soared after Donald Trump's election victory.With shares up by over 1,700% over the last decade, Tesla (TSLA 3.07%) has already minted its fair share of wealthy people -- including its famous CEO Elon Musk, the richest man in the world. The recent presidential election victory of Donald Trump seems to have unlocked another bull run. Let's dig deeper into how the new administration could influence Tesla's millionaire-maker potential. The Trump effectTesla's CEO Elo ...

After the recent price breakout, Tesla (NASDAQ: TSLA) stock could be facing a potential pullback based on the equity’s technical setup.Tesla closed the week at $320.72, up 3.07%. The stock has seen significant investor interest amid the post-election rally that pushed it toward the $400 resistance. Analysis indicates that TSLA has formed a bearish counter-attack pattern on the weekly chart, a reversal signal that often emerges near resistance zones, according to GDXTrader in an X post on November 16. “TSLA ...

Tesla (TSLA 3.07%) is currently the eighth-largest company in the world with a market cap of just over $1.05 trillion as of this writing.The stock underperformed the S&P 500 for the majority of 2024, but it has jumped nearly 50% in the past month. The results of the U.S. elections have helped drive Tesla's share price higher, thanks to the belief that CEO Elon Musk's close relationship with President-Elect Donald Trump could benefit the electric vehicle (EV) manufacturer during the new administration.Howeve ...

President-elect Trump wants to eliminate the $7,500 tax credit on electric vehicles, which would hurt Tesla the most.Tesla (TSLA 3.07%) has been the biggest beneficiary of the $7,500 electric vehicle tax credit, but it may be on life support in the next administration. In this video, Travis Hoium shows just how important this is to the company's cash flows.*Stock prices used were end-of-day prices of Nov. 14, 2024. The video was published on Nov. 14, 2024. ...

Cathie Wood has been trimming her position in Tesla and scooping up shares of Archer Aviation.As the CEO of Ark Invest, Cathie Wood has made a name for herself thanks to her strong conviction in exciting technologies and high-profile investments in emerging companies looking to disrupt the status quo.Wood was an earlier supporter of electric vehicle (EV) manufacturer Tesla (TSLA 3.07%), often touting the prospects of autonomous driving and the role artificial intelligence (AI) could play in the company's ro ...

We’re nearing the end of the 2024 Q3 cycle, which has brought many positive surprises as it usually does. S&P 500 earnings are forecasted to be positive yet again, continuing the recent growth streak we’ve enjoyed over recent periods.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Concerning positivity, several companies, including Tesla (TSLA) , Micron (MU) , and Arista Networks (ANET) , all posted results that caused shares to see bullish movement post-earnings. Let’s take a close ...

Tesla fan confirms safety advocacy group’s test results showing that Tesla Full Self-Driving will run down a child crossing the road.Tesla sought to suppress the group’s test findings by threatening litigation, The Dawn Project stands behind its testing and the results. SANTA BARBARA, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) -- The Dawn Project has been conducting safety tests of Tesla’s Full Self-Driving (FSD) software for two and a half years. The results of the safety tests have been shocking and deeply co ...

Cathie Wood, CEO of Ark Investment Management (ARKK), is making waves with a significant portfolio adjustment. Known for her bold bets on disruptive innovation, Wood is recalibrating her focus by trimming her holdings in Tesla (NASDAQ: TSLA) and ramping up investments in Amazon (NASDAQ: AMZN).Over the past few weeks, Ark unloaded a combined total of 404,400 Tesla shares through multiple transactions, including major sales of 85,500 shares on October 24, 120,000 shares on October 28, and additional sales acr ...

Investment Rating - The report does not explicitly mention the investment rating for Tesla [1][2][3] Core Views - Tesla's 24Q3 revenue was $25.18 billion, slightly below Bloomberg consensus by 1.1%, with automotive revenue at $22.81 billion, below consensus by 1.2%, and renewable energy and storage revenue at $2.38 billion, below consensus by 6.5% [1] - 24Q3 gross margin was 19.8%, exceeding Bloomberg consensus by 3.1 percentage points, with automotive gross margin at 20.1%, exceeding consensus by 2.9 percentage points [1] - Adjusted net profit was $2.51 billion, surpassing Bloomberg consensus by 21.4% [1] - Tesla plans to launch a more price-competitive vehicle in the first half of 2025, with expected automotive sales growth between 20% to 30% next year [3] - The company anticipates the mass production of Cybercab by 2026, targeting an annual production of at least 2 million units, potentially increasing to 4 million units [3] Production and Delivery - 24Q3 total deliveries were approximately 463,000 units, a year-over-year increase of 6%, with Model 3/Y deliveries at 440,000 units, up 5% year-over-year [2] - Total production increased by 9% year-over-year in 24Q3 [2] - Cybertruck achieved positive gross margin for the first time in 24Q3 [2] - Semi factory preparations are ongoing, with production planned to start by the end of 2025 [2] - Model Y became the best-selling vehicle in Sweden, the Netherlands, Denmark, and Switzerland in 2024, and the best-selling vehicle in Europe in September [2] Profitability - Automotive gross margin in 24Q3 was 20.1%, an increase of 1.6 percentage points quarter-over-quarter [2] - Excluding credits, automotive gross margin was 17.1%, up 2.4 percentage points quarter-over-quarter [2] Autonomous Driving - Tesla released version 12.5 of FSD (Supervised) in 24Q3, improving safety and comfort with increased data and training computation, a 5x increase in parameter count, and other architectural optimizations [3] - The company plans to expand FSD (Supervised) in Q4 and has deployed a 29,000 H100 cluster system at the Texas Gigafactory for training [3] Investment Recommendation - The report highlights Tesla's strong product cycle and FSD implementation as key focus areas for next year [3] - The long-term growth logic to be validated includes Robotaxi operations and Optimus testing [3] - The report remains optimistic about Tesla's medium to long-term investment value, especially after the resolution of short-term risks post-election [3]

Though it had its fair share of troubles throughout 2024, even being the worst-performing S&P 500 stock at one point in the year, Tesla Motors (NASDAQ: TSLA) experienced two major rally catalysts in the last 30 days.In fact, TSLA shares gained so much positive momentum that they are up 41.72% in the last 30 days. Still, one of the same events that led to the mid-term rally also triggered Tesla stock’s most recent drop – Donald Trump’s presidential election victory.Specifically, the November 14 news that the ...