Tesla(TSLA)
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Why Tesla Stock Was Climbing This Week
The Motley Fool· 2024-10-24 17:26
The EV maker impressed investors with its third-quarter earnings report.Shares of Tesla (TSLA 20.32%) were on the move this week after the leading electric vehicle (EV) maker posted strong profit growth in its third-quarter earnings report, and gave a bullish forecast for vehicle production in 2025.That news helped reassure investors that the company still has plenty of growth left. As a result, the stock was up 15.1% for the week as of 11:55 a.m. ET on Thursday, according to data from S&P Global Market Int ...
Elon Musk Had a Lot to Say on Yesterday's Conference Call. Here Are Some Key Moments.
Investopedia· 2024-10-24 16:30
After Tesla (TSLA) reported third-quarter earnings that beat analysts' expectations, CEO Elon Musk updated investors on the company’s growing profitability, ambitions for 2025, and more. Investors liked what they heard last night, with the EV maker's stock up nearly 20% in Thursday trading, in positive territory for the year. Tesla Grows Profits In a 'Very Challenging Automotive Environment’ Tesla's net income for the third quarter grew 17% year-over-year to $2.17 billion, as its gross margin rose to 19 ...
Tesla Q3 'An Unexpectedly Good Quarter': 10 Analysts On Earnings, Margins, FSD, Robotaxis, More
Benzinga· 2024-10-24 16:28
Tesla Inc TSLA beat earnings estimates and showed improving margins in the third quarter, along with a strong vehicle delivery outlook for 2025, which were among the highlights for analysts.The Tesla Analysts: Piper Sandler analyst Alexander Potter reiterated an Overweight rating on Tesla with a $310 price target.Bank of America analyst John Murphy reiterated a Buy rating and raised the price target from $255 to $265.Cantor Fitzgerald analyst Andres Sheppard maintained a Neutral rating and raised the price ...
Tesla: Profitability Increases Should Drive Stock Higher
Seeking Alpha· 2024-10-24 16:22
Tesla, Inc. 's (NASDAQ: TSLA ) stock surged after hours on Thursday as the EV giant reported better-than-expected EPS, margins, and other profitability-related metrics, soothing recent investor concerns. I recently discussedAre You Getting The Returns You Want? Invest alongside the Financial Prophet's All-Weather Portfolio (2023 47% return) and achieve optimal results in any market.The Daily Prophet Report provides crucial information before the opening bell rings each morning.Implement my Covered Call Divi ...
Tesla: Look Beyond Appearances
Seeking Alpha· 2024-10-24 16:13
The market seems to have taken the Tesla, Inc. (NASDAQ: TSLA ) Q3 2024 results very positively. In fact, the price per share is rising in double digits. The biggest concern was continuing to see declining profit margins, but thereHi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old. In 2023 I graduated in Business Administration and I am completing my studies. My interest in financial markets started about 5 years ago when I accidentally came across a video about ...
Tesla shares surge 19% and head for best day in more than 3 years on Musk's 2025 growth projection
CNBC· 2024-10-24 15:59
CANNES, FRANCE - JUNE 19: Elon Musk attends 'Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk' session during the Cannes Lions International Festival Of Creativity 2024 - Day Three on June 19, 2024 in Cannes, France. (Photo by Marc Piasecki/Getty Images)Tesla shares soared roughly 19% Thursday morning, putting the stock on pace for its best day in more than three years, following the company's better-than-expected earnings report.The company late Wednesday reported revenue ...
3 Reasons to Buy Tesla Stock Like There's No Tomorrow
The Motley Fool· 2024-10-24 15:55
Investors are liking Tesla's latest report, but things could get even better in the future.Tesla (TSLA 18.84%) shares opened higher on Thursday after a better-than-expected quarterly report. Critics will point out that an already overvalued stock is now even more richly priced. Folks upset about Elon Musk's political antics will argue that the gains can't last for a divisive and mercurial CEO.However, Tesla has traded higher -- much higher -- than it is right now for a good chunk of time. There was also a l ...
Tesla: Sell The Rally, Autonomous Robots Do Not Justify Sky-High Valuation
Seeking Alpha· 2024-10-24 15:40
Tesla, Inc. (NASDAQ: TSLA ) stock rallied by 16% following the release of its Q3 2024 earnings report , buoyed by an improvement in profit margins. While the EV business remains a key revenue and profit driver at present, theStriving to uncover long-term investment opportunities (10+ years) through in-depth research and analysis. Nexus Research seeks to evaluate and compare business strategies to determine a company’s potential for market penetration, revenue growth and profit margin expansion. During marke ...
Tesla zooms higher as analysts hail progress on margins, robotaxis and robots
Proactiveinvestors NA· 2024-10-24 15:32
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Tesla Stock: Buy the Dips, Sell the Rips
MarketBeat· 2024-10-24 15:23
Tesla NASDAQ: TSLA is a good company, but that doesn’t mean its stock price will have a significant rally anytime soon. The market for Tesla is valued in many different ways for many reasons, including its status as a vehicle OEM, an EV pure-play, a tech innovator, its energy business, AI, and the Elon Musk factor, to name just a few. The takeaway is that this market has support but also resistance to higher prices that will likely keep it range-bound for the foreseeable future. In this regard, investors an ...