Despite the gravity-defying Tesla surge so far in 2020, the action has more room to run, according to a Monday note from Piper Sandler. Sandler raised its Tesla price target from $ 939 to a high of $ 2,322, implying a potential upside of 55% since Monday’s close. The company …
Read More »Free pizza and a 75-foot musk statue: the battle for the next Tesla plant
(Reuters) – Tulsa, Oklahoma, is an oil industry city with a 75-foot (23m) statue called “The Golden Driller.” FILE PHOTO: Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla’s Model Y show, made in China, in Shanghai, China on January 7, 2020. REUTERS / Aly Song / …
Read More »Tesla’s shares soared. Then $ 55 billion was stripped of its value.
Text size Monday’s reversal was the biggest change from positive to negative for Tesla since June 30, 2010, one day after it went public. Photography by Andreas Dress After a wild Monday, Tesla shares lost about $ 55 billion from their intraday peak and closed 3.1%, after rising more than …
Read More »Tesla’s shares have more than doubled this year. Why this investor is still a fanatic.
Text size The Tesla showroom and service center in Amsterdam. (Photo by JOHN THYS / AFP via Getty Images) AFP via Getty Images This conversation with Baillie Gifford’s partner and global equity chief James Anderson about Tesla’s shares is excerpted from Barron’s recent mid-year Roundtable, released on July 10. To …
Read More »Spartan buys Fisker for $ 2.9 billion. What it says about hot electric vehicle stocks.
Text size Fisker believes that Ocean is the world’s most sustainable all-electric SUV. Courtesy of Fisker. It’s official. Spartan Energy Acquisition is buying California-based electric vehicle maker Fisker in a deal that values the startup at $ 2.9 billion, another $ 1 billion valuation for the ultra-powered alternative fuel space. …
Read More »