Tesla is now eligible to be considered for inclusion in the popular S&P 500 index after its successful earnings results. On Wednesday, Tesla reported its fourth consecutive quarterly profit, the final milestone it needed to reach for consideration in the index. Here’s what happens next, according to the S&P D&Jones. …
Read More »Tesla shares fell after stellar gains. Here are a few reasons why.
Electric vehicle maker Tesla crushed profit estimates Wednesday night. Initially, its shares appeared in off-hours trading, but closed with a 5% drop on Thursday. Determining Tesla’s stock (ticker: TSLA) can be difficult, but there are a few reasons for its weak performance on Thursday. Wall Street was impressed with the …
Read More »Tesla shares fell after stellar gains. Here are a few reasons why.
Text size Tesla shares saw an improvement and a decline on Thursday. Both ended in Hold. Emmanuel Dunand / AFP via Getty Images Electric vehicle maker Tesla crushed profit estimates Wednesday night. Initially, its shares appeared in off-hours trading, but closed with a 5% drop on Thursday. Determining Tesla’s stock …
Read More »Tesla’s renewable energy business could bring company value to billions, says billionaire Chamath Palihapitiya
Tesla’s electric car business was “the first wave of growth” and will give way to a greater focus on renewable energy, billionaire Chamath Palihapitiya said on Wednesday. Elon Musk’s company is “the leading coverage when it comes to electrification and decarbonization,” and is worth trillions of dollars once investors appreciate …
Read More »Tesla’s earnings broke forecasts again. Hello, S&P 500.
Text size Héctor Retamal / AFP via Getty Images Elon Musk has done it again, exceeding Wall Street expectations for Tesla‘s earnings significantly for the fourth consecutive quarter. The electric vehicle manufacturing company (ticker: TSLA) reported adjusted earnings per share of $ 2.18, and a profit under generally accepted accounting …
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