Shares of Tesla (NASDAQ
NASDAQ
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Full Answer
Why is Tesla a risky stock investment?
May 11, 2022 · The most likely culprit for Tesla's declining share price is none other than CEO Elon Musk himself, who took the stage at the Financial Times Future of the Car 2022 yesterday to speak on a variety...
Why is Tesla stock currently doing so well?
May 09, 2022 · TSLA stock is down 6.7% as of Monday afternoon and is down 32.6% since the start of the year. Investors searching for more of the latest stock market news are in the luck!
Why do people keep shorting Tesla stock?
Apr 26, 2022 · The bottom line on Tesla stock is clear: it will rebound in the near future, particularly as the proposed stock split draws near. Shares have been forced down by temporary market forces, and they...
Why everyone should sell Tesla stock now?
May 09, 2022 · Stock markets continued to slide on Monday, with the S&P 500 falling 1.9% through 9:50 a.m. ET and the Nasdaq down 2%. Shares of electric car leader Tesla (NASDAQ: TSLA) didn't escape the selling ...
Key Points
With fourth-quarter deliveries significantly outpacing the prior quarter's, the company should convey impressive top- and bottom-line results.
NASDAQ: TSLA
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What happened
Tesla ( TSLA 1.14% ) reports fourth-quarter and full-year 2021 earnings tomorrow after the bell, and the stock is down in advance of that. At 10:06 a.m. ET, Tesla shares were 1.75% lower after having dropped nearly 3% to start Tuesday's market session.
So what
To be clear, today's drop isn't likely due to investor worry about tomorrow's earnings. In fact, Tesla, like many other technology names in the Nasdaq Composite index, has been moving lower all month. After having hit the $1.2 trillion market cap threshold, Tesla shares are down almost 25% since Jan. 3, 2022.
NASDAQ: TSLA
But with a valuation still topping $900 billion, investors will want to hear good things from the company tomorrow evening. Tesla reported about $3.2 billion of net income in the first nine months of 2021, and in its full-year report, it will very likely let investors know it surpassed revenue of $50 billion for the year.
Now what
For the company to hit that revenue level, it will only need to match its third-quarter results. Since the company has already informed investors that it delivered 28% more vehicles in the fourth quarter than in the third quarter, results are likely to increase sequentially.
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How much did Tesla stock fall on January 26?
Shares of Tesla (TSLA) fell 6% Tuesday after closing down 8.5% Monday, wiping out its gains for the year. The stock closed at a record just above $883 on January 26 and has tumbled since. It fell low as $619 Tuesday, the first time Tesla (TSLA) shares have fallen below $700 since December 31.
How much did Tesla invest in bitcoin?
Tesla announced earlier this month that it had invested $1.5 billion in bitcoin. That helped feed the recent rally in bitcoin and by some estimates earned Tesla a quick $1 billion profit — more than it has ever made from selling cars in a single year.
Is Tesla worth it in 2020?
Tesla shares rose a market-leading 743% in 2020, as investors embraced the idea that the future of the auto industry would be electric. Tesla remains by far the most valuable automaker in the world, with a market value well above that of the eight largest automakers combined.
Does Tesla make money?
The earnings showed that the money Tesla made from the sale of regulatory credits to other automakers outpaced its overall net income. Critics, like Johnson, said it's proof Tesla isn't able to make money building and selling cars (although by some other profit measures Tesla is profitable).
Is Tesla the most valuable automaker in the world?
Tesla remains by far the most valuable automaker in the world, with a market value well above that of the eight largest automakers combined. Even with the recent decline. Tesla shares are up about 1,300% since October 2019, when it reported a third-quarter profit that surprised investors, sending shares on a tear.
Tesla Stock Falls Despite Beating Analyst Estimates
Shares of Tesla gained strong downside momentum after the company released its fourth-quarter report.
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