Shares of Tesla (TSLA) are climbing Monday on news that it wants to split its stock so it can pay a dividend to its shareholders. Tesla’s stock has been rallying lately as the company ramps up its vehicle production, and a split will help make the stock more attainable to retail investors.
Full Answer
Should you buy TSLA stock?
Mar 28, 2022 · Tesla stock jumps 9% on stock split plan. The EV maker’s stock popped after the company disclosed plans to issue a stock split. What investors need to know. Shares of Tesla (TSLA) are climbing Monday on news that it wants to …
Why did Tesla stock go up so much?
Feb 15, 2022 · Tesla has predicted that it will grow vehicle-delivery volumes by about 50% annually for several more years. That will be aided substantially by the company's new factories in Texas and Germany....
What caused Tesla stock increase?
Mar 15, 2022 · The investor take on the price increase seems to be that the company remains supply constrained. Demand for its products is still strong, and increasing vehicle prices will allow it to maintain its...
Will the Tesla share price continue to rise?
Mar 28, 2022 · Why did Tesla stock jump today? Tesla (TSLA +7.5%) broke out on Monday after the electric vehicle producer set a shareholder vote next fall for a new stock split.
Why is Tesla stock rising so much?
Inflation, rising interest rates, and the war in Ukraine have all damped investor enthusiasm for high-growth stocks, including Tesla. The impact of the factors is easy to see. The Russell 1000 Value Index has outperformed the Russell 1000 Growth Index by more than 12 percentage points so far in 2022.Mar 9, 2022
Why is Tesla stock jumping?
The jump in Tesla's shares is a reversal of the company's recent fortunes. Sale of stock by Tesla CEO Elon Musk toward the end of last year depressed its once high-flying stock price by more than 10% and resulted in choppy trading patterns.Jan 3, 2022
Did Tesla make a profit in 2021?
“Our own factories have been running below capacity for several quarters as supply chain became the main limiting factor, which is likely to continue through 2022,” the company said. Tesla's revenue rose to $53.8 billion in 2021, from $31.5 billion a year earlier.Jan 26, 2022
Why has Tesla stock dropped today?
Tesla stock price dropped by more than 11% on Thursday in the wake of Tesla's latest earnings call to investors, in which record earnings and profit were overshadowed by the impact of continuing supply chain issues on electric vehicle and product rollouts.Jan 28, 2022
What happened
Tesla (NASDAQ: TSLA) has been on the receiving end of criticism, ranging from U.S. politicians attacking CEO Elon Musk's wealth to competitor commercials during last weekend's Super Bowl. But Tesla bulls continue to brush off much of the denunciation, and shares were up 4.3% today, as of 12:23 p.m. ET.
So what
Investor confidence may be coming from several areas today. One report from Tesla follower Drive Tesla Canada has evidence that the company's new gigafactory in Texas may be very close to its first customer deliveries.
Now what
Along with word of the goodwill from Musk came the report that Tesla Model Y SUVs were spotted leaving the company's new Texas manufacturing facility on a car carrier Monday morning. An official report of a successful start-up for the Texas facility will be welcome news for investors.
What happened
Shares of Tesla (NASDAQ: TSLA) jumped higher on Thursday. The stock rose as much as 4.6% but is up 3.8% as of 12:55 p.m. ET.
So what
Highlighting bullishness in the overall market on Thursday, the S&P 500 is up 1.1% as of this writing. But many tech stocks and growth stocks (like Tesla) are up even more. This is partly evidenced by the tech-heavy Nasdaq Composite 's relative outperformance today. As of this writing, the Nasdaq is up about 1.5%.
Now what
Investors will get more information on Tesla's recent progress and management's outlook when the company reports its fourth-quarter results next week. The automaker has its fourth-quarter earnings report scheduled for Wednesday, Jan. 26, after market close.
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What happened
Shares of Tesla (NASDAQ: TSLA) jumped on Wednesday, climbing 3.6% by the time the market closed. The move extends the stock's recent bullish momentum.
So what
Highlighting Tesla stock's momentum recently, shares have surged 71% over the past three months and 57% in the last 30 days alone. With so much momentum, it's not surprising to see shares trading higher again. Of course, investors shouldn't count on this near-term momentum to continue. Any pullback after such a staggering run-up could be sharp.
Now what
The downside to a soaring stock price, of course, is that expectations are increasing. This means investors expect Tesla's impressive business momentum to persist. Looking ahead, investors will want to look for the company to continue growing deliveries and profitability.