When trading a momentum name likeTesla, understanding technical patterns can be crucially important in determining the next move—especially when the stock approaches key levels. And the technicals tell us that Tesla is sitting at an important price level right now. As the chart shows, Tesla is ...
Prices for Tesla’sModel 3 and Model Yvehicles have been on the rise recently. In May the electric-car company bumped up prices for the fifth time in several months, but the company has remained silent about what’s behind the increases. Until now, that is. Tesla CEO Elon Musk said in...
BREAKING: Model Y prices increased within one week of the official release date! Prices for VIC@ev_australiapic.twitter.com/pNfRY90rkK — EvAustralia (@ev_australia)June 17, 2022 Those few markets give us glimpses of what is happening right now. Hopefully, it will not escalate even further...
watch now VIDEO13:41 Morgan Stanley's Adam Jonas on Tesla's soaring stock Short sellers are investors who borrow shares from a bank and then sell them, hoping the stock will go down. If it does, then the short sellers buy them back at lower prices and return them to the bank, profiti...
If you're in the market for a new electric vehicle, now looks like the best time to purchase a Tesla, especially the Model Y. Earlier this month, Tesla reduced prices by up to 20% (30% including EV tax credit) in order to help vehicles qualify for federal tax credits and also ...
In particular, margin expansion bodes well for Tesla. The company cut prices several times in recent years to compensate for weak demand caused by high interest rates. Those price cuts hurt profitability. In fact, Tesla's earnings declined in the first and second quarters this ...
Of course, slashing prices to sell more vehicles comes at a cost. In Q1, Tesla's industry-leadinggross profit marginfell to 19.3%, far below the year-ago figure of 29.1%. It was still much higher than the overall 15% gross margin ofFord, for example, but we won't know...
The “million-mile” battery would use low-cobalt and cobalt-free battery chemistries since cobalt is what drives up electric vehicle battery prices. Tesla’s new battery would also use “chemical additives, materials, and coatings that will reduce internal stress and enable batteries to store more...
Exports offer an escape valve. But that can spread the problem overseas. Tesla is already discounting European prices again. BYD and other Chinese EV makers will ramp up overall competition in Europe and Asia. Foreign OEMs already were struggling to gain inroads in China's EV market. N...
One in four shares of Tesla are being shorted. Being short Tesla is a crowded trade, and there are risks.