Tesla stock

(Bloomberg) -- Tesla Inc. shares rose after the carmaker reported better-than-expected earnings and Elon Musk predicted production will grow at a fast clip ...

Tesla has long talked about having the ability to turn its customers’ cars into driverless vehicles that could be used as robotaxis. While Tesla is by far the world’s most valuable auto company, with a $1 trillion market capitalization, its shares have dipped this year amid concerns about global shortages of key parts. Tesla has repeatedly said it expects credit revenue to shrink over time as automakers launch more EVs to comply with emissions regulations and meet growing demand. Chief Financial Officer Zach Kirkhorn said the gain was mostly due to a one-time $288 million benefit from stiffer U.S. emissions penalties. Tesla did caution that it remains constrained by shortages of key materials and components, a common refrain for automakers plagued by bottlenecks of parts such as semiconductors. Revenue soared 81% to $18.8 billion, also topping projections.

A federal judge in California has rejected a request from shareholders in a lawsuit to force Elon Musk to stop talking about his 2018 tweets in which he ...

At issue is Musk's April 14 interview at the TED 2022 conference, where he said that he had the funding secured to take Tesla private in 2018. But he wrote that one of the shareholders who pursued the gag order in the class-action lawsuit failed to prove his case. The lawsuit contends that the CEO's August 2018 tweets were written to manipulate Tesla's stock price, costing shareholders money.

Tesla shares surged Thursday after the carmaker posted stronger-than-expected first quarter profits, record sales and bullish near-term outlook that defied ...

"The highlight of the 1Q beat was a robust gross margin, far exceeding street expectations," said Credit Suisse analyst Dan Levy, who carries an 'outperform' rating with a $1,125 price target on the stock. Tesla also revealed plans for what Musk has dubbed a 'Robotaxi', a fully-autonomous vehicle he says will be built without pedals or a steering wheel. "While we expect 2Q margin to compress given the Shanghai shutdown and ramp of the Berlin and Austin facilities, we nevertheless expect margin recovery in future quarters," he added. The full-year delivery estimate stands at 1.47 million units. Tesla said on April 2 that first quarter global deliveries rose 67.8% from last year to a record 310,048 units, just shy of analysts' forecasts of and only 0.5% from the final three months of 2021. CEO Elon Musk indicated there was a "reasonable shot" for 2022 deliveries to rise 60% from last year, noting the ramp-up of production facilities in Berlin and Austin, following a surprisingly solid first quarter that saw automotive profit margins rise to 30%, record sales of $18.76 billion and a stronger-than-expected bottom line of $3.22 per share.

U.S. stock futures advanced Thursday, as Tesla's banner earnings relieved investors after Netflix's disappointment.

Traders also will be focusing on Washington, D.C., where Federal Reserve Chair Jerome Powell and European Central Bank President Christine Lagarde will join a panel discussion on the global economy. - Futures on the Nasdaq 100NQ00,increased 155.5 points, or 1.1% to 14160. On Wednesday, the Dow Jones Industrial Average DJIA, +0.71%rose 250 points, or 0.71%, to 35161, while the S&P 500 SPX,declined 3 points, or 0.06%, to 4459, and the Nasdaq Composite COMP,dropped 167 points, or 1.22%, to 13453. - Futures on the S&P 500ES00,gained 34 points, or 0.8%, to 4490. - Futures on the Dow Jones Industrial AverageYM00,rose 202 points, or 0.6% to 35281. The Tesla results helped to offset the shock from fellow megacap tech giant Netflix NFLX, -35.12%, which slumped 35% on Wednesday after forecasting it will lose 2 million subscribers in the current quarter.

Tesla (NASDAQ: TSLA) shares jumped over 7% during the extended trading session on April 20, after the electric vehicle manufacturer delivered a blowout ...

Higher prices have certainly helped the company hedge against the growing inflation and the resulting cost increases. On top of that, operating margin improved massively, hitting 19.2% compared to only 5.7% in the year-ago period. Impressively, quarterly earnings more than trebled year-over-year to $3.22 per share and significantly beat analysts’ estimates of $2.26 per share. The outstanding revenue growth is attributed to the higher average selling price (ASP), coupled with growth in vehicle deliveries and growth in other parts of the business. Tesla ( NASDAQ: TSLA)shares jumped over 7% during the extended trading session on April 20, after the electric vehicle manufacturer delivered a blowout first-quarter results, significantly topping both earnings and revenue estimates.shares jumped over 7% during the extended trading session on April 20, after the electric vehicle manufacturer delivered a blowout first-quarter results, significantly topping both earnings and revenue estimates. Additionally, revenue climbed a whopping 81% to $18.8 billion compared to the prior-year period and outpaced the Street’s estimate of $17.8 billion.

FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

Continue reading Continue reading The cryptocurrency is up for three consecutive days heading into Thursday. Continue reading

Tesla Inc.'s ability to navigate a global supply crunch and exceed Wall Street expectations has given its stock a rare distinction among big, fast-growing ...

The stock rose 7.7% to $1052 at 6:45 a.m. in premarket trading, leaving it down about 0.5% for the year. Tesla Inc.’s ability to navigate a global supply crunch and exceed Wall Street expectations has given its stock a rare distinction among big, fast-growing companies: It’s poised to erase most of its losses for the year.

The electric-car maker's earnings Wednesday showed that Elon Musk's company has not only managed the shortages, but also succeeded in protecting its margins by ...

Tesla also has left smaller EV companies in the rear view mirror. It has also fared better than bigger-volume rivals, such as General Motors Co. and Ford Motor Co., whose shares are down 29% and 23% respectively. The economic and political backdrop also hasn’t dented investor enthusiasm for Tesla shares. Tesla is often compared to the so-called FAANG stocks, which have long enjoyed similar reputations as fast-growing businesses with high valuations and devoted fan bases among investors. The stock rose 7.7% to $1052 at 6:45 a.m. in premarket trading, leaving it down about 0.5% for the year. Tesla’s high price-earnings ratio doesn’t deter its most ardent believers.

Investors have quickly turned on companies like Netflix that were growing fast during the recovery from the pandemic but are now sputtering.

"The housing market is starting to feel the impact of sharply rising mortgage rates and higher inflation taking a hit on purchasing power," said Lawrence Yun, NAR's chief economist. Not just Netflix: Investors are getting worried about the wider streaming industry as the soaring cost of living encourages households to cut back on extra expenses. "Based on management's track record, we would not be surprised to see Netflix continue to be a highly successful company and an excellent investment from its current market value," Ackman said. Ackman said that changes to the outlook for subscriber growth dramatically affect how Pershing Square values Netflix's stock. That locked in a loss of more than $400 million. Risks remain: That doesn't mean Tesla's stock is protected from a sell-off. It expects to shed another 2 million subscribers this spring. The price of metals it uses in batteries, like nickel and lithium, jumped following Russia's invasion of Ukraine. Shipping, energy and labor have also gotten more expensive. But Tesla has been able to offset higher costs by raising prices for its vehicles. "That said, we believe the dispersion of outcomes has widened to a sufficiently large extent that it is challenging for the company to meet our requirements for a core holding." , its most affordable model, could eat into some demand. 2. Stock split: The company is planning to split its stock for the second time in two years, a move that could make it more accessible for everyday investors by reducing the price of each share.

Tesla is slated to report its Q1 2022 results on Wednesday, April 20. We estimate that Tesla's revenue will come in at about $17.6 billion for the quarter, ...

We value Tesla at about $640 per share translating into a market cap estimate of about $720 billion or over 2.5x the market cap of Toyota, which is the world’s largest automaker in terms of volume and the second-largest by market value. Tesla has already reported its delivery figures for the first quarter, noting that total deliveries for Q1 stood at 310,048, marking an increase of about 68% versus last year, driven by surging sales of its Model 3 and Y vehicles and a recovery in Model S and X sales, after the company paused production for some time last year to make way for upgraded models. We estimate that Tesla’s revenue will come in at about $17.6 billion for the quarter, rising by about 69% versus last year and roughly in line with consensus estimates.

Stock futures rose as Tesla shares jumped and investors awaited comments from Federal Reserve Chairman Jerome Powell on the world economy.

- Saks Fifth Avenue:$20 off sitewide + free shipping - Saks Fifth Avenue coupon - Target:Up to 60% off - Target Promo Code You may cancel your subscription at anytime by calling Customer Service.

United Airlines expects to be 'solidly profitable' in Q2 and 2022, Apple store workers seek company's first vote to unionize, Bill Ackman dumps Netflix ...

It shone through in an operating margin of 19.2%, which has swollen from 5.7% a year ago. Elon Musk has bigger challenges ahead than rocketing inflation. - Order Reprints

U.S. equity futures powered higher Thursday, while Treasury bond yields eased and the dollar retreated against its global peers, as investors look to ride a ...

Futures linked to the tech-focused Nasdaq are looking at a firmer 170 point opening bell gain. AT&T Inc. ( T) - Get AT&T Inc. Report gained 1.2% after posting stronger-than-expected first-quarter earnings in its maiden investor update following the spin-off of its media assets into Warner Bros. Discovery ( WBD) - Get WARNER BROS. DISCOVERY, INC. Report, with revenues topping forecast thanks to solid gains for its wireless and broadband divisions. In the U.S., a first quarter earnings blowout from Tesla ( TSLA) - Get Tesla Inc Report, as well as a robust near-term outlook from United Airlines ( UAL) - Get United Airlines Holdings, Inc. Report after the close of trading on Wednesday is adding some heft to U.S. equity futures following a modest uptick in weekly jobless claims, to 184,00, for the period ending April 16. CEO Elon Musk indicated there was a "reasonable shot" for 2022 deliveries to rise 60% from last year, noting the ramp-up of production facilities in Berlin and Austin, following a surprisingly solid first quarter that saw automotive profit margins rise to 30%, record sales of $18.76 billion and a stronger-than-expected bottom line of $3.22 per share. A modest pullback in Treasury bond yields, a well, is adding further support, with benchmark 10-year note yields slipping to 2.87% in overnight trading after briefly testing the 3% mark for the first time since 2019 in the overnight session. U.S. equity futures powered higher Thursday, while Treasury bond yields eased and the dollar retreated against its global peers, as investors look to ride a better set of first quarter earnings into the session.

(Bloomberg) -- Tesla Inc.'s ability to navigate a global supply crunch and exceed Wall Street expectations has given its stock a rare distinction among big, ...

Tesla also has left smaller EV companies in the rear view mirror. It has also fared better than bigger-volume rivals, such as General Motors Co. and Ford Motor Co., whose shares are down 29% and 23% respectively. The economic and political backdrop also hasn’t dented investor enthusiasm for Tesla shares. Tesla is often compared to the so-called FAANG stocks, which have long enjoyed similar reputations as fast-growing businesses with high valuations and devoted fan bases among investors. The stock rose 7.7% to $1052 at 6:45 a.m. in premarket trading, leaving it down about 0.5% for the year. Tesla’s high price-earnings ratio doesn’t deter its most ardent believers. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. (Bloomberg) -- Tesla Inc.’s ability to navigate a global supply crunch and exceed Wall Street expectations has given its stock a rare distinction among big, fast-growing companies: It’s poised to erase most of its losses for the year. (Bloomberg) -- Tesla Inc.’s ability to navigate a global supply crunch and exceed Wall Street expectations has given its stock a rare distinction among big, fast-growing companies: It’s poised to erase most of its losses for the year. Quint is a multiplatform, Indian business and financial news company. Yet Tesla, at 83 times estimated earnings for the next year, is more expensive than the FAANG stocks, and also of a wider group of similar companies in the NYSE FANG+ Index. And still it’s managed to outperform those peers. But while many of those companies struggle to attract new customers in relatively saturated markets, Tesla is still in the process of ramping up production and has a large untapped addressable market.

Elon Musk is set to receive stock options worth $23 billion after Tesla hit three new milestones. Musk can exercise the options, but he can't sell the ...

It's possible that Musk will look to exercise his latest batch of stock options, and borrow against the resulting shares. Musk recently offered to buy Twitter for $54.20 a share, valuing the social-media platform at $43 billion. Elon Musk, who is trying to pull together $39 billion to take Tesla stock options worth $23 billion.

Tesla's (TSLA) stock rose 7% in after hours trading after the electric vehicle maker reported first-quarter earnings that beat analysts' expectations on the ...

day supply in the first quarter. the previous quarter, and an eight-day supply during the first quarter of 2021. Early this month, Tesla reported vehicle deliveries of 310,048 for the first quarter. Revenue growth was driven in part by an increase in the number of cars Tesla delivered, and an increase in average sales prices, the company said in a news release. automotive revenue for the first quarter.

Tesla Inc.'s ability to navigate a global supply crunch and exceed Wall Street expectations has given its stock a rare distinction among big, fast-growing ...

The electric-car maker’s earnings Wednesday showed that Elon Musk’s company has not only managed the shortages, but also succeeded in protecting its margins by raising prices on its cars. The stock rose as much as 10.5% to $1,079.90 in New York on Thursday, resulting in a nearly 2% gain for the year. Tesla Inc.’s ability to navigate a global supply crunch and exceed Wall Street expectations has given its stock a rare distinction among big, fast-growing companies: It’s poised to erase most of its losses for the year.

Was yesterday the last time shares of Tesla (NASDAQ: TSLA) traded below $1000, at least for the foreseeable future? It will be a while before that's ...

With Netflix ( NASDAQ: NFLX) continuing to disintegrate after its second dismal earnings report in a row, it will be refreshing for tech investors to see at least one other high-flying growth stock continuing to meet and exceed expectations. Knowing Tesla, it wouldn’t take much for these numbers to be left in the dust very soon. Dan Ives from Wedbush noted the "particularly impressive" margin beat that Tesla had, especially in light of the “dramatic headwinds” in the form of China and increasing component costs across the board. However, the executives also noted that Tesla has lost about a month of “build volume” in Shanghai due to Covid-related shutdowns. At the time, the consensus was looking for 317,000 shipments, but the actual number for the first quarter came in at 310,000. Non-GAAP EPS came in at $3.22, a full $0.95 ahead of what analysts had been looking for, while revenue also registered a healthy beat and showed year-on-year growth of 80%. Tesla’s automotive gross margin was a record 32.9%, and a marked improvement on the 26.5% seen in the same quarter last year.

Musk doesn't get a salary at Tesla. Instead, he's compensated with stock options based on the company hitting a long list of performance goals.

This means he gets the option to purchase 8.4 million Tesla shares at just $70.01 each. When Tesla achieves a certain number of milestones, Musk gets another compensation package. As you may already know, Tesla CEO Elon Musk doesn't take a salary, at least not in the traditional sense.

The electric-vehicle company is rapidly becoming the king of the side hustle. History suggests that doesn't have to hurt the stock.

Tesla (ticker: TSLA) bulls believe the other businesses are a good thing, while bears have their doubts. It is a conglomerate of many, many business ideas that are funded by a ultradominant core operation. Tesla is rapidly becoming the king of the side hustle.

Is Tesla (TSLA) the opposite of Netflix (NFLX)? Is the electric car maker the big Nasdaq stock that pulls up the Nasdaq? Tesla shares soared more than 7% in ...

Tesla beat Wall Street's estimates with a stick, shares are rising as analysts pile praise on the quarter.

- Print Article Tesla beat Wall Street’s first-quarter financial estimates with a stick, and the stock was rising as analysts pile praise on report. - Order Reprints

Buy or sell the post-earnings strength in Tesla? Let's look at what the chart says.

Previously the 21-day moving average was acting as resistance, while Tesla stock was sporting a two-day high of roughly $1,035. If Tesla holds the 21-day moving average and $1,035 area as support, the bulls’ case gains some strength. Tesla on the other hand has a $1 trillion market cap. Either way, the market-wide weakness is not helping Tesla stock. Tesla topped both earnings and revenue expectations. Maybe it’s because Fed chair Jerome Powell will speak this afternoon.

Tesla stock is up on the year while the Nasdaq Composite is down 13% and virtually every major carmaker to EV newcomer -- from Toyota to Rivian Automotive, is ...

In the last year alone, Tesla stock has been as high as $1,243.49 per share and as low as $546.98 per share. It has the greatest growth prospects, the best technology, and is ahead of the curve while the competition tries to catch up, it continues to deliver on its promises. And in many ways, it is becoming harder to argue that Tesla isn't the best global automaker. For risk-tolerant investors who are optimistic about the growth of the EV industry, adding Tesla to a diversified basket of EV stocks isn't the worst idea so long as it's understood that Tesla stock is prone to sharp gyrations to the upside and downside. So even if Tesla continues to grow earnings and earn, let's say $15 in adjusted 2022 EPS, it would still have a forward price to earnings ratio of roughly 70. Tesla is more profitable than ever and it has its own charging network plus investments in solar energy and energy storage. Tesla attributed the slowdown to supply chain challenges and factory shutdowns. Unlike gross margin, which factors in the cost of goods sold, the operating margin also factors in operating expenses like utilities, wages, selling, general, and administrative expenses, sales and marketing, research and development, and other costs that are related to running the business. However, there's no denying that Tesla is a remarkable company. Similarly, Q1 2022 net cash provided by operating activities was 143% higher compared to Q1 2021 but capital expenditures were only 31% higher, while led to free cash flow of $2.23 billion -- the second-highest quarterly performance ever. However, the quarter-over-quarter growth marked a major slowdown compared to what investors were used to, as Tesla produced 305,840 units in Q4 2021 and delivered 308,600 units. On one hand, he has propeled the electric vehicle (EV) industry forward from a doubted concept to become a trend that legacy automakers are trying to ride.

Chief Executive Elon Musk was on the earnings call with analysts, and put a timeline on the newest Tesla vehicle: A dedicated “robotaxi,” without steering wheel ...

Toni Sacconaghi at Bernstein said he was “not willing to bet” on the robotaxi. Osborne also worried about the share trajectory. Limited production in the Shanghai factory resumed this week, put the problems are likely to cause a “headwind” of around 50,000 units in the current quarter, Dan Ives at Wedbush said in his note. “Musk on the call talked about a very quick production ramp already happening in China which was music to the ears of investors on pins and needles around this main artery being shutdown since late March,” Ives said. Margins are likely to come down as Tesla “evolves to be a truly mass market player and prevailing supply imbalances alleviate, we believe that margins may continue to improve through the remainder of the year,” Sacconaghi said. On the positive side, Tesla’s operating margins excluding EV credits are at 16%, “at the very high end of auto makers and well above traditional luxury vendors,” Sacconaghi said.

An "X" holding company that Elon Musk uses to acquire Twitter could morph into more down the road.

Tesla CEO Elon Musk has created a number of new holding companies, Bloomberg has learned. The new corporate structures could be a vehicle for his Twitter bid. Tesla’s Musk Forms a New Holding Company. Is It for Twitter or Something Bigger?

The electric-vehicle maker reported a quarterly profit of $3.3 billion and signaled that production would keep growing despite shutdowns in China.

- Opinion: How to Kill American Infrastructure on the Sly The stock closed up $ 31.58 , or 3.2%, at $1,008.78 a share. You may cancel your subscription at anytime by calling Customer Service.

Tesla ( TSLA 3.23% ) has captured the spotlight once again with another showstopper of a quarter. Fans may flock to the company's top and bottom-line growth ...

Tesla is undeniably the best company in the auto industry and could very well accelerate its growth and continue to look like it deserves to be worth a lot more than critiques say it should be. The biggest advantage that Tesla has over the competition is that nearly 100% of its cash flow gets poured into its core business, while other legacy automakers still have a lot of costs associated with internal combustion engine divisions. Put another way, Tesla can sustain its momentum and outpace the growth of its competition. As Howard said, Tesla continues to sport a high operating margin relative to the industry. Tesla earned $5.5 billion in all of 2021, and it already has booked net income of $3.3 billion in the first quarter of 2022. The risk/reward for Tesla just doesn't seem to be worth it quite yet, especially given some of the amazing growth stocks that are on sale right now. Tesla reported an operating margin of 19.2%, which shows just how much it stands out compared to traditional automakers. The company has shown it can operate efficiently even as other manufacturers struggle with supply chain constraints and rising costs. Tesla ( TSLA 3.23% ) has captured the spotlight once again with another showstopper of a quarter. At its recent market cap of about $1.1 trillion, the stock has a price-to-earnings (P/E) ratio of 200 based on 2021 earnings. The company grew revenue 81% in the first quarter compared to the prior-year period. While the stock move brings the electric vehicle (EV) leader's already lofty valuation even higher, there are reasons to think it is justified.