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News January 8, 2021 0 comments on Surge in share prices help Canadian ‘Teslanaire’ retire at 43

Surge in share prices help Canadian ‘Teslanaire’ retire at 43

by Darryn John

In case you hadn’t heard, the price of Tesla (TSLA) shares have skyrocketed recently. In 2020, it increased over 700%. On Thursday, shares reached an all-time high above $800, catapulting CEO Elon Musk into the […]

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Tesla stock market
News January 7, 2021 0 comments on RBC admits it got Tesla (TSLA) completely wrong after missing out on 1,200% surge

RBC admits it got Tesla (TSLA) completely wrong after missing out on 1,200% surge

by Mike Flemming

A long-time Tesla (TSLA) bear is changing his tune, admitting on Thursday he was “completely wrong” in his analysis of the electric automaker. Since January 2019 RBC Capital Markets analyst Joseph Spak has maintained an […]

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Tesla stock market
News January 5, 2021 0 comments on Morgan Stanley analyst Adam Jonas increases Tesla price target to $840

Morgan Stanley analyst Adam Jonas increases Tesla price target to $840

by Darryn John

Just over a month after raising their price target for Tesla (TSLA) from $360 to $540, Morgan Stanley has raised it again, sending share prices higher in after-hours trading. Analyst Adam Jonas increased the firm’s […]

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Tesla stock market
News January 5, 2021 0 comments on Tesla (TSLA) shortsellers kick off 2021 by losing $1BN on day one

Tesla (TSLA) shortsellers kick off 2021 by losing $1BN on day one

by Darryn John

Tesla (TSLA) short sellers are suckers for punishment. Betting that shares of the electric automaker will drop, eventually to zero, they lost a record $38 billion as TSLA rose more than 700% last year. That […]

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Giga Shanghai Model 3 parking lot
News December 30, 2020 0 comments on Tesla to deliver 500,000 vehicles in 2020, could reach 1M in 2022: Wedbush Securities

Tesla to deliver 500,000 vehicles in 2020, could reach 1M in 2022: Wedbush Securities

by Darryn John

Wedbush Securities analyst Daniel Ives says pent-up demand in China could help Tesla reach 1 million vehicle deliveries in 2022. In a note to investors Wednesday, Ives cited “eye-popping” demand for electric vehicles (EVs) in […]

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Tesla Fremont
News December 11, 2020 0 comments on Tesla (TSLA) completes $5BN stock sale in one day, now has $20BN cash on hand

Tesla (TSLA) completes $5BN stock sale in one day, now has $20BN cash on hand

by Mike Flemming

After disclosing its intention to raise $5 billion cash through a common stock offering on Tuesday, Tesla has announced it has completed the sale in just 24 hours. According to a Form 8-K filing with […]

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Tesla building
News December 8, 2020 0 comments on Tesla (TSLA) issues $5 billion capital raise as share prices hit all-time highs

Tesla (TSLA) issues $5 billion capital raise as share prices hit all-time highs

by Mike Flemming

For the third time this year, Tesla has announced plans to raise a bundle of cash through a common stock offering, taking advantage of record high stock prices. In a regulatory filing with the Securities […]

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Tesla stock market
News December 2, 2020 0 comments on Tesla (TSLA) upgraded by Goldman Sachs to buy, price target increased

Tesla (TSLA) upgraded by Goldman Sachs to buy, price target increased

by Mike Flemming

With just a few weeks to go until Tesla (TSLA) joins the S&P 500 Index, investment management firm Goldman Sachs has changed its outlook on the California automaker. Analyst Mark Delaney upgraded Tesla from a […]

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Tesla stock market
News November 25, 2020 0 comments on Tesla (TSLA) now worth half a trillion dollars, up more than 500% this year

Tesla (TSLA) now worth half a trillion dollars, up more than 500% this year

by Darryn John

Another day of trading and another day of setting all-time highs as yesterday’s stock performance pushed Tesla’s (TSLA) market valuation over half a trillion dollars. The stocks recent rise was kicked off last week after […]

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Tesla stock market
News November 23, 2020 0 comments on Wedbush increases Tesla bull-case price target while maintaining neutral rating

Wedbush increases Tesla bull-case price target while maintaining neutral rating

by Darryn John

On the heels of the announcement that Tesla (TSLA) will soon be joining the S&P 500 Index, Wedbush Securities has updated their outlook for the automaker. According to analyst Dan Ives, Tesla could hit 1 […]

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