Nasdaq TSLA Tesla

Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha

For Immediate ReleaseChicago, IL – August 1, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fina

U.S. auto safety regulators said Tuesday they have opened an investigation into 280,000 new Tesla Model 3 and Model Y vehicles over reports of loss of steering control and power steering.

Cathie Wood's ARK funds are some of the most prominent voices on Wall Street when it comes to investing in cutting-edge companies. Whether it's biotech or artificial intelligence (AI), the ARK funds have made their stances known. One of their favorite stocks is Tesla (NASDAQ: TSL

Tesla's latest Model 3 and Model Y cars have become the subject of a safety-related probe following complaints about the loss of steering control and power, the National Highway and Traffic Safety Administration (NHTSA) said.

Tech giants Apple and Microsoft remained the top two global companies by market capitalisation at the end of July after riding this year's rally in technology shares.

Foxconn's venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit's chief executive said.

Toyota nearly doubled its operating profit in the first quarter, the Japanese automaker said on Tuesday, helped by increased sales and production volumes as well as the tailwind from the weaker yen.

With growth stocks back in vogue, the Nuveen ESG Large-Cap Growth ETF ( BATS:NULG) has raced to a total return of 31.6% year-to-date. The ETF has put up a strong performance over the years that put it right in the mix with some of the market's largest and most popular growth ETFs, making it worth a closer look from investors. What is NULG ETF's Strategy?  NULG is a $1.12 billion passively-managed ETF from Nuveen, which is owned by fund giant TIAA. Its underlying index is the TIAA ESG USA Large-Cap Growth Index and it invests in large-cap U.S. growth stocks that meet its ESG (environmental, social, and governance) criteria. For readers not familiar with ESG, it is essentially a framework that some funds use to take a sustainable approach to investing. They do this by taking a company's environmental impact, social impact, and governance into account, in addition to traditional financial metrics. ESG investing has its share of proponents and detractors, which is beyond the scope of this article, but you'll see why it's not of paramount importance when evaluating NULG either way. NULG's Holdings NULG is fairly well-diversified with 113 holdings, and its top 10 holdings account for under 40% of its assets. While the fund is an ESG fund, I don’t read into that too much in terms of its holdings, as they are largely similar to what you would find in other large-cap U.S. growth funds that don’t screen for ESG metrics. See below for an overview of NULG’s top 10 holdings using TipRanks’ holdings tool. Top holding Microsoft ( NASDAQ:MSFT ) has a large weighting here at 12.3%, but after that, the fund becomes considerably more diversified. Beyond Microsoft, NULG owns other mega-cap tech and growth stocks like Nvidia ( NASDAQ:NVDA ) and Tesla ( NASDAQ:TSLA ) that have played a big part in driving the overall market higher this year. It also owns software heavyweights like Adobe ( NASDAQ:ADBE ) and Salesforce ( NYSE:CRM ). However, there’s more to NULG than just big tech -- it also owns Visa ( NYSE:V ) and Mastercard ( NASDAQ:MA ), pharmaceutical giant Eli Lilly ( NYSE:LLY ), and membership warehouse juggernaut Costco ( NASDAQ:COST ).    You’ll notice a lot of green in the table above, as this is a strong group of blue chip holdings with some very strong Smart Scores across the board. The Smart Score is a proprietary quantitative stock scoring system created by TipRanks.  It gives stocks a score from 1 to 10 based on eight market key factors. A Smart Score of 8 or better is equivalent to an Outperform rating. An impressive nine out of NULG’s top 10 holdings feature Outperform-equivalent Smart Scores of 8 or above.   NULG itself features an Outperform-equivalent ETF Smart Score of 8. Is NULG Stock a Buy, According to Analysts?  Turning to Wall Street, NULG has a Moderate Buy consensus rating, as 64.27% of analyst ratings are Buys, 30.74% are Holds, and 4.99% are Sells. At $70.36, the average NULG stock price target implies 9.7% upside potential. Track Record In addition to this desirable Smart Score and favorable rating from analysts, NULG has compiled a pretty solid track record in the years since its inception. As of the close of the most recent quarter that ended in June, NULG had a stellar one-year total return of 29.6%. Over the past three years, NULG’s annualized total return was 13.8%, and its five-year total annualized return was 15.6%. While NULG hasn’t been around long enough to post a 10-year return, since its inception in 2016, its annualized return has been an impressive 17.2%.  How do these results stack up to the broader market? NULG trails the Vanguard S&P 500’s ( NYSEARCA:VOO) three-year annualized return of 14.6% but beats its five-year annualized return of 12.3% by a decent margin.  Compared to other top growth ETFs, NULG slightly lags the Schwab U.S. Large Cap Growth ETF’s ( NYSEARCA:SCHG) three-year total annualized return of 14.4% but comes in ahead of its five-year annualized return of 15.4% by the narrowest of margins. Additionally, NULG beats the Vanguard Growth ETF's ( NYSEARCA:VUG) total three-year annualized return of 12.6% and its five-year return of 14.5%. Based on these comparisons, NULG is right in the mix with these top growth ETFs as well as the broader market over the past three and five years, which is a great sign, as these are all great ETFs.  Fees and Expenses NULG’s expense ratio of 0.26% is reasonable enough, and there’s certainly nothing exorbitant about it. An investor putting $10,000 into NULG would pay $26 in fees in year one. While this isn’t bad, it should be noted that the much larger aforementioned growth funds, like VUG and SCHG, each have an expense ratio of just 0.04%, which is much lower than NULG’s, meaning that they would pay just $4 in fees in year one if they invested $10,000. However, over time, the gap between the NULG investor’s expenses and those of the SCHG or VUG investor would widen. Assuming the fees remain where they are now and that each fund returns 5% per annum, the NULG investor would pay $331 over the course of 10 years, while the VUG or SCHG investor would pay just $51 over the same time span.  So, while NULG’s expense ratio isn’t egregious, more cost-effective options abound, and the differences in expenses add up over time.  Investor Takeaway Overall, NULG looks like a pretty good ETF. It has a very strong portfolio, it’s rated highly by TipRanks' Smart Score and by analysts, and it has put up a performance in line with some of the market’s top growth ETFs over the past three and five years.  I don’t put that much weight into the ESG aspect of NULG, as despite running these ESG screens and picking stocks that meet the criteria, its portfolio isn’t all that different from that of a typical large-cap growth ETF.  The only issue with NULG is that while its fees are reasonable enough, they are higher than those of the bigger, more popular growth ETFs that it ostensibly competes with. So, while this ETF will likely continue to be a good investment over time, investors have to decide if there is a compelling reason to choose it over one of these similar ETFs with lower fees like VUG or SCHG.  If NULG can continue to keep the slight edge that it has maintained over VUG and SCHG on a five-year basis, it could be worth it, although past performance is never a guarantee of future results. Disclosure

Tesla's ( NASDAQ:TSLA ) famous CEO, Elon Musk, pioneered an affordable EV strategy that's been surprisingly effective in 2023. Sensible investors may be concerned about Tesla's valuation, but I am bullish on TSLA stock because the company remains a trailblazer that EV market rivals can't stand but also can't ignore. New-energy vehicle manufacturer Tesla brought EVs into the collective consciousness, and Musk is a love-him-or-hate-him kind of CEO. For instance, Musk recently baffled some social media users when he rebranded Twitter as "X." Similarly, Musk's leadership of Tesla has, at times, confused and enraged the company's critics and competitors. However, Tesla always seems to come out on top, and TSLA stockholders repeatedly prove the short sellers wrong and probably will continue to do so in 2023. Valuation Concerns and Other Objections to Tesla As we'll discover, analysts are generally lukewarm about Tesla stock. Perhaps they're worried about Tesla's rich valuation, which is understandable. After all, Tesla's trailing P/E, price-to-book (P/B), and price-to-sales (P/S) ratios are all far above their sector medians. Yet, that's been the case for a while, and TSLA stock continues to push higher. This doesn't mean that you should ignore old-school valuation multiples. There's still a takeaway, though. As long as Tesla maintains a strong track record of quarterly EPS beats and high revenue growth, Tesla's true value can't be expressed simply through a P/E or other ratio. Another objection comes from Barclays ( NYSE:BCS ) analysts, who reaffirmed their Neutral rating on Tesla stock and issued an unambitious $260 price target on the shares. Apparently, the Barclays analysts aren't too impressed with Tesla's Cybertruck; they "don’t anticipate it being a significant source of share loss risk for" Tesla's Detroit-based EV truck manufacturing rivals. I'll grant that the Cybertruck is a niche product and an unusual-looking vehicle. However, it's certainly not intended to be Tesla's bread and butter. If Tesla does manage to achieve its proposed annual Cybertruck production volume goal of 250,000 to 500,000 units, that would represent a notable achievement for this specific type of EV. Additionally, I can't ignore the competing EV charging network that seven major automakers, including General Motors ( NYSE:GM ), are reportedly proposing to build. This was inevitable, and it's a good sign for Tesla that its rivals are following Musk's lead and that it would evidently require seven competitors to match what Tesla's already done. Is Tesla's Price-Cutting Strategy Crazy or Brilliant? Building a cross-compatible EV charging network isn't Tesla's only game-changing strategy. The company is also making waves in the EV industry by repeatedly reducing its vehicle prices. It's a strategy that seems to be working so far. Again, Tesla's most recent quarterly EPS beat and revenue growth can't be disputed. By the way, Tesla isn't only making its vehicles more affordable in the U.S. Reportedly, the automaker plans to cut the prices of multiple Model 3 and Model Y vehicle models in Hong Kong, China, starting August 4. These will be significant price discounts, ranging from 6% to 11.9%. There's abundant evidence that Tesla's pricing strategy is influencing the EV industry. Several popular electric and hybrid vehicles in the U.S. are reportedly selling below their manufacturer's suggested retail prices (MSRPs). Ford ( NYSE:F ) now expects to lose $1.5 billion more than previously anticipated from its EV segment in 2023 due in part to Tesla's pricing strategy. In addition, Mazda ( OTC:MZDAY ) is apparently exiting the U.S. all-electric vehicle market altogether. That's what I would call market-moving influence. Now, Tesla has an EV model with a sticker price slightly below $40,000. Moreover, Tesla might be able to produce even cheaper EVs in 2025 when the company's Mexico-based facility gets up and running. Is TSLA Stock a Buy, According to Analysts? Turning to Wall Street, TSLA stock comes in as a Hold based on 10 Buys, 13 Holds, and four Sell ratings assigned in the past three months. The average Tesla stock price target is $263.33, implying 1.3% downside potential. If you’re wondering which analyst you should follow if you want to buy and sell TSLA stock, the most profitable analyst covering the stock (on a one-year timeframe) is Alexander Potter of Piper Sandler, with an average return of 115.02% per rating and a 65% success rate. Click on the image below to learn more. Conclusion: Should You Consider TSLA Stock? Tesla's tactics aren't loved by everyone, but the company's results speak for themselves. Besides, despite the company's lofty valuation, betting against Tesla stock is like standing in front of a moving train. At the end of the day, you don't have to like Musk to appreciate Tesla's enormous and enduring influence. Musk and Tesla will undoubtedly continue to surprise Wall Street, even if analysts aren't all feeling bullish at the moment. Therefore, I believe TSLA stock is worth considering. Disclosure

Oil major Exxon Mobil is in talks with Tesla, Ford Motor, Volkswagen and other automakers to supply lithium, Bloomberg Law reported on Monday citing people familiar with the matter.

Oil major Exxon Mobil is in talks with Tesla, Ford Motor, Volkswagen and other automakers to supply lithium, Bloomberg Law reported citing people familiar with the matter.

A California state agency on Monday said it is reviewing the privacy practices of automakers and vehicle technology companies amid concerns about the growing volume of data collected by cars.

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in First Solar Inc (Symbol: FSLR), where a total volume of 40,048 contracts has been traded thus far today, a contract volume which is representative of approximate

Monday, July 31, 2023The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Tesla, Inc. (TSLA), Comcast Corporation (CMCSA

Those handy-dandy short lists of the most important stocks on the market are great. They don't last forever, though. The FAANG club is getting long in the tooth, so Wall Street came up with a new elite group. The Magnificent 7 rolls off the tongue, but the name doesn't hold many

Most know electric vehicle company Tesla (NASDAQ: TSLA) for its vehicles and pioneering the ongoing shift from gas-powered transportation to electric. But it is also a business built on artificial intelligence and has been for some time.

Second-quarter earnings season is in full bloom. Broadly speaking, the results from mega-cap growth stocks have been solid even if ensuing reaction by market participants hasn’t been. That sentiment is applicable to several components in the Invesco QQQ Trust (QQQ) and the Invesco NASDAQ 100 ETF (QQQM). While not every QQQ and QQQM member firm [...] Read more at ETFtrends.com.

Last week was busy on the earnings front, but we have even more companies reporting this week including AAPL, AMZN, AMD, UBER, PYPL, PFE, COIN and HOOD all set to report.

Only two stocks that trade on U.S. exchanges currently boast market caps of more than $2 trillion. Apple is in a league of its own with a market cap of over $3 trillion. Microsoft's market cap stands near $2.5 trillion.