Nasdaq TSLA Tesla

September S&P 500 futures (ESU23) are down -0.03%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.10% this morning as market participants braced for the next round of quarterly reports while also awaiting crucial U.S. retail sales data.

For Immediate ReleaseChicago, IL – July 18, 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 finan

Tesla is due to hold a question-and-answer session on Tuesday for citizens in the German state of Brandenburg on the ramifications of a planned expansion of its EV and battery plant which would make the site the biggest car plant in the country.

Fool.com contributor Parkev Tatevosian highlights ChargePoint's (NYSE: CHPT) response to Tesla's (NASDAQ: TSLA) rampant deal-making activity.

Electric vehicle (EV) maker Tesla ( NASDAQ:TSLA ) is scheduled to announce its second-quarter results after the market closes on July 19. Tesla impressed investors with upbeat Q2 deliveries, thanks to price cuts that aimed to boost demand and make its EVs affordable to receive tax credits under the Inflation Reduction Act. However, several analysts are concerned about the impact of these price cuts on Q2 margins and the stock’s high valuation following a 136% year-to-date rally. Expectations Ahead of Tesla’s Q2 Earnings Tesla produced 479,700 vehicles in the second quarter. It delivered 466,140 units in Q2, marking an 83% year-over-year jump and a 10% rise from the prior quarter. Analysts expect the company’s Q2 revenue to rise more than 43% year-over-year to $24.3 billion. The company’s adjusted EPS is projected to rise about 4% to $0.79, as lower margins are expected to offset the robust growth in revenue.      On Monday, Wells Fargo analyst Colin Langan raised his price target on Tesla to $265 from $170 but maintained a Hold rating. The analyst expects Tesla’s Q2 gross margin to decline to 17.5%, reflecting continued price cuts and a weaker mix. He anticipates Q2 EPS coming in at $0.75. Langan also highlighted the 68% rise in the stock over the last two months due to better-than-anticipated Q2 deliveries, multiple deals by Tesla to share its charging network with rival EV makers, reports about Model 2 launching by the end of 2024, and Model 3 SR qualifying for full EV tax credits. That said, Langan is concerned about Tesla's Q2 auto margin due to price cuts and is also concerned about volumes heading into the second half of the year. Meanwhile, Barclays analyst Dan Levy thinks that Tesla has a “tough set-up” heading into the Q2 earnings, as momentum in the stock has outweighed fundamentals. Like several other analysts, Levy also believes that Tesla’s Q2 auto gross margin will be the “key focal point.” He projects Tesla’s auto gross margin declining by 150 basis points quarter-over-quarter to 17.5%. Levy sees the stock moving higher if Tesla reports flat margins and management commentary indicates that Q2 is the trough for margins. Conversely, he cautioned that the stock could go down if there are indications of persistent margin weakness. Levy reiterated a Hold rating on Tesla with a price target of $260 last week. Technical Indicators Ahead of TSLA's Q2 Earnings Ahead of the Q2 earnings release, technical indicators reveal that Tesla is a Buy. According to TipRanks’s easy-to-understand technical tool, TSLA’s 50-Day EMA (exponential moving average) is 236.19, while its price is $290.38, making it a Buy. Further, TSLA’s shorter duration EMA (20-day) also signals an uptrend. TipRanks’ Website Traffic Tool Insights According to TipRanks’ Website Traffic Tool, visits to tesla.com and shop.tesla.com were up 19% year-over-year in the second quarter, which bodes well for the Q2 revenue growth. However, it is important to note that website visits were up only 1.8% in Q2 compared to the first quarter of 2023. Is Tesla Stock a Buy, Sell, or Hold?   Wall Street is sidelined on TSLA stock, with a Hold consensus rating based on 12 Buys, 13 Holds, and five Sells. The average price target of $237.50 indicates a possible downside of 18.2% from current levels. Conclusion Tesla shares have enjoyed an impressive rally this year, driven by multiple factors including Q1 performance, Q2 deliveries, and deals involving the company’s Supercharging network with the likes of Ford ( NYSE:F ), General Motors ( NYSE:GM ), and Rivian ( NASDAQ:RIVN ). Nonetheless, analysts are focused on the impact of the price cuts on the Q2 gross margin.    Disclosure

Asian stocks fell on Tuesday as this week's soft Chinese economic data and an absence of stimulus weighed on sentiment, while investors were waiting to see if U.S. retail sales figures shed light on the Federal Reserve policy outlook.

On July 17, 2023 at 14:25:37 ET an unusually large $2,221.59K block of Call contracts in Tesla (TSLA) was sold, with a strike price of $292.50 / share, expiring in 18 day(s) (on August 4, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 2.75

So far this year, Tesla (TSLA) and Netflix (NFLX) stocks have soared +136% and +53% respectively. This certainly has investors wondering if it’s time to buy stock in these market leaders with their quarterly results approaching.

Fool.com contributor Parkev Tatevosian compares Palantir (NYSE: PLTR), Tesla (NASDAQ: TSLA), and Microsoft (NASDAQ: MSFT) to determine which is the best AI stock to buy now.

Since the week of Independence Day earlier this month, bullish sentiment has settled into the market. That continued through today’s initial day of trading to start the week, even as we had few earnings or economic reports to guid

Earnings season is always an exciting time to be an investor, with companies finally pulling the curtain back and unveiling what’s transpired behind closed doors.

U.S. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round of quarterly results this week as earnings season gathers speed.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.95%. Stocks Monday recovered from early losses and posted moderate...

U.S. stocks rose on Monday on expectations corporate earnings will exceed forecasts, but global shares and the dollar traded little changed after data showed the Chinese economy grew slower than anticipated.

U.S. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round of quarterly results this week as earnings season gathers speed.

(RTTNews) - After a two-year delay, Tesla (TSLA) has finally constructed its first Cybertruck, the company announced in a tweet on Saturday. The tweet showcased a group of workers wearing hard hats around the sleek electric pickup truck, which was assembled at Tesla's Gigafactory

U.S. stocks rose to kick off the trading week on Monday, led by gains in financial and technology shares as investors looked toward the next round of quarterly results as earnings season gathers speed.

What happened Electric vehicle (EV) stocks started the week all shook up on Monday, as news releases from Ford (NYSE: F) and Tesla (NASDAQ: TSLA) sent investors scrambling to figure out which way is up.

Tesla Inc's directors agreed to settle a shareholder lawsuit challenging their compensation by returning to the company the value of 3.1 million stock options, worth $735 million, according to a Monday filing in a Delaware court.

The tech-heavy Nasdaq led Wall Street higher on Monday supported by megacap growth stocks including Apple and Tesla, ahead of quarterly results from industry heavyweights through the week.