Nasdaq TSLA Tesla

Wall Street was moderately upbeat last week. The S&P 500, the Dow Jones and the Nasdaq Composite added 1.1%, 1.2% and 1.1%, respectively. Among the key developments, the Federal Reserve’s September meeting minutes revealed the

Tesla (NASDAQ: TSLA) was once considered an unstoppable force in the electric vehicle market but now the company finds itself in need of a recharge. After years of meteoric growth and investor euphoria, the company is facing several challenges that have cast a shadow over its n

Tesla (NASDAQ: TSLA) stock is down 12% in 2024, despite a raging bull market for the S&P 500 that has sent the index 23% higher this year. The company is grappling with sluggish electric vehicle (EV) sales amid growing competition and softening consumer demand across the indu

Tesla Inc.’s (TSLA) shares rose 0.6% following a report that total electric vehicle sales in the United States will continue to rise in double-digits year over year.Shares of Alphabet inc. (GOOGL) advanced 1.1% after the company e

Tesla's (NASDAQ: TSLA) highly publicized robotaxi event failed to impress investors, who sent its shares tumbling following the presentation. The stock had rallied over the past quarter in anticipation of the event, despite the electric vehicle (EV) market continuing to see decel

Ark Invest CEO Cathie Wood is one of the most outspoken personalities on Wall Street. Wood has garnered a large following thanks to her consistently bullish convictions around emerging technologies.

In this podcast, Motley Fool host Dylan Lewis and analysts Asit Sharma and Jason Moser discuss:

Tesla ( NASDAQ:TSLA) left many investors disappointed last week as hopes for a boost from its robotaxi unveiling failed to materialize. In fact, not only did the stock fail to rise, but it also took a hit, with critics pointing to a lack of substance at the flashy Hollywood-based event. For his part, Piper Sandler analyst Alexander Potter was hoping the unveiling would “yield an excuse to boost estimates.” In this regard, says the analyst, “optimism is fading.” “On the other hand,” Potter goes on to say, “there’s no need for estimate cuts, because we had always assumed that revenue from full self-driving (FSD) software wouldn’t begin ramping until 2027/2028.” So, it’s basically back to square one. And in Tesla’s case, square one means selling cars, and that, says the analyst, might just be a “good thing.” Prior to the hype-fueled robotaxi event, sentiment around Tesla was already not great after investors were left unimpressed with the Q3 delivery haul. Not Potter, however, who expected a lower volume than the 463,000 units the EV leader delivered in the quarter. As such, driven by strong seasonal demand in China and the ongoing ramp of Cybertruck production, Potter is comfortable on his Q4 forecast of 465,586 units. Additionally, Potter highlights the fact that Q4 always represents Tesla’s best delivery quarter, so the usual end-of-year surge should also be forthcoming. Looking forward to next year, the analyst thinks 2025 deliveries will reach ~1.9 million units, amounting to year-over-year growth of around 8%. Fueled by lower interest rates and “greater penetration in new regions,” legacy models (S, 3, X, and Y) will account for about half of the growth. Another “key assumption” for 2025 is that the Cybertruck will notch 100,000 deliveries. Potter is also hopeful that a Model 2 will be unveiled in time to have an impact on the 2025 forecast, although he says it’s uncertain whether that will actually happen.   Bottom line, Potter rates Tesla shares an Overweight (i.e., Buy), while his $310 price target makes room for ~42% gains in the months ahead. (To watch Potter’s track record, click here) Bulls will like that, but the majority of Potter’s colleagues aren’t quite as convinced. Overall, the analyst consensus rates the stock a Hold (i.e. Neutral), based on 16 Holds, 11 Buys and 8 Sells. Meanwhile, given the average target stands at $207.83, the shares are anticipated to shed 5% of their value by this time next year. (See Tesla stock forecast ) To find good ideas for stocks trading at attractive valuations, visit TipRanks’  Best Stocks to Buy, a tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

In this podcast, Motley Fool analyst Jason Moser and host Ricky Mulvey discuss:

The latest trading session saw Tesla (TSLA) ending at $219.15, denoting a +0.62% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.77%. Meanwhile, the Dow gained 0.47%, and

Robotaxis are among the most interesting and transformative technological innovations we are currently witnessing. They are already on the roads, and several firms are competing for dominance, though Google parent Alphabet’s GOOG

The First Trust Large Cap Growth AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Monday, with over 37,000 shares traded versus three month average volume of about 29,000. Shares of FTC were up about 0.1% on the day. Components of that ETF with the highes

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.59%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.76%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.11%. Stocks today are moderately higher, with the S&P 500 and Dow...

U.S. legacy automaker Ford F is trading quite cheap at the moment from a valuation standpoint. Its forward sales multiple of 0.26 is lower than its five-year average. The stock also looks attractively valued relative to its indust

After a long wait, Tesla (NASDAQ: TSLA) finally debuted its robotaxi on Thursday night.

In a remarkable feat, Elon Musk‘s space company SpaceX achieved a significant milestone – its first-ever catch of its rocket booster. SpaceX achieved this feat on the fifth test flight of its Starship rocket. This feat is crucial in SpaceX’s mission to create a fully reusable rocket system. How Did SpaceX Achieve This Feat? SpaceX’s starship rocket took off from the company’s Starbase facility near Brownsville, Texas at 8:25 am ET. The rocket’s massive “Super Heavy” booster roared to life and, just under seven minutes after liftoff, returned to the launch site, where it was caught by the tower’s “chopstick” arms. Meanwhile, the upper portion of the Starship rocket separated from the booster, continuing its flight into space. It traveled halfway around the planet before re-entering Earth’s atmosphere and splashing down in the Indian Ocean, successfully concluding the test as planned. It is important to note that no crew was aboard this flight, and SpaceX intends to refine the system over hundreds of missions before it launches with astronauts. Starship is the company’s tallest (397 feet tall) and most powerful rocket ever launched, with 16.7 million pounds of thrust. Why Is Today’s Launch of SpaceX’s Starship Significant? Remarkably, Starship’s four previous test flights have surpassed the milestones achieved by its predecessor. Today’s feat of Starship is vital in terms of space travel, as a reusable rocket system could revolutionize space travel by significantly reducing costs and enabling routine flights of cargo and people beyond Earth. Is Tesla a Buy, Sell, or Hold? When it comes to Musk’s electric vehicle (EV) company Tesla, analysts remain sidelined about TSLA stock, with a Hold consensus rating based on 11 Buys, 16 Holds, and eight Sells. Over the past year, TSLA has slid by more than 10%, and the average TSLA price target of $207.83 implies a downside potential of 4.6% from current levels. See more TSLA analyst ratings

Investors who think the event did not go as intended are missing the bigger picture.

For Immediate ReleaseChicago, IL – October 14, 2024 – 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 fi

This year has been a positive one for the overall cryptocurrency market. The industry's value, now at about $2.2 trillion, has climbed 29% since the start of 2024. However, that favorable backdrop hasn't benefited all digital assets like you might imagine.

Lyft (LYFT) shares rallied 9.6% in the last trading session to close at $13.60. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 6.