Nasdaq TSLA Tesla

Portfolio manager Cathie Wood's ARK Innovation ETF (NYSEMKT: ARKK) is made up of a who's who of high-flying growth stocks. ARK Invest and Wood focus more on today's hottest companies, buying shares of disruptive innovators. Wood's picks are known more for aggressive upside potent

Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets soliciting child pornography, the companies told Reuters.

Some major advertisers including Dyson, Mazda and chemicals company Ecolab have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets soliciting child pornography, the companies told Reuters.

Tesla Inc said on Wednesday that Airbnb Inc co-founder Joseph Gebbia has joined the electric vehicle maker's board, reversing a move to trim the number of directors at the world's most valuable carmaker.

Some major advertisers including Dyson, Mazda and chemicals company Ecolab have suspended their marketing campaigns or removed their ads from parts of Twitter because their promotions appeared alongside tweets soliciting child pornography, the companies told Reuters.

In trading on Wednesday, the Junior Gold Miners ETF is outperforming other ETFs, up about 5.8% on the day. Components of that ETF showing particular strength include shares of Coeur Mining, up about 13.8% and shares of Equinox Gold, up about 11.7% on the day.

Apple Inc shares fell more than 4% on Wednesday after a report that the tech giant was ditching its plans to boost production of the latest iPhone fueled demand worries.

You might be living under a rock if you haven't heard the word "recession" being thrown around in the media over the past few months. Thanks to inflation, the Federal Reserve's efforts to control inflation, and an overflow of global problems, a worldwide economic contraction is o

The Dow and S&P 500 were set to open higher on Wednesday as easing Treasury yields gently lifted rate-sensitive growth stocks, but the gains were capped by losses in Apple Inc after it dropped plans to boost iPhone production.

Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.

U.S. stock index futures fell on Wednesday led by Apple after it dropped plans to boost production of its new iPhones, but a pullback in benchmark Treasury yields from multi-year highs limited the decline.

Apple Inc shares fell 4% in premarket trading on Wednesday and piled pressure on other growth stocks following a report that the tech giant was dropping its plans to boost production of the latest model of its flagship iPhone.

Tesla (NASDAQ: TSLA) completed its second stock split after close of trading on Aug. 24. If you had one share of Tesla in your account before the stock split, you now have three whole shares of the electric vehicle maker sitting in your account.Although it may be tempting to sell

EV giant Tesla (NASDAQ:TSLA) will soon announce its Q3 deliveries, and the company expects solid volumes for the quarter, Electrek reported. Citing an internal email, the Electrek report highlighted that Tesla expects high delivery volumes at the end of the third quarter and is asking all its staff to help meet target numbers. While a surge in deliveries will act as a positive catalyst, cost headwinds could ruin the show and may restrict the upside in Tesla stock. 

A Quick Look at Tesla’s Deliveries

Tesla’s total deliveries stood at 254,695 in Q2, up 27% year-over-year. However, it fell about 18% from Q1 due to supply constraints and a prolonged shutdown at its Shanghai factory. As for Q3, analysts see a solid jump in growth. 

Wedbush analyst Daniel Ives expects TSLA’s deliveries to hit 362,552, up 50% year-over-year. Further, the forecast shows a stark improvement of over 42% from Q2. Ives is bullish about TSLA, and his price target of $360 implies 27.2% upside potential. 

Tesla’s aggressive push to ramp up deliveries could support its stock price, which is down about 20% year-to-date. However, headwinds from higher commodities and logistics costs could remain a drag. With that in the background, let’s see what the Street is projecting for TSLA stock. 

What is the Future Price of Tesla Stock?  

Given the ongoing headwinds, Wall Street sees a limited upside in TSLA stock. TSLA’s average price target of $311.97 on TipRanks implies 10.3% upside potential. Meanwhile, the stock commands a Moderate Buy consensus rating on TipRanks based on 18 Buys, six Holds, and five Sells.

Further, TSLA stock has negative indicators from hedge funds and insiders. Hedge funds sold 1.2M TSLA stock last quarter. Meanwhile, insiders sold Tesla stock worth $6.9B.

TSLA stock has a Neutral Smart Score of four out of 10.

Bottom Line  

Strong demand and favorable policies provide a solid base for long-term growth for TSLA. However, production and cost headwinds and negative signals from hedge funds and insiders could limit the upside.

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Elon Musk's lawyers urged a federal appeals court to throw out a provision in his 2018 consent decree with the U.S. Securities and Exchange Commission (SEC) requiring a Tesla Inc lawyer to vet some of his posts on Twitter.

Lawyers for Elon Musk urged a federal appeals court to throw out a provision in his 2018 consent decree with the U.S. Securities and Exchange Commission requiring a Tesla Inc lawyer to vet some of his posts on Twitter.

Toyota Motor Corp plans to start production and sales of a small electric sedan powered by BYD Co Ltd batteries by year-end as part of an ongoing collaboration with the Chinese company, three people close to the Japanese carmaker said.

Wall Street sank deeper into a bear market on Tuesday, with the S&P 500 recording its lowest close in almost two-years as Federal Reserve policymakers showed an appetite for more interest rate hikes, even at the risk of throwing the economy into a downturn.

Wall Street sank deeper into a bear market on Tuesday, with the S&P 500 recording its lowest close in almost two-years as Federal Reserve policymakers showed an appetite for more interest rate hikes, even at the risk of throwing the economy into a downturn.

Wall Street sank deeper into a bear market on Tuesday, with the S&P 500 recording its lowest close in two-years as Federal Reserve policymakers showed an appetite for more interest rate hikes, even at the risk of throwing the economy into a downturn.