Tesla has its best day in 11 years, adding $150 billion to its market valuation.
The market might be in a bull run at the moment, there's a lot of volatility present — in 2024, short sellers have managed to secure record profits, even off of notable winners such as Nvidia (NASDAQ: NVDA) and Tesla (NASDAQ: TSLA), as evidenced by the record-breaking weekly profit seen in late April.
Cathie Wood's ETFs used Tesla's blowout earnings report to trim their stakes, just like they did in July after blowout deliveries data
It was hard to find a misstep in the company's latest quarter, and the stock price reaction reflects those realities.
Investors could have a better option with GM at a fraction of the valuation of Tesla.
Tesla (TSLA) experienced a record-breaking day following a mixed third quarter showing. Yahoo Finance anchor Julie Hyman breaks down Tesla's earnings in today's Chart of the Day.
Tesla reported blowout earnings this week, but its biggest growth driver wasn't cars or robots. Its energy business grew by over 50% year over year, earning Tesla over $7 billion in revenue so far in 2024.
Tesla (TSLA) was the first member of the Magnificent Seven to report earnings this season, posting mixed results that has sent the stock ripping and roaring by nearly 20% higher. How should investors be looking at the broader tech trade coming off of Tesla's results?
As Tesla (TSLA) shares moved higher after the company's third quarter report, Interactive Brokers chief strategist Steve Sosnick sat down with Julie Hyman and Josh Lipton to discuss the results and how he thinks about the electric vehicle (EV) giant. “Basically, this is a hard story to poke holes in, and you really can't, which is why the stock is up 20%,” Sosnick says, adding that “It was not as much that they beat on their current EPS, which is of course very important, but it's that the guidance was really terrific and they beat in the right ways.
The EV maker has had big one-day gains before. Here's how that played out.
Investors could see a second straight day of an opening in the green on Wall Street as the index futures point to a positive start on Friday. Treasury yields started cooling again after scaling three-month highs.
24/7 Wall St. Insights A strong quarter lifted Tesla Inc.