Tesla (NASDAQ: TSLA ) stock might be rallying, but electric vehicle maker still looks like a bad long-term investment idea. A fuse has been lit underneath Tesla stock.
Tesla shares surged last week when it released surprisingly strong delivery figures — so much so that the stock-price gain was nearly twice as large as its straddle cost.
Tesla (NASDAQ: TSLA) stock has been one of the best performers in the whole of the S&P 500, as it caused significant losses to short-sellers of this popular EV maker stock.
WILMINGTON, Del. — A Delaware judge heard arguments Monday over a massive and unprecedented fee request by lawyers who successfully argued that a massive and unprecedented pay package for Tesla CEO Elon Musk was illegal and should be voided.
The latest trading day saw Tesla (TSLA) settling at $252.94, representing a +0.56% change from its previous close.
Tesla shareholders are urging a Delaware judge to reject the $7 billion legal fee request made by attorneys who challenged CEO Elon Musk's pay package, which remains in legal limbo.
For more than three hours, two experts offered opposing testimony about the benefit created for Tesla by a Delaware judge's January ruling that rescinded Musk's $56-billion pay package.
Tesla Inc (NASDAQ:TSLA) shares continued its impressive nine-day rally on Monday, closing with a modest 0.5% gain. The streak has swiftly reversed its year-to-date losses, surging over 75% from its low point in April.
Tesla, Inc. stock has been my top-performing investment, with a more than 2,100% return since 2013. Despite the recent surge, Tesla's stock has considerable upside potential in the intermediate and long term, with positive developments and potential for beating sales and EPS estimates. Tesla delivered 422,405 vehicles last quarter, surpassing many analysts' estimates, and is expected to outperform Q2 estimates with strong future growth potential.
Tesla Inc. TSLA stock has been on a tear lately, surging 22.74% over the last five trading days and climbing 45.49% in the past month.
Tesla and Rivian have been making headlines on positive news lifting share prices.
Tesla, Inc. TSLA fell in premarket trading on Monday, signaling the risk of the stock snapping an eight-session winning streak, while index futures are trading on a flat note.