|Day Low/High||218.80 / 227.23|
|52 Wk Low/High||176.99 / 387.46|
After more than one hour of a halt in the trading of Tesla's shares the company has come out with a release confirming Elon Musk's interest in taking Tesla private at $420/share -- a transaction valued at about $72 billion. I have little doubt that ...
No one in his right mind would pay this valuation for a company that makes cars.
* Have the markets been punked? * Or has Elon Musk gone further "off of the reservation?" * Is this the "Tesla MarketTop?" It is my view that Elon Musk's twitter account might have been hacked as I can see no chance for a $420 LBO of Tesla . Either ...
Here are two gigantic reasons why this market seems to want to go higher at every turn.
With indexes within striking distance of their all-time highs in afternoon trading, it's time to take out a little insurance.
Some of Tesla's bonds are trading up on the Musk tweet because of "change of control" provisions. If I was long them I would sell 'em now. My view.
On the Musk tweet I would rather purchase more Twitter and avoid Tesla . Memo to the $TWTR universe. Since no one has said it yet, I will. It is not economically feasible for @elonmusk to take $TSLA private at any price close to $420. Interest expen...
And now Elon Musk tweets out that he is considering a take private transaction of Tesla at $420. The TSLA situation is getting ever more weird now.
The Saudi Wealth Fund has reportedly built up a near $2 billion stake in Tesla following a visit to the company recently. The shares are +$15 on the news -- breaking the backs of many a short.
When it comes to self-driving cars, Alphabet's Waymo is the leader, not Tesla, according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.
Stock prices continue to head higher, but does the rally make any sense? Tesla shares lose momentum. Carl Icahn declares war on Cigna.
I have expanded my short book today with addition to ProShares UltraShort S&P500 ETF at $35.01 this morning. Here are some of the reasons I like this trade for a few days: * Market participants have ignored real and rising trade threats, higher shor...
Where does Tesla go from here? Let's go to the chart.
Elon Musk made good on his promise and TSLA is now trading above 2 key moving averages.
The answer to that question is going to determine the short-term health of the market.
Those who can stomach a bit of volatility would probably do well by owning USCR shares or selling some puts.
Seriously, I don't think anyone focuses on anything but Tesla , the FAANGs and whatever the financial media covers. Bonds are boring. Interest rates boring. Inflation, labor costs -- boring. In macro world (while you are all messing around with $TSL...
The speculative favorites tended to be higher priced names with good earnings reports.
Market players simply are not willing to chase solid news like this right now.
Tesla CEO Elon Musk is a visionary and ahead of the game on innovation, but it's stock isn't important for the health of the broader markets, according to one expert.
Tesla CEO Elon Musk delivered on some promises in the second quarter. Will new Starbucks CEO Kevin Johnson make good on his promises?
Analysts who follow the automaker failed to ask CEO Elon Musk the tough, more relevant questions about its business.
Tesla's stock is all over the map after second quarter earnings Wednesday. But the bears still have a good case on the stock.
Go long on strong fundamentals, or try this options strategy.
Until the price action improves amid the market uncertainty, the main focus should be on capital preservation and selective stock picking.
Tesla's second quarter was far from clean. But, CEO Elon Musk called out several things on the earnings call that played into a bullish thesis on the stock.
New 12-month lows of 160 exceeded new 12-month highs at around 140. That sort of internal action suggests that market conditions are deteriorating.
There's an easy way investors can hedge their exposure to Tesla.