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Tesla Newsroom
Tesla's stock price continues to soar! Major institutions rapidly raise the Target Price to $450. Will it be able to hit a new historical high tonight?
Currently, Wall Street is overwhelmingly bullish, with the highest target price reaching $450, indicating that Tesla is expected to rise another 12%.
In December, Tesla's sales in China welcomed a "good start": in the first week, 21,900 Autos were sold, setting the highest record for Q4.
In the first week of December, Tesla sold 21,900 electric Autos in China, setting the highest weekly sales since the fourth quarter of this year.
Wall Street Gains, Tech Rallies, Tesla Hits All-Time Highs As Inflation Data Firms Up Fed's Next Interest Rate Cut
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SpaceX's valuation has soared to 350 billion dollars, further solidifying Musk's position as the richest person.
The short-term surge in SpaceX's valuation can be seen as part of the "Trump" Trade, as Musk has gained Trump's trust through strong support provided during the USA election.
Tesla's China Sales Recover, Model Y Accounts for Over 60% of November Sales
After the CPI data was released, the NASDAQ opened 0.74% higher, and Tesla rose about 2%.
On December 11, Gelonghui reported that the three major US stock indices opened higher collectively, with the Nasdaq rising 0.74%, the S&P 500 Index increasing by 0.48%, and the Dow Jones up by 0.21%. The US November non-seasonally adjusted CPI year-on-year rate is 2.7%, rising for the second consecutive month to a four-month high, with expectations at 2.7% and a previous value of 2.6%. The probability of the Federal Reserve lowering interest rates by 25 basis points in December has almost been fully priced in. Tesla rose by about 2%, with sales in China last week at 0.0219 million units, marking the highest weekly sales since the fourth quarter. GameStop increased by about 6%, reporting a profit of 17.4 million dollars in the third quarter, turning profitable compared to the same period last year. Broadcom rose.
Express News | The three major U.S. stock indexes opened higher collectively, with Tesla rising over 2%.
Goldman Sachs Remains Cautious on Tesla Stock, Says Valuation 'Is Full'
Microsoft, Amazon, Big Tech Set to 'Accelerate' Deals With Khan Departure: Wedbush
The latest bidding Quote shows that SpaceX, under Elon Musk, is valued at 350 billion US dollars.
Elon Musk's SpaceX and its investors have agreed to spend up to 1.25 billion dollars to buy insider Stocks, which pushes SpaceX's valuation to about 350 billion dollars.
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US stock market forecast | November CPI data meets expectations, the three major futures indexes rise sharply; Quantum Computing concept stocks surge before the market, with Rigetti and Quantum both climbing over 10%.
Pre-market up over 1%, Tesla's sales in China for December usher in a "good start": first week sales of 0.0219 million Autos, Cybertruck has completed Energy consumption declaration in China; Google executive: Search AI is the biggest bet, with an expected investment of 50 billion in 2024.
Tesla, Inc.'s (NASDAQ:TSLA) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
TSLA Stock Surges In Wednesday Pre-Market After Multiple Price Target Hikes: Elon Musk-Led EV Giant Has Made Investors $490 Billion Richer So Far In 2024
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Express News | Tesla Shares up 1.5% Premarket