Tesla jumps 19.9%, biggest one-day gain in 6 years [MSNBC.com]
Tesla, Inc. (TSLA)
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Source: MSNBC.com
Shares of Tesla The moves was the biggest one-day jump since May, 2013. The firm's analysts cited Tesla's strong fourth-quarter financials The shares were trading just over $717 after the opening bell and hit an all-time high of $786.14. The stock is up more than 85% year to date. Tesla's market cap now stands at just over $140 billion. "Our positive view assumes continued revenue growth from the legacy Model S and Model X, as well as strong demand for the new Model 3, which accounted for more than 80% of 4Q19 production," according to the research note. "Despite past production delays, parts shortages, labor cost overruns and other difficulties, we expect Tesla to benefit from its dominant position in the electric vehicle industry and to improve performance in 2020 and beyond," it added. Tesla said Wednesday that its vehicle deliveries should "comfortably exceed 500,000 units" for 2020. It had already reported Tesla said Jan. 3 that it delivered 92,550 Model 3 cars and 19,450 Model S
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TSLA
Earnings
- 10/23/24 - Beat
TSLA
Sec Filings
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- 11/13/24 - Form 4
- TSLA's page on the SEC website