Tesla Stock Could Plunge Due to Coronavirus, Company Admits in New Financial Filing
Tesla has now acknowledged the coronavirus as a serious risk in the company’s plans. Tesla says the epidemic could affect TSLA stock and the company’s progress.
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Tesla has now acknowledged the coronavirus as a serious risk in the company’s plans. Tesla says the epidemic could affect TSLA stock and the company’s progress.
With its recent success and growth in manufacturing the new Tesla models, the company plans to fuel its growth further by raising $2.3 billion from the open market through common stock offerings. Tesla (TSLA) stock price is moving up again.
Apple (AAPL) stock is 1% down even though the coronavirus production delays will not affect the iPhone 12 September launch, as the high demand for 5G A14 chips pushes the company to the limit.
Though Tesla (TSLA) stock has slowed down, if its price stays stable, the company could achieve the $100 billion average market cap for a six-month period as soon as in April or May. So, Elon Musk could get his first paycheck quite soon.
Credit Suisse has ended 2019 with figures in earnings that seems to leave all of its woes in the past, with optimism for 2020. CSGN stock is up though the CEO is leaving the company.
Despite the fact that Facebook has faced numerous challenges tackling sensitive ads in the political election period, yesterday FB stock started to rise and showed some signs of recovering.
In 2020, Airbus aims to deliver about 880 jetliners, up from 863 in 2019, which was already a record. However, now Airbus (AIR) stock is in red, trading around 1% lower than yesterday.
Dow Futures tanked in as the health officials from China’s Hubei city have arrived with a new “clinical diagnosis” methodology which has suddenly shot the tally of a total number of infected cases above 60,000.
The coronavirus outbreak seems to be getting worse instead of getting better and the Asian markets have crashed in response to a 45% surge in confirmed cases.
Shopify reported a much better than expected full-year results. Shopify (SHOP) stock has jumped more than 10% and reached its ATH.
Facebook CEO Mark Zuckerberg Facebook is going to come to Europe with an official visit this month. At the same time, FB stock is experiencing not the best period.
Heineken Holdings has reported a 14% increase in its 2019 net profit and expects the profit to rise in 2020. After such an announcement Heineken (HEIA) stock jumped by over 6%.
As it tries to sanitize the playing field, the FTC has announced an investigation into some of the biggest tech companies: Amazon, Apple, Facebook, Google and Microsoft.
The $26 billion T-Mobile and Sprint merger was approved by the judge. After this decision was announced the Sprint (S) stock price has increased by more than 70%.
President Trump called four big tech companies with trillion-dollar market caps, Microsoft, Apple, Google and Amazon, the MAGA club. MAGA is also a short form of ‘Make America Great Again’, a favorite slogan of Trump and his supporters.