It has become known that Tesla Model Y with 7 seats will probably become available this year already. Meanwhile, TSLA stock price is down.
American Airlines (AAL) stock price is falling as the company wants to get $3.5 billion in fresh financing. $1.5 billion is to be received through share sales and the issuance of convertible debt notes. The second part will be offered in secured notes.
Tesla is looking for alternative markets to cushion losses experienced in the sales in California in April and May. Despite this drop, TSLA stock managed to hit a new record high of $1,000 in June
Ford is going to offer its fans a new Mustang Mach 1. The company’s stock has positively reacted to this news.
Tesla (TSLA) stock jumped over 2% in the pre-market to trade at around $1,000. The company announced that the price of its Model S Long Range Plus will be reduced by $5,000.
Tesla Model Y is expanding into new markets. Meanwhile, the price of Tesla (TSLA) stock is falling. However, it is still over $900.
Today Boeing (BA) stock is up nearly 8%. Meanwhile, the stock has dropped 48.53% in the past twelve months.
Even despite yesterday’s fall in TSLA stock price, Tesla’s market cap is still higher than the combined capitalization of 5 major automakers.
According to the International Air Transport Association (IATA), airlines worldwide are expected to lose $84.3 billion this year because of the COVID-19 pandemic.
Despite an important announcement of volume production of the Semi trucks, Tesla (TSLA) stock is down today after hitting $1000.
Ford (F) stock plunged on Wednesday. It ended 6% down, at $6.81 per share. In the pre-market today, Ford shares are down as well.
Nikola Corporation (NKLA) stock price is down today. However, the stock started the week with an unexpected rise of 104% on Monday.
Ron Baron’s statement came on “Squawk Box” after Tesla (TSLA) stock hit a new record at close on Monday. Currently, his company owns 814,595 SpaceX shares and 1.6 million Tesla shares.
Top Tesla investor Baillie Gifford invested $35 million in Lilium, a German start-up that is working on the development of flying taxis.
In May 2020, Tesla’s sales in China jumped back to over 11,000 Model 3 cars which made TSLA stock price skyrocket. Analysts are hopeful and optimistic that Tesla will show a strong performance in the Chinese market over the next 12 months.