TSLA stock is down while the company started delivering its latest car models on March 13, ahead of the initial schedule of autumn 2020. Later, Tesla made an official announcement and presented a video of the Model Y.
Tesla (TSLA) stock plummeted 18.58% in trading on Monday from its previous close of $546.62 to $445.07. The stock has fallen amid the broader sell-off in U.S. markets.
American Airlines stock has crashed after the company announced a 75% reduction in capacity because of the coronavirus. Analysts warn things could get worse.
Though a month ago TSLA stock was approaching $1000, today it is trading much lover. Its current price is below $500 in the premarket.
NASA Marshall center claimed that they have the employee tested positive for the coronavirus. SPCE stock started falling in the premarket after a good Friday.
The Tesla (TSLA) stock price has crashed 45% from its 2020-high in less than a month’s time. Morgan Stanley has reduced the target for the Tesla stock and global economic concerns weigh in.
Airlines are seeing a heavy reduction in the number of customers that patronize them, leading to a crash in their stocks.
As the whole markets come crashing down, Tesla stock price tanked 11.62% on Tuesday closing at $560 levels. With the Tesla production taking a massive hit, analysts are slashing the target for its stock price.
Boeing seems to be fragile at the moment, a great number of 737 Max orders are canceled. BA stock is falling.
Despite a fall of Tesla (TSLA) stock by 1.72% on Wednesday and by 7.88% in the premarket today, the company is now ranked highest-valued U.S. industrial company after overtaking Boeing.
Tesla CEO Elon Musk announced that the company has plans to expand its production in the U.S. Cybertruck and Model Y factories are to be opened there.
While TSLA stock is quite unstable these days, Tesla has announced its new plans for its production activity in China.
Elon Musk has announced that Tesla has now produced 1 million vehicles. Tesla (TSLA) stock positively reacted to this announcement and jumped almost 10% in the premarket.
Virgin Galactic (SPCE) stock does not differ from other tech shares in yielding to the influence of negative events. It lost 10.29% on Monday. At the same time Musk worries that SpaceX won’t fo to Mars before he dies.
Tesla (TSLA) stock was fully in the red on Monday as a result of oil price disputes between Saudi Arabia and Russia. But it remains number one among the most shorted stocks on the market.