tesla shanghai Archives

Nio Launches Its New Electric Sedan Model to Compete with Tesla

With a new electric sedan, Nio seems to take on Tesla that has just started selling its Model Y vehicles from its Shanghai factory. However, Nio itself says their main rivals are BMW’s X3 and Audi’s Q5 sports utility vehicles.

Tesla Stock Up 7% as Analysts Are Raising Price Target for TSLA Shares

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By Darya Rudz Nov 23, 2020

On Friday, Tesla stock closed at $489.61, or 9.66% down. Today, at the time of writing, TSLA stock is 7% up, trading at $524.11.

TSLA Stock Rises 3% After Hours on Tesla Record Q3 2020 Earnings Report

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By Darya Rudz Oct 22, 2020

The third-quarter results are impressive. Tesla generated $8.771 billion in revenue, which marks a 39% growth year-over-year.

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Tesla Starts Delivering Shanghai-Made Model 3 to Europe, TSLA Stock Declines After Hours

By Darya Rudz Oct 19, 2020

This year, Tesla plans to produce as many as 150,000 Model 3 at its Shanghai facility. Currently, Tesla makes around 11,000 units per month.

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TSLA Stock Up, Tesla to Cut Starting Price of Its China-Made Model 3 by 8%

By Darya Rudz Oct 1, 2020

Previously, the starting price for Model 3 sedans produced at Tesla’s Shanghai factory with a standard driving range was 271,550 yuan. Now, it will cost 249,900 yuan (or $36,805).

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TSLA Stock Jumps 4% After Hours as Tesla Reports Q2 2020 Earnings

By Darya Rudz Jul 23, 2020

Following strong Q2 2020 report, Tesla stock rose. TSLA closed at $1,592.33 per share yesterday and added 4.06% to $1,657.00 after-hours.

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There’s 10 Times More to Go with Tesla, Says Ron Baron after TSLA Stock Hits New Record

By Darya Rudz Jun 9, 2020

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.

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TSLA Stock Up 2% in Pre-Market, Analysts Expect New Peaks for Tesla in Near Future

By Darya Rudz May 12, 2020

Despite a slight decline, some analysts believe that new peaks for Tesla stock price are on the horizon. The company may soon move the headquarters out of California, which will save millions of dollars for Elon Musk in taxes.

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TSLA Stock Down 2.76% in Pre-market ahead Tesla Q1 2020 Report, Is It a Buy Now?

By Darya Rudz Apr 20, 2020

On April 29, Tesla will release the first-quarter 2020 earnings. Analysts have already made their predictions, and now we have to wait to see whether Tesla has beat their expectations or not. Today TSLA stock is down in the pre-market.

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Tesla (TSLA) Stock Up Nearly 2.5%, Musk to Face Shareholder Lawsuit over Going-Private Tweet

By Darya Rudz Apr 16, 2020

Recently, Tesla got in hot water, as its founder Elon Musk seems to have misled shareholders. Regulators considered his tweet about going private an attempt to defraud shareholders and manipulate Tesla (TSLA) stock price.

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TSLA Stock Rises 5.16% in Pre-Market, Tesla’s China Car Registrations Surge in March

By Darya Rudz Apr 15, 2020

The number of Tesla car registrations in China rose 450% in March to reach 12,709 units. Some analysts believe backsliding is unlikely to take place in the upcoming days. Now TSLA stock is rising.

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TSLA Stock Is Still Number One among Most Shorted Stock with $12 Billion

By Darya Rudz Mar 6, 2020

Tesla (TSLA) stock is the most shorted stock on the market. Over the last seven days, its short-sellers made $1.1 billion. It runs neck-and-neck with Apple.