Tesla Stock Is Soaring After Elon Musk Promised an ‘Amazing Quarter’’
Tesla is jumping 5% on Monday, after CEO Elon Musk’s sunny outlook for the third quarter.
Where we were: From pot-smoking to Security and Exchange Commission investigations, Tesla’s road has been all curves recently.
Shares of Tesla(TSLA) are jumping 5% on Monday, after yet more commentary from CEO Elon Musk.
In a new blog post, Musk predicted that the electric-car maker would build on its second- quarter success and have “the most amazing quarter in our history, building and delivering more than twice as many cars as we did last quarter.”
He also detailed seven new management changes, which come after Tesla’s chief accounting officer quit last week after just a month on the job.
Buy Tesla on ‘Significant Barrier for Competition’: Baird
Tesla Inc. (TSLA) is a buy “even with the drama” surrounding its high-profile Chief Executive Officer (CEO) and founder Elon Musk, according to one team of analysts who expect shares to gain more than 56% from Friday close.
After a tour of Tesla’s Gigafactory, analysts at Baird have turned more bullish on shares of the electric vehicle (EV) industry pioneer, labeling it a “fresh pick” despite negative headlines which have dragged down the stock in recent months.
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Stocks to Trade | Tuesday Edition 9-11-18
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