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Tesla s Blowout Deliveries Lift Shares Even as Smaller Peers Lag

Tesla’s Blowout Deliveries Lift Shares Even as Smaller Peers Lag Bloomberg 4/5/2021 Esha Dey (Bloomberg) Tesla Inc. first-quarter delivery numbers blew past analysts’ estimates, helping the stock fend off a slide in the broader electric vehicle industry amid growing skepticism about the future of President Joe Biden’s infrastructure bill. Popular Searches Shares of the Elon Musk-led company closed up 4.4% in New York, leaving it down 2.1% year to date. Over the past 12 months, the stock has advanced more than 600%. Other EV stocks like Workhorse Group Inc. and Lordstown Motors Corp. dropped on Monday. EV companies overall have received some good news in the past week, including a big push into electric vehicles in the infrastructure spending bill unveiled last week, and the estimate-crushing delivery figures from Tesla. But that may not be enough to stop a decline in the stocks that has seen investor interest wane this year. Auto stocks, EV and other

Tesla s market value set to gain $50 billion on record EV deliveries

3 Min Read (Reuters) - Tesla Inc was set to add about $50 billion to its market value as the electric car-maker’s shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts. FILE PHOTO: Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker s showroom in Beijing, China January 5, 2021. REUTERS/Tingshu Wang/File Photo The stock jumped nearly 8% in pre-market trading and it was on track to hit its highest in over a month. The company said on Friday it was encouraged by the strong reception of its Model Y crossover in China and it was quickly progressing to full production capacity.

Tesla s market value set to gain Sh5 4 trillion on record EV deliveries

Valor de mercado da Tesla pode subir em US$ 50 bilhões graças à China

Valor de mercado da Tesla pode subir em US$ 50 bilhões graças à China
canaltech.com.br - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from canaltech.com.br Daily Mail and Mail on Sunday newspapers.

Tesla shares surge after company posts record deliveries

Tesla shares surge after company posts record deliveries
metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.

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