Tesla’s Stock Collapses Through Vital Technical Support; Look Out Below?

2019-4-27 00:04

By CCN: Tesla’s stock has broken through critical support, breaching a long-term range and falling 6% amid heavy selling confirmed by huge volumes. With Elon Musk facing a constant media barrage for a combination of bizarre tweets and unrealistic predictions, the media is trying to make this about a possible CEO challenge.

In reality, this is probably more to do with the horrific earnings miss this week and a sinister reality for TSLA shareholders. Tesla Shares in Free-Fall After Terrible Earnings As investors deal with the incredible news that Tesla lost $2. 90 a share versus the $0. 65 they expected, TSLA

The post Tesla’s Stock Collapses Through Vital Technical Support; Look Out Below? appeared first on CCN

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tesla stock → Результатов: 54


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Tesla Stock Plunges After EV Titan Abandons $4.5 Billion Gigafactory Expansion

Tesla stock just can’t seem to catch a break. The latest shock? The Elon Musk-led firm and Panasonic abruptly shelved plans to expand the $4. 5 billion Gigafactory 1 in Nevada. Tesla Stock Suffers Another Major Setback Already the largest EV battery plant in the world, Tesla and Panasonic had planned to expand Gigafactory 1 by a staggering 50% to 54GWh by 2020.

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Tesla’s woes unlikely to end soon, but startups can take a cue

“Funding secured. ” When Tesla founder and CEO Elon Musk tweeted the above statement early August, it kickstarted a series of things: Tesla stock jumped from about $363 to $379. The Securities and Exchange Commission launched a formal investigation into Musk — accusing him of making false and misleading statements to prop up Tesla’s value.

2018-10-11 23:00