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Tesla Stock Jumped 3.55% on Wednesday: Will it Correct on The Next Session? - Via News Agency

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Tesla shares jumped 3.35% to $574.00 at yesterday, The Nasdaq Stock Market is rose 0.48% to $12,094.40.

According to tuesday’s article on Bloomberg Quint, “Nikola, Tesla Shares Fall as EV Rally Frenzy Comes to a Halt.”

According to Tuesday’s article on MarketWatch, “Tesla issues recall of 9,000-plus Model X and Model Y vehicles.”

Tesla’s last close was $555.38, 0.05% under its 52-week high of $573.70.

Tesla’s sales growth is 35.3% for the ongoing quarter and 60% for the next. The company’s growth estimates for the ongoing quarter and the next is 112.2% and 265.2%, respectively.

Year-on-year quarterly revenue growth grew by 39.2%, now sitting on 28.18B for the twelve trailing months.

Tesla’s stock is valued at $574.00 at 08:26 EST, above its 52-week high of $573.70.

Tesla’s worth is way higher than its 50-day moving average of $435.96 and way higher than its 200-day moving average of $332.14.

Tesla-heavy etfs ride along as company gets a price upgrade. According to MarketWatch on Mon Nov 23, “Exchovere-traded funds with heavy exposure to Tesla Inc.”

According to Bloomberg Quint on Tue Nov 24, “Musk Hints Again at Longer-Range Teslas and Hatchback for Europe.”

According to Bloomberg Quint on Tue Nov 24, “Tesla Nears Half a Trillion Mark After Soaring 525% This Year.”

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"correct" - Google News
November 26, 2020 at 08:27PM
https://ift.tt/33hniJ1

Tesla Stock Jumped 3.55% on Wednesday: Will it Correct on The Next Session? - Via News Agency
"correct" - Google News
https://ift.tt/3d10rUK
https://ift.tt/35qAk7d

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