Tesla: the most valuable automaker

Tesla: the most valuable automaker

2020-07-08 • Güncellendi

Top Wall Street analysts bet on Tesla for the third quarter. Has the era of electric cars started?

What happened?

It’s unbelievable, but Tesla even outperformed Toyota by its market value, despite the fact that Tesla has never managed to make its annual profit. Tesla’s value exceeded 208 billion dollars, leaving behind Toyota with its 203 billion dollars. Tesla’s stock value has risen by 500% since this time last year. The overall improvement in the tech sector boosted the company, despite the coronavirus outbreak. The last week report showed that Tesla has tripled sales of “Model 3” cars in China in May in comparison with April. Actually, Tesla has become the bestseller among other electric vehicles in China this year. What’s more, in California it has become the top selling car in the first quarter among all cars, including petrol-driven ones.

sh1.png

Indeed, there is a global tendency towards electric cars. According to Bloomberg, global sales of oil and diesel driven cars has been in the permanent decline since 2017. It’s written that electric vehicle sales could reach 10% of global sales by 2025, then 28% by 2030 and, finally, 58% by 2040. It’s hard to imagine how far the Tesla stock will surge by then.

Q2 sales

Tesla’s deliveries for the second quarter bet all estimates. Just look at this data: total Q2 deliveries were 90 650, while the FactSet’s forecast was 68 380. The total production turned out 82 272 (6 326 ModelS/X and 75 946 Model 3/Y). Five-star Oppenheimer analyst Colin Rusch has immediately claimed his buy rating on Tesla after that report. Tesla reached the record high at 1 220 on Thursday after that report. As a result, Tesla is one of few companies that managed to make a progress even during the coronavirus pandemic.

Why is it important for a trader?

Many traders have made a huge profit on Tesla, sometimes due to their intuition, sometimes due to their good understanding of the stock market and the fast reaction to news. Thanks to Elon Musk’s tweets and leaked emails traders have the opportunity to make money even without economic releases. However, least ones are still main drivers of the stock price. Tesla will report its earnings report for the second quarter this month. Don’t miss out.

As you can see on the chart below, Tesla is trading at its record highs near $1 200. Further news and the earnings report will add the fresh volatility to it. Support levels are at key psychological marks at $1 200 and $1 000. If it breaks them down, it may fall deeper to the low of June 26 at $960. Follow further news on Tesla and make profit!

TESLADaily.png

Just for fun

Now that we’re speaking about Elon Musk actions. When Tesla surpassed Toyota by the stock value, Musk decided to make fun of that and launched short red shorts for short sellers! To mock those who didn’t believe in Tesla’s growth. Due to the Musk’s love for encryption (Do you remember how he named his son?), he encrypted a joke even into the price of the shorts for short sellers. He set the $69.420 price. People easily decrypted his message. They said last three digits - 420 - is the reference to Musk’s tweet in 2018. After that the stock price fell down significantly.

sh2.png

What should you do for trading Tesla’s stock?

Trading stocks with FBS is easy. Follow the simple steps described below.

  1. First of all, be sure you’ve downloaded Metatrader 5. FBS allows you to trade stocks only through this software.
  2. Open the MT5 account in your personal area.
  3. Reveal all trading instruments by clicking “show all” at the “Market Watch” window.
  4. Start trading!

TRADE NOW

Benzer

En son Haberler

Altında Powell Etkisi Yükselişleri Destekledi
Altında Powell Etkisi Yükselişleri Destekledi

Altında Powell Etkisi Yükselişleri Destekledi Ons altın Fed Başkanı Powell'ın faiz artış hızını düşürebileceğine işaret eden açıklamalarıyla yükselişini ikinci güne taşıdı…

Yerel ödeme sistemlerinizle para yatırın

Veri toplama bildirimi

FBS bu web sitesini çalıştırmak için verilerinizin kaydını tutar. “Kabul Et” düğmesine basarak, Gizlilik politikamız kabul etmiş olursunuz.

Geri arama

 1
 93
 355
 213
 1684
 376
 244
 1264
 672
 1268
 54
 374
 297
 61
 43
 994
 1242
 973
 880
 1246
 375
 32
 501
 229
 1441
 975
 591
 387
 267
 55
 246
 673
 359
 226
 257
 855
 237
 1
 238
 1345
 236
 235
 56
 86
 61
 61
 57
 269
 242
 243
 682
 506
 225
 385
 53
 357
 420
 45
 253
 1767
 1809
 593
 20
 503
 240
 291
 372
 251
 500
 298
 679
 358
 33
 594
 689
 241
 220
 995
 49
 233
 350
 30
 299
 1473
 590
 1671
 502
 224
 245
 592
 509
 39
 504
 852
 36
 354
 91
 62
 98
 964
 353
 44
 972
 39
 1876
 81
 962
 7
 254
 686
 850
 82
 965
 996
 856
 371
 961
 266
 231
 218
 423
 370
 352
 853
 389
 261
 265
 60
 960
 223
 356
 692
 596
 222
 230
 262
 52
 691
 373
 377
 976
 382
 1664
 212
 258
 95
 264
 674
 977
 31
 599
 687
 64
 505
 227
 234
 683
 672
 1670
 47
 968
 92
 680
 970
 507
 675
 595
 51
 63
 64
 48
 351
 1787
 974
 262
 40
 7
 250
 590
 290
 1869
 1758
 590
 508
 1784
 685
 378
 239
 966
 221
 381
 248
 232
 65
 421
 386
 677
 252
 27
 500
 34
 94
 249
 597
 268
 46
 41
 963
 886
 992
 255
 66
 670
 228
 690
 676
 1868
 216
 90
 993
 1649
 688
 256
 380
 971
 44
 1
 1
 598
 998
 678
 58
 84
 1284
 1
 681
 2
 967
 260
 263
00:00
00:00
00:00
01:00
02:00
03:00
04:00
05:00
06:00
07:00
08:00
09:00
10:00
11:00
12:00
13:00
14:00
15:00
16:00
17:00
18:00
19:00
20:00
21:00
22:00
23:00
23:00
23:00
00:00
01:00
02:00
03:00
04:00
05:00
06:00
07:00
08:00
09:00
10:00
11:00
12:00
13:00
14:00
15:00
16:00
17:00
18:00
19:00
20:00
21:00
22:00
23:00

Bir yönetici sizi kısa süre içinde arayacaktır.

Numarayı değiştir

Talebiniz kabul edildi.

Bir yönetici sizi kısa süre içinde arayacaktır.

u telefon numarası için bir sonraki geri arama talebi
sonra olabilir

Eğer acil bir sorununuz varsa lütfen bizimle iletişime geçin
Canlı sohbet

İç hata. Lütfen daha sonra tekrar deneyiniz

Zaman kaybetmeyin - TDİ'nin ABD Dolarını ve kârı nasıl etkilediğini takip edin!

Tarayıcınızın eski bir sürümünü kullanıyorsunuz.

En son sürüme yükseltin ya da daha güvenli, rahat ve üretken bir yatırım deneyimi için başka bir tarayıcı deneyin.

Safari Chrome Firefox Opera