Tesla Stock News

Bank of America upgraded its rating on pharma and biotech company Moderna from underperform to neutral along with a new price target of $180 (up from $135) according to a recent BofA Global Research report. BofA cited a more reasonable valuation that has come about as being the main reason for the upgrade.

Microsoft, Apple and Tesla announce quarterly results this week and investors hold colliding viewpoints on how to value technology stocks.

Tesla (NASDAQ:TSLA) is scheduled to announce Q4 earnings results on Wednesday, January 26th, after market close.The consensus EPS Estimate is $2.36 (vs $0.80 in Q420) and the

Tesla''s next earnings call is tomorrow. Here''s what it means for Tesla stock and what investors should expect to hear from Elon Musk.

What we learned from the CEOs of Volkswagen, Ford, and Jeep about electric vehicles, charging networks, autonomous driving, and competing with Tesla.

ARK Changes How Its Innovation Fund''s Returns Show Up On Its Website Submitted by QTR''s Fringe Finance Cathie Wood continues playing it fast and loose with how she presents her ETFs projected - and now past - performance. The most recent example of Wood pulling the ole switcheroo has come in the form of how Wood markets her flagship ARK Innovation ETF (ARKK) on its website . As Twitter user @commandentesd pointed out over the weekend, Woods website used to track ARKK on its site using its YTD return. An archived version of ARKs site from December 2021 shows at YTD return of -15.1%. Ah, yes. The ole YTD metric. Lets see how that should stand for ARKK so far in 2022. The fund has started off the year -24%, underperforming its benchmark by -13%. But now, all of a sudden, ARKKs webpage shows the same other three boxes, but its return box has switched from a YTD return to a 5 year (annualized) return as of 12/31/2021. The reasons for the switch could be obvious: the funds YTD return in 2022 has been horrific and its annualized 5 year return as of the end of 2021 is a much friendlier looking +38.38% number.

The Tesla and SpaceX CEO said in a tweet Tuesday that he''d "eat a Happy Meal on TV" if McDonald''s accepted Dogecoin as payment.

ARKK Traded $4.5 Billion Worth Of Shares On Monday Monday likely marked a much needed gasp of air for Cathie Wood and those holding her ARK Innovation Fund (ARKK). The fund, which is down 22% year to date according to Bloomberg , was able to finish the trading day on Monday up 2.82% at $73.54 per share after falling as low as $64.98, which marked a new 52 week low for the asset manager''s flagship fund. After being down as much as 9.1% during the intraday session, ARKK rebounded with the rest of the market starting at about noon eastern time and, by the close, had posted what felt like one of its few meaningfully positive green days in 2022 so far. Names like Shopify and Roku, which have been decimated over the last 2 months, helped ARKK''s turnaround, rising 6.4% and 3.4% respectively. Surprisingly, the fund''s biggest weighting, Tesla, still finished the day losing -1.47% and closing at $930 per share. Bloomberg ETF expert Eric Balchunas noted at the end of the cash session that the ETF had traded an "astonishing" $4.5 billion worth of shares, which was more than major ETFs like GLD, TLT and EEM.

One of Britain s most high-profile backers of tech has told investors to keep the faith despite a sell-off in the sector.

Credit ratings agency Moodys on Tuesday raised Tesla Incs (NASDAQ:

Stock futures trade lower after last night''s stunning late-session rally; IBM shares leap after solid Q2 earnings, cloud revenue outlook; Microsoft earnings to put gaming, cloud divisions in focus; Tesla moves closer to investment grade rating after Moody''s boost and Nvidia shares slide after a report says its $40 billion Arm deal may be dead.

Panasonic Eyes "Mass Production" Of New Battery For Tesla With 20% Higher Range Longtime Tesla partner Panasonic looks once again to be slated to produce new lithium-ion batteries for the EV automaker. The company is going to be entering into "mass production" by 2023 in order to try and keep up with battery makers from China and South Korea. The new Panasonic batteries are expected to boost the range of EVs by 20% by 2023, according to a new report from Nikkei . In Tesla''s Model S, range is expected to rise to ~750km from ~650km. Panasonic had started developing its 4680 battery cells after a request from Tesla, the report says. Tesla CEO Elon Musk had previously said it wanted to make its own batteries to supplement supply and vertically integrate. Battery cost is currently about 30% of the total cost of all EVs, Nikkei reported. The new battery is expected to be "twice as big as older versions", but will offer a "fivefold increase in capacity". The cost of the new batteries is expected to be 10% to 20% less than current batteries.

The Dow Jones rallied even as U.S. troops were put on alert amid the Ukraine crisis. Tesla stock fought back while Apple stock struggled.