Tesla Stock News

"Are Toyota and VW undervalued or is Tesla overpriced?" Fraser Perring, the founder of investigative financial research group Viceroy Research, tweeted Wednesday.

"Tesla has shown us the extremely difficult path to ramping EV manufacturing," Morgan Stanley analysts said in note this week.

Same ARKK, Different Year: Cathie Wood''s Flagship Fund Starts 2022 Down 9.5% Submitted by QTR''s Fringe Finance After finishing up 2021 underperforming her benchmark (the NASDAQ) by more than 40%, then alluding to the idea of potentially returning 40% per annum for the next five years, Cathie Woods ARK Fund has had an equally odious start to 2022 over the first three trading days of the year. Woods flagship has already fallen -9.5% in just three sessions since assurances that her innovation stock picks were in deep value territory. It looks like deep value just became deeper value. In addition to horrific returns to start the year, Wood is once again underperforming her benchmark, already -5.92% lower than the NASDAQ is tracking. In the words of George Costanza: It really didnt take very long, either. Even more frightening is the fact that ARKKs biggest weighting, Tesla, is up 0.75% for the year. ARKK is underperforming its top weighted holding by -10.28% already. Zero Hedge also noted after the closing bell on Wednesday that the fund has started off the year with a record 45% drawdown from highs.

In this Nov. 28, 2018, file photo, the Department of Justice seal is seen in

Tesla Inc (NASDAQ:TSLA) is unveiling a colossal 81-megapack battery project in Angleton, Texas, one of the biggest in the companys catalog. With it, Tesla is looking to support the community given the constant blackouts last winter. Q3 2021 hedge fund letters, conferences and more Massive Project As homeowners in Texas are fearing the repetition of []

Dow Jones futures crept higher Friday; Treasury yields eased ahead of the December jobs report. Tesla stock rebounded.

Tesla Inc (NASDAQ: TSLA ) shares have outperformed the S&P 500 in the last year, generating a 12-month total return of 48%. Tesla is still putting up impressive growth numbers, but with a $1.1 trillion market cap, some investors are wondering if theres any value left in Tesla stock. Earnings: A price-to-earnings ratio (PE) is one of the most basic fundamental metrics for gauging a stocks value. The lower the PE, the higher the value. For comparison, the S&P 500s PE is currently at about 30, more than double its long-term average of 15.9. Teslas PE is currently 353. That number is about 12 times higher than the S&P 500 average as a whole. Related Link: Is Ford Stock Overvalued Or Full story available on Benzinga.com

Videogame retailer GameStop Corp. (NYSE: GME ) has emerged as the most-discussed stock on Reddits r/WallStreetBets forum as of early Friday. What Happened : GameStop is seeing the highest interest on the forum with 1,189 mentions as at press time, while exchange-traded fund SPDR S&P 500 ETF Trust (NYSE: SPY ) was a distant second with 502 mentions, data from Quiver Quantitative showed. Electric vehicle maker Tesla Inc. (NASDAQ: TSLA ) and movie theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC ) are in the third Full story available on Benzinga.com

Rivian''s blockbuster IPO last year valued the Tesla rival at $86 billion. Michael M. Santiago/Getty Images

Elon Musks fortune currently resembles a yo-yo dietbefitting the first week of January. In a matter of days, the worlds richest person has gained and lost nearly $30 billion.

Elon Musk''s "Death Trap" Underground Vegas Tunnel Hit With Traffic Jam A video has gone viral on Reddit of the Las Vegas Loop, an underground express transportation tunnel designed and built by Elon Musk''s The Boring Company to help alleviate traffic congestion on convention streets, showing everything the tunnel promised not to do: cause traffic jams. The Boring Company''s Las Vegas Convention Center (LVCC) Loop system is a 1.7-mile tunnel under the Las Vegas Strip that stretches from the convention center with three stations, the South, the West, and the Central. It allegedly slashes the above-ground 45-minute walk to a two-minute drive. Musk founded The Boring Co. in 2017 with the hopes of solving traffic problems in major cities by creating underground tunnels for Tesla vehicles. However, this is the first instance where Musk''s grand tunnel idea has hit a snag, or rather a traffic jam. The viral video titled "Lol. Elon Musk''s Boring company has traffic jams. I was told it was impossible" was posted on Reddit on Thursday morning.

Cathie Woods Ark Investment Management on Thursday booked more profit in Tesla Inc (NASDA