Tesla Stock News

Markets were down for the second day in a row ahead of a big Fed decision.

In the latest in a series of tweets praising Dogecoin, Elon Musk stated Tesla Inc. will accept payment in Dogecoin for some products, causing the meme coin to increase by 20%. At the time of writing the article, Dogecoin was trading at $0.21 with a market cap of $25.835 billion and an all-time high of $0.73. []

Goldman Rings The Alarm On Collapsing Market Breadth: 51% Of All Market Gains Since April Are From Just 5 Stocks A few days ago, with the Nasdaq at all time highs, we showed a striking chart: barely 40% of the Nasdaq''s 3,000+ stocks were trading above their 200 day moving average. While not nearly as dramatic, a chart comparing the broader S&P and the median stock (via the Value Line Geometric) showed a similar theme: barely a handful of stocks were propelling the entire market higher, and it''s also why two weeks ago we summarized the current state of affairs "They better not start selling the generals" They better not start selling the generals pic.twitter.com/3RHZsrn4QI zerohedge (@zerohedge) December 1, 2021 A few days later none other than Goldman''s chief market economist David Kostin, admitted that while most S&P 500 stocks participated in the rally between November 2020 and April 2021, "market breadth has narrowed substantially in recent months." As shown in the chart below, after Goldman''s Breadth Index hit its maximum level of 100 in April 2021, it has since fallen to the current near-record low level of 16.

Elon Musk tweets after being named Time ''Person of the Year.''

Elon Musk, aka Time Magazine Person of the Year, has posted another tweet about his favourite crypto Dogecoin (DOGE). And Read More The post Crypto roundup: DOGE back in top 10 after Tesla merch news; NYDIG raises US$1 BILLION in funding round appeared first on Stockhead .

Dogecoin soared 24% after Elon Musk announced Tesla Inc (NASDAQ:TSLA) will accept the cryptocurrency as payment for merchandise. The TIME magazine “person of the year” also revealed the transactions would initially take place as tests. Q3 2021 hedge fund letters, conferences and more Tesla Endorsement According to Reuters, CEO Elon Musk took to Twitter and […]

The S&P 500 and the Nasdaq fell on Tuesday after data showed producer prices increased more than expected in November and ahead of a potential decision on faster tapering from the US Federal Reserve this week. The fast-spreading Omicron coronavirus variant also tamped down the mood after the S&P 500 index hit an all-time closing high late last week. Declines were led by megacap technology and communications stocks, with Meta Platforms, Microsoft Corp, Tesla Inc, Alphabet Inc and Amazon.com Inc falling between 0.8% and 3%. "People are trying to create an environment to slow the spread or the severity (of Omicron), but also people who are well and want to participate in the economy. So there''s a push and a pull at play here," said Tom Martin, senior portfolio manager at Globalt. "Investors want to be positioned neutrally till the end of the year. They don''t want to do a lot of trading between now and then as long as there''s nothing jarring happening." Apple Inc rose 0.7%, bucking the trend among its heavyweight peers, as it stayed on track to become the world''s first $3 trillion company in market value.

Tesla Drops, Cryptos Pop After Musk Sells More Stock, Tweets Tesla Will Take Doge For Merch Sales Shares of Tesla are plunging in the pre-market session after it was revealed last night that CEO Elon Musk has continued to sell stock. Musk has sold another $906.5 million in shares, according to Bloomberg. TSLA is now down more than 21% since Musk took his infamous Twitter poll over whether or not he should offload a 10% stake in the company. Musk kicked off the selling after the poll by offloading more than $10 billion in stock in less than a month. Four days ago, on the same day he "joked" about quitting his jobs, Musk also casually unloaded another $963 million in Tesla stock. Recall, last week, Musk also Tweeted that he was "thinking of quitting" his jobs to "become a full time influencer". Also, we noted two weeks ago that Musk had dumped $10 billion in stock in the span of about a month. "Musk has been claiming that the purpose of recent stock sales has been to offset tax liabilities, but Musk''s sales have shown no signs of stopping just yet," we wrote.

Tesla Inc chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin for merchandise on a test basis. Tesla will make some merch buyable with Doge & see how it goes, Musk said in a tweet. Tesla will make some merch buyable with Doge & see how it goes Elon Musk (@elonmusk) [] The post After Declaring Dogecoin Better Payment Method Than Bitcoin, Elon Musk Musk Said Tesla Will Accept Dogecoin For Merchandise appeared first on The Crypto Basic .

Elon Musk teases Tesla DOGE merchandise plan after he tweeted that his company could make some merch available to buy with DOGE to see how it goes. After the tweet, DOGE surged in value by 33% as we can see more today in our latest Dogecoin news. Dogecoin increased 33% after Elon Musk teases Tesla []

Tesla CEO Elon Musk has said the electric car maker will begin accepting payments in dogecoin.

Time has chosen Tesla CEO Elon Musk as "Person of the Year" thanks to his contribution to the development of state-of-the-art technologies.