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Stock impact report

Tesla Shares Rally Nearly 60% Over Seven Straight Sessions [Yahoo! Finance News]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
) -- Tesla Inc. shares are poised to mark the biggest seven-day gain since 2013, after Credit Suisse upgraded the electric-car company on Tuesday, saying the coronavirus crisis has handed it an edge over legacy automakers.Shares of the Model 3 maker rose as much as 14% in New York on Tuesday, putting them on track for a nearly 60% climb in the course of its longest win streak since mid October.“With the focus almost exclusively on the ‘near’ for the auto industry, and combined with reduced liquidity/increased net debt levels, it raises question on how legacy players can maintain ample commitment to the ‘far’ specifically, electrification),” Credit Suisse analyst Dan Levy wrote in a report. Tesla, on the other hand, “is solely focused on electrification and doesn’t have the dilemma of balancing a transition from ICE internal combustion engine) to EV.” Levy bumped his rating up to the equivalent of a hold.-related market gyrations led Tesla shares to drop as much as a 61% from a record Show less Read more
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