Tesla's value dips below US$500B in blow to stock bulls [BNN Bloomberg (Canada)]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.tesla.com
Company Research
Source: BNN Bloomberg
The stock tumbled as much as 4.8 per cent to below $154 at one point on Tuesday in New York, and is down some 37 per cent this year. Tesla shares are the second-biggest decliner on the S&P 500 Index in 2024, erasing about $290 billion in shareholder wealth. The company hasn't closed with a market value under $500 billion since late April of last year. “The retrenchment in employment and capacity has far-reaching implications for the hypergrowth narrative still embedded in Tesla's share price, suggesting material downside risk for the stock,” said Ryan Brinkman, an analyst at JPMorgan Chase & Co. The layoffs announced Monday, “amounting to a reduction in crewed production capacity, should now leave no doubt that the decline in deliveries has been a function of lower demand and not supply,” Brinkman said. The company's troubles started in October when it warned that demand for EVs was starting to slow, but the full extent of that weakness only became apparent this month when Tesl
Show less
Read more
Impact Snapshot
Event Time:
TSLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TSLA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TSLA alerts
High impacting Tesla, Inc. news events
Weekly update
A roundup of the hottest topics
TSLA
News
- Stock market today: Stocks edge higher to start big week, Tesla surges 15% [Yahoo! Finance Canada]Yahoo! Finance Canada
- Stock market today: S&P 500 little changed after Tesla's China gambit in big week for markets [Yahoo! Finance]Yahoo! Finance
- Tesla CEO Elon Musk makes surprise visit to China [Yahoo! Finance]Yahoo! Finance
- Foreign Entity Of Concern And Other Geographical Problems Remain For EVs [Forbes]Forbes
- Here's What's Happening in Markets: April 29 [Yahoo! Finance]Yahoo! Finance
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- TSLA's page on the SEC website