Tesla (TSLA) stock up 99% since June as short sellers race to cover

By Simon Alvarez Posted on December 16, 2019 Tesla shares (NASDAQ:TSLA) breached the $370 mark after the opening bell on Monday, allowing the company to practically double its value from its lows in June, when the electric car maker traded as low as $179 per share.  Tesla has gone up over 99% between June and …

Tesla (TSLA) shows strength amid analyst’s 1k Model Y weekly production update

By Simon Alvarez Posted on December 12, 2019 Tesla shares (NASDAQ:TSLA) are up as a longtime bull provided a quick update on the upcoming Model Y crossover, stating that the electric car maker plans to produce 1,000 units of the vehicle per week to start. This is a bit conservative considering the current weekly output …

Tesla may find Germany more accommodating than the United States, says VW CEO

By Simon Alvarez Posted on November 19, 2019 In what seems to be yet another statement of support for Tesla, Volkswagen CEO Herbert Diess has noted that the electric car maker may find Germany a more accommodating place for EV manufacturing compared to the United States. The VW CEO’s comments were related during a conversation …