Tesla (TSLA) analyst predicts more price cuts to come

By Maria Merano Posted on April 3, 2023 Tesla (NASDAQ:TSLA) analyst Dan Ives from Wedbush predicted that the company has room for more price cuts in the short term. During an interview, Ives explained Tesla’s current situation and its valuation.  Dan Ives stated that Tesla had to ultimately “rip the band-aid off,” referring to the …

Tesla (TSLA) has added $200 billion in valuation since the start of 2022

By Simon Alvarez Posted on March 29, 2023 After dropping 65% in 2022, Tesla stock (NASDAQ:TSLA) saw a sharp rebound in the first quarter of 2023, with the company’s market capitalization increasing by over $200 billion. The electric vehicle (EV) maker’s shares have surged 54% in 2023 so far. Tesla’s market value rose from $389 …

Tesla stock sale at ARK continues with another 130,000 shares sold

By Joey Klender Posted on March 25, 2023 The Tesla (NASDAQ: TSLA) at ARK Invest has continued as the firm sold more than 130,000 shares on Friday, just one day after 139,000 shares were offloaded by the automaker’s biggest bull. ARK’s Daily Trading Desk updates revealed the ARKK fund eliminated 119,151 shares of Tesla stock, …