Tesla shares rallied as much as 7% in pre-market trading on Wednesday.
Apple, Amazon, and other tech stocks were also in the green, after the Nasdaq tumbled a record 10% in three trading days. Elon Musk's electric-car company saw its stock price plunge 21% on Tuesday, erasing $82 billion from its market value. Tesla completed a $5 billion share sale and a five-for-one stock split last week, but it wasn't added to the S&P 500 as widely expected, and a key shareholder cut its stake.Tesla stock jumped as much as 7% in pre-market trading on Wednesday, laying the groundwork for a recovery.on Tuesday, their biggest one-day decline ever. The plunge wiped about $82 billion off Tesla's market capitalization.
Apple, Amazon, Microsoft, Facebook, and Alphabet all rose more than 1% in pre-market trading, pointing to a broader rally for the Nasdaq after the tech-heavy index plunged a record 10% in three trading days.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Tesla stock price target is $2500!
Give it some time; to assume that Tesla is somehow permanently, if magically immune from the ravages of wretched economic fundamentals or presently suicidal monetary policy (never mind sales) goes well beyond ridiculous into the lately fashionable realms of collective denial.
Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested.
Still so over valued
Elon is quaking in his boots. Begging other nations to ramp up lithium mining, asking for GM to sign on, pushing for space exploration to try & mine asteroids, & now the stock slides back.
Tesla is Enron on steroids. One of the biggest scams we're about to see.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the secret club that helps determine which healthcare startups blow up - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. bielinko
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market live updates: Tech wreck continues, Tesla plunges, Apple falls 4%This is CNBC's markets live blog that will be updated throughout the day. The dumb money was suckered in, now it's having the rug pulled out from underneath them by the smart money. Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested. MAGA?
Source: CNBC - 🏆 12. / 72 Read more »
5 things to know before the stock market opens TuesdayTech stocks continued their rout in the premarket, with Nasdaq futures tracking for about a 3% decline at Tuesday's open. Retail dumb$ + 401ks trading other people’s$ got in at the top in July/Aug. = QuickTest of March lows in this W recovery? 🌷 Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested. Russia already has a vaccine and it’s in stage 3 trials. China has one too. FuckAmerica
Source: CNBC - 🏆 12. / 72 Read more »
What to watch today: Nasdaq futures plunge as tech stocks continue to sinkTech stocks continued their rout, with Nasdaq futures tracking for an over 3% decline at Tuesday's open.
Source: CNBC - 🏆 12. / 72 Read more »
Tesla stock tanks after the automaker's surprise exclusion from the S&P 500 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Every now and then either owner or comapany, do something which hit the market below the belt, making wipe off huge monies I’m not sure it was a surprise.... Sketchy accounting, fake profits, 1000x earnings, blatant bubble stock with a CEO that’s already been fined once for stock price manipulation..... He and his company are overrated. He had burned up Billions of his own and investors cash.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tech stocks are 'not in a bubble,' how investors should position: UBS - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »