Tesla Model 3 Margins Will Double, Says Bull With $4,000 Stock Target

elon musk, tesla stock, model 3 margin

By CCN.com: The Tesla Model 3 accounted for 81% of Tesla’s overall vehicle sales during Q2. So it is not difficult to understand why the Elon Musk-led company’s gross margin fell 168 basis points annually during the second quarter as the production of Model 3 units increased. But asset management firm ARK Investment forecasts that Tesla’s … Read more

Tesla Perma-Bull Digs in Heels on Stock Price Prediction of at Least $560

By CCN.com: Tesla’s stock is getting clobbered daily now that Wall Street has lost confidence in the ability of Elon Musk’s company to increase sales. But there’s one bull that’s swimming against the current, claiming that the market has got Tesla all wrong. Ark Invest’s Bold Tesla Stock Predictions Tesla bull Ark Invest reportedly holds … Read more

Tesla’s Share Price Hikes as the Electric Vehicle Market and Automotive Stocks Rise

Tesla stock is seeing near 4% gains so far on the New York Stock Exchange (NYSE) as the US stock markets recover from two days in the red. Automotive companies are feeling the pinch of economic tightening and lowering demand for conventional, fuel-hungry, vehicles. The big car makers are ramping up their electric car developments, … Read more