Tesla stocks hit 200 per share because of today's amazing Tesla news we'll be breaking down absolutely everything you need to know in today's video so stay tuned welcome to trade daily where we break down all the best stock market news like And subscribe to keep up to date with the stock market and I really hope you enjoy this video [Music] Elon Musk acknowledge he is his hands full of Twitter and that admission might just be what Tesla investors wanted to hear a cooler than expected producer price


index report is sending stocks higher today but that's probably not the only reason Tesla stock crossed the 200 per share threshold this morning Tesla shares were trading near the highs of the morning up 4.7 percent after hitting a nearly two-year low earlier this week Tesla has bounced from about 177 dollars to back above 200 per share today the recent decline came as CEO Elon Musk has been busy focusing on running Twitter as a private company it seems investors were correct in thinking musk's new role at Twitter could be


affecting his other work yesterday musk addressed a business conference taking place along with the G20 Summit in Indonesia stating I have too much work on my plate that is for sure but that admission may have investors thinking musk will not let his workload affect Tesla's business and an upcoming investor event marking the official launch of the Tesla semi truck is further Evidence Tesla's remarkable growth continues unabated Martin vichette Tesla's head of investor relations confirmed the company would be


holding a shareholder event on Deck 1 when the first Tesla semi-electric truck is scheduled for delivery according to EV Industries site Electric musk previously announced the first test list semi would be delivered to PepsiCo on the first day of December but investors might be putting money back into the stock today after its recent decline partly due to the upcoming event by marking the occasion with a dedicated Affair it's also possible that the widely followed company will provide a surprise announcement that's certainly


no reason to buy a stock but the fact that Tesla's business continues to grow could be one reason for today's bounce but we're not completely out of the water as top analysts from Morgan Stanley believe musk's Critter disaster could wipe another quarter off Tesla's stock by year end warns Morgan Stanley Elon musk's quest to acquire Twitter has already cost Tesla's shareholders a fortune this year but the pain won't stop there his chaotic Reign Over the social media platform has soured


investor demand for Tesla stock so thoroughly that Morgan Stanley fears it could wipe another quarter off its value in the coming weeks in a research note published by the Investment Bank on Monday veteran Auto industry analyst Adam jomas warned musk's management style could deter consumers from buying his cars and predicted price cuts for its key domestic Market Tesla's Shares are currently in the throes of bearish sentiment momentum wrote the longtime Tesla Bowl predicting Tesla contest is


one and 50 bare case price Target before the year is out musk has dumped billions of dollars worth of Tesla stock on an unsuspecting Market in an attempt to finance the deal most recently at the start of this month in a sign that investors may be losing patience the stock sold off last Wednesday closing down 7.2 percent bulls have been hoping the company would confirm this week the dramatic underperformance was mainly the result of musk's selling more shares but they were disappointed having spoken to a number of investors


Jonas believes confidence in musk's leadership at Tesla has been tested owing to the non-stop drama at Twitter with both consumers and business partners potentially turning their backs on the EV industry leader amid the controversy we would prepare for Price Cuts in China to follow in Europe as Giga Berlin begins to surpass production of 5 000 units per week he continued and we would expect U.S price cuts to be initiated sometime in the first half of 2023. Tesla has been rapidly expanding its


production footprint over the course of this year opening two new plants in Texas and Germany in addition to installing fresh new capacity at its largest Factory Giga Shanghai these expansions have helped reduce long lead times for delivery but now there is the risk that Tesla suffers from excess capacity U.S customers ordering a custom-built Tesla Model 3 sedan or model y performance crossover today will get theirs delivered before December is out according to the car Maker's design studio with the time it takes to


incorporate orders into its production plans and subsequent delivery time this suggests Tesla's order book cushion in the U.S may be nearly exhausted if Tesla was starting to see demand slight enough that new buildings fell short of outgoing deliveries it could choose to cut prices just as it has done in China last month this would mean it may have to sacrifice its industry-leading Automotive gross margins of near 30 percent that's because a major reason for its high profitability is its efficiency


roughly 90 percent of Tesla's Auto Sales come from one architecture shared by both the model 3 and it's closely related why sibling that boasts many of the same parts this makes Tesla unique no major car maker apart from Tesla is so thoroughly dependent on two nearly identical models most seek to plaster the market with offerings in all core segments and body styles this results in higher complexity and lower returns over the years Evie maker Tesla has evolved into a dynamic technology innovator it has transformed the EV


space much the same way as Amazon changed the Retail Landscape and Netflix revolutionized entertainment Tesla is the market leader in battery-powered electric car sales in the United States with roughly 70 market share the company's Flagship model 3 is the best-selling EV model in the United States Tesla which has managed to Garner the reputation of a gold standard over the years is now a far bigger entity than what it started off with its IPO in 2010 with its market cap Crossing one trillion dollars for the first time in


October 2021. the EV Kings market capitalization is more than the combined value of Legacy automakers including Toyota Volkswagen Daimler General Motors and Ford Isla is exact rank hash 3 holds stock with a growth style score of an in vgm score of earnings are expected to grow 79.2 percent year over year for the current fiscal year with sales grow of the 54.2 percent eight analysts revise their earnings estimate upwards in the last 60 days for fiscal 2022. the Zach's consensus estimate has increased by 0.06 dollars


to 4.05 dollars per share Tesla boasts an average earnings surprise of 26.4 percent on a historic basis Tesla has generated cash flow growth of 95.7 percent and is expected to report a cash flow expansion of 177 percent this year Tesla should be on investors shortlist because of its impressive growth fundamentals and good Zach's Rank and strong growth and vgm style score Morgan Stanley's Jonas maintained his outperformed rating on the stock has had a difficult past few weeks already twice


he was forced to cut his base case price Target last month first from 383 dollars down to 350 and then once more to its present 330 dollars nevertheless he recommended Tesla Bulls use any weakness to add to their position any resulting weakness in Tesla shares could create an opportunity for investors he wrote shares in Tesla were trading up 4.7 to 200 on Tuesday as the market rallied on lower than expected Factory gate inflation figures for more reasons why Tesla stock is set to climb Wii a debt and video just on


that right here thank you and with that we've come to the end of the video I'd like to give a huge shout out to anyone who's made it this far I hope you enjoyed the video I'd also like to make it clear that this is a news and entertainment video not investment advice you should always do your own research and speak to a financial advisor before making any Investments thank you all so much for your support don't forget to like And subscribe for the chance to win up to twenty thousand


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