We had some big Tesla news today regarding 3 different things. Elon musk will you be my Valentine? If not at least hold an Elon Musk meme review.
Tesla Inc. shares rose 3% in early trade Monday, after Canaccord upgraded the stock to buy from hold and said the electric-vehicle story is under-appreciated on Wall Street.
“We believe the last two quarters and recent guidance for [the first quarter] have removed significant concerns for both production capability and profitability of the critical Model 3,” analyst Jed wrote in a note. “As such, we see a more stable 2019 with far fewer concerns for investors in the company.”
T. Rowe Price cut its stake in Tesla in half during the fourth quarter, according to SEC.
The international money manager owned 8.98 million Tesla shares by the end of last year, according to a filing at the Securities and Exchange Commission. The new, smaller stake represents 5.2 percent of the electric auto maker's common shares outstanding at the end of December. The fund group reported in a prior filing that it owned 17.4 million shares, or a 10.2 percent stake, as of Sept. 30.
Then another analyst is talking about Rivian is going to be big Tesla competition. WOW!
*My Full Building Wealth Conference Replay link. A must get for anyone trying to build their wealth in 2019 and beyond
Learn How I pick Stocks in this course linked below. Enjoy!
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Tesla Inc. shares rose 3% in early trade Monday, after Canaccord upgraded the stock to buy from hold and said the electric-vehicle story is under-appreciated on Wall Street.
“We believe the last two quarters and recent guidance for [the first quarter] have removed significant concerns for both production capability and profitability of the critical Model 3,” analyst Jed wrote in a note. “As such, we see a more stable 2019 with far fewer concerns for investors in the company.”
T. Rowe Price cut its stake in Tesla in half during the fourth quarter, according to SEC.
The international money manager owned 8.98 million Tesla shares by the end of last year, according to a filing at the Securities and Exchange Commission. The new, smaller stake represents 5.2 percent of the electric auto maker's common shares outstanding at the end of December. The fund group reported in a prior filing that it owned 17.4 million shares, or a 10.2 percent stake, as of Sept. 30.
Then another analyst is talking about Rivian is going to be big Tesla competition. WOW!
*My Full Building Wealth Conference Replay link. A must get for anyone trying to build their wealth in 2019 and beyond
Learn How I pick Stocks in this course linked below. Enjoy!
Learn How To Make Money From Trading Stock Options Here
To join my private stock group click below.
* My Instagram is : FinancialEducationJeremy
Financial Education Channel
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