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Cathie Wood’s ARK Invest Sets Lofty Expectations for Tesla Stock, Expects it to Reach $2,600 By 2029

Investment management firm ARK Invest and their CEO Cathie Wood continue to be high on the shares of electric vehicle maker Tesla. In a recent report, ARK Invest analysts predicted a 1,350% surge for Tesla’s stock in the next five years and believe it...

S&P 500 Reaches New Height as Tesla Slips

U.S. stocks rose on Thursday, with the S&P 500 rising 0.5% to a new record close of 4,894.16, thereby continuing its growth after marking its fourth straight record close on Wednesday. The Dow Jones Industrial Average jumped by 0.6%, while the tech-heavy Nasdaq Composite...

Tesla Q3 Deliveries Miss Estimates

Electric Vehicle (EV) automaker Tesla missed market estimates for its deliveries in the third quarter. After reducing production because of planned factory shutdowns, the company delivered 435,059 vehicles in Q3, falling short of Wall Street estimates of 454,100 vehicles according to 19 analysts polled...

Tesla Shares Drop After Disappointing First-Quarter Earnings Results

Electric vehicle maker Tesla reported disappointing first-quarter earnings results on Tuesday that saw the company miss out on total gross margin estimates. This sent the company’s stock on a downward trajectory in after-hours trading and a dip of more than 4%. Tesla reported revenue of...