Tesla reported fourth-quarter profit that beat Wall Street estimates, setting a record for the electric-car maker, but the shares fell after the company said supply-chain troubles will limit production into 2022.6 days ago
Does Tesla go up or down after earnings?
Estimates for 2022 EPS have risen to about $10 from about $8.67 over the same span. Earnings estimates for the coming year are up about 16% over the past 10 weeks or so. Tesla stock, however, is down about 7% over the same span.
Why did Tesla drop this week?
Monday saw Tesla shares drop nearly 5%, in step with technology losses and the bigger market amid worries about monetary policy and the omicron variant of COVID 19. The S&P 500 SPX, +2.43% and Dow Jones Industrial Average DJIA, +1.65% posted their biggest one-day drops in nearly 2 weeks.
Is Tesla stock predicted to go up?
Stock Price Forecast The 37 analysts offering 12-month price forecasts for Tesla Inc have a median target of 1,049.00, with a high estimate of 1,580.00 and a low estimate of 67.00. The median estimate represents a +11.96% increase from the last price of 936.98.
Is Tesla a good stock for 2022?
Tesla sales will comfortably grow above 50% in 2022 compared with last year despite supply chain problems, CEO Elon Musk said, thanks to their new factories starting up and current plants boosting output.4 days ago