Tesla stock

Tesla stock has been on fire this year, doubling from the January low. Can the rally continue?

After taking a break from its big year-to-date rally, Tesla (NASDAQ:TSLA) shares have resumed their upward trajectory and there is an upcoming catalyst that ...

A refresh of the Model 3 (project Highland), and a “ramp-up” of the energy storage segment should also be announced. Rosner also highlights a few possible announcements that could have a big impact on the stock. With these potential catalysts to look forward to, Rosner has raised the price target from $220 to $250, suggesting the shares will climb 20% higher in the months ahead. Additionally, the analyst anticipates Tesla will discuss the role of in-house battery production technologies, capacity expansion, and steps to source raw materials to achieve its volume and cost targets. There could be plenty of fireworks on offer that could “help the stock keep rerating higher,” says Deutsche Bank analyst Emmanuel Rosner. On Wednesday (March 1), the EV leader will hold an investor day at the Gigafactory Texas.

The Dow Jones was rising. A trio of Warren Buffett stocks are near buy points even as Berkshire Hathaway struggles. Tesla stock popped.

[AXP](https://research.investors.com/quote.aspx?symbol=AXP)) has formed a cup-with-handle base. It has had a strong year so far, [gaining nearly 26%](https://research.investors.com/stock-quotes/nyse-palantir-technologies-pltr.htm). Tesla ( [TSLA](https://research.investors.com/quote.aspx?symbol=TSLA)) popped on a production report. [SGEN](https://research.investors.com/quote.aspx?symbol=SGEN)) fared best here as it jumped 10.4%. [JEF](https://research.investors.com/quote.aspx?symbol=JEF)) is trading in a buy zone after previously breaking out from a flat base. The RS line also hit a new high. It will be looking to regain the 50-day moving average going forward, [MarketSmith analysis shows](https://marketsmith.investors.com/). International Seaways broke out of a cup base. It is shooting for a 37.10 buy point. It is well shy of a buy point of 362.20. It ended the session up 0.2%. [BRKB](https://research.investors.com/quote.aspx?symbol=BRKB)) was nearly flat following earnings.

Tesla's shares rose 5.5% Monday, building on a rally that has sent the shares up almost 70% this year. Some traders appeared to be piling into the shares ...

Read Monday's full markets roundup here.

Tesla has formed a massive 114% short-term rally which is now giving signs of exhaustion. See why I continue to rank TSLA stock as a hold position.

All opinions and estimates reflect my best judgment on selected aspects of a potential investment in securities of the mentioned company or underlying, as of the date of publication. It’s not the time for investors to be exposed to the company until the stock isn’t able to confirm a new uptrend, which will then offer a great entry point. Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. Here, the downward movement should be considered as a corrective sequence and the recent surge could be the beginning of a new upward sequence. I then analyze the situation of that stock and calculate likely outcomes based on the mentioned theories. Although, the bottoming process can extend over a significant amount of time, and even after an initial rally, long-term investors underwater tend to sell the stock as soon as it recovers to their break-even price or any price that psychologically seems a justified trade-off, while longing for relief of their massive loss. My analysis suggested a fair valuation of TSLA at $164, with the most optimistic scenario valuing the stock at $207 and the worst case at $95, and I rated the stock as a hold position. I don’t consider this last extreme scenario as particularly likely, but the probability of seeing lower lows when considering the downward movement and the stocks’ inverting MACD, as well as the dropping relative strength in the daily chart, has to be acknowledged. The stock is still tracing the downtrend channel and the whole negative movement could form a new downward impulse sequence, which would be in its wave 4 formation right now. On its daily chart, TSLA has been testing its EMA200 during the past few weeks, while now hovering under it in search of support at the EMA8 and the EMA144. The coming weeks will be of utmost importance, as the benchmark is now at risk of falling back under its EMA144 which could lead to a re-test of the EMA200. [TSLA](https://seekingalpha.com/symbol/TSLA)) is facing an important technical situation that could lead to forming a new uptrend or instead seeing the stock retracing dangerously into new lows.

Tesla Inc (NASDAQ: TSLA) shares are trading higher by 5.26% to $207.23 after the company said its Berlin Gigafactory built 4000 Model Y units in a week.

[Read More](https://www.benzinga.com/analyst-ratings/analyst-color/23/02/31064378/teslas-rumored-model-2-sedan-could-catapult-ev-makers-revenue-to-400b-by-2030-analy) Ahead of the company’s March 1 Investor Day, New Street Research analyst Pierre Ferragu shared his thoughts on a budget model... [Why Axsome Therapeutics (AXSM) Shares Are Trading Higher](https://www.benzinga.com/news/23/02/31071541/why-axsome-therapeutics-axsm-shares-are-trading-higher) [investor day](https://www.benzinga.com/analyst-ratings/analyst-color/23/02/31064378/teslas-rumored-model-2-sedan-could-catapult-ev-makers-revenue-to-400b-by-2030-analy) taking place Wednesday. [Read More](https://www.benzinga.com/news/23/02/31063703/tesla-doubles-model-y-output-to-4-000-at-giga-berlin-in-less-than-6-months) [tweeted the update](https://twitter.com/tesla_europe/status/1630061495504584705?s=20) on Sunday.

Musk's Twitter act has negatively affected Tesla. It's no secret that Tesla (NASDAQ:TSLA) CEO Elon Musk's controversial acquisition of Twitter has caused ...

Elon Musk's net wealth currently stands at around $187 billion, according to the Bloomberg Billionaires Index.

(ticker: TSLA) stock is up around 69% this year. ](https://www.barrons.com/market-data/stocks/tsla) The surge in

With Tesla shares up around 70% so far this year, Elon Musk is back on top as the world's richest person, according to the Bloomberg Billionaires Index.

Musk had lost the unofficial title to European mogul Bernard Arnault late last year after a prolonged slump in Tesla's stock.\n\nTesla's shares closed up nearly 6% Monday, and Bloomberg estimated Mr. With Tesla shares up around 70% so far this year, Elon Musk is back on top as the world's richest person, according to the Bloomberg Billionaires Index.\n\nMr.

Tesla stock surge leads Musk to top the global wealth list again.

The EV maker is expected to introduce [TSLA, +3.61%](/investing/stock/TSLA?mod=MW_story_quote)shares have soared almost 70% in the year to date, though the electric-vehicle manufacturer’s stock is still 23% down in the last 12 months. [Bloomberg Billionaires Index](https://www.bloomberg.com/billionaires/?sref=Oeyjq8by).

Elon Musk's net wealth currently stands at around $187 billion, according to the Bloomberg Billionaires Index.

(ticker: TSLA) stock is up around 69% this year. The surge in Tesla stock has led to Musk regaining the crown he lost last year but he’s still nursing a huge loss on paper. Elon Musk has moved back to the top of the rankings of the world’s richest people.

Shares of electric vehicle giant Tesla Inc. (NASDAQ: TSLA) could tack on more gains Tuesday on top of Monday's 5.5% rally. In premarket trading, the stock ...

Key Levels To Watch For: Tesla is now enveloped between its 200-day simple moving average of $171.81 and the 50-day moving average of $235.49. What Happened: After bottoming at $104.64 at the start of the year amid fourth-quarter deliveries miss, Tesla’s shares were bouncing along nicely and peaked at $217.65 on Feb. [Tesla Takes The Crown, Ends Ford's 12-Year Reign In Brand Loyalty For Vehicle Make](https://www.benzinga.com/news/23/02/31083610/tesla-takes-the-crown-ends-fords-12-year-reign-in-brand-loyalty-for-vehicle-make) Shares of electric vehicle giant Tesla Inc. [ third-generation platform, widely dubbed as the Model 2 platform.](https://www.benzinga.com/analyst-ratings/analyst-color/23/02/31064378/teslas-rumored-model-2-sedan-could-catapult-ev-makers-revenue-to-400b-by-2030-analy) [In premarket trading, ](https://www.benzinga.com/premarket/)the stock added 1.78% to $211.33, according to Benzinga Pro data.

Last year's stock market zeroes are so far turning out to be this year's Wall Street heroes.

[(RCL)](https://money.cnn.com/quote/quote.html?symb=RCL&source=story_quote_link), Norwegian [(NCLH)](https://money.cnn.com/quote/quote.html?symb=NCLH&source=story_quote_link) and Carnival [(CCL)](https://money.cnn.com/quote/quote.html?symb=CCL&source=story_quote_link) are near the top of the S&P 500 winners list this year. and the more value-oriented oil stocks that tend to rise along with crude prices. But that no longer seems to be in the cards. That all favors value over growth,” the BlackRock analysts said. “There are worries that the Fed is going to create a recession,” said Paul Nolte, a senior wealth adviser and market strategist with Murphy & Sylvest. Discovery](https://money.cnn.com/quote/quote.html?symb=WBD) is the second-biggest winner in the S&P 500 thus far this year. “We think value can regain the lead. CBS parent company [Paramount](https://money.cnn.com/quote/quote.html?symb=PARA) has shot up more than 30% as well. After all, inflation remains the number-one concern for the Federal Reserve. Some fear this ferocious rebound in consumer and tech stocks may be happening too quickly. Elon Musk’s electric car giant is up nearly 70% in the first two months of this year, following a more than 65% plunge in 2022. The stock has surged 68% after falling 60% in 2022.

Musk's recovery of the top spot from the French luxury goods magnate Bernard Arnault follows a precipitous drop in his wealth in late 2022, when he became the ...

[Shareholders filed another lawsuit](https://www.theguardian.com/technology/2023/feb/27/elon-musk-tesla-lawsuit-autopilot) on Monday against Musk alleging that Tesla’s repeated exaggeration of its self-driving capabilities amounted to fraud. Musk also keeps courting controversy through his erratic and provocative behavior online. [threw his support behind Scott Adams](https://www.theguardian.com/technology/2023/feb/27/elon-musk-backs-dilbert-cartoonist-scott-adams-racist-controversy), the Dilbert cartoonist whose racist rant in a recent YouTube appearance has led to the cancellation of his comic strip in US newspapers. [new factory](https://apnews.com/article/tesla-mexico-musk-lopez-obrador-07e5223eecd63b7af8330879ff1312b3) in the city of Monterrey. [two-thirds](https://www.theguardian.com/technology/2023/jan/03/tesla-shares-price-value-decline-elon-musk) of its value in 2022, amid investor concerns over weakening demand, Musk’s distracting purchase of Twitter and the [tumultuous start](https://www.theguardian.com/technology/2023/jan/01/revenue-tesla-elon-musks-twitter-staff-investors) to his tenure atop the social media platform. [fired an additional 200 employees](https://www.theguardian.com/technology/2023/feb/27/elon-musk-fires-additional-200-people-at-twitter-report-says) over the weekend after already slashing the workforce from 7,500 to about 2,000 since October, the share price of Tesla has risen nearly 90% since the start of 2023.

There are investor days and then there is Tesla's (NASDAQ:TSLA) Investor Day. This highly-anticipated event will take place on Wednesday (March 1) at its ...

[NASDAQ:TSLA](https://www.tipranks.com/stocks/tsla/forecast)) Investor Day. Most on the Street remain on Tesla’s side; based on 22 Buys vs. [Tesla stock forecast](https://www.tipranks.com/stocks/tsla/forecast)) Additionally, investors will be keen to learn more on the FSD roadmap, robotaxis, and Tesla’s long-term aim to manufacture 20 million cars by 2030. “With EV tax credits abound and competition coming from all angles lower price points are a major focus for the Street looking ahead with the Tesla story.” More specifically, Ives expects a host of updates for the product roadmap.

Shares of Tesla moved lower Tuesday ahead of an investor day set for tomorrow—though the stock still turned in its best January-February performance on ...

Those rising shares helped CEO Elon Musk retake the title of world's richest man, according to the Bloomberg Billionaires Index.\n\nThe electric car maker will build a plant in Mexico, that country's president said Tuesday.\n\nMore recent Tesla coverage from The Journal:\n\nElon Musk Picks California for Tesla’s Global Engineering Headquarters (Feb. 17)\nWhat if Tesla Is…Just a Car Company? Shares of Tesla moved lower Tuesday ahead of an investor day set for tomorrow—though the stock still turned in its best January-February performance on record, according to Dow Jones Market Data.\n\nTesla's shares are up about 68% this year.