{"id":219977,"date":"2021-04-05T15:33:46","date_gmt":"2021-04-05T12:33:46","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/tesla-stock-surges-after-automaker-posts-record-deliveries\/"},"modified":"2021-04-05T15:33:46","modified_gmt":"2021-04-05T12:33:46","slug":"tesla-stock-surges-after-automaker-posts-record-deliveries","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/tesla-stock-surges-after-automaker-posts-record-deliveries\/","title":{"rendered":"#Tesla stock surges after automaker posts record deliveries"},"content":{"rendered":"

“#Tesla stock surges after automaker posts record deliveries<\/strong>”<\/p>\n

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Tesla\u2019s stock price surged to its highest level in weeks early Monday as investors cheered the electric-car maker\u2019s record quarterly sales.<\/p>\n

Shares in the Elon Musk-led company bounced 7.2 percent to $709.75 in premarket trading as of 8:03 a.m. after it released expectation-beating first-quarter delivery numbers while the market was closed on Friday.<\/p>\n

The Silicon Valley automaker said it delivered 184,800 cars from January through March \u2014 more than double the number from the same quarter last year and well ahead of Wall Street\u2019s estimates for 168,000.<\/p>\n

The strong figure helped put Tesla shares on pace to reach their highest level in roughly three weeks on Monday. The stock \u2014 whose value has surged more than sevenfold over the past year \u2014 last traded above $700 on March 17.<\/p>\n

\"The
The exterior of the Tesla Assembly Plant in Tilburg, Netherlands seen on March 29, 2021.<\/figcaption>
Dean Mouhtaropoulos\/Getty Images<\/span><\/figcaption><\/figure>\n

Monday\u2019s movement is likely to boost the fortune of Musk, the Tesla \u201cTechnoking\u201d who was worth $171 billion as of Sunday\u00a0\u2014 making him the world\u2019s second-richest person behind Amazon boss Jeff Bezos, according to Bloomberg\u2019s Billionaires Index.<\/a><\/p>\n

The deliveries beat prompted at least three Wall Street brokerages to raise their price targets<\/a> for Tesla shares \u2014 including Wedbush Securities, where bullish analyst Daniel Ives predicts the company will deliver more than 850,000 cars this year despite a global chip shortage that\u2019s affected production across the auto industry.<\/p>\n

\"Tesla's
Tesla\u2019s stocks have surged to the highest level in weeks.<\/figcaption>
REUTERS\/Lucas Jackson\/File Photo<\/span><\/figcaption><\/figure>\n

\u201cIn our opinion the 1Q delivery numbers released on Friday was a paradigm changer and shows that the pent-up demand globally for Tesla\u2019s Model 3\/Y is hitting its next stage of growth as part of a global green tidal wave underway,\u201d Ives wrote in a Sunday research note.<\/p>\n

\"A
A Tesla vehicle is on display at a showroom in the Aventura Mall on March 19, 2021 in Miami, Florida.<\/figcaption>
Joe Raedle\/Getty Images<\/span><\/figcaption><\/figure>\n

Ives was referring to Tesla\u2019s Model 3 sedan and Model Y SUV, which accounted for nearly all of the company\u2019s first-quarter deliveries. Tesla delivered just 2,020 of its expensive Model S and Model X vehicles, while production for those models dropped to zero as it ramped up manufacturing of the latest editions.<\/p>\n

With Post wires<\/em>\n <\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Tesla stock surges after automaker posts record deliveries” Tesla\u2019s stock price surged to its highest level in weeks early Monday as investors cheered the electric-car maker\u2019s record quarterly sales. Shares in the Elon Musk-led company bounced 7.2 percent to $709.75 in premarket trading as of 8:03 a.m. after it released expectation-beating first-quarter delivery numbers while…<\/p>\n","protected":false},"author":1,"featured_media":219978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/04\/tesla-stock-03.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[100812,70462,39394,70359,36402],"class_list":["post-219977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-4-5-21","tag-electric-cars","tag-elon-musk","tag-stocks","tag-tesla"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/219977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=219977"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/219977\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/219978"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=219977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=219977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=219977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}