Why Did Tesla Stock Go up 7.33% on Monday? It's Not China

Seekingalpha2023-08-22

Tesla (NASDAQ:TSLA) finally broke its month-long malaise to close up more than 7% on Monday afternoon.Shares have dropped more than 11% over the past month since the automaker reported quarterly ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

shams_Trader
2023-08-22
shams_Trader
And the article doesnt state why its increased as well, no quantitative analysis. Rubbish
Wenmoon
2023-08-22
Wenmoon
Rubbish stock market. Lower deliveries and stock goes up 7%.

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2361450111?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-08-22 08:34","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2361450111","market":"us","top_or_hot":-1,"title":"Why Did Tesla Stock Go up 7.33% on Monday? It's Not China","media":"Seekingalpha","content":"<div>\n<p>Tesla (NASDAQ:TSLA) finally broke its month-long malaise to close up more than 7% on Monday afternoon.Shares have dropped more than 11% over the past month since the automaker reported quarterly ...</p>\n\n<a href=\"https://seekingalpha.com/news/4004948-why-did-tesla-stock-go-up-today-its-not-china\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Did Tesla Stock Go up 7.33% on Monday? It's Not China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Did Tesla Stock Go up 7.33% on Monday? It's Not China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-22 08:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4004948-why-did-tesla-stock-go-up-today-its-not-china><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (NASDAQ:TSLA) finally broke its month-long malaise to close up more than 7% on Monday afternoon.Shares have dropped more than 11% over the past month since the automaker reported quarterly ...</p>\n\n<a href=\"https://seekingalpha.com/news/4004948-why-did-tesla-stock-go-up-today-its-not-china\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://seekingalpha.com/news/4004948-why-did-tesla-stock-go-up-today-its-not-china","article_id":"2361450111","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2361450111","pubTimestamp":1692664475,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Tesla (NASDAQ:TSLA) finally broke its month-long malaise to close up more than 7% on Monday afternoon.Shares have dropped more than 11% over the past month since the automaker reported quarterly earni","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"为什么特斯拉股票周一上涨了7.33%？这不是中国","themeId":"3f0205d455d44b1daf1b878ad762039f","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1.1},"content_text":"Tesla (NASDAQ:TSLA) finally broke its month-long malaise to close up more than 7% on Monday afternoon.Shares have dropped more than 11% over the past month since the automaker reported quarterly earnings and head honcho Elon Musk said he’d be willing to keep dropping prices if necessary to stay competitive.Earlier this month, data from the China Passenger Car Association indicated the electric vehicle maker sold 64,285 China-made electric vehicles during the month of July, down 31% from June and the lowest for 2023.By comparison, BYD Company Limited (OTCPK:BYDDF) reported a 61% year-on-year rise in July sales to 261,105 passenger vehicles, including 18,169 that were exported. During the month of July, Nio (NIO) reported deliveries of 20,462 (+91% month-over-month), Li Auto (LI) reported deliveries of 34,134 (+5% M/M), and XPeng (XPEV) reported deliveries of 11,008 (+28% M/M).Meanwhile, BofA noted that China deliveries that dropped 31% in July from June “potentially indicates that the price cuts TSLA implemented in late 2022 may have pulled forward demand rather than driving incremental volumes.”China doesn’t appear to be improving, either with the central bank cutting a key interest rate for the second time in three months this week.Price cuts, marginsMeanwhile, Baird said price cuts and their impact on margins will drive the narrative for the electric-vehicle maker in the second half.“Potential upcoming catalysts for the stock include Cybertruck launch, a wider-scale adoption of [Full Self Driving, Tesla’s suite of advanced driver assistance systems to navigate city streets], continued growth in the energy business, expanding into new markets, and a possible AI Day, among others,” the analyst wrote in a note to clients about Tesla and other companies.This month, TSLA also lost its long-time chief financial officer with the exit of Zachary Kirkhorn after 13 years.Shares are up 114% year-to-date.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":211537821974592,"gmtCreate":1692676042455,"gmtModify":1692677241437,"author":{"id":"3580257082212440","authorId":"3580257082212440","name":"shams_Trader","avatar":"https://community-static.tradeup.com/news/360465fe8cac8dd587177ad9080b3356","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580257082212440","authorIdStr":"3580257082212440"},"htmlText":"And the article doesnt state why its increased as well, no quantitative analysis. Rubbish","listText":"And the article doesnt state why its increased as well, no quantitative analysis. Rubbish","text":"And the article doesnt state why its increased as well, no quantitative analysis. Rubbish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/211537821974592","repostId":2361450111,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":211493654016120,"gmtCreate":1692665229658,"gmtModify":1692669479157,"author":{"id":"3578364353465552","authorId":"3578364353465552","name":"Wenmoon","avatar":"https://static.tigerbbs.com/87193852227f627283aca71a7f26fa16","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"idStr":"3578364353465552","authorIdStr":"3578364353465552"},"htmlText":"Rubbish stock market. Lower deliveries and stock goes up 7%.","listText":"Rubbish stock market. Lower deliveries and stock goes up 7%.","text":"Rubbish stock market. Lower deliveries and stock goes up 7%.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/211493654016120","repostId":2361450111,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":21,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2361450111"}