Record Sales Prove Nothing Can Keep TSLA Stock Down

InvestorPlace2022-04-05

Tesla(NASDAQ:TSLA) has once again silenced skeptics. This weekend, the electric vehicle(EV) innovator had investors breathing a sigh of relief. Specifically, TSLA stock is up this morning after ...

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Comment（98）

CL777
·2022-04-06
Back to $900
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2
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Santharan
·2022-04-05
Good
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1
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Ellery111
·2022-04-05
Ok
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1
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PC21
·2022-04-05
Amazing
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1
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Huat Huat Ah
·2022-04-05
Huat huat all
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2
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Alvin1975
·2022-04-05
Up
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1
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LixNg
·2022-04-05
👍🏻
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2
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HENRYCSC
·2022-04-05
💪
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2
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OJC
·2022-04-05
🚀🚀
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2
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Popo123
·2022-04-05
Missed out on buying more when they were at 700+
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3
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JcJc
·2022-04-05
🚀🚀🚀
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1
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dragon 4
·2022-04-05
Nice
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3
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Jeremysee
·2022-04-05
Moon when?
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4
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Issac81
·2022-04-05
To the moon!
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7
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All in Tesla
·2022-04-05
Tesla will go even higher from here and it looks bto break ATH soon 🚀🚀🚀
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7
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ken2020
·2022-04-05
[Miser]
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5
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ming22
·2022-04-05
Wow, print money [Miser] [Miser] [Miser]
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5
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TCF
·2022-04-05
💪💪
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4
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Oldie
·2022-04-05
Great
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4
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L30N8rD
·2022-04-05
Tesla to the moon [Cool]
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5
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This weekend, the electric vehicle(EV) innovator had investors breathing a sigh of relief. Specifically, TSLA stock is up this morning after ...</p>\n\n<a href=\"https://investorplace.com/2022/04/record-sales-prove-nothing-can-keep-tsla-stock-down/\">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://investorplace.com/2022/04/record-sales-prove-nothing-can-keep-tsla-stock-down/","article_id":"1129737404","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129737404","pubTimestamp":1649118759,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Tesla(NASDAQ:TSLA) has once again silenced skeptics. 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That’s a gain of roughly 70%.This news sent TSLA stock skyrocketing this morning. As of this writing, shares are up 5% for the day, showing no signs of falling off. After some turbulence late last week, shares look poised to start making up lost ground.What’s Happening with TSLA Stock?Many critics have questioned the stability of EV stocks this year. Global demand for EVs has been increasing rapidly, sure, but supply-chain constraints have raised plenty of concerns. When it comes to Tesla, CEO Elon Musk even alluded to the company’s struggles in this regard during the year’sQ4 earnings call. As is clear from the report, though, Tesla has been able to scale production nonetheless.These new sales statistics are roughly in line with Wall Street expectations. More importantly, however, they contrast the lack of success from Tesla’s rivals. Both General Motors(NYSE:GM) and Toyota(NYSE:TM) are primary competitors of the EV leader and have come up short in Q1. Reports indicate the legacy automakers were plagued by the chip shortage. GM reported a 20% year-over-year (YOY) sales decline for the period. Likewise, Toyota’s sales fell 15% YOY.This story should remind investors of the sheer power of Tesla’s brand. The company raised EV prices this year but has still outshined legacy rivals. Bearish TSLA stock critics often argue the company will be buried by household names like Toyota and GM venturing into the EV space. However, recent news may compel them to reconsider.Why It MattersAll told, Tesla’s ability to withstand supply-chain concerns and emerge victorious is too important to ignore. More and more drivers are switching to EVs and Tesla is having no trouble providing them. The company hasn’t lost much of any market share and continues to grow.In fact, TSLA stock is up today even after the company reported its Shanghai plant will remain closed due to Covid-19 protocols. 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out on buying more when they were at 700+","listText":"Missed out on buying more when they were at 700+","text":"Missed out on buying more when they were at 700+","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016195945","repostId":1129737404,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016192156,"gmtCreate":1649141008357,"gmtModify":1676534458437,"author":{"id":"4088126420960140","authorId":"4088126420960140","name":"JcJc","avatar":"https://static.tigerbbs.com/3a18de000ce7013be088f3ab4082bd27","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088126420960140","authorIdStr":"4088126420960140"},"htmlText":"🚀🚀🚀","listText":"🚀🚀🚀","text":"🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016192156","repostId":1129737404,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016196244,"gmtCreate":1649140882435,"gmtModify":1676534458422,"author":{"id":"4104378268082990","authorId":"4104378268082990","name":"dragon 4","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4104378268082990","authorIdStr":"4104378268082990"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016196244","repostId":1129737404,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016191300,"gmtCreate":1649140067568,"gmtModify":1676534458358,"author":{"id":"4089499026613770","authorId":"4089499026613770","name":"Jeremysee","avatar":"https://static.itradeup.com/news/110f1753ebe99c114721ba94b7030c57","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4089499026613770","authorIdStr":"4089499026613770"},"htmlText":"Moon when?","listText":"Moon when?","text":"Moon when?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016191300","repostId":1129737404,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016104744,"gmtCreate":1649139070508,"gmtModify":1676534458258,"author":{"id":"4088336620101810","authorId":"4088336620101810","name":"Issac81","avatar":"https://static.itradeup.com/news/71fe4986f915c83da5ca89742c5ecf90","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4088336620101810","authorIdStr":"4088336620101810"},"htmlText":"To the moon!","listText":"To the moon!","text":"To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016104744","repostId":1129737404,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9016104924,"gmtCreate":1649138911700,"gmtModify":1676534458242,"author":{"id":"3577580366301047","authorId":"3577580366301047","name":"All in Tesla","avatar":"https://community-static.tradeup.com/news/8db11f6e6a9a2a52850e734188850dc2","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3577580366301047","authorIdStr":"3577580366301047"},"htmlText":"Tesla will go even higher from here and it looks bto break ATH soon 🚀🚀🚀","listText":"Tesla will go even higher from here and it looks bto break ATH soon 🚀🚀🚀","text":"Tesla will go even higher from here and it looks bto break ATH soon 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