Higher Oil Prices Could Spark A Bull Run For Tesla

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Higher Oil Prices Could Spark A Bull Run For Tesla

Oilprice.com2022-03-13

Tesla’s (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron worries saw it fall to $...

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Colise
·2022-03-13
Hope so!! Keep the fingers cross!!! [Miser] [love you] [Victory] [Heart] [Like]
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Mariko88
·2022-03-13
🥳🥳🥳🥳🥳🥳
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Barbarazhao
·2022-03-13
Good news for share holders
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Mindthink
·2022-03-13
Ok
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However, rising inflation and Omicron worries saw it fall to $...</p>\n\n<a href=\"https://finance.yahoo.com/news/higher-oil-prices-could-spark-180000105.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","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>Higher Oil Prices Could Spark A Bull Run For Tesla</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\">\nHigher Oil Prices Could Spark A Bull Run For Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-13 02:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/higher-oil-prices-could-spark-180000105.html><strong>Oilprice.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla’s (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron worries saw it fall to $...</p>\n\n<a href=\"https://finance.yahoo.com/news/higher-oil-prices-could-spark-180000105.html\">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":"BK4533","symbol_name":"AQR资本管理(全球第二大对冲基金)","start_time":0,"source_url":"https://finance.yahoo.com/news/higher-oil-prices-could-spark-180000105.html","article_id":"2219324711","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2219324711","pubTimestamp":1647108000,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Tesla’s (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliver","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","TSLA":"特斯拉","BK4581":"高盛持仓","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4555":"新能源车","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4574":"无人驾驶","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4550":"红杉资本持仓"},"translate_title":"油价上涨可能引发特斯拉牛市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1},"content_text":"Tesla’s (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron worries saw it fall to $764 by 23 February.\nThen Russia began its invasion of Ukraine, and Tesla shares rocketed to $880 on 2 March as the implications for oil were laid bare. Now trading at $824 a share, the time could be ripe for a new bull run.\nWhat is happening to Tesla’s share price?\nRight now, Brent Crude is at $129 a barrel. For context, the benchmark averaged $70 in 2021 and only $43 in 2016. On Monday, it struck a 14-year high of $139 as investors were spooked by the specter of a western oil and gas embargo against Russia.\nThat specter is now a reality. US President Joe Biden claims the move targets ‘the main artery of Russia’s economy’ but admitted it will be ‘not without cost at home.’ UK PM Boris Johnson concurs, saying the UK’s plan to phase out Russian oil by the end of 2022 will ‘add to the pressure we’re already seeing on Russia.’\nMeanwhile, the European Commission plans to reduce EU demand for Russian gas by two-thirds, with the bloc currently relying on the alienated state for 40% of its gas and 30% of its oil. About 8% of US and 6% of UK oil comes from Russia.\nRussian Deputy PM Alexander Novak had previously threatened to ‘impose an embargo on gas pumping through the Nord Stream 1 gas pipeline’ and that ‘rejection of Russian oil would lead to catastrophic consequences for the global market,’ causing Brent to rise to $300 a barrel.\nGoldman Sachs is predicting Brent will average $135 this year, while JP Morgan is predicting a rise to $185 by summer. As analysts dissect the implications of the embargo, even higher price predictions could be hitting the front page soon.\nThe implication for Tesla’s share price is obvious. In the UK alone, petrol is already at 153p and diesel at 159p a liter. The cost of filling up a 55-liter family car has risen by £2 in a week. If Brent rises to previously unimaginable highs, the transition to EVs could accelerate even faster than previously predicted.\nBerlin Gigafactory and semiconductor shortages\nWedbush analyst Dan Ives believes a ‘major overhang’ on Tesla has been removed after it secured delayed German approval to start production at its new Gigafactory in Berlin. With a $1,400 target, Ives ‘cannot stress the production importance of Giga Berlin to the overall success of Tesla’s footprint in Europe and globally,’ as Tesla expects to eventually ramp up production at the plant to 500,000 cars a year.\nAnd Global Equities Research analyst Trip Chowdhry is targeting $1,500, believing the company’s production, shipping, and delivery momentum are currently ‘extremely solid,’ helping to set another deliveries record this quarter.\nRelated: Shell Is Betting Big On Offshore Wind Following UK Ban On Russian Oil\nHowever, CEO Elon Musk warned that ‘in 2022, the supply chain will continue to be the fundamental limiter of output across all factories. So, the chip shortage, while better than last year, is still an issue.’ And this was before the Ukraine crisis sent the cost and availability of EV critical Palladium, Neon, and Nickel to record highs. Nickel alone is at a record-busting $100,000/tonne, forcing the London Metal Exchange to suspend trading in the commodity indefinitely.\nIn addition, Musk is in yet more trouble with the US Securities and Exchange Commission. After agreeing that his Tesla-related tweets would be vetted by a lawyer before being posted in 2018, he is now arguing he was coerced into the deal, as ‘Tesla was a less mature company and the SEC’s action stood to jeopardize the company’s financing.’\nMusk wants to block an SEC subpoena for records of legal pre-approval of his November Twitter poll asking the public whether he should sell 10% of his stake in the company. Tesla argues Musk’s tweet was ‘behavior the SEC should encourage: a CEO’s transparency.’ But another legal battle with the powerful US regulator is a distraction the company could do without.\nPolitically, there’s better news. Biden called out Tesla as ‘our nation’s largest electric vehicle manufacturer’ in a speech about EV chargers last week. Previously, Musk has made no secret of his disapproval of Biden’s $7.5 billion Bipartisan Infrastructure Law and had previously called the President a ‘damp sock puppet.’ But the potential forthcoming oil crisis could now be focussing political minds on a speedier EV transition.\nLegacy competitors Ford and GM are still amid their transition to electric, while newer rivals Lucid and Rivian are struggling to ramp up production. But Tesla is aiming to double sales to 2 million cars this year, as the higher up-front cost of EVs becomes more palatable than the running costs of ICE cars.\nBy City AM\nMore Top Reads From Oilprice.com:\n\nWar-Related Oil Price Volatility Leaves Shale Acquisitions In Limbo\nPalladium Prices Are Soaring As Russian Sanctions Sting\nVolkswagen Chief: Ukraine War Could Be Worse Than COVID For Europe\n\nRead this article on OilPrice.com","kind":null,"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":9036482040,"gmtCreate":1647183014185,"gmtModify":1676534200960,"author":{"id":"4098952740647570","authorId":"4098952740647570","name":"Colise","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4098952740647570","idStr":"4098952740647570"},"htmlText":"Hope so!! Keep the fingers cross!!!&nbsp;[Miser]&nbsp;[love you]&nbsp;[Victory]&nbsp;[Heart]&nbsp;[Like]&nbsp;","listText":"Hope so!! Keep the fingers cross!!!&nbsp;[Miser]&nbsp;[love you]&nbsp;[Victory]&nbsp;[Heart]&nbsp;[Like]&nbsp;","text":"Hope so!! Keep the fingers cross!!! [Miser] [love you] [Victory] [Heart] [Like]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036482040","repostId":2219324711,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9036577007,"gmtCreate":1647157956533,"gmtModify":1676534199715,"author":{"id":"3585465597002348","authorId":"3585465597002348","name":"Mariko88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3585465597002348","idStr":"3585465597002348"},"htmlText":"🥳🥳🥳🥳🥳🥳","listText":"🥳🥳🥳🥳🥳🥳","text":"🥳🥳🥳🥳🥳🥳","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036577007","repostId":2219324711,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9036592549,"gmtCreate":1647137088147,"gmtModify":1676534197476,"author":{"id":"3576888762442253","authorId":"3576888762442253","name":"Barbarazhao","avatar":"https://static.tigerbbs.com/40f6fdeabe0e8cac300f1fd2a17eb3ac","vip":1,"crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"3576888762442253","idStr":"3576888762442253"},"htmlText":"Good news for share holders","listText":"Good news for share holders","text":"Good news for share holders","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036592549","repostId":2219324711,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9036253434,"gmtCreate":1647131425656,"gmtModify":1676534196248,"author":{"id":"4102837759709900","authorId":"4102837759709900","name":"Mindthink","avatar":"https://community-static.tradeup.com/news/89b965229f7209196369426d161728ee","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"4102837759709900","idStr":"4102837759709900"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036253434","repostId":2219324711,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":31,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}