What's Going On With Tesla Stock Monday?
Portfolio Pulse from Dylan Berman
Tesla, Inc. (NASDAQ:TSLA) shares are trading higher on Monday ahead of its quarterly financial earnings release on Tuesday. Analysts estimate an EPS of 62 cents and revenue of $24.72 billion for the 2024 fiscal year second quarter. The stock is trading above its 50-day moving average at $248.22, with a current price of $251.19.
July 22, 2024 | 5:58 pm
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Tesla shares are trading higher ahead of its quarterly earnings release, with analysts expecting an EPS of 62 cents and revenue of $24.72 billion. The stock is currently trading above its 50-day moving average.
The anticipation of Tesla's earnings release has driven the stock price higher. Positive earnings expectations and the stock trading above its 50-day moving average suggest bullish sentiment among investors.
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