What's Going On With Tesla Stock Today

Tesla Inc TSLA shares are trading higher by 4.54% to $113.00 Wednesday afternoon as the stock rebounds after dropping recently following softer-than-expected delivery numbers

Shares of several companies in the consumer discretionary and tech spaces are also trading higher ahead of today's Fed meeting minutes release and as stocks rebound following yesterday's weakness. Indices have also risen today amid strength in Apple and Salesforce and in reaction to earlier economic data.

See Also: Tesla Short Sellers Earned $15.7B In Profits In 2022

Tesla reported fourth-quarter deliveries that came in below market estimates. The company delivered more than 405,278 cars in the fourth quarter, and produced over 439,000. This represented a 31.33% year-over-year rise and a 17.87% sequential growth.

The consensus estimate for Q4 deliveries compiled by Tesla’s investor relations was 417,957 units...Read More

See Also: Tesla's Quarterly Deliveries Miss Expectations, Here's A Look At Recent Price Target Changes

According to data from Benzinga Pro, TSLA has a 52-week high of $402.67 and a 52-week low of $104.64.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!