This morning, shares of Tesla Motors (TSLA 7.33%) were sent skyward after the company announced it would be revising its previous sales estimates by moving them higher. The initial estimates were 4% lower than the actual results of 4700 units sold. Arguably the largest driver of shares had to be comments from Tesla that it will be fully profitable this quarter. In the video below Motley Fool analyst Blake Bos explains why these comments had such a large effect on shares today, what big picture items investors need to really watch in the long term, and why 2013 could be a pretty great year for Tesla investors.
Why Tesla Shares Are Skyrocketing
By Blake Bos
-
Apr 1, 2013 at 6:00PM
You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
NASDAQ: TSLA
Tesla, Inc.

Market Cap
$733B
Today's Change
(7.33%) $51.90
Current Price
$759.63
Price as of May 27, 2022, 4:00 p.m. ET
What's driving this surge for Tesla?
Stocks Mentioned

Tesla, Inc.
TSLA
$759.63
(7.33%)
$51.90
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
Why Tesla Stock Jumped on Friday
If You Invested $10,000 in Tesla in 2010, This Is How Much You Would Have Today
These 3 Unique Stocks Have Undeniable Long-Term Upside
Why Tesla Stock Keeps Going Up
Why Tesla Stock Raced Higher Today
Our Most Popular Articles

The Under-the-Radar Stock Warren Buffett Has Invested $61 Billion Into in Less Than 4 Years

If You Invested $10,000 in Tesla in 2010, This Is How Much You Would Have Today

Friday Is Going to Be a Big Day for Disney, Netflix, and AMC

Is Another Reverse Stock Split Inevitable for This Once-Promising Growth Stock?
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.