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- ly_tly_t
  ·2022-03-25
  Buy LG
  Why Tesla Stock Zoomed Higher Again
  Two news items are helping to push Tesla stock higher today.
  Why Tesla Stock Zoomed Higher Again
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- ly_tly_t
  ·2022-03-18
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For the eighth day in a row, shares of the electric car superstar roared higher -- closed 1.48% higher on Thursday.A couple of positive ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/24/why-tesla-stock-zoomed-higher-again/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","TSLA":"特斯拉","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","BK4574":"无人驾驶","BK4527":"明星科技股","BK4551":"寇图资本持仓","BK4099":"汽车制造商","BK4511":"特斯拉概念","BK4550":"红杉资本持仓","BK4534":"瑞士信贷持仓","BK4548":"巴美列捷福持仓"},"source_url":"https://www.fool.com/investing/2022/03/24/why-tesla-stock-zoomed-higher-again/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222257070","content_text":"What happenedTesla Motors  stock has the pedal to the metal. For the eighth day in a row, shares of the electric car superstar roared higher -- closed 1.48% higher on Thursday.A couple of positive news items today may explain why Tesla shares continue to zoom higher.Image source: Getty Images.So whatNews item No. 1: You probably heard last year when rental car kingpin Hertz said it was ordering 100,000 pricey new Teslas to add to its rental car fleet, right? At first, those were going to be largely Model 3 sedans, Tesla's cheapest electric car (if still not exactly cheap at $47,000). Well, last night, Reuters reported that Hertz will also be buying some Model Y crossovers from Tesla as well -- and those electro-buggies don't roll off the car lot for less than $63,000.Long story short, for every single Model Y Hertz buys from Tesla, instead of a Model 3, Tesla investors can expect to see 34% more revenue for their Tesla stock.Now whatSelling electric cars is good business for Tesla, accounting for about 95% of Tesla's $53.8 billion in revenue last year, according to data from S&P Global Market Intelligence. But electric cars don't go very far without batteries to operate them -- which brings us to news item No. 2:As Reuters also reported last night, one of Tesla's battery suppliers, LG Energy Solution, has announced that it will spend $1.4 billion to build a battery factory in Arizona. LG says the factory will supply both \"prominent start-ups\" and other car companies in North America, presumably referring to LG customers Lucid Group and also to Tesla.Reuters reports that the new LG factory won't reach \"mass production\" levels before 2024, but construction will begin in Q2 2022 -- which begins just eight days from today, and promises a relatively quick influx of new battery supplies for Tesla. Considering that Tesla CEO Elon Musk has highlighted battery supply as \"the limiting factor\" (emphasis added) in Tesla being able to ramp up car production over the next few years, LG's entry into Arizona can only be good news for Tesla stock.And that's exactly how Tesla investors are treating it today.","news_type":1,"symbols_score_info":{"TSLA":1}},"isVote":1,"tweetType":1,"viewCount":975,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035239137,"gmtCreate":1647604116881,"gmtModify":1676534249820,"author":{"id":"4109381799374240","authorId":"4109381799374240","name":"ly_t","avatar":"https://community-static.tradeup.com/news/0c6a1c2260a4f4b53b7895f0099dacd9","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4109381799374240","authorIdStr":"4109381799374240"},"themes":[],"htmlText":"[Like]&nbsp;","listText":"[Like]&nbsp;","text":"[Like]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035239137","repostId":"2220742968","repostType":4,"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}