Market News

Tesla Makes Way for Next-Gen Roadster

Tesla Inc. (NASDAQ: TSLA) has started taking pre-orders for its next-generation Roadster sports car, a report published by said.

Those who want to pre-book the car need to make an instant payment of $5,000 and deposit $45,000 within 10 days. The production of the car is expected to commence next year.

With a top speed of 250 mph, the four-seater vehicle will take around 1.9 seconds to go from 0 to 60 miles per hour (mph) and four seconds to reach 100 mph. The Roadster is expected to cover 600 miles on a single charge.

Consensus Rating

Overall, the stock has a Moderate Buy consensus rating based on 15 Buys, five Holds and six Sells. Tesla’s average price target of $1,005.64 implies 1.9% upside potential. Shares have gained 29.5% over the past year.

Website Traffic

TipRanks’ Website Traffic Tool, which uses data from SEMrush Holdings (NYSE: SEMR), the world’s biggest website usage monitoring service, offers insight into Tesla’s performance.

According to the tool, compared to the previous year, Tesla’s website traffic registered a 32.2% rise in global visits in March. Moreover, the website traffic has increased 14.3% year-to-date against the same period last year.

Discover new investment ideas with data you can trust. 

Read full Disclaimer & Disclosure

Related News:
Eyeing Full House, AMC Continues to Bolster Portfolio
More Meta Monetizing: FB Testing New VR Feature
CarMax Shares Down 5% on Q4 EPS Miss

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More