Tesla Inc
Change company Symbol lookup
Select an option...
TSLA Tesla Inc
G Genpact Ltd
GRTYA Guaranty Corp
SATS EchoStar Corp
$DJI Dow Jones Industrials
TIKK Tel-Instrument Electronics Corp
TEAM Atlassian Corporation PLC
PAYX Paychex Inc
FISV Fiserv Inc
PYPL PayPal Holdings Inc
Go

Consumer Discretionary : Automobiles | Large Cap Growth
Company profile

Tesla, Inc. designs, develops, manufactures and sells electric vehicles and designs, manufactures, installs and sells solar energy generation and energy storage products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of electric vehicles as well as sales of automotive regulatory credits. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products, services related to its products, and sales of solar energy system incentives. Its automotive products include Model 3, Model Y, Model S and Model X. Model 3 is a four-door sedan. Model Y is a sport utility vehicle (SUV) built on the Model 3 platform. Model S is a four-door sedan. Model X is an SUV. Its energy storage products include Powerwall and Powerpack.

Price
Delayed
$593.12
Day's Change
-0.2596 (-0.04%)
Bid
--
Ask
--
B/A Size
--
Day's High
597.44
Day's Low
585.50
Volume
(Light)

Today's volume of 21,856,414 shares is on pace to be much lighter than TSLA's 10-day average volume of 47,950,085 shares.

21,856,414

A Growing Reliance on Nickel Around the Globe Pushes Price to 11-Month High

9:00 am ET October 21, 2020 (PR Newswire) Print

Nickel is a vital element used for several applications such as manufacturing nickel steels, electroplating and superalloys. In addition, nickel is the most expensive material in electric vehicle batteries after cobalt and is also one of the most widely used outside of the battery industry. This week, the price of nickel reached an 11-month peak after Chinese economic data showed signs of recovery. Industrial production rates were above expectations, rising from 5.6% in August to 6.9% in September compared to the same months last year. According to a report by Mining.com, the strong numbers from China, which consumes more industrial metals than the rest of the world combined, also lifted nickel prices, which hit USD 15,815 a ton in London, the highest since November 2019. Here To Serve Holding Corp. (OTC: HTSC), Tesla, Inc. (NASDAQ: TSLA), Electrameccanica Vehicles Corp. (NASDAQ: SOLO), DSG Global Inc. (OTC: DSGT), American Battery Metals Corporation (OTC: ABML).

China is committed to invest in exploration and mining of nickel. Indonesia anticipates that investments in nickel processing, as well as petrochemicals, will double to USD 35 Billion by 2033, led by investors from China. Indonesia is a major nickel producer, and according to the report, the country plans to expand as a nickel processing hub, starting from steel, to extracting battery grade chemicals from the ore, and eventually producing batteries for electric vehicles (EVs) and building EVs as well. The current generation of batteries used for EVs require large amounts of lithium and nickel, and of the two components, it is nickel that is more likely to be in short supply in the near future. "The outlook for lithium, according to a detailed analysis published last week of the metals market by Morgan Stanley, an investment bank, was for abundant supply and little evidence of a price increase, at least in the short term," Forbes reported.

Here To Serve Holding Corp. (OTC: HTSC) announced breaking news that, "its geology and mining consultancy firm, Prairie Fire Enterprises, now plans to complete a deep EM MAG survey on the mining claims of HTSC's wholly owned subsidiary, Fortune Nickel and Gold Inc ("Fortune"). Drilling on the property is expected to commence within 90 days. Fortune continues to expedite this project due to the vast projected need for nickel globally for the ever-increasing battery sales to electric vehicle ("EV") manufacturers.

HTSC management believes the battery metals sector will heat up along with the entire electric vehicle supply chain. Tesla has indicated that nickel is a significant material for Tesla's battery production plans, as the metal is a key component for the batteries of vehicles like the Tesla Semi and the Cybertruck. Fortune is using its resources to be ready to help supply factories around the globe.

The company would also like its shareholders to know that it is pursuing the acquisition of a nickel company in Europe. The opportunity is here at the right time as millions of EV cars are projected to be built at Tesla factories globally, and Fortune plans to supply an enormous amount of high-grade nickel to companies like Tesla.

About Here To Serve Holding Corp.: Here to Serve Holding Corp. operates as several entities: Fortune Nickel and Gold Inc., ICF Industries Inc. ("ICF") and Executive Industries, which operates as a division of ICF. Fortune intends to become a player in the exploration and production of nickel, gold and other precious metals internationally. The company is focused primarily on nickel exploration as the battery metals are projected to explode in the coming years along with the EV market. The company's core mission is to supply the major nickel contracts awarded by the largest EV manufacturer in the world. ICF is a distribution, consulting and sales corporation designed to supply construction material throughout North America. ICF has contracts to distribute a diverse array of industrial products such as stuccoes, plasters, insulated concrete forms, and Gigahomes, from strategically designated vendors. Executive Industries offers corporate advisory, consulting and marketing services to both public and privately-owned companies. Executive Industries helps entities with corporate strategy, negotiation, corporate structure, marketing and executive management decisions."

Tesla, Inc. (NASDAQ: TSLA) announced earlier this month that it has produced just over 145,000 vehicles and delivered nearly 140,000 vehicles. "Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q3 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company's financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles," Tesla indicated.

Electrameccanica Vehicles Corp. (NASDAQ: SOLO) reported earlier this month an update related to its ongoing search for the Company's future U.S. based assembly facility and engineering technical center. ElectraMeccanica has announced the remaining two finalists as Arizona and Tennessee. Within each finalist state, the Company has selected two finalist sites within the Phoenix, AZ metro area and the Nashville, TN region, respectively. Along with BDO, the Company is now conducting final site and proposal reviews before making a selection at the end of November 2020. "We have been very impressed with the locations and proposals we've reviewed and are looking forward to reaching an agreement that would mutually benefit both ElectraMeccanica as well as our future state and local partners," said Company CEO Paul Rivera. "When fully operational, our facility should contribute hundreds of jobs to the local economy as well as have a positive impact on the community at-large. We are excited to be a part of the catalyst for local and state initiatives to drive growth for the U.S. economy and the EV sector.

DSG Global Inc. (OTCQB: DSGT) and subsidiary automobile division Imperium Motor Corp., announced on October 5th, a strategic partnership with Skywell New Energy Automobile Group Co., Ltd. (Skywell) to exclusively market their electric vehicles to the North American Region. The first vehicle to be introduced will be the new ET5 SUV, announced on September 24, 2020 by DSG Global. "This second joint venture electric vehicle agreement with an established leader in the Electric Vehicle industry gives us more diversity of product. Skywell is already a leader in the electric bus market and we are working on some opportunities with them on these products as well. We hope to continue to align with some of the biggest and best companies in this industry," said Rick Curtis, President of Imperium Motors.

American Battery Metals Corporation (OTCQB: ABML) announced on August 18th, that it has finalized the initial equipment orders for its first lithium-ion battery metals recycling plant. We have now finalized the orders for the equipment to enable the first phase of operations, and expect the staggered delivery of this process equipment over the next 4-6 months," stated, American Battery Metals Corporation Chief Technology Officer, Ryan Melsert. "Correspondingly, we are proceeding with the steps to close on our secured land deal by September 15 and for the construction of the first phase of our internally designed production facility to be ready to receive equipment for installation in 4-6 months. The parallel efforts of the manufacturing of the custom process equipment and the construction of the processing facility will allow for minimum time and costs to enable first start-up of this first-of-kind integrated process."

Subscribe Now! Watch us report LIVE https://www.youtube.com/FinancialBuzzMedia

Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz

Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz

Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/

About FinancialBuzz.com

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. FinancialBuzz.com has not been compensated directly by any of the companies mentioned here in this editorial unless mentioned otherwise. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For here to serve holding corp. video production, filming editing, news reporting, financial and corporate news dissemination, FinancialBuzz.com has been compensated three thousand dollars by meridian ventures. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com.

Media Contact: info@financialbuzz.com +1-877-601-1879 www.FinancialBuzz.com

https://c212.net/c/img/favicon.png?sn=LN65206&sd=2020-10-21

View original content:http://www.prnewswire.com/news-releases/a-growing-reliance-on-nickel-around-the-globe-pushes-price-to-11-month-high-301156755.html

SOURCE FinancialBuzz.com

https://rt.prnewswire.com/rt.gif?NewsItemId=LN65206&Transmission_Id=202010210900PR_NEWS_USPR_____LN65206&DateId=20201021

comtex tracking

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.