One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.
Here’s why shares of Tesla, Disney and Baidu are moving.
Tesla Stock News
Founded in 2003,
Tesla (NASDAQ:TSLA) is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles.
On Oct. 21, the company reported third-quarter revenue of $8.77 billion, representing a year-over-year increase of 39%. Revenue for the Palo Alto-based EV manufacturer came in higher than estimates of $8.26 billion. The sum of all automotive sales revenue for Tesla was $7.6 billion.