Tesla Stock Skyrocketed by Over 740% in 2020, Sold Nearly 500K Cars

Tesla has achieved meteoric growth in market value and stock price in 2020. Over the 12-month period, its market cap increased by over $500 billion year-to-date (YTD). As a result, it rose higher than the cumulative market cap of the top eight automakers globally. These include Nissan, Toyota, Hyundai, Ford, GM, Peugeot, Honda and Fiat…

Tesla’s Free Cash Flow Up 276% in Q3 2020 compared to Q3 2019 – $1.4B

Despite the uncertainty caused by COVID-19 Tesla posted impressive numbers regarding their free cash flow for 2020. According to data presented by Stock Apps, Tesla’s free cash flow increased by 276% compared to the same period in 2019. Tesla’s Q3 free cash flow also experienced an almost $1 billion increase from Q2 2020. Free Cash…

Tesla market cap-StockApps.com

Tesla Hit Over $460bn in Market Cap, Seven Times More than Ferrari, Porsche and Aston Martin Combined

The coronavirus outbreak has affected many industries, but the automotive industry is among the hardest hit. After carmakers stopped production and dealerships closed showrooms amid COVID-19 lockdown, global car sales slumped worse than ever before. However, the luxury car market was generally less affected by the financial downturn caused by the coronavirus pandemic. According to…

Day trading station

What is Day Trading and How to Get Started

Online trading platforms have made trades easily accessible from fairly powered internet-enabled devices. Some traders have figured out what day trading is, opting for the short-term returns it offers over long-term trading. The idea is to profit within short trading windows in volatile markets. Day trading rules do not apply to long-term investors who prefer…

Wall Street

What Are Blue Chip Stocks?

Reliability, stability, and growth are the essentials for long-term investment, unlike investing in short-term, volatile markets. Knowing what blue-chip stocks are is the key to becoming a long-term investor. While stocks are familiar to most people, the term “blue-chip” might sound novel. Blue-chip companies do not refer to firms that deal with computer chips in…

Scalping trading

What Is Scalping in Trading?

Day trading brought several earning opportunities, including the prominent scalping strategy. You can play it safe with long-term investments in blue-chip stocks or risk it with short-term volatile stocks. The latter leads you to scalping in trading, which occurs within daily trading hours. Scalping stocks involves buying and selling them quickly to profit from small…

S&P SmallCap 600

What Are Small Cap Stocks And Should You Invest Into Them?

Publicly traded companies sell their shares to the public, including restricted shares that require permission. You can use these sales to assess a company’s worth, whether it has a small-cap stock value or higher. The more money a company can generate from its share sales, the higher its market capitalization among rivals. While others wonder…

Stock Market Analytics

What is a Limit Order in Stocks? Beginner’s Guide

Trading stocks can be exciting and profitable because of the potential for a security’s value to rise due to volatility. However, like other investments, stock trading can result in losses if the market conditions are unfavorable.  One of the most effective ways seasoned stock investors and traders manage the risk of losing money is through…