Why These 5 Stocks Are on the Move on Friday

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In this article, we take a look at five stocks that are on the move on Friday. If you want to take a look at some more stocks that are tending today and the latest market situation, go to Why These 10 Stocks Are on the Move on Friday.

5. Tesla, Inc. (NASDAQ:TSLA) has declined 2.3% as of 10:41 AM ET following the news that experts and industry insiders think that Tesla, Inc. (NASDAQ:TSLA) will not be able to reach its ambitious target of mass-producing its batteries by the end of 2022. Moreover, the analysts think that the increasing cost of raw materials such as nickel could drive Tesla, Inc.’s (NASDAQ:TSLA) cost of manufacturing an electric car by over $1000. The hedge funds seem to be bullish on Tesla, Inc. (NASDAQ:TSLA) as the number of hedge funds invested in the company increased by 31 to 90 at the end of Q4 2021.

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