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Tesla has promised to revolutionize the automobile, but the high-end electric car maker keeps hitting road blocks created by its founder Elon Musk’s erratic behavior and considerable ego. Those traits contributed to fraud charges brought against Musk on Thursday by federal regulators, a potentially serious blow coming just as Tesla is ramping up efforts to […]
Is it Time to Sell the Unicorns With the high valuations and the looming destruction of Tesla there is a strong indication there is a weakening in some parts of the global economy. the Unicorns will be the first victims. Over the last decade, the world’s major economies floated themselves out of recession on oceans […]
Tesla Executives Run for the Door, is this Enron 2.0? Tesla confirmed on Wednesday that finance executive Justin McAnear is leaving the electric car maker as it strives to become profitable by the end of the year. Word that McAnear was heading for the off-ramp followed chief accounting officer Dave Morton’s departure after just a […]
Elon Musk Trying to Destroy Tesla The Fake Buy-Out Tweet The Stupid Tube for a Cave Rescue in Thailand On going Public Despite with a Thai Rescuer Publicly Smoking Marijuana A lawsuit filed Thursday accused Musk of trying to burn short-sellers (those betting that Tesla’s share price would decrease) in the market. “This appears to […]
Musk is Setting the Stage for his Tesla “Poor Me” Defense Musk knows trouble is coming and he is laying the ground work to defend any legal proceedings. Tesla shares took a pounding Friday amid fresh fears about the future of the electric carmaker after a wide-ranging interview with chief executive Elon Musk in which […]
Musk Builds Excuse for Tesla Tweet Elon Musk has claimed exhaustion from overwork as he deals with the aftermath of a market-rattling tweet on taking Tesla private — a mess that worsened with reports that US regulators subpoenaed him over the statement. “This past year has been the most difficult and painful year of my […]
Tesla is all Trouble A former Tesla technician took to Twitter to detail what he says is extensive evidence of malpractice and waste at the electric carmaker’s factories, and potentially deadly battery defects in its cars. Martin Tripp is a former Tesla technician who used to work in the electric carmaker’s dystopian-sounding Gigafactory 1 battery […]
“Boring bonehead questions are not cool. Next?” Tesla chief Elon Musk complained in May, shortly before shutting down questions from Wall Street. The now-infamous conference call in a nutshell represents the unorthodox approach of Musk, whose brazen aspirations to remake the transportation universe and confrontational approach to opponents has aroused both passionate support and furious […]
Tesla’s board of directors said Wednesday it will evaluate chief executive Elon Musk’s proposal to take the electric car maker private. Given Musk is in total control of the board the answer is a forgone conclusion. Going private will save Tesla facing massive conversions and a public battle with debtors should one emerge, but it […]
Tesla Fails to Deliver Again $TSLA “I’ve had the car for eight months and it ran fine for four days,” says Yngve Solberg, who like many Norwegians is fed up with the slew of problems his Tesla X has given him. Tesla has sold more cars per capita in Norway than any other country in […]
Tesla (NASDAQ:TSLA) is Struggling $TSLA Electric car manufacturer Tesla has failed another independent braking test. Officials for the company don’t agree with the results. The test was made in Luxembourg recently. The Luxembourg testing and standardization authority (ILNAS) put a Model S and a Volvo S90 through an emergency braking test. As Luxembourg Wort reports, […]
A fire that has briefly disrupted operations at a Tesla plant in Fremont, California, has prompted the car-maker’s CEO Elon Musk to send a cryptic message, asking staff to be vigilant, in light of “another strange incident.” The internal email from Musk, first reported by CNBC, revealed that a “small” fire broke out at a […]
As Tesla’s problems pile up, some shareholders suggest ousting Elon Musk as company’s CEO. On Tuesday, major investors are meeting to challenge Musk’s grip on the electric carmaker. One of the greatest opponents to Musk is CtW Investment Group, a company that works with pension funds sponsored by unions. According to CtW, which has criticized […]
Kiss of Death: Soros Buys Tesla Debt $TSLA Billionaire investor George Soros has invested in electric car maker Tesla at a time when the company is facing stock sell-off amid severe production and legal problems. Soros Fund Management invested $35 million in the convertible bonds of Tesla, which are due in March 2019, Reuters reports […]
Electric car producer Tesla has become the stock investors are betting against the most. “Tesla, which was overtaken by Apple as the largest US equity short recently, is back on top of the league tables, a position it has held since March 2016,” wrote Ihor Dusaniwsky, head of research at S3 Partners, as quoted by […]
Tesla Inc (NASDAQ:TSLA) Trading Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 349.54. The projected lower bound is: 307.79. The projected closing price is: 328.67. Tesla, Inc., formerly Tesla Motors, Inc., designs, develops, manufactures and sells fully electric vehicles, and […]
Tesla Inc (NASDAQ:TSLA) Defeats Car Dealership In Missouri Court Earlier this year, Tesla was forced to temporarily close its stores in Missouri after the Missouri Automobile Dealers Association (MADA), a trade group representing car dealers in the state, tried to have Tesla’s dealer license revoked. A three-judge panel of the Missouri Court of Appeals ruled in favor of […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Analyst jokes Musk will make it to Mars with SpaceX before Tesla is profitable One of the largest German banks, Nord/LB initiated coverage of Tesla not only with a sell rating, but with jabs at CEO Elon Musk. “You have to ask yourself what will happen first: that Elon Musk […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights One of Europe’s leading energy consultancies has estimated that Tesla’s electric haulage truck will require the same energy as up to 4,000 homes to recharge, calculations that raise questions over the project’s viability. The US electric carmaker unveiled a battery-powered lorry earlier this month, promising haulage drivers they could add […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla’s Nov. 16 introduction of both the new Tesla Semi and the Tesla Roadster managed to impress even observers used to the electric carmaker’s lofty ambitions. When they come to market, the Roadster will be the fastest-accelerating production car in the world, and the Semi will deliver more range, for […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla Inc. is nearing the end of a two-year marketing experiment. Starting Nov. 1, people who buy a new Tesla TSLA, +0.10% luxury vehicle through a referral code will go home with the right to use a Tesla “Supercharger”, company-speak for its fast-charging device usually clustered alongside major highways, free […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Employee dismissals at Tesla are continuing at its SolarCity subsidiary, according to six former and current employees, and are affecting SolarCity offices across the U.S. Echoing reports from earlier this month, these SolarCity employees say they were surprised to be told they were fired for performance reasons, claiming Tesla (TSLA) […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla starts work on first Puerto Rico energy project to help rebuild island Tesla announced its first solar and storage project in Puerto Rico at the Hospital del Nino Chief Executive Elon Musk and Puerto Rico governor Ricardo Rossello had a Twitter exchange last month Puerto Rico was badly hit […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla is about to make history as the first foreign automaker to build cars in China independently, without having to link up in a joint venture with a Chinese company and give away half its profits and much of its technological know-how as part of the bargain. What’s not clear […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla is about to come out with a new all-electric service vehicle based on the Model S and Model X vehicles, according to Jon McNeill, Tesla’s President of Global Sales and Services. The new vehicles will be used to replace service vans – pictured above – in Tesla’s mobile service […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Exactly one week after Tesla CEO Elon Musk suggested his company could help with Puerto Rico’s electricity crisis in the aftermath of Hurricane Maria, more of the company’s Powerwall battery packs have arrived on the island, according to a photo snapped at San Juan airport Friday, Oct. 13. The image […]
Tesla Inc (NASDAQ:TSLA) Recalling 11,000 SUVs Tesla recalling 11,000 Model X SUVs for seat issue Tesla Inc. is recalling 11,000 Model X SUVs worldwide because their rear seats might not lock into place. The recall involves vehicles with fold-flat second row seats made between Oct. 28, 2016, and Aug. 16, 2017. Tesla believes only about […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Elon Musk, founder and CEO of Tesla Motors, is revered for his visionary ideas: a mass-market electric car, a private space transport company, a mode of regional transportation that relies on vacuum-sealed tubes. On Monday, Musk revealed his latest groundbreaking concept in a bid to once again transform the automobile […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights There’s a new biggest Tesla bull on Wall Street: Analyst predicts 40% surge to $500 in just 12 months Nomura Instinet initiated coverage on Tesla shares with a buy rating and set a 12-month price target of $500, representing 44 percent upside to Tuesday’s close. It now has the highest […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla Model 3 deliveries lower than expected because of ‘production bottlenecks’ Of the total, 14,065 were Model S, 11,865 were Model X, and 220 were Model 3. In the quarter, 25,336 vehicles were produced. Of those, 260 were Model 3. Tesla said production bottlenecks caused the number of Model 3 […]
Tesla Inc (NASDAQ:TSLA) China To Be Teslas Largest Market Piper Jaffray reiterated its overweight rating on Tesla shares, predicting the electric car maker will thrive in China. “China could eventually be Tesla’s biggest source of revenue,” analyst Alexander Potter wrote in a note to clients Tuesday. “If Tesla sidesteps [its] obstacles by making EVs locally, […]
Tesla Inc (NASDAQ:TSLA) Choosing Intel Over Nvidia Tesla may be choosing Intel over Nvidia to make chips for the “infotainment” system in Tesla cars, Bloomberg reported Tuesday, citing unnamed sources. Intel shares were up slightly following the news. Intel chips will now power the on-board information and entertainment system behind the large screens in the […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights For several decades, western automakers hoping to both build and sell vehicles in China have had to engage in a joint venture with a Chinese company. But it might soon allow foreign automakers to set up their own non-JV factories, to manufacture electric vehicles. This would be a massive shift, […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla is still exploring options to make swapping vehicle battery packs easier and faster. This patent filed in May reveals one option that would allow technicians to change out packs in less than 15 minutes. This isn’t the first of such ideas. Back in 2014 Tesla briefly played with an […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Elon Musk is now taking the commercialization of his Hyperloop idea very seriously. His Tesla-branded Hyperloop pod hit 220 mph (355 km/h), according to Musk, breaking the 201 mph speed record set by the students of team WARR at the Hyperloop Pod Competition earlier this week. Both records occurred at […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla’s ability to alter so many aspects of its cars with software is great for quick fixes and upgrades, but it can also make things a bit confusing. Earlier this year, Tesla owners discovered that the automaker was limiting power output in certain models equipped with its “Ludicrous” performance mode. […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights According to a report from a source speaking with Electrek, a recent software update has introduced a new client for a new streaming service called “TTunes.” The news comes from a well known “Tesla tinkerer” who goes by the moniker Green. Right now, there is no user interface for customers […]
Tesla Inc (NASDAQ:TSLA) Semi-Truck With 200-300 Mile Range The all-electric big rig that Tesla has been developing will travel 200 to 300 miles on a single charge, according to a new report from Reuters. Tesla is slated to unveil a prototype of the semi truck at an event in September, though a specific date has […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights When buying a Tesla Wall Connector, new Model S and Model X owners had to choose between a 8.5′ or 24′ cable. The $50 difference between the two made it easy to go with the 24′ for maximum flexibility, but now Tesla is even reducing the price down by another […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights In India’s passenger vehicle market sales have topped the 3 million unit mark for the first time in the just-ended fiscal year. This year, with vehicle makers dropping prices by as much as 15% in some of the states after the July 1 introduction of the Goods and Services Tax […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla Model 3 reservation holders have begun complaining that Tesla store employees are pressuring them to give up their spots for the hotly-awaited midsized electric car in favor of Model S vehicles already in stock—vehicles which often have pricetags far higher than the Model 3s the reservationees were planning on […]
Tesla Inc (NASDAQ:TSLA) Selling Bonds To Raise Money Tesla expects to raise nearly $1.8bn (£1.4bn) by selling “junk” bonds to private investors – even more than the electric car-maker aimed for when it announced the offering this month. The firm said the money will keep its balance sheet steady as it ramps up manufacturing of […]
Tesla Inc (NASDAQ:TSLA) HEFFX Targets $300 CEO Elon Musk confirmed on Twitter earlier Thursday that both the Tesla Supercharging network and urban charging networks are about to get a “major” expansion to ready the more dense areas of the U.S. for EVs. As the number of EVs on the road grows, the number of chargers […]
Tesla Inc (NASDAQ:TSLA) 25 Percent Stock Bump From Model 3? Tesla’s new top bull sees 25 percent stock bump from Model 3 Argus Research now has the highest price target on Tesla, $444 a share. Stock is already up 57 percent in a year. CEO Elon Musk warns of “production hell” We say SELL!!! Tesla, […]
Tesla Inc (NASDAQ:TSLA) Sold 47000 Cars On the heels of the Model 3 launch last week, Tesla says it is still growing sales of its Model S and Model X amid a soft luxury car market. But boasts of growth don’t make up for the amount of cash the company has burned through to get […]
Tesla Inc (NASDAQ:TSLA) Battery Tech Chief Quit Kurt Kelty, director of battery technology at Tesla, has stepped down from his post just days after the company’s lavish party to celebrate the delivery of the first Model 3s, Bloomberg reports. Kelty, who has worked at Tesla since 2006, led Tesla in forging partnerships and battery cell […]
Tesla Inc (NASDAQ:TSLA) Model 3 Failed Launch Tesla falls after Model 3 launch as Wall Street thinks Musk sounded ‘squeamish’ Wall Street is not impressed by Tesla’s Model 3 launch details Friday. Shares fell more than 2 percent Monday. The stock has rallied 57 percent this year through Friday versus the S&P 500’s 10.4 percent […]
Tesla Inc (NASDAQ:TSLA) HEFFX Stands on $250 Tesla CEO Elon Musk handed over first 30 Model 3 cars to employee buyers But $35,000 is just the bare bones cost, with any option pushing the price up past $40,000 Outside the Fremont, California factory, Musk showed off the $35,000 cars Musk said he’s ‘confident it’ll be […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights “You drive into the car park at work — the Audis and BMWs — it’s something different,” he says. And, like many Tesla fans, he admits to being inspired by the Californian carmaker’s irrepressible chief executive: Elon Musk “is a bit of a risk-taker, putting his money where his mouth […]
Tesla Inc (NASDAQ:TSLA) Chairman Hyperloop Is Happening Tesla Inc. (TSLA) chairman and CEO Elon Musk’s idea to build an underground high-speed transportation system could happen by the end of the year. Musk took to Twitter on Thursday to announce The Boring Company, a tunnel-drilling company he founded, had received “verbal” government approval to build an […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla launched in South Korea earlier this year despite being at a disadvantage against other electric vehicles. Tesla buyers don’t have access to the very generous electric vehicle incentive of up to 26 million won (~$23,000) offered by the government. Now they have announced that they are removing the restriction […]
Tesla Inc (NASDAQ:TSLA) Adds Members To Board & Auto-Pilot Malfunction Tesla has added two new independent directors to its board, including 21st Century Fox CEO James Murdoch and Johnson Publishing Company CEO and Chairman Linda Johnson Rice. The two new board members were added just a few months after Tesla confirmed it was seeking additional […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights A Tesla has gotten into an accident. One not-so-surprising detail that happens to accompany many of these accidents is that autopilot was reportedly engaged at some point before the accident occurred. This particular accident does not stray from that pattern, as a driver claims his Model S lost control after […]
Tesla Inc (NASDAQ:TSLA) HEFFX Targets $250 Tesla has a referral program that gets existing owners to convince other people to buy new Model S and Model X vehicles. In return, they can work their way up a ladder of special rewards. The program has been in place since late 2016. Some owners are evidently referring […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights ELECTRIC automaker Tesla has produced its first Model 3 sedan, a highly anticipated car because it carries a relatively low sticker price. CEO Elon Musk late Saturday tweeted pictures of the car, which will cost $35,000 and can travel 345km on a single electric charge. A $7,500 federal tax credit […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Elon Musk has announced that the Model 3, his automaker’s cheapest car yet, will begin to roll out of the factory as soon as Friday. The vehicle, which will cost around $35,000, is Tesla’s first attempt at winning over mainstream car buyers. In the past, the automaker has produced vehicles […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights The Tesla Model S has silenced the critics when it came out with Ludicrous Mode. The feature basically unlocks the full power potential of them Model S thus allowing it to fly off the line on the drag strip. With such a feature, then Model S was able to beat […]
Tesla Inc (NASDAQ:TSLA) Model 3 Battery Gigafactory Tesla has confirmed that it started production of the new Model 3 battery cell at Gigafactory 1 in Nevada over the weekend – an important step toward launching the production of the Model 3. The new battery cells are believed to be key to Tesla achieving the necessary […]
Tesla Inc (NASDAQ:TSLA) HEFFX Summary Tesla made several significant announcements last week regarding charging in Australia, which is becoming an increasingly important market for the company. They announced a partnership to deploy destination chargers at 31 shopping centers across the country and offer one year of free charging at home to new owners. Stockland announced […]
Tesla Inc (NASDAQ:TSLA) Toyota Drops Tesla Stock Toyota Sold All Its Tesla Stock, And Plans To Ignite 2020 Games By Flying Car Toyota has seemingly surrendered its entire stake in Tesla Motors Inc., concluding the two companies’ more than half-decade relationship. A Toyota spokeswoman told Bloomberg that the sale signified the end of the companies’ […]
Tesla Inc (NASDAQ:TSLA) HEFFX Highlights Tesla is looking to streamline the ordering process with the Model 3 and today we learn that Tesla is testing a new simpler configurator for the Model S and X. 33-year-old Tesla engineer AJ Vandermeyden spoke out and accused the company of ignoring her claims of “unwelcome and pervasive harassment,” […]
Tesla Inc (NASDAQ:TSLA) HEFFX Monthly Overview HEFFX Targeted $250 and stands Tesla is improving Autopilot Tesla is bringing back free, unlimited Supercharging The Indian government has reassured the company that they could sell in India, but they seem to be insisting that they would have to manufacture locally. Battery-making gigafactories are about to arrive in Europe […]
Tesla Inc (NASDAQ:TSLA) Updates Autopilot Mode Tesla is improving Autopilot with a forthcoming update, with a focus on making the ride smoother while the autonomous highway driving system is engaged Updates to the Autopilot system are now separated by the hardware generation of the vehicle – later model Teslas have different sensor and computing on […]
Tesla Inc (NASDAQ:TSLA) HEFFX Strong On $250 Battery-making gigafactories are about to arrive in Europe German Chancellor Angela Merkel on Monday is scheduled to break ground at a 500 million-euro ($543 million) plant Tesla tempts owners to upgrade at the end of their leases Researchers Estimate Break-Even On Tesla Model 3 at $41000 Tesla, Inc., […]
Tesla Inc (NASDAQ:TSLA) HEFFX Stands On $250 Target According to the Guardian Newspaper, Tesla workers are passing out on the factory floor. Fainting spells, dizziness, seizures and other symptoms have led to more than 100 calls to ambulances since 2014 Tesla has said its factory safety record has significantly improved over the last year. Overall, […]
Will Lyndon Rive ‘Moving On’ From Tesla Inc (NASDAQ:TSLA) Impact Production? This Weeks Highlights: Former SolarCity CEO Lyndon Rive will leave Tesla Rive, 40, said SolarCity was “healthier than it’s ever been,” and the time had come for him to move on. Lyndon Rive said he wanted to start a new company next year and […]
Tesla Inc (NASDAQ:TSLA) 4 Years Ahead of Schedule Highlights: Tesla battery researcher says they doubled lifetime of batteries in Tesla’s products 4 years ahead of time Tesla is steering investor attention toward the Model 3 launch in July. Tesla, Inc. Stock Surged 12.9% in April Overall, the bias in prices is: Upwards. Short term: Prices […]
Ferrari (NYSE:RACE) is a Very Profitable Company $RACE Last October, Ferrari (NYSE:RACE) was spun off from Fiat-Chryler (NYSE:FCAU), and the company is very profitable. On 8 July the stock closed at 41.25 and my Key indicators all turn Bullish, and I announced my 2016 Q-4 target at 56/share, Tuesday it hit 54.18 on the way […]
Ferrari’s (NYSE:RACE) LaFerrari Aperta “Sold Out” Before Debut $RACE, $FCAU Ferrari (NYSE:RACE) sold out its $2.1-M open-top version of the LaFerrari Supercar before its public debut, underscoring the iconic marque’s allure, Ferrari is a former unit of Fiat Chrysler Automobiles (NYSE:FCAU). That Supercar went on display at the Paris Motor Show Thursday. At 1 end […]
Ferrari (NYSE:RACE) Undervalued, Outlook Bullish $RACE Ferrari (NYSE:RACE) is among the world’s leading luxury brands focused on the design, engineering, production and sale of the world’s most recognizable luxury performance sports cars. The Ferrari brand symbolizes, exclusivity, innovation, state-of-the-art sporting performance and Ital Design. Its history and the image enjoyed by its cars are closely […]