Tesla, Inc. (NASDAQ:TSLA) to reduce the number of vehicles sitting at its California factory Tesla will make a change to its delivery system next quarter designed to reduce the number of vehicles sitting at its Fremont, California, factory, Electrek‘s Fred Lambert reported. According to Electrek, Tesla will immediately send custom-ordered vehicles to local delivery hubs, instead […]
Tesla, Inc. (NASDAQ:TSLA) Sinks As Market Gains Tesla (TSLA) closed the most recent trading day at $245.87, moving -0.5% from the previous trading session. This change lagged the S&P 500’s daily gain of 0.29%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.3%. Heading into today, shares of the electric car […]
Tesla, Inc. (NASDAQ:TSLA) extending their gains to a third straight session Shares of Tesla Inc. TSLA, +4.91% on Wednesday hovered at their best in seven weeks and extended their gains to a third straight session. The stock is up more than 8% in September, a contrast with losses of nearly 7% in August. Chief Executive Elon Musk late […]
Tesla, Inc. (NASDAQ:TSLA) Stock May Still Be Undervalued For so long, Tesla (TSLA) was so far ahead of the competition in the luxury-electric market, it saw nothing in its rearview mirror. But recently, other luxury automakers — include Mercedes, BMW, Audi and Jaguar — have been creeping up on the incumbent, with recently or soon-to-be […]
Musk delays release of Tesla, Inc. (NASDAQ:TSLA) pickup truck prototype Tesla, Inc. CEO Elon Musk has pushed back the expected unveiling of the company’s long-awaited electric pickup truck to November, though he hasn’t made any firm promises on when the prototype will be released. Musk first announced plans to put out a pickup truck in late 2013, saying then […]
Tesla, Inc. (NASDAQ:TSLA) Stock Sinks As Market Gains In the latest trading session, Tesla (TSLA) closed at $227.45, marking a -0.93% move from the previous day. This change lagged the S&P 500’s daily gain of 0.09%. At the same time, the Dow added 0.26%, and the tech-heavy Nasdaq lost 0.17%. Prior to today’s trading, shares […]
Tesla, Inc. (NASDAQ:TSLA) bulls and bears took an interesting turn after Tesla’s 2Q earnings last week The long-fought battle between Tesla (TSLA) bulls and bears took an interesting turn after Tesla’s 2Q earnings last week. Tesla missed big on its gross margins and reiterated its prior forecast for its 2019 delivery numbers. The numbers were […]
Tesla, Inc. (NASDAQ:TSLA) stock is plagued by uncertainty about its ability to turn a profit Tesla (NASDAQ:TSLA) investors have endured a bumpy ride over the past few years as the stock rose and fell at the drop of a hat. On one hand, TSLA stock benefited from optimism regarding the public’s growing interest in electric vehicles […]
Tesla, Inc. (NASDAQ:TSLA) energy storage segment is growing rapidly Tesla’s energy storage segment is growing rapidly. In Q2, it deployed 415 megawatt-hours of energy storage capacity, up 81% year over year. In addition, management said its residential energy storage solution, called a Powerwall, is now installed at over 50,000 different locations. Zooming out beyond a single […]
Tesla, Inc. (NASDAQ:TSLA) cash flow improves, but is it sustainable? While Tesla lost a ton of money last quarter, it did generate $614 million of free cash flow. That was a nice turnaround from the first quarter, when it burned through more than $900 million. The return to positive cash flow wasn’t very surprising. Tesla […]
Tesla, Inc. (NASDAQ:TSLA) declined after the departure of a high profile exec, and a disappointing second quarter earnings report Tesla’s longtime chief technology officer (CTO), who helped create the company, is stepping down after 16 years, CEO Elon Musk told analysts on the earnings call Wednesday. The news followed the disclosure that Tesla reported a larger than […]
Tesla, Inc. (NASDAQ:TSLA) reported second-quarter results well below Wall Street expectations Tesla Inc. shares fell 11% after hours Wednesday after the Silicon Valley car maker reported second-quarter results well below Wall Street expectations, despite coming on the heels of record sales for the company. Tesla TSLA, +1.81% said it lost $408 million, or $2.31 a […]
Tesla, Inc. (NASDAQ:TSLA) scheduled to report second-quarter earnings after the bell Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize one key financial metric when it reports its quarterly results this Wednesday. The electric car maker’s automotive gross margin specifically will likely determine how Tesla’s stock finishes the week and remains central […]
Tesla, Inc. (NASDAQ:TSLA) full-year deliveries guidance is worth monitoring Though the last three months have been quite volatile for Tesla’s shares, Elon Musk’s company is heading into its Q2 report trading almost right where it was at heading into its Q1 report. It wouldn’t exactly be shocking to see more volatility from Tesla following its […]
Tesla, Inc. (NASDAQ:TSLA) Cars, trucks, and things that fly The most important number for Tesla will be its sales outlook, after the car maker already reported better-than-expected deliveries for the second quarter but declined to restate its forecast as it did with first-quarter deliveries. Barclays analyst Brian Johnson is concerned about “demand pull forward” that […]
Tesla, Inc. (NASDAQ:TSLA) could be poised for an even bigger recovery Tesla stock (NASDAQ:TSLA) could be poised for an even bigger recovery, according to one of the electric car maker’s biggest bulls. In a recent note, Ben Kallo of Baird, one of Tesla’s most ardent supporters in Wall Street, reiterated his “Outperform” rating on TSLA […]
Tesla, Inc. (NASDAQ:TSLA) slams the auto industry On Tuesday, Musk said in an interview with MotorTrend that the auto industry “is just fairly slow to evolve, and it didn’t take electric vehicles really seriously until 2015, maybe 2014 you could say.” Referring to other automakers’ failures in the electric vehicle space, Musk said that cars other than […]
Tesla, Inc. (NASDAQ:TSLA) cut the starting price of the Model 3 sedan in the U.S. weeks after a federal tax credit shrank in half Tesla Inc. cut the starting price of the Model 3 sedan in the U.S. weeks after a federal tax credit shrank in half, renewing concern over whether the electric-car maker can […]
Tesla, Inc. (NASDAQ:TSLA) largest outside shareholder is openly advocating for Elon Musk to fine-tune his approach to communicating with the market For the third time in the past year, Tesla Inc.’s largest outside shareholder is openly advocating for Elon Musk to fine-tune his approach to communicating with the market. There’s no need for Musk, an […]
Tesla, Inc. (NASDAQ:TSLA) Rebound Should Continue Tesla (NASDAQ: TSLA ) Has had a bumpy road to say the least and Tesla stock has been a lot more unpredictable than any investor wants to see. The stock market is having its best year in over two decades, with the S&P 500 rising 18% through the first six months of the 2019 – […]
Tesla, Inc. (NASDAQ:TSLA) Isn’t Planning to Refresh Its Model S and X While most of the attention regarding Tesla (NASDAQ: TSLA) stock has recently been on the company’s Model 3, Tesla’s older and pricier models are still critical to the company’s success. Sure, the Model 3 now accounts for about 80% of the automaker’s quarterly deliveries, but the Model […]
Tesla, Inc. (NASDAQ:TSLA) clearing price will rise significantly If you’re thinking about buying a Tesla, you may want to do that sooner rather than later — at least if you trust Elon Musk’s vision of the company’s future. Answering a question on Twitter on whether consumers only have a limited time to buy a Tesla […]
Tesla, Inc. (NASDAQ:TSLA) latest quarterly report includes a record number of vehicle deliveries at 95,200 Tesla has had its share of ups and downs over the years with exploding cars, autopilot mishaps, and CEO Elon Musk saying and doing foolish things on the internet. But this week was a big “up” for the electric car […]
Tesla, Inc. (NASDAQ:TSLA) sets a fresh high mark with 87,048 vehicles produced and 95,200 vehicles delivered in the second quarter Indeed, Tesla shares went on to jump as much as 7.6% yesterday (then settled to close up nearer to 5%) after the company did exactly that, setting a fresh high mark with 87,048 vehicles produced and 95,200 […]
Tesla, Inc. (NASDAQ:TSLA) delivered 95,200 cars in its second quarter, a record for the company Tesla delivered 95,200 cars in its second quarter, a record for the company. The numbers, released Tuesday, met the company’s own goal and easily outpaced the 63,000 cars delivered in the first three months of the year. They also far […]
Tesla, Inc. (NASDAQ:TSLA) investors are underestimating how fast Model 3 demand is recovering Tesla Inc. investors are underestimating how fast Model 3 demand is recovering as the automaker prepares to report second-quarter deliveries this week, according to JMP Securities. JMP expects second-quarter Model 3 deliveries were 43,000 in the U.S., almost double what shipments likely […]
Tesla, Inc. (NASDAQ:TSLA) shareholders and analysts are gearing up for the electric automaker’s second-quarter delivery figures Tesla may release second-quarter delivery figures in the coming week that sate Wall Street’s expectations. But the automaker’s future profitability and questionable underlying demand remain fundamental wildcards. That’s what a cadre of equity analysts at investment giants from Goldman Sachs […]
Tesla, Inc. (NASDAQ:TSLA) Faces Difficulty to Reach Delivery Target for Q2 Tesla, Inc. TSLA has delivered 49,000 vehicles in North America so far in second-quarter 2019, per Reuters. According to Electrek, this is below the electric vehicle (EV) giant’s expectation and is likely to affect its goal of creating a record for new vehicle delivery in […]
Tesla, Inc. (NASDAQ:TSLA) is developing the means to manufacture its own battery cells Tesla is developing the means to manufacture its own battery cells, according to five current and recent employees, something that the electric vehicle maker has relied on Panasonic to do since the companies signed an extensive partnership deal in 2014. The move […]
Tesla, Inc. (NASDAQ:TSLA) could be on the verge of a quarterly record for vehicle deliveries Tesla Inc. could be on the verge of a quarterly record for vehicle deliveries, though the electric-car maker will need to go “all out” in the last few days of the month, Chief Executive Officer Elon Musk wrote in an […]
Tesla, Inc. (NASDAQ:TSLA) run into some serious resistance Shares of Tesla (NASDAQ: TSLA ) have run into some serious resistance even after after avoiding any headline risk over the past several weeks. TSLA stock seems to be stalling out after a red hot rally off the recent lows at $180. Given the ongoing cash burn and deteriorating demand, I […]
Tesla, Inc. (NASDAQ:TSLA) Delivery To Miss Q2 Target There’s a pretty good chance Tesla Inc. will deliver at least 90,000 of its electric vehicles (EVs) in the second quarter which, while short of analysts’ expectations, will still be a huge 121 percent year-over-year increase. Some analysts, however, continue to remain skeptical of Tesla’s promise to […]
Tesla, Inc. (NASDAQ:TSLA) What Can We Expect in the Upcoming Months? Despite the recent recovery displayed by Tesla’s stock, there are some bad omens which paint the company’s financial future in uncertain colors. Tesla have managed to come up with cheaper models compared to its $90,000- luxury Tesla Roadster sportscar. These models, such as the […]
Tesla, Inc. (NASDAQ:TSLA) facing doubts over meeting its production goals Tesla investors are regaining confidence in a quieter Elon Musk — even as they question the company’s ability to hit its production goals for the second quarter. The automaker’s stock rose by as much as 4.3% Tuesday and is up by more than 7% over the last four […]
Tesla, Inc. (NASDAQ:TSLA) Elon Musk becomes Daddy DotCom Serial-tweeting Tesla CEO Elon Musk said on Twitter Sunday night that he “just deleted” his account, 10 months after his use of the social media site to pump up the electric car company’s investment prospects landed him in trouble with U.S. securities regulators. However, Musk’s account was […]
Tesla, Inc. (NASDAQ:TSLA) drivers are caught sleeping Over the last few days, several Tesla drivers were caught sleeping at the wheel on Autopilot. The narrative seems to be that Autopilot is the cause, but people have been falling asleep at the wheel way before Tesla’s driver assist system existed. Someone reported to NBC that he caught a […]
Tesla, Inc. (NASDAQ:TSLA) enduring a rough patch At Tesla’s annual shareholders meeting on June 11th Elon Musk was as ebullient as ever. But its shares, which started the year above $300, have plunged close to $200 and its bonds recently traded at an all-time low of close to 80 cents on the dollar. Deliveries of the […]
Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk gave his annual review and outlook on the company to investors Tesla’s recent strong run hit a big bump today after the company’s shareholder meeting yesterday. The stock was up nearly twenty percent in the last ten days but fell 3.61 percent a day after CEO Elon Musk gave his annual […]
Tesla, Inc. (NASDAQ:TSLA) has “a decent shot at a record quarter on every level” Tesla has “a decent shot at a record quarter on every level”, CEO Elon Musk has told the company’s annual shareholder meeting, soothing concerns about weak demand for the electric car maker’s sedans. Tesla’s stock rose 3.6 per cent to $US225 […]
Has the Tesla, Inc. (NASDAQ:TSLA) recovery begun? It sure looks like it, if you watched the stock price, hammered down below $US200, bounce back last week. Who knows if shares will rally, but if history is a guide, the stock had fallen too far, too fast. Now the bargain-hunters have moved in, recalling prior comebacks. […]
Tesla, Inc. (NASDAQ:TSLA) company is pushing hard to reach high delivery goals Tesla finished its second best day of the week on the stock market Thursday after a report that it is reaching record sales numbers. The stock closed up 4.8%, adding more than $1.6 billion to its market cap, which now sits at $36.4 […]
Tesla, Inc. (NASDAQ:TSLA) sold nearly 3 times as many cars as rivals Tesla Inc. likely sold nearly three times as many electric vehicles in May than its main competitors combined did. That’s from analysts at Morgan Stanley, led by Adam Jonas, who used industry estimates as Tesla TSLA, +1.54% does not report monthly sales. The […]
Tesla, Inc. (NASDAQ:TSLA) under pressure from Wall Street on concerns about demand for its vehicles Tesla Inc. TSLA, +0.27% shares fell more than 4% in late trading Monday, poised to close at their lowest since February 2016 and extending their losing streak to a third session. Tesla has been under pressure from Wall Street on […]
Tesla, Inc. (NASDAQ:TSLA) horror year has gone from bad to worse Tesla’s horror year has gone from bad to worse with images of another one of its electric cars charred following a fire — this time while apparently plugged in to one of the electric car maker’s own high-powered charging stations in Belgium. Belgian media […]
Tesla, Inc. (NASDAQ:TSLA) gets a fresh price-target cut from Wall Street Barclays on Thursday became the latest Wall Street firm to lower its expectations for Tesla, citing concerns over underlying demand, profitability, and the skepticism that’s met CEO Elon Musk’s full self-driving plans. “Model 3 demand is stagnating in the US, the company still doesn’t have a path to […]
Tesla, Inc. (NASDAQ:TSLA) needs to be more than just a car company There is probably no bigger battleground stock today than Tesla (NASDAQ: TSLA). The Elon Musk-led electric-car maker garners fierce reactions from both sides of the investing aisle. Bulls say that Tesla will not only produce superior vehicles, but also change the entire transportation system, while bears focus on the […]
Tesla, Inc. (NASDAQ:TSLA) market value has fallen by more than 30% in recent months In March, the NYU professor Scott Galloway made a bold prediction at South by Southwest: This will be the year that Tesla begins to unravel. Two months later, his claim is starting to look like it could come true. Shares of Elon Musk’s […]
Tesla, Inc. (NASDAQ:TSLA) investor doubt about whether there are enough buyers left who want and can afford Tesla vehicles A downhill snowball of bad news eclipsed anything good Tesla did, and raised investor doubt about whether there are enough buyers left who want and can afford Tesla vehicles. Throw in a little bit of erratic […]
Tesla, Inc. (NASDAQ:TSLA) fell below $200 This week was a big week in tech. Tesla Inc. (NASDAQ:TSLA) fell below $200 and closed the week below that round number. Half a year ago, very few Tesla bulls would have thought Tesla would trade where it is. Some believe Tesla shares could go lower given its cash burn. Others […]
Tesla, Inc. (NASDAQ:TSLA) Musk says electric car maker had more than 50,000 net new orders in the current quarter Tesla Inc. stock on Thursday rose for the first time in six sessions, boosted by a leaked email from Chief Executive Elon Musk promising record-breaking sales for the company. Tesla TSLA, +1.43% shares were up 2%, […]
Tesla, Inc. (NASDAQ:TSLA) Elon Musk is cutting prices on some of the company’s older model cars Tesla’s stock is down another 6% today, the sixth consecutive session TSLA shares have fallen. It is now down 40% year-to-date. Tesla’s stock is getting hammered today because of the company’s announcement that it is cutting prices on older model […]
Tesla, Inc. (NASDAQ:TSLA) lowering the price of its two most expensive models by $2,000 to $3,000, not including tax credits Tesla has sliced the price of its two most expensive models after several Wall Street analysts questioned the demand for its cars. The company on Monday cut $3,000 from the price of the Model S […]
Tesla, Inc. (NASDAQ:TSLA) shares fell as much as 7.5 per cent to a 52-week low in early morning trade Tesla shares plunged below $200 for the first time in more than two years on concerns the carmaker faces a “Kilimanjaro-like uphill climb” to hit profitability goals in the second half of the year. In a […]
Tesla, Inc. (NASDAQ:TSLA) Will Struggle in China with Tariffs According to an email sent out to employees by Tesla CEO Elon Musk obtained by Reuters, Musk warned the company may face a serious cash flow problem in less than ten months if it does not begin strictly controlling its expenses. Musk reportedly wrote: It is important […]
Elon Musk suffered a brutal rebuke this week after major Tesla investor T. Rowe Price revealed that it had dumped 81% of its Tesla, Inc. (NASDAQ:TSLA) stock T. ROWE PRICE UNLOADS TESLA SHARES – AND IT’S NOT ALONE T. Rowe Price held just 1.7 million shares of Tesla on March 31 this year, down substantially from the […]
Tesla, Inc. (NASDAQ:TSLA) waning demand threatens to shrink sales Tesla investors are having a forgettable year as the stock has made them poorer by more than 30%. The Elon Musk-led company’s stock fell to two-year lows earlier this week. But independent investment banking advisory firm Evercore ISI believes that the bloodbath isn’t done yet and […]
Tesla, Inc. (NASDAQ:TSLA) reached a $US13 million settlement on May 10 with former contractor Teodora Tapia Tesla reached a $US13 million settlement on May 10 with former contractor Teodora Tapia, who was left “permanently disabled” after being hit by a Model S sedan, according to Parris Law Firm, which represented Tapia. A Tesla representative told […]
Tesla, Inc. (NASDAQ:TSLA) Turns out there’s more ways to use Autopilot than we imagined Elon Musk, who’s had federal regulators scrutinising his Twitter feed and Tesla’s Autopilot technology, invited fresh attention to both by making light of a pornographic video filmed inside one of the company’s cars. The chief executive officer sent a series of tweets loaded with double […]
Tesla, Inc. (NASDAQ:TSLA) Attorneys for Tesla Inc. asked a Delaware judge to dismiss shareholders’ complaints Attorneys for Tesla Inc. asked a Delaware judge Thursday to dismiss shareholders’ complaints over a compensation plan that could net CEO Elon Musk more than $50 billion over the next decade. A shareholder lawsuit filed last June alleges that Musk […]
Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk notably expressed interest in buying some of the new shares Electric-car maker Tesla (NASDAQ:TSLA) announced last week that it would raise as much as $2.7 billion in an offering of debt and equity — and Tesla CEO Elon Musk notably expressed interest in buying some of the new shares. Now a new SEC filing […]
Tesla, Inc. (NASDAQ:TSLA) shares accelerated in the past week after being in reverse for most of the year Tesla shares accelerated in the past week after being in reverse for most of the year. The stock spiked 8% in the past five sessions, picking up speed on Friday as its upcoming stock and bond offering closed […]
Tesla, Inc. (NASDAQ:TSLA) Musk plans to buy another $10 million worth of shares as part of the sale announced on May 2 Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla’s stock and debt sale, backed by his stake in the electric car maker, a company filing […]
Tesla, Inc. (NASDAQ:TSLA) offering $650 million of common stock and $1.35 billion in convertible senior notes due in 2024 in two separate offerings A week after posting a huge first-quarter loss and saying the company needs to raise cash, Tesla is doing just that. The company said Thursday that it’s offering $650 million of common stock and […]
Tesla, Inc. (NASDAQ:TSLA) facing a growing cash squeeze Elon Musk’s electric car challenger Tesla is facing a growing cash squeeze, and may need to raise fresh funding as debt repayments loom, according to analysis of its dwindling reserves. The California-based manufacturer last week issued one of its most disappointing financial updates in years after redeeming […]
Tesla, Inc. (NASDAQ:TSLA) fell by as much as 4% after the electric-car maker reported a wider-than-expected first-quarter loss Investors intimately familiar with the way Tesla shares trade – wildly – know the stock found itself in a technically precarious position on Thursday. As the stock fell by as much as 4% – to a six-month low – in the […]
Tesla, Inc. (NASDAQ:TSLA) misses big on first-quarter earnings Tesla reported a wider-than-expected loss and less revenue than anticipated during the first quarter as demand for its electric cars waned after the company lost a valuable tax credit for buyers on Jan. 1. Executives braced investors for another loss in the second quarter before returning to […]
Tesla, Inc. (NASDAQ:TSLA) investors are keyed in on slowing demand and diminishing cash on the balance sheet Tesla’s electric-vehicle, solar energy and battery-storage businesses tick off big sustainability themes in the era of climate change. That has attracted a passionate base of consumers, as well as social media supporters. Elon Musk has 25 million followers […]
Elon Musk said he is “very confident” Tesla, Inc. (NASDAQ:TSLA) would be able to offer robotaxis next year Tesla CEO Elon Musk said that the company should have robotaxis on the roads in 2020. “I feel very confident predicting autonomous robotaxis for Tesla next year,” Musk said on stage at the Tesla Autonomy Investor Day […]
Tesla, Inc. (NASDAQ:TSLA) Reports after the close, Wednesday, Apr. 24 Wall Street expects Tesla to report a per-share loss of 69 cents on revenue of $5.33 billion. This compares to the year-ago quarter when the loss came to $3.35 per share on revenue of $3.41 billion. What to watch: Tesla stock has been under pressure […]
Tesla, Inc. (NASDAQ:TSLA) is struggling in 2019 The glory days for Tesla (NASDAQ:TSLA) may be approaching an end. For the last few years, the company enjoyed strong sales with barely any advertising. The stock market and Tesla customers and adherents admired CEO Elon Musk for the advancements he brought to the electric vehicle market. That translated to […]
Tesla, Inc. (NASDAQ:TSLA) Electric vehicles have a small but growing share of the auto market You’ve probably heard of the Nissan Leaf, Chevrolet Bolt and Tesla Model 3. And most car companies, if they are not selling an electric vehicle, are working on bringing one to market. But consumers in the market for new cars […]
Tesla, Inc. (NASDAQ:TSLA) stock falling after CEO Elon Musk commented on production estimates again Just two months after he tweeted a production figure forecast, Tesla’s chief executive has done it again just days after he had to appear in court because the Securities and Exchange Commission accused him of violating an agreement to first ask […]
Tesla, Inc. (NASDAQ:TSLA) $2.6 Billion Compensation Package? If there are contenders for tech titan poster child, Elon Musk is clearly leading the pack. Unlike almost any other CEO in recent memory, Musk embodies the spirit of innovation, vision, risk-taking, fearlessness, and unbridled ambition while also having the popular appeal of a rock star–with ambitions to […]
Tesla, Inc. (NASDAQ:TSLA) Shayne ‘Jack’ Heffernan Price Target $150 Tesla Inc. shares on Thursday traded at their lowest in five sessions after a report said the Silicon Valley car maker and Panasonic Corp. have put on hold plans to expand the Nevada Gigafactory. Tesla TSLA, -2.77% shares fell nearly 3% in midday trading, bringing weekly […]
Tesla, Inc. (NASDAQ:TSLA) Doubts Increase Over Tesla’s Growth Projections If you’re not following Tesla’s story as closely as we do, you might wonder what difference a miss of one quarter could make in the life of a car-maker with a promising product that’s still in the early stage of its growth cycle. Why the drastic reaction […]
Tesla, Inc. (NASDAQ:TSLA) investors question the strength of demand for its product lines Electric-car maker Tesla Inc. delivered sharply fewer vehicles to customers in the first three months of the year, raising questions about the strength of demand for its product lines as it ramps up assembly of the newest sedan. The Palo Alto, Calif., […]
Tesla, Inc. (NASDAQ:TSLA) about $US10 billion of Elon Musk’s fortune is derived from Tesla The electric car maker had reported a record decline in deliveries during the first quarter, down to 63,000 vehicles in the three months that ended in March, from 90,966 in the fourth quarter. About $US10 billion of Mr Musk’s fortune is […]
Tesla, Inc. (NASDAQ:TSLA) ‘Massive’ delivery backlog in Europe, China blamed; company reaffirms yearly guidance Tesla Inc. said late Wednesday it delivered about 63,000 vehicles in the first quarter, significantly fewer than analysts had expected. Analysts surveyed by FactSet has expected 76,000 deliveries, with about 54,600 of those being Model 3 sedans. Tesla TSLA, +2.07% said […]
Tesla, Inc. (NASDAQ:TSLA) stock fell into decline on Tuesday after Chinese hackers exposed a shocking vulnerability in the Model S. China hackers set their sights on Tesla to expose just how easy it was to manipulate the Model S. Not only were they able to trick the autopilot systems of the luxury vehicles, but they’ve […]
Tesla, Inc. (NASDAQ:TSLA) will report first quarter sales and production today Tesla is probably about to report the largest drop in auto sales in the company’s history.That’s not a shock —Tesla faced some special circumstances last quarter. But it’s still a concern: Tesla needs to keep its sales pace high to pay down its sizable […]
Why investors should hope for Tesla, Inc. (NASDAQ:TSLA) to talk about Model 3 demand trends With Tesla (NASDAQ:TSLA) set to report its first-quarter deliveries sometime between April 1 and April 3, investors will be watching the update closely. Not only will it give investors insight into how the company’s important Model 3 production-ramp up and global expansion initiatives are faring, […]
Tesla, Inc. (NASDAQ:TSLA) first-quarter delivery numbers could work as ‘de-risking event’ Tesla Inc. first-quarter deliveries may come in below expectations, but the bearish news likely is already accounted for in the stock price and the announcement could work as a “de-risking event.” That’s from analysts at Baird, known bulls on Tesla TSLA, +1.38% which has been hit lately […]
Tesla, Inc. (NASDAQ:TSLA) Stores & Sales Tesla CEO Elon Musk sent his second email to employees in a month to clear up confusion around its store closures, according to a copy of the memo viewed by CNBC. The email says Tesla stores with high foot traffic and sales will remain open. It also says Tesla will […]
Tesla, Inc. (NASDAQ:TSLA) average $335 target Analysts either love or hate Tesla. RBC slashed its price target on Monday, suggesting 20 percent downside, and reiterated an underperform rating. Meanwhile, the rest of the Street has an average $335 target, which implies 30 percent upside. Technical analyst Ari Wald is in the hate-it camp, arguing that aimless […]
Wall Street increasingly bearish on Tesla, Inc. (NASDAQ:TSLA) Model 3 first-quarter deliveries Tesla Inc. got another bearish signal on Monday, with a second analyst in recent days dialing down price targets and casting doubts on the company’s hopes for deliveries of the Model 3. Analysts at RBC Capital, led by Joseph Spak, cut their price […]
Tesla, Inc. (NASDAQ:TSLA) prices continue to bounce up and down; hike will take effect midnight April 1 Prices on all Tesla Inc. inventory cars will rise by about 3% on April 1, Chief Executive Elon Musk said Sunday. In a series of tweets, Musk said the price hike will take effect at midnight, April 1 […]
Tesla, Inc. (NASDAQ:TSLA) owners can again benefit when they refer friends to buy the electric cars Tesla Inc. relaunched its customer-referral program Thursday night, offering new rewards for purchases. In a blog post, Tesla TSLA, +0.15% said both the referrer and the buyer will get 1,000 miles of free Supercharging per purchase, and be entered […]
Tesla, Inc. (NASDAQ:TSLA) Stock Remains Strong It has been a rough few months for Tesla (NASDAQ:TSLA). Just as it seemed that Tesla stock was ready to roar to permanent, new highs due to its successful ramp of Model 3 production and a hugely profitable third quarter, TSLA stock started moving in the opposite direction. Ever since […]
Tesla, Inc. (NASDAQ:TSLA) Elon Musk’s dispute with the SEC is an “overhang” on the stock Tesla CEO Elon Musk’s habit of sparring with federal securities regulators is making Wall Street nervous. Tesla shares seesawed Tuesday, falling by as much as 2.2 percent before recovering, hours after the Securities and Exchange Commission doubled down on its allegation that Musk “blatantly […]
Tesla, Inc. (NASDAQ:TSLA) shares have taken a wrong turn Tesla shares have taken a wrong turn. The stock has tumbled more than 17 percent this year with losses accelerating last week following a mediocre reception to its Model Y unveiling. It is now 29 percent off its record high set in September 2017. One technical analyst […]
Tesla, Inc. (NASDAQ:TSLA) Model Y unveiling by CEO Elon Musk failed to wow Wall Street The Tesla Model Y unveiling by CEO Elon Musk failed to wow Wall Street, with Tesla tumbling in Friday’s stock market. But setting aside the Model Y and all the drama surrounding the luxury electric vehicle maker, Tesla stock has […]
Tesla, Inc. (NASDAQ:TSLA) electric-car maker gets set to unveil its Model Y Tesla shares were up 1% Thursday as investors anticipated the rollout of the Model Y, a sports-utility-vehicle crossover which will share 75% of its parts with the Model 3.The unveiling event is set for 8 p.m. PT at the electric-car maker’s design center […]
Tesla, Inc. (NASDAQ:TSLA) believes this new vehicle will sell in even higher volumes than the Model 3 Now that Tesla (NASDAQ:TSLA) is finally selling its Model 3 in mass-market volumes and at its long-awaited $35,000 starting price, the company is moving on to its next big product: its Model Y SUV. Tesla CEO Elon Musk said last week […]
Tesla, Inc. (NASDAQ:TSLA) Question authority… and the authorities will question you Elon Musk’s lawyers have now answered the court regarding the SEC’s attempt to have them hold Tesla’s CEO in contempt and it details how the federal agency is going after the automaker and its leaders in quite an absurd way over some arguably meaningless […]
Tesla, Inc. (NASDAQ:TSLA) Reverses Plans To Close Stores Tesla stock moved up Monday after the electric car maker disclosed plans late Sunday to keep some of its U.S. stores open, opting instead to raise prices on its high-end vehicles by about 3%. In late February, Tesla (TSLA) said it planned to close most of its […]
Tesla, Inc. (NASDAQ:TSLA) will raise vehicle prices by about 3 percent on average worldwide Electric carmaker Tesla (NASDAQ:TSLA) Inc said on Sunday it will raise vehicle prices by about 3 percent on average worldwide as it plans to keep more retail stores open. Tesla said the current prices are valid until March 18 and the […]
Tesla, Inc. (NASDAQ:TSLA) Elon Musk could face a suspension for tweets the SEC said were not properly vetted Tesla CEO Elon Musk is facing pretty significant fines and a possible suspension as CEO for recent activity on Twitter that federal regulators said violated his Sept. 29 settlement with the Securities and Exchange Commission, securities lawyers say. Musk and Tesla […]
Tesla, Inc. (NASDAQ:TSLA) stock is falling out of a four-month consolidation range Tesla stock is falling out of a four-month consolidation range, testing lows not seen since October. This marks a drop of more than 25% from its December highs. Headlines have been brutal lately, from CEO Elon Musk tussling with the Securities and Exchange […]
Tesla, Inc. (NASDAQ:TSLA) stock slides to 4-month low Tesla Inc. stock extended losses Tuesday after more analysts joined the chorus of Tesla doubters and criticized the Silicon Valley car maker’s recent decisions. Tesla TSLA, -3.09% shares fell 3.1% to close at their lowest since Oct. 22 and are down more than 13% in the past three sessions in […]
SEC chairman Jay Clayton has already said taking Musk out of Tesla, Inc. (NASDAQ:TSLA) may also harm investors The Securities and Exchange Commission is between a rock and a hard place, experts say, in deciding what to do about what it told a judge on Tuesday is Elon Musk’s violation of the “clear and unambiguous” […]
