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 […]
A January 2018 crash involving a Tesla and a firetruck was due to driver inattention and the “Autopilot” system design that allows motorists to disengage, federal investigators said Wednesday. The Culver City, California crash took place when a Tesla “Model S” rode into a firetruck that had been parked in the high-occupancy vehicle lane when […]
On Friday, all Tesla vehicles sold in China were granted a tax exemption that could reduce the cost of its electric cars by up to 99,000 yuan (nearly $14,000). However, Tesla, which earlier announced it would raise the price of its cars to compensate for tariffs, has not lowered prices. The exemption, which typically is […]
Tesla (NASDAQ:TSLA) launches insurance in California, promising savings and no snooping Tesla Inc. said late Wednesday it has launched an insurance product, promising hefty savings and no snooping for owners of its vehicles in California. Tesla Insurance is “designed to provide Tesla vehicle owners with up to 20% lower rates, and in some cases as […]
$TSLA $WMT Hedge fund investor David Einhorn, a well-known Tesla Inc. (NASDAQ:TSLA) critic, has joined into the controversy over the company’s burning solar systems. He called on Tesla CEO Elon Musk to resign after a report overnight showed the company tried to replace faulty parts in its rooftop solar panel systems as part of an […]
US electric vehicle maker Tesla is in advanced talks with South Korea’s LG Chem to source batteries for vehicles to be made in its Shanghai plant, a person familiar with the matter said. The move represents a push by Tesla to diversify sources of the key component for its electric vehicles from its exclusive supplier, […]
Tesla, Inc. (NASDAQ:TSLA) Outlook After Walmart Sues Over Solar Panel Fires? It seems like every few months Tesla TSLA is in the news for a scandal or some production issue. TSLA has also been a hot stock for young investors and people searching for massive growth potential from a firm in game-changing industry. You can […]
Tesla, Inc. (NASDAQ:TSLA) Walmart is claiming millions of dollars in damages It isn’t as if the company’s core electric car business is without issue. But in 2016, it went and bailed out the debt-laden SolarCity, which was owned by Elon Musk’s cousins and in which he himself was an early investor. The result: Tesla’s own […]
Tesla, Inc. (NASDAQ:TSLA) to postpone self-driving feature’s price increase Tesla Inc. TSLA, -0.85% Chief Executive Elon Musk tweeted late Tuesday that a price increase on the company’s FSD, or full self-driving feature, is postponed until a latest version is in “wide release,” some four to eight weeks away. Musk had tweeted in July that the cost of the […]
Tesla, Inc. (NASDAQ:TSLA) offers no-contract solar panel rentals Tesla Inc.’s latest bid to revive its foundering solar division may sound familiar: rentals. The Palo Alto company is now offering panel packages with “no long term contract” as part of a relaunch announced Sunday by Chief Executive Elon Musk. But there would be a $1,500 charge […]
Tesla, Inc. (NASDAQ:TSLA) Desperate for Demand The only logical explanation for the 180-degree turn on free charging is that Tesla is desperate to sell Model X and Model S vehicles. As bears have argued for months, the low-margin Model 3 is eating into demand for these more profitable models. Model S registrations were down 54% […]
A recession and growing competition suggests you should dump Tesla, Inc. (NASDAQ:TSLA) stock while you still can Up until fairly recently, I used to be a big fan of Elon Musk and his vaunted company Tesla (NASDAQ:TSLA). However, a series of unnecessary controversies and unforced errors made me change my opinion. Granted, I still think the man is a […]
Tesla, Inc. (NASDAQ:TSLA) loss of executives from critical positions and quick departures by external hires have been “worrisome” Tesla Inc.’s executive turnover is higher than major Silicon Valley-based technology companies and is particularly acute among those reporting to Chief Executive Officer Elon Musk, according to a Bernstein analyst. The electric-car maker has been changing over […]
Tesla, Inc. (NASDAQ:TSLA) has got something no one else in the auto world has Tesla (NASDAQ:TSLA) stock is down 30% in 2019. However, in 2018, TSLA stock rose 6.9%, which was better than most of the other major auto stocks. Yet TSLA continues to face an ongoing battle for survival. It seems not a day goes by when someone […]
Tesla, Inc. (NASDAQ:TSLA) Model 3 crashed into a parked tow truck on a Moscow motorway A Tesla Model 3 crashed into a parked tow truck on a Moscow motorway, Reuters reported Sunday. Following the crash, which happened late on Saturday, the car caught fire and was destroyed completely. The driver, director general of investment fund Arikapital Alexey […]
Tesla, Inc. (NASDAQ:TSLA) Subpoenas May Presage Formal Probe Freshly disclosed records suggest the National Highway Traffic Safety Administration may be preparing a formal investigation into Tesla Inc.’s driver-assistance system Autopilot, a former agency official said. The agency has issued at least five subpoenas since April 2018 for information about Tesla vehicle crashes, according to NHTSA […]
NHTSA sent Tesla, Inc. (NASDAQ:TSLA) a cease-and-desist letter over “misleading statements” about the Model 3′s safety rating The U.S. National Highway Traffic Safety Administration (NHTSA) sent Tesla a letter regarding claims the company made on the safety of its Model 3 sedan. NHTSA Chief Counsel Jonathan Morrison sent Tesla CEO Elon Musk a cease-and-desist letter in October last year […]
Tesla, Inc. (NASDAQ:TSLA) is bringing back free Supercharging on its high-end Model S and Model X Tesla announced Saturday it is bringing back free Supercharging on its high-end Model S and Model X. We’ve heard that before. What makes this time different is that the company isn’t just offering the incentive on a few cars […]
Tesla, Inc. (NASDAQ:TSLA) is stepping up its efforts to detect and prevent fraud within its ranks Tesla is stepping up its efforts to detect and prevent fraud and waste within its ranks, according to a job listing posted to its own careers page on July 19th, and syndicated to LinkedIn about a week ago. According to the […]
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 […]
$TSLA Tesla (NASDAQ:TSLA) shares dove as much as 15% after a worse-than-expected loss and yet another major management change cast fresh doubts on the EV maker’s future. Despite delivering a record number of vehicles in Q-2 Tesla lost $1.12 a share, a bigger deficit than any analyst projected. While CEO Elon Musk, 48 anni, is […]
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 […]
$TSLA Tesla (NASDAQ:TSLA) shares rose Tuesday after the EV maker said it broke its prior production and delivery records during Q-2, beating analysts’ estimates. The Big Q: Is it sustainable? The company’s stock jumped by about 7% in after-market trading. Tesla also hinted at a strong Q-3, saying it’s entering the period with a backlog […]
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 […]
$TSLA, FCAU, GM FLASH: Tesla’s (NASDAQ:TSLA) stock is at 3 year lows Bernstein analyst Max Warburton says that while there may be some tepid interest in Tesla’s assets, it’s unlikely a European carmaker would buy the company. “What assets are attractive? Tesla no longer has genuinely differentiated tech. The production plant is sub-par. The Gigafactory […]
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 […]
$TSLA For years in this column we have called Tesla’s valuation out as fake, and finally the T-Bulls have relented and thrown in their towels(NASDAQ:TSLA) There is a “crisis of confidence” in the company, said Yahoo Finance senior columnist Rick Newman on The First Trade. When asked if Tesla’s stock could nosedive to 125 a share from about […]
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 […]
$TSLA Tesla (NASDAQ:TSLA) sank to a 2-year low after CEO Elon Musk told employees that effective immediately he and the fledgling EV maker’s new CFO will be scrutinizing every dollar the company spends in a “hardcore” focus on costs. Almost laughable if not so futile attempt to stop the bleeding there. In an e-Mail to […]
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 […]
$TSLA JPMorgan, a Tesla bear, told clients Monday the offering should help put a floor on the stock’s price. Tesla (NASDAQ:TSLA) is raising $2.4-B in new funding, the company, and even the most bearish of Wall Street analysts are sympathetic about the long expected move. “We applaud Tesla’s decision to raise capital but believe at […]
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 […]
$TSLA Elon Musk’s Tesla, Inc. (NASDAQ:TSLA) is drowning, but the analysts team at Jefferies is oddly still positive on the shares. We all know that Tesla manufactures and sells EVs that include 2 high-end Models the S & X, and a mass-market-oriented M3, cars that no 1 seem to want now. Hang On, it also […]
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 […]
$TSLA Wednesday, covered in Red Ink Tesla’s (NASDAQ:TSLA) erstwhile CEO Elon Musk suggested a capital raise could be imminent, as the US’ fledgling EV maker lost $700-M in Q-1 and while optimistically predicting a return to profit in Q-3. Tesla big plans to resolve logistics issues with global vehicle deliveries after suffering stiff headwinds marked […]
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 […]
$TSLA Friday, Tesla Inc (NASDAQ:TSLA) said that 4 members of its 11-member board would be leaving over the next 2 years, as the EV company looks to streamline its board. Brad Buss, Antonio Gracias, Stephen Jurvetson, and Linda Johnson Rice will not be standing for re-election in the upcoming annual meetings of stockholders in Ys […]
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 […]
