• Thu, Jan. 19, 12:33 PM
    Thu, Jan. 19, 12:33 PM | 132 Comments
  • Thu, Jan. 19, 11:11 AM
    • The U.S. National Highway Traffic Safety Administration is set to close an investigation into Tesla Motors (TSLA +2.5%) over the death of a driver using the Autopilot feature last year, according to Reuters.
    • The regulator is expected to say it didn't find a reason to issue a safety recall.
    Thu, Jan. 19, 11:11 AM | 59 Comments
  • Thu, Jan. 19, 7:33 AM
    • Morgan Stanley Adam Jones recharges his bull thesis on Tesla Motors (NASDAQ:TSLA) as he upgrades to Overweight from Equal-weight.
    • Jonas expresses confidence over Model 3 volume and sees a "soft" Q4 launch. The lack of a high-volume manufacturing push from Apple, Google or another tech major is also seen as a positive.
    • The long view on the EV market is that the penetration rate could push as high as 30% by 2030.
    • The price target on Tesla from MS goes up to $305 from $242.
    • Sources: Bloomberg and CNBC
    • Previously: Panasonic, Tesla to partner beyond batteries? (Jan. 19)
    • TSLA +3.49% premarket to $246.68 (highest share price since May 2016).
    Thu, Jan. 19, 7:33 AM | 189 Comments
  • Thu, Jan. 19, 4:00 AM
    • Panasonic (OTCPK:PCRFY) aims to extend its partnership with Tesla Motors (NASDAQ:TSLA) beyond batteries, as the Japanese conglomerate continues to shift its focus to the automotive business.
    • "We are deeply interested in Tesla's self-driving system," CEO Kazuhiro Tsuga said in an interview. "We are hoping to expand our collaboration by jointly developing devices for that, such as sensors."
    • TSLA +2.8% premarket
    Thu, Jan. 19, 4:00 AM | 71 Comments
  • Wed, Jan. 18, 7:48 AM
    • Nevada Governor Brian Sandoval says Tesla Motors (NASDAQ:TSLA) is expanding its investment in the Gigafactory by $350M.
    • Sandoval says the project will add 550 jobs to the site on top of the more than 1,000 full-time employees already in full swing.
    • Source: Bloomberg
    • Sandoval's full 2017 State of the State address (.pdf)
    • TSLA +0.34% premarket to $236.39.
    Wed, Jan. 18, 7:48 AM | 91 Comments
  • Fri, Jan. 13, 12:36 PM
    • While the SolarCity acquisition made for a headwind last year, shareholder approval of the deal has removed that overhang, says Baird's Ben Kallo, thus allowing investors to focus on positive catalysts - namely the Gigafactory and Model 3 production ramps.
    • Kallo and team name Tesla (TSLA +2.3%) their "Best Pick for 2017."
    Fri, Jan. 13, 12:36 PM | 213 Comments
  • Fri, Jan. 13, 3:13 AM
    • Tesla (NASDAQ:TSLA) announced in November it was doing away with unlimited free charging at its Supercharger stations, but it just revealed the new pricing guidelines for those who purchase vehicles after January 15, 2017.
    • Owners will get 400 kWh of Supercharging credits (about 1,000 miles) for free each year, however, pricing for anything more than that will be dependent on the state or country.
    • A trip from San Francisco to LA would cost about $15, while LA to NY will cost about $120.
    • A state-by-state charging cost breakdown is available here
    Fri, Jan. 13, 3:13 AM | 255 Comments
  • Thu, Jan. 12, 2:59 AM
    • Tesla (NASDAQ:TSLA) announced last week that battery production had started at its Nevada Gigafactory, but it didn't mention one exciting detail.
    • According to an investor handout, the Gigafactory will be powered by a 70-megawatt solar array, which is "~7x larger than the largest rooftop solar system installed today."
    • Any generated excess power will be stored by Tesla Powerpack batteries for use at other times.
    Thu, Jan. 12, 2:59 AM | 327 Comments
  • Wed, Jan. 11, 5:18 AM
    • Looking to stoke demand for electric cars, BMW (OTCPK:BAMXF), VW (OTCPK:VLKAF), Ford (NYSE:F) and Daimler (OTCPK:DDAIF) are aiming to build a network of ultra-fast charging stations across Europe.
    • The 400 next-generation 350 kilowatt chargers would be nearly three times as powerful as Tesla's (NASDAQ:TSLA), reloading an electric car in minutes instead of hours.
    Wed, Jan. 11, 5:18 AM | 134 Comments
  • Tue, Jan. 10, 5:15 PM
    • Tesla Motors (NASDAQ:TSLA) hires Chris Lattner as its VP of Autopilot software.
    • Lattner is well known for helping to create the Swift app programming language at Apple.
    • Lattner is listed as a Senior Director in Apple's Developer Tools Department on his LinkedIn page.
    • TSLA +0.06% to $230.00.
    Tue, Jan. 10, 5:15 PM | 80 Comments
  • Fri, Jan. 6, 11:46 AM
    Fri, Jan. 6, 11:46 AM | 241 Comments
  • Thu, Jan. 5, 9:40 AM
    • Morgan Stanley analyst Adam Jonas is convinced that Tesla Motors (TSLA -1.8%) has a surprising amount of overlapping interests with the incoming Trump administration.
    • "To the extent that the creation of high tech manufacturing jobs in the United States is a priority of the incoming administration, we believe Mr. Musk might have some interests that could be very much in alignment with those of President-elect Trump," writes Jonas.
    • Business Insider correspondent Matthew DeBord thinks Jonas could be on to something by highlighting the "awkard" shared interests between Trump and Musk.
    • It remains to be seen if Trump sticks to his position of not supporting the government picking of "winners" in the energy sector or stays ambivalent over climate change. Elon Musk made the trek to Trump Tower a few weeks, but hasn't said much about the tech exec gathering.
    Thu, Jan. 5, 9:40 AM | 55 Comments
  • Wed, Jan. 4, 4:07 PM
    • December U.S. auto sales came in at a selling rate of 18.4M annual units, according to Autodesk. The forecast from analysts was for a 17.7M pace.
    • Solid months for GM (NYSE:GM), Ford (NYSE:F), Nissan (OTCPK:NSANY), Toyota (NYSE:TM) and Honda (NYSE:HMC) also pushed the auto parts sector into rally mode.
    • "Key economic indicators, especially consumer confidence, continue to reflect optimism about the U.S. economy and strong customer demand continues to drive a very healthy U.S. auto industry," notes GM's chief economist Mustafa Mohatarem.
    • Both Ford and GM reported solid inventory positions, although inventory spending was elevated.
    • Investor took notice, with GM +5.5% and Ford +4.6% on the day. Honda rose 3.6%, while Toyota and Nissan were both up around 2%. Tesla (NASDAQ:TSLA) rode news of a buzzing Gigafactory to a 4.6% gain.
    Wed, Jan. 4, 4:07 PM | 94 Comments
  • Wed, Jan. 4, 11:21 AM
    • Tesla Motors (NASDAQ:TSLA) says the first battery cells are being produced at the Gigafactory site in Nevada.
    • The initial battery cells are for the energy storage business, with the Model 3 production ramp still to come.
    • The company expects to have 6.5K employees at the Gigafactory by 2018, up from a current level of 2.9K.
    • Shares of Tesla are up 3.50% as investors cruise right past the 2016 deliveries miss announced yesterday.
    • Sources: Bloomberg and Tesla IR site.
    • Previously: Tesla Motors misses 2016 delivery guidance (Jan. 3)
    • Previously: Tesla Motors in the spotlight after deliveries update (Jan. 4)
    Wed, Jan. 4, 11:21 AM | 93 Comments
  • Wed, Jan. 4, 9:29 AM
    • Tesla Motors (NASDAQ:TSLA) added to the debate fodder yesterday with its update on deliveries and production run rates.
    • Guggenheim: No fear from analyst Robert Cihra, who jumped over from Sterne Agee CRT, as he initiates Tesla at Buy with a price target of $280.
    • Cowen: The investment firm sticks with a bearish view (Underperform/$155 PT) as it notes the switch away from Mobileye took a toll on the production rate in Fremont.
    • Consumer Edge: Take the long view on Tesla, advises the boutique firm. 4K units slipping from one quarter to the next is seen as having little bearing on the long-term story. Shares are rated at Overweight with a $255 PT.
    • Baird: The firm continues to see strong demand sustaining into the Model 3 production ramp. Analyst Ben Kallo stays positive (Outperform/$338PT).
    • Seeking Alpha: Montana Skeptic, Bill Maurer, Paulo Santos and Randall Radic all have fresh takes on the Tesla conundrum.
    • Sources: Bloomberg and MarketBeat.com
    • TSLA -1.49% premarket to $213.75 as they test their 200-DMA.
    Wed, Jan. 4, 9:29 AM | 102 Comments
  • Tue, Jan. 3, 4:21 PM
    • Tesla Motors (NASDAQ:TSLA) announces it produced 24,882 vehicles in Q4. Deliveries came in at 22,200 vehicles (12,700 Model S units, 9,500 Model X).
    • Total 2016 production was 83,922 vehicles. Total deliveries for the year of 76,230 units missed the company's guidance for at least 80K units (reiterated on October 26).
    • Tesla on its run rate: "Because of short-term production challenges starting at the end of October and lasting through early December from the transition to new Autopilot hardware, Q4 vehicle production was weighted more heavily towards the end of the quarter than we had originally planned."
    • Shares of Tesla are down 2.30% in AH trading to $212.00 after a 1.54% gain before the bell rang.
    Tue, Jan. 3, 4:21 PM | 239 Comments