Seeking Alpha

Tesla Motors (TSLA)

  • Wed, Nov. 25, 11:47 AM
    • Credit Suisse thinks 2016 is the year that sales leverage kicks in for Tesla Motors (NASDAQ:TSLA). The bullish note from the firm includes a prediction of lower-than-consensus SG&A spending and R&D investments to help free up cash flow. In the near term, CS says 17K units in Q4 is "achievable" after factoring in some extra sales in Denmark and the U.K.
    • Tesla more than doubled the number of superchargers in the U.S. to 224 over the last year, but saw an even higher pace for new destination chargers. The number of destination chargers at hotels, restaurants, and other retail outlets now totals over 1.2K, according to
    • Earlier this week, several research firms issued positive forecasts for U.S. auto sales in November. It's unclear if that burst of buying during a typically dull month will extend out to Tesla. YTD electric vehicle sales in the U.S. have trailed the pace of overall auto sales. $2 gas prices at the pump aren't helping that trend.
    • Shares of Tesla are up 3.89% to $226.75
    | Wed, Nov. 25, 11:47 AM | 71 Comments
  • Fri, Nov. 20, 12:12 PM
    • Tesla Motors (NASDAQ:TSLA) issues a recall of 90K Model S vehicles, according to media reports.
    • The recall action is due to the risk that front seat belts could malfunction.
    • All Model S vehicles on the road are included in the recall.
    • TSLA -1.71% after sitting in positive territory.
    | Fri, Nov. 20, 12:12 PM | 419 Comments
  • Fri, Nov. 6, 2:45 PM
    • Tesla Motors (NASDAQ:TSLA) CEO Elon Musk was the surprise speaker at the Baron Investment Conference in New York City today.
    • It wasn't hostile territory for Musk with Baron, a long-time proponent of the EV automaker, lobbing mostly softballs.
    • After Tesla had to dig into the details earlier this week with earnings and guidance, it was back to the ambitious talk today.
    • Musk said he sees a 500-mile range car within a decade and reiterated Tesla can churn out "millions" of cars in the future. He noted that more automobile plants and gigafactories would be needed to reach that scale.
    • Bigger than GM? Why not, answered Musk.
    • Baron Investment Conference agenda (.pdf)
    • Baron Investment Conference webcast 
    • Tesla has had a strong week, up 11.58% to $230.85.
    | Fri, Nov. 6, 2:45 PM | 274 Comments
  • Wed, Nov. 4, 9:15 AM
    | Wed, Nov. 4, 9:15 AM | 2 Comments
  • Tue, Nov. 3, 5:38 PM
    • Top gainers, as of 5.25 p.m.: TSLA +10.5%. DPLO +10.5%. ZEN +9.3%. CHUY +8.3%. MXL +7.7%.
    • Top losers, as of 5.25p.m.: ENPH -19.0%. QUAD -14.0%. CLLS -11.9%. DSW -11.4%. X -9.7%.
    | Tue, Nov. 3, 5:38 PM | 21 Comments
  • Tue, Nov. 3, 4:27 PM
    • Tesla Motors (NASDAQ:TSLA) announces it produced 13,091 vehicles in Q3 and delivered 11,603 new units. Annual guidance is now for 50K-52K units delivered this year, a reduction on the high end of the range.
    • Q3 automotive gross margin was 23.7%, excluding $39M of ZEV credit revenue. Total gross margin was reported at 25.1% on a non-GAAP basis and 24.7% on a GAAP basis.
    • A higher mix of Model X sales in Q4 is expected to help boost the company's average vehicle selling price.
    • Q4 gross margin is expected to fall on a sequential basis as higher Model X overhead factors in.
    • Annual capex spending of $500M is anticipated for Q4.
    • The Model 3 will be unveiled next March. No specific targets for the Model 3 product timeline were disclosed.
    • The ramp for Tesla Energy products from the Gigafactory is ahead of schedule. More details are expected on the company's conference call which is scheduled for 5:30 PM ET (webcast).
    • Tesla shareholder letter (.pdf)
    • Previously: Tesla misses by $0.08, misses on revenue (Nov. 3)
    • TSLA +7.28% after hours to $223.16.
    | Tue, Nov. 3, 4:27 PM | 115 Comments
  • Tue, Nov. 3, 4:18 PM
    • Tesla (NASDAQ:TSLA): Q3 EPS of -$0.58 misses by $0.08.
    • Revenue of $1.24B (+33.0% Y/Y) misses by $20M.
    • Shares +7.3%.
    • Press Release
    | Tue, Nov. 3, 4:18 PM | 184 Comments
  • Wed, Oct. 21, 10:20 AM
    • Automobile stocks are largely higher after General Motors (NYSE:GM) reports record profit for Q3.
    • GM is leading the pack with a 4% gain - while Daimler (OTCPK:DDAIF +2.6%), Honda (HMC +2.5%), Toyota (TM +1.7%), Nissan (OTCPK:NSANY +1.6%), Ford (F +0.9%), and BMW (OTCPK:BAMXY +1%) are all ahead of market indexes. Even Volkswagen (OTCQX:VLKAY) is clawing itself back with a 2.1% increase.
    • The two laggards are Fiat Chrysler Automobiles FCAU which is down 2.9% and Tesla Motors (TSLA -0.8%). Fiat was hit with a negative EU tax ruling and has the Ferrari (NYSE:RACE) IPO stealing some of its thunder, while Tesla Motors is still stinging from a Consumer Reports jab yesterday.
    | Wed, Oct. 21, 10:20 AM | 22 Comments
  • Tue, Oct. 20, 2:07 PM
    • Tesla Motors (NASDAQ:TSLA) is lower after Consumer Reports pulls its recommendation on the Model S due to reliability issues.
    • CR: "As the older vehicles are getting up on miles, we are seeing some where the electric motor needs to be replaced and the onboard charging system won’t charge the battery."
    • More from CR: "On the newer vehicles, we are seeing problems such as the sunroof not operating properly. Door handles continue to be an issue."
    • Shares of Tesla are down 10.22% to $204.79.
    | Tue, Oct. 20, 2:07 PM | 383 Comments
  • Mon, Sep. 21, 1:50 PM
    • Tesla Motors (NASDAQ:TSLA) spikes lower after a Wall Street Journal report indicates Apple has accelerated its electric car plans and "sees 2019 shipments."
    • Sources indicate the project isn't aimed at developing a self-driving car with its first EV.
    • TSLA +0.5% after being up close to 4% earlier.
    | Mon, Sep. 21, 1:50 PM | 171 Comments
  • Wed, Sep. 2, 4:41 PM
    • Tesla (NASDAQ:TSLA) will begin taking preorders for its smaller and lower cost Model 3 in March, tweets Elon Musk, with the price being $35K. Production will start in about two years, he adds, and a fully operational Gigafactory will be needed.
    • Shares +1.1% after hours.
    | Wed, Sep. 2, 4:41 PM | 449 Comments
  • Tue, Sep. 1, 3:38 PM
    • Tesla Model X buyers at the top of the reservation list have begun to make their configuration choices. Many of the selection choices are being shared on the Tesla Motors Club board.
    • Another potential rival to Tesla (NASDAQ:TSLA) in China is starting to make some headway. NextEV is backed by some notable China-based investors, including Tencent, and has some well-known designers and engineers in the fold. The startup hopes to introduce a high-performance EV model in 2016.
    • Shares of Tesla are down 4.1% to $238.94.
    | Tue, Sep. 1, 3:38 PM | 75 Comments
  • Tue, Aug. 25, 7:34 AM
    • Netflix (NASDAQ:NFLX) and Tesla Motors (NASDAQ:TSLA) are off and running in early trading as a strong day in Europe and an interest rate cut in China has calmed some fears over companies aiming for high growth rates.
    • Netflix is up 9.41% to $106.08.
    • Tesla Motors is 5.91% higher to $231.80.
    | Tue, Aug. 25, 7:34 AM | 16 Comments
  • Mon, Aug. 24, 9:45 AM
    • Automaker stocks are one of the hardest hit sectors in early trading.
    • Concerns over demand in China and ambitious capacity growth in the automobile industry have been raised to a new level.
    • Notable decliners include General Motors (GM -5.4%), Ford (F -5.6%), Toyota (TM -6%), Honda (HMC -5.9%), and Tesla Motors (TSLA -6.1%).
    | Mon, Aug. 24, 9:45 AM | 82 Comments
  • Mon, Aug. 17, 9:58 AM
    • Morgan Stanley's note on Tesla Motors (TSLA +3.8%) is short on delivery and earnings projections, but full of confidence over the capability of the company to leverage its leadership in autonomous technology and networked machine learnings over the long haul.
    • The investment firm thinks Tesla will disclose a business plan in the next 12 to 18 months on how Tesla Mobility 1.0 (shared mobility) will be integrated into the Model 3.
    • Over a million shares of Tesla have swapped hands in the first 20 minutes of trading with the MS note in the forefront.
    • Previously: Tesla Motors higher after massive Morgan Stanley PT boost (Aug. 17 2015)
    | Mon, Aug. 17, 9:58 AM | 83 Comments
  • Mon, Aug. 17, 9:15 AM
    | Mon, Aug. 17, 9:15 AM | 7 Comments
Company Description
Tesla Motors Inc designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components.