Mon, Sep. 21, 1:50 PM| Mon, Sep. 21, 1:50 PM | 171 Comments
Wed, Sep. 2, 4:41 PM| 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, Aug. 25, 7:34 AM| 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. 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, 9:15 AM
Mon, Aug. 17, 7:16 AM
- Tesla Motors (NASDAQ:TSLA) is higher in early trading after receiving a large price target boost from Morgan Stanley.
- The investment firm pushes in with a PT hike to $465 from $280 to mark a new Street high from a major name.
- Tesla's expertise in autonomous technology and its ability to work out manufacturing inefficiencies set it up for share gains, reasons MS.
- TSLA +4.96% premarket to $255.20.
Thu, Aug. 13, 10:18 AM
- Tesla Motors (NASDAQ:TSLA) is poised to announce a partnership with two dozen garages in Manhattan later today, tips the The New York Times.
- The initiative is aimed at making it easier for New Yorkers to own and charge Tesla EVs.
- The charging capacity at the NYC garages will add 58 miles of range per hour, faster than a home charging set-up - but slower than the highway superchargers.
- Shares of Tesla are up 2.42% to $243.93 after the company announced a well-anticipated secondary offering of $500M-$575M worth of shares.
- Previously: Tesla Motors sets $500M stock offering
Thu, Aug. 13, 7:16 AM
- Tesla Motors (NASDAQ:TSLA) announces a $500M stock offering. The company will also grant underwriters a 30-day option to buy an extra $75M.
- CEO Elon Musk says he will purchase $20M worth of Tesla stock himself.
- The company plans to use the funds to accelerate growth.
- TSLA +2.03% premarket to $243.01.
Thu, Aug. 6, 9:15 AM
Tue, Jul. 21, 7:29 AM
- Tesla Motors (NASDAQ:TSLA) is clipped in early trading from by an UBS downgrade on the company to a Sell rating.
- The investment firm warns Tesla's current market valuation implies storage and auto volume growth targets that may be out of reach.
- UBS trims its price target to $210 from $220.
- TSLA -4.03% premarket to $270.88 after a brisk three-day rally pushed shares over $282.
Fri, Jul. 10, 5:14 AM
- Tesla (NASDAQ:TSLA) has hired ex-Burberry senior vice president Ganesh Srivats to lead North American sales, adding an executive to help extend its reputation for automotive luxury.
- Srivats will help Tesla deepen its already formidable brand into a premium lifestyle experience to go with its high-tech image, taking a cue from the kind of marketing BMW, Porsche and Ferrari have done.
- TSLA +2% premarket
Wed, Jul. 8, 10:37 AM
- Tesla (TSLA -5%) bulls are getting a gift as two recent downgrades have helped knock the stock price back nearly 10%, says Baird analyst Ben Kallo, reiterating his Outperform rating and $335 price target.
- The downgrades, he says, do not fully value the lower-priced Model X launch.
- Previously: Another downgrade for Tesla; stock slips 2% (July 8)
- Previously: Tesla cut to Hold from Buy at Deutsche Bank (July 7)
Wed, Jul. 8, 7:37 AM
- Tesla (NASDAQ:TSLA) gives back a bit more of its recent big run, as Pac Crest's Brad Erickson says the valuation is getting full and downgrades to Sector Weight.
- He sees fair value for the stock at $293, or just 8% above yesterday's close, meaning a more balanced risk/reward scenario.
- Shares -2% to $262.44 premarket.
Tue, Jul. 7, 8:47 AM
- Tesla (NASDAQ:TSLA) -1.6% premarket after Deutsche Bank downgrades shares to Hold from Buy, citing valuation and an "insufficient" risk/reward at current levels.
- The firm thinks the electric vehicle market should increase dramatically from current levels, and TSLA could become the dominant player in the space, but the company's opportunity looks priced into the stock at current levels.
- Despite the downgrade, the firm raises its 2020 EPS to $22.20 from $20 and raises its stock price target to $280 from $245.
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