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Tesla Motors (TSLA)

  • Wed, Jan. 14, 9:17 AM
  • Wed, Jan. 14, 8:34 AM
    • Tesla Motors (NASDAQ:TSLA) trades lower following Elon Musk's Detroit Auto Show talk as investors hone in on the pushed-out production timetable.
    • The EV automaker could introduce the Model 3 by 2017, but high-volume production on the car appears to be further down the road.
    • Musk sees a run-rate of a few million cars by 2025 and profits for the company by 2020.
    • There's a dose of reality on the costs of the Gigfactory as well. The state of Nevada is in for a "few" hundred million - not the $1.5B which has been bandied around.
    • Picking fights? Musk on Toyota's fuel-cell vehicles initiative: "If you're gonna pick an energy storage system, hydrogen is a dumb one."
    • Reaction: Baird calls the slide in Tesla shares a knee-jerk reaction and thinks investors should buy at current levels.
    • The investment firm has been in a solid defensive stance all week, titling a report on the GM electric Bolt development "I've Always Wanted a Chevy? We Think Not."
    • TSLA -8.9% premarket to $186.05 vs. the consensus analyst PT of $273.08.
  • Tue, Jan. 13, 5:42 PM
  • Tue, Jan. 13, 5:14 PM
    • Tesla Motors (NASDAQ:TSLA) CEO Elon Musk is making a highly-anticipated speech at the Detroit Auto Show in connection with the Automotive News World Congress.
    • The headline revelation so far from Musk is that the EV automaker's pace of sales in China declined in Q4.
    • He blames consumer misperceptions in the nation on the charging process for the fall.
    • Other significant disclosures from the Tesla chief so far include a prediction that the company will reach a run rate of a few million cars by 2025.
    • Musk also left open the possibility that Tesla could use franchised dealerships in the future.
    • A line for bulls to latch onto: "We're going to keep driving our volumes higher and higher."
    • Detroit Free Press live blog
    • Previously: Highlights from the Detroit Auto Show (Jan. 12)
    • TSLA -6.2% after-hours to $191.50.
  • Fri, Jan. 2, 11:14 AM
    • Tesla Motors (NASDAQ:TSLA) is down 3.34% on brisk volume to take shares to a two-week low.
    • There was worrisome news from China this week for Tesla. An extension of EV subsidies impacts the EV automaker with domestic automakers getting a lift and warning signs on demand also emerged.
    • The debate on the impact of falling oil prices also continues to swirl around Tesla with the national average for gas prices down to $2.23.
    • Though market data shows that sales of EVs have fallen off relative to the industry average over the last few months amid oil's slide, there's plenty of analysis out there indicating the $70K Model S is more resilient to the $2 gas overhang than cheaper EVs.
  • Dec. 17, 2014, 8:32 AM
    • Morgan Stanley is out with new long-term production estimates on Tesla Motors (NASDAQ:TSLA).
    • Analyst Adam Jonas lowers the 2018 forecast for Model 3 volume to ~40K.
    • The outlook for 2020 deliveries is dropped to 297K vs. Tesla's target of 500K.
    • The lowered expectations from MS on production are counterbalanced to a degree by the higher average transaction price it sees as the sales mix stays shifted toward the luxury segment.
    • The price target on Overweight-rated TSLA is taken to $290 from $320 by MS.
    • Tesla's dip below $200 drew out 187 comments yesterday on SA from bulls and bears
    • TSLA -1.8% premarket to $194.20.
  • Dec. 12, 2014, 8:53 AM
    • Veronica Wu has been with Tesla (NASDAQ:TSLA) for over a year, but will leave the company in the coming days, reports the WSJ, and confirmed by Tesla.
    • Tom Zhu - currently in charge of Tesla's supercharging network in China - will assume responsibility for operational leadership in the country, says the company.
    • Wu's exit comes shortly after the resignation of Tesla's China chief of communications, Peggy Yang.
    • Shares -1.8% premarket
  • Dec. 1, 2014, 11:45 AM
    • Tesla Motors (TSLA -5.6%) slides to the $230 level as lower oil prices continue to be a factor for the EV automaker.
    • There's also a probing article out from SA contributor Alberto Zaragoza Comendador.
    • After Comendador asks how Tesla earned $204M in Europe last quarter from selling 1,061 Model S cars, a lively round of number-crunching breaks out in the comment stream.
  • Nov. 28, 2014, 11:05 AM
    • Automobile stocks are higher as a group after oil prices slide.
    • General Motors (NYSE:GM) is up 2.3% and Toyota is 1.1% higher, while shares of Ford (NYSE:F) are just poking out a modest 0.1% gain.
    • There's some concerns that Ford's big bet on aluminum loses some of its relevance if gas prices shoot lower.
    • Daimler (OTCPK:DDAIF) and BMW (OTCPK:BAMXY) are both beating broad market averages with +1% gains.
    • EV automaker Tesla Motors (NASDAQ:TSLA) is down 2.1% on the day.
  • Nov. 5, 2014, 4:36 PM
  • Nov. 5, 2014, 4:30 PM
    • Tesla Motors (NASDAQ:TSLA) says it delivered 7,785 Model S units in Q3 vs. company guidance of 7.8K and expectations from analysts in the 8K-8.2K range.
    • As tipped in an Elon Musk tweet last week, deliveries in North America were up 65% Y/Y during the month of September.
    • Non-GAAP gross margin was 23.0% vs. 26.8% in Q2 and 22% a year ago. Higher R&D expenses on the dual motor drive were a factor.
    • Tesla took in $31M from powertrain sales during the quarter and $93M in regulatory credits.
    • Guidance: Tesla expects to produce 35K for the full year and deliver 33K. Previous projections for 2015 are held firm. The automaker expects its non-GAAP gross margin rate to exceed 28% in Q4. Model X deliveries are slated to begin in Q3 of 2015, a few months back from initial projections.
    • A conference call is scheduled for 5:30 PM ET (webcast).
    • Tesla shareholder letter (.pdf)
    • TSLA +4.8% AH to $242.00.
  • Oct. 28, 2014, 8:18 AM
    • Shares of Tesla Motors (NASDAQ:TSLA) move higher in early trading.
    • CEO Elon Musk disclosed via Twitter that September sales for the EV automaker in North America were up 65% Y/Y to contradict a report from the WSJ and other news sources citing data from Ward's Auto showing a slowdown in the U.S.
    • Another important distinction from Musk is that the US Bank leasing deal provides a better interest rate to Tesla buyers - but not lower revenue for the EV automaker.
    • TSLA +3.5% premarket.
  • Oct. 27, 2014, 2:47 PM
    • Shares of Tesla Motors (TSLA -5.5%) are volatile with talk building up that data from Ward's Auto shows slowing Model S demand in the U.S.
    • Sources say the research firm tabulated a 26% Y/Y drop in unit sales for Tesla during September.
    • There's already some bulls out defending Tesla, noting the month was expected to show a year-over-year drop.
    • What to watch: Look for management commentary on the impact of the planned shutdown of Tesla's plant in Fremont this summer when the company reports Q3 earnings on November 5.
    • Previously: The EV automaker announced a new leasing program featuring lower payments.
  • Oct. 21, 2014, 4:52 PM
    • Daimler (OTCPK:DDAIF) has sold its 4% stake in Tesla (NASDAQ:TSLA), and terminated the share-price hedge it started in 2013. The sale will "result in a cash inflow of around $780 million" for the Mercedes parent.
    • Daimler affirms it will continue sourcing the powertrain for its Mercedes B-Class Electric Drive from Tesla - development work is now complete - and keep cooperating on "current projects."
    • Tesla's value has risen a bit since Daimler originally acquired a 9.1% stake back in '09.
    • TSLA -1.3% AH.
  • Oct. 13, 2014, 11:30 AM
    • Tesla Motors (TSLA -4.7%) slips lower again in an ongoing reaction to last week's D-announcement from the EV automaker.
    • As noted by Wired, the slide in TSLA lines up fairly close to the post-Musk tweet run-up.
    • Credit Suisse is out with a positive note in defense of the EV automaker.
    • The investment firm has increased confidence that Tesla will reduce its battery costs and thinks the Model X will be highly competitive in the premium SUV segment.
  • Oct. 10, 2014, 9:24 AM
    • Tesla's (NASDAQ:TSLA) dual-motor, all-wheel drive, P85D features plenty of advanced driver-assistance features, enough so that it's declared to have an autopilot mode. Model S cars produced over the last two weeks also have the hardware to support the features, some of which likely rely on Mobileye's (NYSE:MBLY) systems.
    • Ars Technica: "[Tesla's] hardware includes forward-looking radar, image-recognition cameras, and 360-degree ultrasonic sonar. All these gizmos will give the Model S the ability to read speed limit signs and cruise at whatever the road's limit happens to be, along with the ability to automatically change lanes when a driver indicates with the car's turn signal. The updated autopilot package will also include standard driver assistance tools like lane departure warnings, adaptive cruise control, and automated braking."
    • However, the P85D is a high-end car: Prices range from $105K-$120K. Dual-motor Model S units will sell for $71K-$85K. The release of a mass-market Tesla remains a future event.
    • Previous: Tesla adds driver-assistance features; Mobileye a likely supplier
    • Update: Deutsche says Mobileye is the supplier for Tesla's camera-based systems.
TSLA vs. ETF Alternatives
Company Description
Tesla Motors,inc., designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components.