281.00 +0.31 (0.11%)
After hours: 5:04PM EDT
|Bid||280.75 x 400|
|Ask||281.90 x 100|
|Day's Range||277.30 - 285.16|
|52 Week Range||244.59 - 389.61|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 2, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||316.92|
Jonathan Corpina of Meridian Equity Partners joins Yahoo Finance's Seana Smith to break down the latest market moves.
A part-by-part analysis of a disassembled Model 3 shows why Tesla scares the pants off every other automaker, but it also reveals head-scratching mistakes that explain why the automotive newbie is struggling to produce cars profitably.
Tesla (TSLA), the popular electric carmaker, is ready to release its 1Q18 earnings on May 2. Despite a weakness in the second half of 2017, the company managed to yield impressive returns of 45.7% last year. That was much better than the 19.4% gain for the S&P 500 Index last year and a 32% rise in the Nasdaq 100. Before we look at analysts’ estimates for Tesla’s 1Q18 earnings, let’s review its recent performance.
A tiny algae developer in Japan is betting its survival on biofuels in a big way -- a bravado its director says matches only that of Elon Musk’s. Euglena Co., a Tokyo-based maker of nutritional supplements, is spending 5.8 billion yen ($53 million) on building a test refinery that converts algae into biofuel used to power jets and vehicles. For comparison, larger processor JXTG Holdings Inc. has a daily refining capacity of about 320,000 barrels at its biggest plant.
Automotive consultant Sandy Munro recently broke down Tesla's Model 3, all the way down to the nuts and bolts. Here's what he and his team found, both good and bad.
Investors rattled by recent volatility are becoming choosier about which technology-focused stocks they scoop up, a reversal from 2017 that threatens to undermine the tech sector’s dominance.
A car analysis firm has picked apart a Tesla Model 3 sedan and praises its battery pack and electronics but pans much of the rest of the vehicle as costly, heavy and poorly built.
Are Trump’s Tariffs Hurting Harley-Davidson’s Business? Milwaukee-based heavyweight motorcycle maker Harley-Davidson (HOG) released its 1Q18 earnings on April 24. On the brighter side, this was much better than Wall Street analysts’ estimates of $0.90 for 1Q18.
Boeing Co (NYSE: BA) became the latest member of the $DJI 30 to smash Wall Street analysts’ projections early Wednesday, firing up earnings per share of $3.64 vs. analysts’ consensus of $2.56. Revenue of $23.38 billion was more than $1 billion ahead of the $22.2 billion analysts had expected, and the company also raised its outlook. Also on the earnings front, Twitter Inc. (NYSE: TWTR) topped analysts’ earnings projections and reported the second profitable quarter in the company’s history.
Strong earnings from major companies keep pouring in, but the question seems to be whether the overall market will give them credit. We saw some big names battered down Tuesday despite solid results as market psychology seems to be cautious and fearful. Facebook up later today.
As Tesla continues to struggle with mass manufacturing of its new Model 3, a new report from a Detroit-based auto manufacturing consultant suggests one of the car’s biggest problems could be an overly complicated design.
Edwards Lifesciences Corp (NYSE:EW) and Illumina, Inc. (NASDAQ:ILMN) reported their quarterly earnings results after hours Tuesday, while Tesla Inc (NASDAQ:TSLA) finds itself in hot waters over a contract dispute. Edward Lifesciences reported its latest quarterly results after hours yesterday. The company announced that the first-quarter global sales of its heart valves, a metric that marks the company’s most important growth driver, increased 2.3% year-over-year to $551.5 million.