|Bid||272.58 x 800|
|Ask||272.93 x 1000|
|Day's Range||269.75 - 274.84|
|52 Week Range||247.77 - 387.46|
|Beta (3Y Monthly)||-0.25|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||311.68|
Electric vehicles are coming of age and, just like the traditional car market, they’re coming at an increasingly wide range of prices.
In a joint letter to U.S. District Judge Alison Nathan, Tesla Inc.’s top executive and the securities regulator said they haven’t been able to resolve a legal dispute over how Musk posts news about his electric-car company. The two sides had reached a settlement in October that required Musk to seek approval before tweeting any information about the company that investors might view as material. The SEC asked the court to hold him in contempt for violating their deal over the post.
Paul Davies , 72, has made important contributions in the fields of theoretical physics and cosmology. He has garnered many awards and accolades, and has an asteroid named in his honour. What was your ...
Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a dispute over Musk's use of Twitter, a federal judge ruled Thursday. Nathan had been asked to hold Musk in contempt over a Feb. 19 tweet that the SEC said violated an earlier settlement with the agency. The SEC sued Musk last year after he tweeted on Aug. 7 that he had "funding secured" to take Tesla private at $420 per share.
Elon Musk's Boring Company says it could build a pair of high-speed underground tunnels between Baltimore and Washington, D.C., in less than two years. The company's plan for a proposed 35-mile underground loop is outlined in a draft environmental assessment published by the U.S. Department of Transportation and the Maryland Department of Transportation. Elon Musk's Boring Company is once again making a bold prediction for an ambitious project.
CEO Elon Musk and the SEC have pushed off their efforts to reach a new settlement deal. In a joint filing on Thursday, Musk and the regulator requested an extension of one week to reach a resolution in their ongoing dispute. The SEC asked Judge Allison Nathan to hold Musk in contempt for violating a Sept. 2018 settlement baring him from tweeting material information about Tesla without prior review by the company.
"While we have not reached an agreement, counsel for the SEC, Mr. Musk, and counsel for Tesla met and conferred for over an hour by telephone earlier this week and are continuing to discuss potential resolution. On April 4, a federal judge gave Musk and the SEC two weeks to work out their differences, punting a request from the agency to hold him in contempt of court for allegedly violating an October securities fraud settlement. U.S. Judge Alison Nathan said she had "serious concerns that no matter what I decide here, this issue won't be resolved." Nathan ordered both parties to "take a deep breath, put on your reasonableness pants" and work out a solution.
Could Tesla's Q1 2019 Earnings Help Its Stock Recover?(Continued from Prior Part)Reviewing TSLA’s fourth-quarter earnings In the fourth quarter of 2018, Tesla (TSLA) managed to report profitability for the second quarter in a row. On a non-GAAP
StockTwits — a social-media platform founded in 2008 as a venue for day traders to exchange ideas and musings — is set to kick off a free online brokerage unit, aimed at appealing to its current roster of approximately two million members, as well as luring millennials.
Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience. Officials said their companies are charging ahead with a flurry of new electric vehicle (EV) models, citing rising regulatory requirements globally. Michelle Krebs, analyst at online marketplace Autotrader, expects EV sales to remain relatively modest until charging infrastructure, prices and battery performance improve.
Could Tesla's Q1 2019 Earnings Help Its Stock Recover?Tesla’s first-quarter earnings Tesla (TSLA) is scheduled to release its first-quarter earnings results after the market closes on April 24. After outperforming the broader market and its peers
Several funds managed by one of Tesla’s biggest shareholders cut their stakes in the electric car maker in the first quarter.
It’s that time again for Tesla (TSLA). The struggling electric carmaker is expected to release earnings on April 24th, coming off what has been an extremely rough three months. Shares are down nearly 20% year-to-date, as pricing and demand remain a key challenge for the company. Just a few weeks ago, Tesla reported a massive drop in production and deliveries (45% and 31%, respectively, q/q), as sales of the luxury and high-margins Models X and Y both slipped big. However, even with the concern, Oppenheimer analyst Colin Rusch is maintaining his Outperform rating and $437 price target on the stock, which implies about 40% upside from current levels. (To watch Rusch's track record, click here)Ahead of the release, Rusch is lowering gross margins estimates on "lighter mix of Model S due to an expected refresh cycle and Model 3 volumes likely coming at slightly lower prices throughout 2019.” Beyond margins, Rusch continues to believe "TSLA’s operating system is a critical driver of cost reduction and remains several years ahead of competitor designs.” He also believes, “broadbased demand continues to exist for TSLA’s products at prices above vehicles in the same class, but note channel strategy changes are confusing customers and creating an unnecessary headwind.”More broadly, Rush says Tesla’s China strategy is "tocritical for the company on both cost and vehicle demand.” The analyst is expecting the company to provide further details of its battery supply arrangement, potentially additional financing for capex, and expectations for sell-through in the market. Supported by strong registrations in the EU,” the analyst believes “China will be at the center of bullish arguments.” Overall, Rusch is lowering his estimates but is still a believer in the company's long-term story. He says updates to “estimates to reflect 1Q shipments and our outlook for deliveries for the remainder of 2019” is bringing revenue and EPS down to $26.5B and $1.93 (respectively), from $28.3B and $6.78. All in all, Tesla’s chart shows the stock could surge or plummet by the day, as “good news” is viewed as a game-changer, while “bad news” is seen as the end of the world. And with that, the analyst community is heavily divided: TipRanks analysis of 25 analyst shows a Hold consensus, with nine analysts say Buy, six suggest Hold and ten recommend Sell. The consensus price target stand at $302.09, suggesting shares are undervalued by as much as 10%. (See TSLA's price targets and analyst ratings on TipRanks)Read more on TSLA: * Tesla: Is the Worst Over? This Analyst Doubt It * Tesla Executes the ‘Blitzscaling’ Strategy * Is Tesla (TSLA) Stock on Brink After Poor Deliveries Report? * Why Tesla (TSLA) Stock Is Headed in the Wrong Direction More recent articles from Smarter Analyst: * Jeff Bezos Is Leading Amazon (AMZN) in the Right Direction * Why Autonomous Could Be a Strong Driver for Nvidia (NVDA) Stock * Microsoft (MSFT) Stock's Big Rally Should Continue * The Qualcomm (QCOM) Hype Continues: Canaccord Boosts Price Target on the Stock
Ford (NYSE:F) is having a good April. It's launched two attractive SUVs, and Ford stock is up 12% over the last month. I wasn't sure if Ford stock would ever climb out of sub-$8-territory, but it sure has, putting the owners of Ford stock in a much happier frame of mind. * 5 Dividend Stocks Perfect for Retirees F stock appears to be coming out of hibernation just in time for spring.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs I said in my most recent article about Ford in March, I have a love-hate relationship with Ford. With F stock under $10, I considered it a value play for patient investors. However, in the end, when it came to recommending Ford stock, I hedged my bets. Specifically, I suggested that investors who were thinking of putting $10,000 into Ford take $7,500 of it and buy Ferrari (NYSE:RACE) instead. In the month since, if you put 100% of a $10,000 bet in Ford stock, you'd be up 10.6%. If you did what I suggested -- 75% RACE, 25% F -- you would be up by 6.0%.While it's early days since I made my pick, Ford stock is certainly holding its own. Can it F stock hit $20 within the next 12-18 months? I think it's got a shot. Great-Looking VehiclesWhen Ford launched its all-new 2020 Escape SUV April 3, I was blown away by its design. Of course, that's partly because the current edition looks awful."Crossovers are the largest segment in the U.S. at nearly 40 percent of all new vehicle sales annually. Ford's crossover lineup has gotten old relative to [General Motor's], so the Escape and Explorer both out this year will be a big help in that regard," said Morningstar Research Services equity strategist David Whiston.The second Ford vehicle to catch my eye was the Lincoln Corsair, which is scheduled to go on sale in the fall; sharing some of the same components as the Escape, it's a looker. " The 2020 Corsair's considerably nicer interior, a competitive array of tech features, and reserved exterior design seem poised to make it a significantly more competitive entry in the tough compact-luxury-SUV segment," stated Car and Driver contributor Joey Capparella April 17. He's right. The SUV market is super competitive. Only the best-looking vehicles are going to win market share. That's especially true given how expensive these vehicles can get once you add all the bells and whistles. As Capparella noted, the Corsair's base price will likely come in at slightly more than $35,000, but it could quickly rise to $60,000 once options are added. That's a lot of money to pay for a severely depreciating asset. But its looks will bring people interested in buying a small luxury SUV into the Ford showroom. Six months ago, Ford couldn't do that. All it had was the F-series. The Corsair is potentially a game-changer.The Bottom Line on Ford StockAs I've already said, Ford is designing better-looking vehicles which gives it a good shot of competing in the U.S. and elsewhere. A third vehicle that could add some horsepower to Ford stock is the Mustang-inspired SUV, an electric crossover intended to compete with Tesla's (NASDAQ:TSLA) Model Y. It may be available by the end of 2020, and it's said to have a range of 370 miles. I don't do a lot of road travel, but my wife does have a significant commute. We're looking to replace our Jeep Cherokee with a hybrid or electric SUV. If we go fully electric, it's got to have a minimum range of 300 miles to meet my wife's driving requirements. We'd be willing to consider waiting until the end of 2020 before we choose one from Ford or another manufacturer. Six months ago, there was no way I would have said that. So, from my perspective, Ford is making headway. Is it enough to get Ford stock to $20? Who knows? What I do know is that the owners of Ford stock ought to be breathing a little easier as we head into the second half of 2019.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Is $20 in the Cards for Ford Stock? appeared first on InvestorPlace.
Tesla’s first quarter earnings could be an “outright disaster” as Elon Musk already warned of a loss.
For Vivint Solar (NASDAQ:VSLR), the bull case seems easy to make. VSLR stock isn't cheap on an earnings basis, but it's not supposed to be, at least not yet.Vivint Solar's residential installations will take time to bear fruit. However, management's estimate of future profits suggests that VSLR stock can rise meaningfully from its current share price of $5.45. Meanwhile, solar demand is only likely to rise going forward, suggesting VSLR should have substantive upside potential.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut the bear case on Vivint Solar stock seems reasonably easy to make as well. Historically, the solar industry has been a black hole for investors. Plus, the company's costs are rising, and profitability appears a long way off. * 8 Best Stocks to Buy for an April Rally VSLR stock doesn't look like it's worth the risk. But investors more optimistic on solar might see things differently. Reasons to Buy VSLR StockThere are several reasons to strongly consider Vivint Solar stock. Near-term earnings don't look all that impressive: adjusted net loss per share in 2018 was $2.38, notably worse than 2017's $1.58. But those figures include huge losses attributable to non-controlling interests i.e., the funds investing in Vivint Solar's investment credits.After backing out those losses, VSLR is close to profitable. And analysts, on average, are expecting the company to become profitable within the next two years.But the long-term nature of Vivint Solar's contracts means the company is trading near-term profits (and cash flow) for out-year benefits. The company's measure of "net retained value per share" estimates the total value of existing assets, less debt. That figure continues to rise, climbing from $6.61 at the end of 2016 to a current $9.20.Investors should be somewhat skeptical about that figure. Companies generally will have a more positive view toward their own futures, after all. But even a discount from the $9-plus figure still suggests that VSLR stock is reasonably priced, if not cheap, around $5. Meanwhile, the net-retained-value figure should grow over time as solar demand continues, spurred in part by regulations in California and elsewhere.While VSLR's demand should rise, competition may not do the same. Vivint Solar remains behind Sunrun (NASDAQ:RUN) in terms of total installations. But it does seem like Tesla (NASDAQ:TSLA) unit SolarCity is fading as a competitor. Per Tesla's 10-K filings, SolarCity deployed 523 megawatts of solar energy generation in 2017, and just 326 MW last year. In contrast, Vivint's installations rose, showing notable strength in the second half of the year. The Case for VSLRThere's a lot to like about VSLR stock. The industry is growing. Market share gains could be on the way. SolarCity is scuffling, and Vivint has partnered with Home Depot (NYSE:HD), after Tesla walked away from its deal with the home-improvement retailer last year.VSLR's earnings should improve in the near-term. Debt might be a concern, with the long-term total at $1.2 billion. But Vivint has proven able to refinance by securitizing existing installations. This includes the largest ever such deal, which closed in June.So Vivint should be able to grow its business. It should be able to finance that business. The numbers can be confusing, owing to the different financing deals. Plus, there's the fact that 20-year leases may not be profitable for some time to come. Still, the numbers seem to work and, if solar growth accelerates, so too should Vivint Solar stock. The Risks Facing VSLR StockAt the same time, Vivint Solar stock seems like anything but a slam dunk. The solar sector has been around for a century. Despite this, the number of solar companies that have made consistent profits for investors seems close to zero. VSLR itself trades well below its highs from earlier this decade. It originally planned to sell itself to SunEdison, but canceled the deal; SunEdison headed into bankruptcy not long after.RUN did hit an all-time high earlier this year. Solar cell manufacturer First Solar (NASDAQ:FSLR) traded sideways in recent years. But overall, this has been a difficult sector, with tariffs and subsidies leading to pricing volatility. This dynamic created problems for manufacturers and installers alike.In that context, there's an obvious question as to whether Vivint Solar's model is just too tough. Its business is, and will remain, labor-intensive. Financing depends on investors' willingness to buy into securitizations at low interest rates.Interest rates have stayed low this decade, but they may not do so forever. Change the discount rate on future cash flows that VSLR uses to calculate net retained value per share from 6% to 8%. When you do that, the net retained value per share of VSLR stock drops to $6. That's a much lower margin of safety and suggests smaller potential gains from these shares.Low natural gas prices are an issue, as they affect energy rates and could potentially impact the pricing advantage of installed solar. Tesla's solar roof may not materialize any time soon, but other companies are looking to build similar models. Naturally, this could undercut the need for Vivint Solar's systems. Battery storage is another key potential growth catalyst for VSLR stock, but Vivint's partnership with Mercedes-Benz has fallen through, leaving the company potentially behind on that front. $5 Is Cheap, But VSLR's Road May Be Too ToughSince plunging after the SunEdison deal fell through, VSLR stock actually has been a reasonably good investment. It's possible that industry strength and continued retained-value growth will keep that trend intact.But there are an awful lot of obstacles in the company's path as well. VSLR can move quickly in either direction, based on external worries. New tariffs from China could spike the cost of solar panels, making the business model unprofitable, or close to it. Regulations can change. Subsidies can be added or withdrawn. There are myriad factors beyond Vivint Solar's control which can affect Vivint Solar stock.Investors who believe in solar and are willing to take on the risks of VSLR very well might see rewards. But the industry's track record and installation-space uncertainty make me believe that VSLR's road is a little too tough. At the end of the day, this is a low-margin and capital-intensive business. That's a difficult way to make money in any industry.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Best ETFs for 2019: A Close Race at the Front * 15 Stocks to Buy Leading the Financial Charge * 7 Stocks From Around the World That Beat U.S. Stocks Compare Brokers The post Vivint Solar Stock Is Cheap, But It Carries Real Risks appeared first on InvestorPlace.
As Tesla prepares to report first-quarter financial results and update investors on the status of its autonomous driving technology, bulls and bears may redraw their arguments.
Quarterly results could be an ‘outright disaster’ at Tesla amid concerns about margins and demand for the Silicon Valley car maker, which reports April 24 after the bell.
The K50 sits low and wide, with classic supercar proportions, and the partners behind the project are betting there is an emerging and still largely untapped market for high-performance electric cars.
Funds managed by T. Rowe Price Group Inc owned a 10.12 percent stake in Tesla as of September. It sold roughly half of that stake in the quarter ended December and 92 percent of its remaining stake in the following quarter.