TSLA - Tesla, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
219.76
-3.88 (-1.73%)
At close: 4:00PM EDT

220.40 +0.64 (0.29%)
After hours: 7:58PM EDT

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Previous Close223.64
Open224.39
Bid220.10 x 800
Ask220.90 x 800
Day's Range219.50 - 225.34
52 Week Range176.99 - 387.46
Volume5,993,949
Avg. Volume11,555,479
Market Cap39.159B
Beta (3Y Monthly)0.03
PE Ratio (TTM)N/A
EPS (TTM)-5.69
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est280.31
Trade prices are not sourced from all markets
  • Reuters55 minutes ago

    UPDATE 2-Tesla faces delivery bottleneck at close of Q2 -Electrek

    Shares of Tesla Inc fell 1.7% on Tuesday after news website Electrek reported that the electric-car maker has so far delivered 49,000 vehicles in North America during the second quarter, threatening its goal of a new record. Electrek did not give any delivery number for international markets for the quarter. The report said that when international market numbers are added, especially in places like Norway and China, Tesla will get pretty close to a new record.

  • Barrons.com4 hours ago

    Strong Q2 Deliveries Could Drive Tesla Stock Higher, Analyst Says

    Shares of Tesla, which have risen for most of June, could get a further boost from the car maker’s second-quarter delivery and production report.

  • Tesla faces delivery bottleneck at close of second quarter: Electrek
    Reuters5 hours ago

    Tesla faces delivery bottleneck at close of second quarter: Electrek

    Electrek did not give any delivery number for international markets for the quarter. The report said that when international market numbers are added, especially in places like Norway and China, Tesla will get pretty close to a new record. It has over 12,000 additional orders as well and Tesla could end the quarter by delivering 61,000 vehicles in North America, the report said, citing sources inside the company.

  • Tesla faces delivery bottleneck at close of second quarter - Electrek
    Reuters5 hours ago

    Tesla faces delivery bottleneck at close of second quarter - Electrek

    Chief Executive Officer Elon Musk had said last month that the company was on course to deliver a record number of cars in the quarter, beating the 90,700 it sent to customers in the final quarter of last year. Electrek did not give any delivery number for international markets for the quarter. The report said that when international market numbers are added, especially in places like Norway and China, Tesla will get pretty close to a new record.

  • Is Tesla Stock A Buy Right Now? Here's What Earnings, Charts Show
    Investor's Business Daily8 hours ago

    Is Tesla Stock A Buy Right Now? Here's What Earnings, Charts Show

    Tesla stock recently fell to levels not seen since early in 2016. But with rapid growth in shipments, what do the fundamentals and technical analysis say about buying Tesla shares?

  • Tesla secures a key tariff exemption on imported aluminum from Japan
    American City Business Journals10 hours ago

    Tesla secures a key tariff exemption on imported aluminum from Japan

    Tariffs remain an ongoing sticking point for American businesses, given the Trump administration’s escalating trade war with China.

  • U.S. Solar Installations Increase 10% in Q1: 3 Stocks to Buy
    Zacks10 hours ago

    U.S. Solar Installations Increase 10% in Q1: 3 Stocks to Buy

    The U.S. solar market installs 2.7 gigawatts direct current (GWdc) of solar photovoltaic (PV) capacity, leading to the strongest Q1 in the industry's history.

  • Tesla: Tariff Waiver on Japanese Aluminum Imports Could Help
    Market Realist11 hours ago

    Tesla: Tariff Waiver on Japanese Aluminum Imports Could Help

    On June 24, the Department of Commerce approved Tesla’s request “to waive 10% tariffs on imported aluminum from Japan.” On June 25 at 8:45 AM ET, Tesla stock rose 0.2% for the day in the pre-market session.

  • Elon Musk’s Fortune Is Shifting Away From Tesla and Toward SpaceX
    Bloomberg12 hours ago

    Elon Musk’s Fortune Is Shifting Away From Tesla and Toward SpaceX

    (Bloomberg) -- Early this morning at Cape Canaveral, employees of Elon Musk’s Space Exploration Technologies Corp. rejoiced.A Falcon Heavy delivered 24 satellites into three distinct orbits while the rocket’s twin boosters landed safely back on Earth almost simultaneously. Apart from the failure of the center booster to land on a drone ship in the Atlantic Ocean, the mission that Musk had described as SpaceX’s toughest test yet had been a success.Read more: SpaceX launches Falcon Heavy rocket in toughest liftoff yetThe launch underscores SpaceX’s status as one of the world’s most valuable closely held companies. It’s worth $34 billion, according to an analysis by EquityZen, a marketplace for shares of tech firms that haven’t yet gone public.While investors are clamoring for a piece of Musk’s space company, they’ve been less sanguine lately about the fortunes of his publicly traded Tesla Inc. Shares of the electric carmaker have tumbled 33% this year amid concern that consumer demand is slackening and competition stiffening.The divergence has reshaped one of the world’s biggest fortunes. Musk is the world’s 41st richest person with a net worth of $22.4 billion, according to the Bloomberg Billionaires Index. SpaceX now makes up two-thirds of his wealth, with Tesla accounting for most of the remaining third. That’s a reversal from previous years where Tesla was responsible for the bulk of his fortune on Bloomberg’s ranking.SpaceX’s success still hasn’t been enough to completely offset the decline in Musk’s wealth this year. It has dropped by $1.7 billion.\--With assistance from Dana Hull.To contact the reporter on this story: Tom Metcalf in London at tmetcalf7@bloomberg.netTo contact the editors responsible for this story: Pierre Paulden at ppaulden@bloomberg.net, ;Craig Trudell at ctrudell1@bloomberg.net, Peter Eichenbaum, Steven CrabillFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TheStreet.com13 hours ago

    Micron, FedEx, Trump-Xi, Tesla and Amazon - 5 Things You Must Know

    U.S. stock futures declined on Tuesday as investors were taking a defensive stance on risk ahead of this weekend's G-20 summit in Japan. With Donald Trump announcing a new set of sanctions on Iran, and U.S. officials downplaying expectations for a breakthrough in talks with Beijing from the upcoming G-20 meeting with China's Xi Jinping, investors appeared unwilling to reach for risk in the absence of headline drivers on trade or central bank support. Powell will be interviewed by New York Times senior economics correspondent Neil Irwin at the Council on Foreign Relations in New York at 1 p.m. ET.

  • Reuters17 hours ago

    UPDATE 4-SpaceX lifts 24 satellites into orbit after 'most difficult launch'

    A SpaceX Falcon Heavy rocket blasted off from Kennedy Space Center in Florida on Tuesday, putting 24 experimental satellites into orbit after what Elon Musk's rocket company called one of its "most difficult" launches ever. The boosters separated safely as the craft began its six-hour mission to deploy the satellites. The two side booster rockets returned safely to Earth, descending onto adjacent Air Force landing pads, but the rocket's center booster missed its mark, crashing in the Atlantic Ocean.

  • Motley Fool22 hours ago

    Corporate Boards Are Supposed to Oversee Companies but Often Turn a Blind Eye

    The consequences for board members of corporations found to violate the law and ethical norms are rare and usually minor. Here's a look at what the board is supposed to do - and sometimes doesn't.

  • MarketWatch2 days ago

    Tesla granted waiver on 10% tariffs against Japanese aluminum: report

    Tesla Inc. was granted a waiver on 10% tariffs on aluminum imported from Japan, according to a Reuters report Monday. Tesla had asked for an exemption on 10,000 tons of aluminum produced by Nippon Light Metal Co Ltd. , and had argued in an April letter that it could not acquire U.S.-made aluminum that was comparable in both the volume of the order and quality. The U.S. Commerce Department found no objections and granted the one-year exemption, Reuters said, citing a filing dated June 5. Earlier this month, Tesla was denied a waiver for 25% tariffs on Chinese-made components for its Model 3 cars.

  • If Loeb Likes Breakups, Another Target Awaits
    Bloomberg2 days ago

    If Loeb Likes Breakups, Another Target Awaits

    (Bloomberg Opinion) -- Dan Loeb wants to split up Sony Corp. to enhance its value. The company isn’t the only household name in Japanese electronics that might benefit from the treatment.Panasonic Corp. shares have dropped more than 40% over the past 12 months after a partnership with Tesla Inc. disappointed; the company forecast earnings will decline; and a restructuring plan put forward last month failed to convince investors. The firm is trading on a multiple of 3.8 times enterprise value to Ebitda, compared with a five-year average of 4.6 times.Loeb’s Third Point LLC has called for a spinoff of Sony’s semiconductor business, aiming to reduce the stock’s so-called conglomerate discount – the situation where a company is valued at less than the sum of the different businesses it owns. It’s an analysis that could equally be applied to Panasonic.Last month, the Osaka-based company released a mid-term plan that will increase its number of divisions to seven from four. Panasonic aims to shift its focus away from the automotive business, which is struggling under the shadow cast by the difficulties in its relationship with Tesla. The electronics maker also announced a series of partnerships and alliances, and estimated restructuring costs of about 90 billion yen ($840 million), according to Goldman Sachs Group Inc.Analysts say Panasonic still doesn’t have a coherent strategy, and investors clearly want more change. So could a breakup be the solution?The answer from a sum-of-the-parts analysis is a clear: maybe. If Panasonic listed all its business segments separately and they traded at the mid-point of their peer-group ranges of between 4 times and 9 times enterprise value to Ebitda, then the combined value would be 2% higher than the company’s current market capitalization of about $20 billion. At the high end of the ranges, Panasonic could increase its value by as much as 32%. At the low end, though, there’s a similar amount of downside.(1)Analysts in Japan have questioned Loeb’s proposal for Sony. While they lauded his effort to improve the company’s valuation, they also cast doubt on whether the activist investor’s proposals were feasible or made strategic sense. A Sony split may unlock value now but, as my Bloomberg Opinion colleague Tim Culpan asked, what’s the vision for the future? As Sony analysts have pointed out, Loeb has reversed course since 2013, when he recommended that the company sell part of its film unit.This uncertainty is precisely where a breakup proposal may make sense for Panasonic, though. Pulling apart its various businesses – grouped broadly under appliances, automotive and industrial systems, connected solutions and eco solutions – would enable investors to put their money where they see value and growth prospects, without being encumbered by laggard businesses.For instance, sales for the connected solutions segment rose 6.9%(2) in the 2019 fiscal year, helped by the Tokyo Olympics in 2020 and growing demand from businesses to help automate tasks. Itochu Techno-Solutions Corp., which competes in a similar business, is trading on a forward price-earnings ratio of 23 times.Panasonic thought the automotive business would drive its profitability over the past three years. Even here, running the unit separately could create more value. Panasonic has teamed up with Toyota Motor Corp. and already has partners other than Tesla. With demand for electric cars and the pace of adoption being reassessed, the company could take time to leverage its technology advantage. In the process, the segment’s rising fixed costs won’t weigh down other more profitable businesses. In fact, investors might give a standalone battery business a higher valuation, as they’ve done with South Korean battery-makers Samsung SDI Co. and LG Chem Ltd.Analysts at Credit Suisse AG downgraded the stock on Friday, noting that they see “no signs of a rebound in earnings in the near term,” and that it was unclear how the company and its profit would look after the restructuring. Earnings at the auto business, where the analysts earlier saw potential for sales growth, is unlikely to improve over the medium term, they said.There are additional reasons why a breakup should be considered. For one, the government is incentivizing spinoffs with tax breaks. Meanwhile, domestic institutional investors are becoming more activist: The rejection rate for takeover defense measures has risen over the past six years to 80.5% from 40%, according to Goldman Sachs. That’s close to the 85% rate for foreign investors.Panasonic has some thinking to do. Loeb, meanwhile, might just have a new target. --With assistance from Elaine He. (1) Sum-of-the-parts analysis for Panasonic is based on FY2019 operating profit for each segment and used the following assumptions:1. Average enterprise value to earnings before interest, taxes, depreciation and amortization for peer group of each segment.2. A range of two times above and below average multiple.(2) Includes exchange-rate effects.To contact the author of this story: Anjani Trivedi at atrivedi39@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Anjani Trivedi is a Bloomberg Opinion columnist covering industrial companies in Asia. She previously worked for the Wall Street Journal. For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Reuters2 days ago

    UPDATE 1-U.S. waives tariffs on Japanese aluminum for Tesla battery cells

    The U.S. Commerce Department has agreed to Tesla Inc's request to waive 10 percent tariffs on imported aluminum from Japan used in the manufacture of battery cells at Tesla's Nevada Gigafactory, government documents show. The Commerce Department said in a document dated June 5 and posted on a government website in recent days that the aluminum "is not produced in the United States in a sufficient and reasonably available amount or of a satisfactory quality." The waiver is good for one year. Tesla did not immediately comment.

  • U.S. waives tariffs on Japanese aluminum for Tesla battery cells
    Reuters2 days ago

    U.S. waives tariffs on Japanese aluminum for Tesla battery cells

    The U.S. Commerce Department has agreed to Tesla Inc's request to waive 10 percent tariffs on imported aluminum from Japan used in the manufacture of battery cells at Tesla's Nevada Gigafactory, government documents show. The Commerce Department said in a document dated June 5 and posted on a government website in recent days that the aluminum "is not produced in the United States in a sufficient and reasonably available amount or of a satisfactory quality." The waiver is good for one year. Tesla did not immediately comment.

  • Gigafactory in Nevada is critical to Tesla’s future
    MarketWatch2 days ago

    Gigafactory in Nevada is critical to Tesla’s future

    What Tesla (TSLA)  has built in the Nevada desert is impressive. Five years ago, the Gigafactory was merely an expanse of rocks and dirt, CEO Elon Musk bragged to shareholders on June 11. It is crammed top to bottom with automated machines, snaking assembly lines, engineering rooms, and 13,000 busy people working for Tesla and its Japanese partner.

  • Tesla Stock Is Back Above $200 — Time To Short It
    InvestorPlace2 days ago

    Tesla Stock Is Back Above $200 — Time To Short It

    Shares of Tesla (NASDAQ: TSLA) have run into some serious resistance even after after avoiding any headline risk over the past several weeks. TSLA stock seems to be stalling out after a red hot rally off the recent lows at $180. Given the ongoing cash burn and deteriorating demand, I look for Tesla stock to put on the brakes and head lower over the coming months.Goldman Sachs recently slashed their price target by 20%, citing "sustainable demand" as the key factor. In the note from June 20, Goldman dropped the price target on Tesla stock from $200 to just $158, representing a 28% discount to the $221.86 closing price of TSLA. Goldman also brought up the possibility if yet another additional-and further dilutive-capital raise.According to Tesla analysts, demand forecasts for Tesla will, once again, underperform. While CEO Elon Musk yet again predicts that sales could hit record levels, second-quarter projections point to deliveries of just 88,900 units -- well under expectations. At some point investors will likely begin to tire of the continued ability of Tesla to overpromise and under deliver.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe technicals also point to a pullback on the horizon. TSLA stock became overbought on an RSI basis. MACD also reached an extreme while momentum turned lower. The 50 day moving average at $221.86 should provide additional overhead resistance as well. Click to EnlargeUnfortunately for Elon Musk's electric car manufacturer, indicators point to the likelihood that demand will continue to be an issue for Tesla. Market saturation is a huge concern. Within the coming year, other major auto manufacturers are looking to debut their own electric cars. Additionally, some alternatives -- like the Chevy Bolt -- have already found great success and are crowding out the market's demand.Interestingly, the usually-boisterous Elon Musk has been uncharacteristically subdued as of late. And although the relative silence may have bolstered investor confidence, it seems unlikely the change will reflect a softer approach for the Tesla CEO. Instead, it appears as if Musk's focus has shifted away from Tesla, largely because he has his hands full with his other business venture, SpaceX. The SpaceX DistractionSpaceX is currently in the midst of a high-stakes lawsuit as it looks to capitalize on the ongoing politicization of the Launch Service Agreement (LSA). The LSA is the flagship space program for the Air Force. Musk is certain to be focused with the ongoing litigation to bolster SpaceX. This is especially true given the string of recent failures for the Space X program. Indeed, some have suggested the SpaceX is obstructing national security interests to secure a courtroom victory to win LSA contracts.With a potential public relations crisis brewing, Musk's apparent decision to shift his attention to SpaceX makes sense. This is even more likely given that SpaceX was recently valued to be worth more than Tesla. While Tesla investors may appreciate a less controversial CEO at the helm, at the end of the day profits matter. With demand sagging and production woes continuing, it may be time for investors to short TSLA stock on any rally.As of this writing, Tim Biggam did not hold a position in any of the aforementioned securities. Anyone interested in finding out more about option-based strategies or for a free trial of the Delta Desk Research Report can email Tim at timbiggam@gmail.com. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Telecom Stocks to Set on Speed Dial * 6 Stocks to Sell in the Back Half of 2019 * 7 Top S&P 500 Stocks of 2019 (So Far) Compare Brokers The post Tesla Stock Is Back Above $200 -- Time To Short It appeared first on InvestorPlace.

  • Report: San Jose unicorn Velodyne Lidar is exploring a 2019 IPO
    American City Business Journals2 days ago

    Report: San Jose unicorn Velodyne Lidar is exploring a 2019 IPO

    San Jose-based lidar pioneer Velodyne LiDAR has reportedly hired four bankers to help the company go public, possibly as soon as this year, with a valuation of $1.8 billion.

  • Is the Dreaded ‘Synchronized Global Slowdown’ Back on the Table?
    Market Realist2 days ago

    Is the Dreaded ‘Synchronized Global Slowdown’ Back on the Table?

    In December 2017, we saw a sharp rally in almost all asset classes as markets started pricing in what many called “synchronized global growth” for 2018. However, as 2018 started drawing to a close, fears of a synchronized global slowdown hit markets. All leading economies were expected to grow at a slower pace in 2019 as compared to 2018.

  • Benzinga3 days ago

    Bulls And Bears Of The Week: Tyson, Tesla, Crocs And More

    Benzinga examined prospects for many investor favorite stocks over the past week. U.S. stocks finished higher for a third straight week, including new highs for the Dow and the S&P 500, bolstered by mid-week signals from the Federal Reserve. While the Fed opted to hold steady on interest rates with a reiteration that the economy remains strong, it did intimate that it is open to an interest rate cut before the end of the year.

  • Tesla’s second-quarter sales are as good as it gets, Goldman Sachs says
    MarketWatch3 days ago

    Tesla’s second-quarter sales are as good as it gets, Goldman Sachs says

    Tesla Inc. may sell about as many vehicles in the second quarter as Wall Street is predicting, but that would be the year’s high-water mark for the Silicon Valley car maker, analysts at Goldman Sachs said in a note Thursday.