|Bid||313.20 x 100|
|Ask||313.56 x 100|
|Day's Range||311.71 - 323.24|
|52 Week Range||244.59 - 389.61|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||290.32|
ENTER, STAGE LEFT, humming: I have borrowed a new 2018 Tesla Model 3 Performance ($78,000, as tested) from the factory in Fremont, Calif., and I’m now quietly tearing the hide off this switchback road in the grass-gold hills near Silicon Valley. This is the first test drive of the hotrod Tesla. In the Performance version, two motors north and south equal 335 kW (450 hp) and digitally mastered all-wheel drive, with corner-exiting acceleration that will leave average BMW M4s with a soft auf Wiedersehen.
A roundup of some of the most popular but completely untrue headlines of the week. None of these stories is legit, even though they were shared widely on social media. The Associated Press checked these out. Here are the real facts:
General Electric (NYSE:GE) and Microsoft (NASDAQ:MSFT) reported earnings and reacted in very different ways. Tesla (NASDAQ:TSLA) could be gearing up for a big move, too. Not long ago, General Electric (NYSE:GE) got the boot from the Dow Jones.
With second-quarter earnings season in full swing, we're gearing up for reports from General Motors (GM), Ford Motor (F), and Tesla (TSLA). Yet JPMorgan's Ryan Brinkman argues that only the first two are worth buying ahead of the results. Brinkman reiterated an Outperform rating on both GM and Ford, although he thinks only the former will beat consensus estimates.
Tesla TSLA and SpaceX billionaire Elon Musk and all three of the co-founders of Google’s DeepMind are among the thousands of individuals and almost 200 organizations who have publicly committed not to develop, manufacture or use killer robots. “We the undersigned agree that the decision to take a human life should never be delegated to a machine,” reads the pledge published Wednesday and organized by the Boston nonprofit Future of Life , an organization that researches the benefits and risks of artificial intelligence along with other existential issues related to advancing technology. There is also a powerful pragmatic argument: lethal autonomous weapons, selecting and engaging targets without human intervention, would be dangerously destabilizing for every country and individual,” the pledge says .
Police in Luxembourg have added two Tesla electric cars to their fleet, hoping that their rapid acceleration capacity will help them nab more criminals and speed offenders while also trimming the tiny country's carbon emissions. The purchase of the two Tesla Model S cars - which can accelerate from 0 to 60 miles per hour (97 kmph) in seconds - is part of a pilot project to move some 10 percent of the cars on Luxembourg's roads towards electric and hybrid vehicles, the Grand Duchy's transport minister said. "Police cannot use a 2CV on the motorway, they need a car that can move fast," Francois Bausch told state broadcaster RTL.
In an unprecedented move, Tesla Inc. ( TSLA) CEO Elon Musk has revealed order book statistics for his company’s cars. Amid increasing concerns that demand for Tesla’s mass-market Model 3 car may be on the decline, Musk tweeted that the company has received a total of over 7,000 new orders: 5,000 orders for the Model 3 and over 2,000 orders for the Model S and Model X. Responding to a Twitter user’s question, Musk tweeted: “Dunno where this bs is coming from. The use of word “net” by Musk indicates that the orders are after accounting for possible cancellations, according to EV portal Elektrek.
J.P. Morgan reaffirms its underweight rating on Tesla shares, saying other automakers may price their electric cars aggressively.
Rarely a day goes by that you don't read something about Tesla Inc. It is Tesla, after all. Newsworthy or not, Musk's comments have zero to do with valuing Tesla as a public company, an exercise that some of us still undertake.
Domestic automakers will suffer equally if tariffs are imposed on car imports, as a number of U.S. carmakers have their production units offshore.