TSLA Mar 2020 315.000 put

OPR - OPR Delayed Price. Currency in USD
80.80
-6.71 (-7.67%)
As of 10:38AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close87.51
Open80.80
Bid80.40
Ask81.10
Strike315.00
Expire Date2020-03-20
Day's Range80.80 - 80.80
Contract RangeN/A
Volume2
Open Interest7
  • Why Tesla Seems to Be Struggling with Q3 Deliveries
    Market Realist

    Why Tesla Seems to Be Struggling with Q3 Deliveries

    Tesla (TSLA) delivered a record 95,200 vehicles in Q2 2019. Starting in 2020, Tesla cars won't be eligible for the federal tax credit.

  • Reuters

    Elon Musk says 'pedo guy' tweet did not suggest British cave diver was pedophile

    Elon Musk on Monday said he did not intend to accuse a British diver of pedophilia by branding him a "pedo guy" on Twitter, as the Tesla Inc chief executive sought to dismiss a defamation lawsuit. Musk posted the tweet, for which he later apologized, after Vernon Unsworth accused Musk in a CNN interview of grandstanding by offering to help Unsworth's diving team rescue 12 boys and their soccer coach from a Thailand cave in July 2018. Unsworth sued two months later in Los Angeles federal court, saying Musk falsely branded him a pedophile and child rapist.

  • Is GM Stock A Buy Now As GM Strike Begins? General Motors Earnings, Chart Say This
    Investor's Business Daily

    Is GM Stock A Buy Now As GM Strike Begins? General Motors Earnings, Chart Say This

    General Motors is focusing on profitable SUVs now and self-driving cars for the future. But a new GM strike adds to challenges. Is GM stock a buy now? Take a look under the hood.

  • NIO Stock Headed Into Wild Action Soon
    InvestorPlace

    NIO Stock Headed Into Wild Action Soon

    Management will soon have the opportunity to give Nio (NYSE:NIO) stock the push it needs to trigger a continuation rally so it can dig itself out of this hole, but it won't be easy.Source: xiaorui / Shutterstock.com Thanks to companies like Tesla (NASDAQ:TSLA) and NIO, e-cars are gaining momentum on the internal combustion engine. For decades the idea was silly, and for some reason manufacturers made their electric cars look odd. * 7 Tech Stocks You Should Avoid Now Now the cars are gorgeous. As a result, the electric car market is growing rapidly and gaining serious momentum. Even the major global auto manufacturers are joining the e-car movement. Most notably Porsche with its Taycan debut.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNIO operates in China, which is a huge market for electric vehicles. While it is growing its business, however, its stock has gone the wrong way. Sporadically, NIO stock rallied fiercely especially after a TV special that propelled the stock to almost $11 per share, only to fail miserably mere hours later. Now, six months later, the NIO stock price is 70% lower and mired just above its all-time lows.From here, it is best to only trade Nio stock. Otherwise, one has to own it for the really long-term hopium of a comeback. For that there are two necessary assumptions. The first is that electric cars in general will succeed in becoming mainstream. This will probably require the help of legislation on the global level and there are signs that this is possible. The second assumption is that NIO stock will succeed in its own mission inside the overall market success.For shorter-term, there are clues for trading the stock from the charts. In my last write-up, I noted that the NIO stock was broken but the company still had a chance. While this is true, it is little consolation for those stuck in the stock from higher levels. But if someone hung on this long there is more upside potential than downside risk, so it's probably too late to exit now.There is an earnings report coming soon which adds another temporary layer of risk as recent reactions to those have been negative on Wall Street. NIO Stock Headed Into Wild Action SoonSour investment sentiment alone is not an indication of doomsday forecast for the company. Case in point: TSLA stock is also miles away from its highs and so far the company is still executing on its expansion plans. So NIO stock woes are not necessarily a sign of a dying company. But it is important that management delivers some good operational news so that investors don't capitulate out of the stock in a week when they report earnings.Meanwhile, September has been good for NIO stock as it bounced hard off of the $2.60 per share low. This also marks the point of control for the period, meaning that this is where buyers and sellers fought the hardest, so it is supported until proven otherwise.Unfortunately the NIO stock price is now headed into resistance because of a price cluster near $3.50 per share. If I'm not yet long the stock, I would wait until the bulls are able to push prices above that before chasing it. This is also a place to book some profits for those long off the $2.50 base.Depending on what happens today with the news from Saudi Arabia and how it affects oil and electric car stock prices, there could be technical opportunity in NIO stock. If the bulls are able to establish the $3.20 as a base, they could extend this rally to retest $4 which was a recent failure point from early July. Otherwise, I expect another dip to establish a better base closer to $3 per share. Nio Stock Bottom LineThis is just part of normal price action in any stock and says nothing about NIO itself. So the best way to trade its stock here is to trade off these lines that matter on the lower time frames. The idea is to wait for the breeches as they happen and chase them in that direction.The alternative would be for investors to buy NIO on a leap of faith into the next earnings report hoping that the company gives Wall Street reasons to celebrate with a rally. Otherwise there's no guarantee that the recent lows will hold. Having a low $2.50 stock price doesn't mean it is cheap because it can go lower. Especially if management fails again in its quarterly goals. Click to EnlargeIt is important to not get emotional about an investment. For some reason, electric car stocks draw a lot of emotions on Wall Street. Using the charts helps separating feelings from strategy. There is great information in charts as price action always unfolds to historical patterns regardless of headlines. As they say, "price is truth," and in the end that's the only thing that matters here.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room for free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post NIO Stock Headed Into Wild Action Soon appeared first on InvestorPlace.

  • Electric Pickup Trucks: Could Ford and GM Outdo Tesla?
    Market Realist

    Electric Pickup Trucks: Could Ford and GM Outdo Tesla?

    In the electric pickup truck market, legacy automakers Ford and GM are set to take on established electric vehicle maker Tesla and startups such as Rivian.

  • Big-Time Break Out for Nio Stock?
    InvestorPlace

    Big-Time Break Out for Nio Stock?

    Nio (NASDAQ:NIO) has quickly and quietly rocketed off its recent lows, climbing more than 25% in just a few trading sessions. It's got many investors wondering if Nio stock is set to run even higher over the ensuing days and weeks.Source: Carrie Fereday / Shutterstock.com One year ago, Nio stock went public on the New York Stock Exchange. With many dubbing it the "Tesla (NASDAQ:TSLA) of China," it should come as little surprise that it's been a volatile ride for the all-electric car maker.While the company debuted two electric vehicles more quickly than Tesla delivered its Model S and X, it hasn't generated the same fanfare that Tesla has. A big part of that, in my view, is thanks to Elon Musk.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tesla versus NioDie-hard Tesla fans think of Musk as the saving grace to our earth. The one who will electrify the transportation market and slingshot the industry into the next century. All while fighting off short-sellers, FUD (fear, uncertainty, doubt)-writers and the evil auto and energy sectors. * 7 Discount Retail Stocks to Buy for a Recession Of course, his detractors have the exact opposite view: that he's a lying narcissist pulling the wool over investors' eyes whenever he so pleases.Then there's everyone else in between, who recognize Musk for what he is. An incredible entrepreneur who at times would benefit from putting his foot in his mouth and turning off his Twitter (NYSE:TWTR) account.Love him or hate him, embrace him or tolerate him, it's hard to argue the value Musk has brought to Tesla stock. While shares are down roughly 10% over the last five years, they're up more than 600% in six-and-a-half years. Also, TSLA is up approximately 1,000% in the last 10 years.Enough about Musk and more about Nio stock.All of this is to say that NIO doesn't have a Musk. Someone that can sell their product, that can create hype, generate headlines and get people taking notice. In a capital-intensive, low-margin business, that's exactly what a company like Nio needs. Someone who can get investors, customers and observers excited about their product.That's not to say NIO or others can't succeed without a Musk, but it makes life much easier. Trading Nio StockBoth the 20-day and 50-day moving averages are now trending higher for NIO stock. More importantly though, Nio is above downtrend resistance (blue line). Last month, this trend line squeezed Nio below $3, eventually sending it down to a low off $2.58 at the start of the month.However, that move was very important, at least as far as short-term developments go. When Nio stock bottomed at $2.58 and rallied, shares had notched yet another higher low. This is shown on the chart via purple arrows, as well as a purple uptrend line.While a series of higher lows is not necessarily a screaming buy signal, it is a bullish technical development. The only problem? The stock has been decimated over the past year. In 2019 alone, the Nio stock price is down 50%. From its highs, it's even worse, down a catastrophic 72.5%.So, what do bulls need to see now? They want to see Nio stock maintain above the 50-day and 20-day moving averages, and most importantly, not break the trend of higher lows. If shares can continue higher, $4 may be in the cards. Bottom Line on NIOThe technicals are starting to behave better for Nio stock; now it needs the fundamentals to improve as well.There are talks about a bottom in China's struggling auto market, while the company just raised $200 million in convertible debt via CEO William Li and Tencent (OTCMKTS:TCEHY). That's promising and should help fund Nio's capital-intensive business as it tries to turn free cash flow positive.Losses are still big for Nio and that's to be expected from an automaker. Again, just look at Tesla. Despite its global presence, the company still has trouble churning a positive bottom line.Speaking of its global presence though, Tesla is working to complete its Gigafactory 3 in China. While the country is the world's largest electric car market, increased Tesla competition could make it harder for Nio to win over customers.The bottom line: for those that are bullish on Nio stock, the chart is beginning to shape up. If the fundamentals improve, shares could go on a run. Below $2.50 causes concern. Remember, this is still a speculative holding.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post Big-Time Break Out for Nio Stock? appeared first on InvestorPlace.

  • Barrons.com

    Tesla Stock Has Risen This Month as Its Third-Quarter Numbers Approach

    It’s difficult to imagine a time when the conversation around shares of Tesla will be entirely drama-free. But that’s a fair description of September so far.

  • Is Tesla Bear Jim Chanos Buying Something New?
    Market Realist

    Is Tesla Bear Jim Chanos Buying Something New?

    Jim Chanos, the founder and president of Kynikos Associates, is a long-time short-seller of Tesla stock. Tesla stock has fallen 17.5% in the last year.

  • It’s Porsche Versus Tesla Facing Off in Germany’s Green Hell
    Bloomberg

    It’s Porsche Versus Tesla Facing Off in Germany’s Green Hell

    (Bloomberg) -- First there was derision. Then mockery turned into admiration. Now a battle is unfolding between two of the most revered names in the automobile world, Porsche and Tesla Inc. on one of the world’s most challenging race tracks.The two automakers are vying for electric vehicle bragging rights on Germany’s Nürburgring, a circuit with 73 tight turns (Silverstone in the U.K. has 18), changing elevations and a brutal length of more than 20 kilometers (12.4 miles) winding through a leafy forest, earning it the nickname “Green Hell.”It’s here that Porsche’s new Taycan Turbo S set the record as the fastest four-door electric car last month, clocking in at 7 minutes and 42 seconds. The feat wasn’t lost on a rival sitting thousands of miles away in California: Tesla’s CEO Elon Musk. Always one to relish a good fight, Musk picked up the gauntlet and has dispatched a Model S to the German hinterland to reclaim the bragging rights as king of the electric sedan.“We welcome competition, it helps you to get better step by step. But of course you always have to compare apples with apples,” Porsche AG Chief Executive Officer Oliver Blume told Bloomberg Friday on the sidelines of a panel discussion near the Frankfurt auto show.The epic battle between incumbent and upstart has been infused with social-media feeds that have energized die-hard fans on either side of the Atlantic. Adding to the frenzy is former Formula One racing champion Nico Rosberg, who chimed in on Twitter offering to pilot the Tesla. Musk happily accepted in a tweeted reply, but it’s unclear who actually will be behind the wheel.Porsche’s Blume said Tesla had selected another driver “who knows the Nürburgring well,” but he declined to provide a name.Musk has a lot riding on the challenge. After Porsche unveiled the Taycan Turbo and Turbo S as its first electric cars last week, he teased the brand for its nomenclature -- a turbocharger is only found in a combustion engine. Following the initial ribbing, he found more charitable words in a later tweet, acknowledging the Taycan “does seem like a good car” and its Nürburgring track time “is great.”Blume said Friday the respect is mutual, but was careful to note the Taycan’s record was achieved with a normal series production car that came straight from the assembly line and can be purchased by customers. Tesla, by contrast, has already been working for about two weeks near the track to modify a Model S for racing purposes to achieve the fastest-possible time, the Porsche CEO said.While a series version Model S wouldn’t be able to beat the Taycan’s lap time, a modified race version with tweaked suspension and brakes “could go in that direction,” Blume said. “We have a lot of respect for Tesla. They have achieved a lot and Elon Musk built this company from scratch.”The stakes are also high for Volkswagen AG‘s luxury sports car unit, which has watched Tesla turn itself into a veritable alternative for customers seeking a high-performance car but with an electric powertrain, an open flank that the Stuttgart-based manufacturer now hopes to protect with the Taycan.Musk posted on Sept. 6 that a Model S would make an appearance at the track “next week.” Indeed, a modified Model S has been spotted testing on the Nürburgring Nordschleife, according to Car and Driver, which appeared to show the car on the track as part of a general driving session open to others. The model sported flared fenders and an enlarged opening at the front, probably for extra cooling.When exactly the car might attempt to break the Taycan’s record remains shrouded in mystery. Tesla didn’t respond to a request for comment on its plans. A spokesman for the Nürburgring said Tesla has not officially booked exclusive time with the track.The Tesla-Porsche competition may be a marketing spectacle, but one that nevertheless helps to draw attention to electric vehicles, said Gene Munster, a managing partner at venture capital firm Loup Ventures and longtime Tesla bull. Munster predicted Tesla would race a souped-up version of the Model S at Nürburgring, and that it will beat Porsche’s Taycan record.“Elon wouldn’t take it to the track if they didn’t think they would win,” Munster said in a phone interview. “He’s fiercely competitive, and he loves sticking it to traditional automakers. It’s his hobby. He feels confident.”Tesla tweeted on Sept. 11 that a Model S with a new “Plaid” powertrain beat the record for the fastest four-door sedan at Laguna Seca, a race track near Monterey, California, though the time wasn’t achieved during a competitive event and hasn’t been endorsed by the raceway.Pushing the round below 10 minutes is the ambition of all Nürburgring daredevils. The track is open to both professional and amateur drivers, and the fastest time with a street-legal sports car was 6 minutes and 44 seconds, performed in a Porsche GT2 RS MR on Oct. 25 last year, according to the circuit’s website. That’s an average speed of 185 kilometers an hour for the 20.8 kilometer stretch.(Updates with comments from Porsche CEO in second paragraph)\--With assistance from Hayley Warren and Oliver Sachgau.To contact the reporters on this story: Elisabeth Behrmann in Frankfurt at ebehrmann1@bloomberg.net;Dana Hull in San Francisco at dhull12@bloomberg.net;Christoph Rauwald in Frankfurt at crauwald@bloomberg.netTo contact the editors responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net, Benedikt Kammel, Chester DawsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Tesla’s Range: Can It Outpace the Competition?
    Market Realist

    Tesla’s Range: Can It Outpace the Competition?

    Tesla (TSLA) has maintained an edge over its competition, highlighted by its robust range. Depending on the model, Tesla EVs offer ranges of 240–370 miles.

  • T. Boone Pickens Saw How Fast Energy Markets Could Change
    Bloomberg

    T. Boone Pickens Saw How Fast Energy Markets Could Change

    (Bloomberg Opinion) -- T. Boone Pickens, the legendary American oil entrepreneur who died this week at 91, was known for his aggressive corporate plays in the 1980s and the oil and gas investing strategies that earned (and sometimes lost) him billions since the 1990s. He also had a vision for America’s energy future. His 2008 Pickens Plan thoughtfully delineated which resources needed to flow, and where, to make the U.S. energy-independent.Last week, as it happened, I was at Pickens’s Mesa Vista Ranch to talk to investors and industry executives about how fast the energy system is changing, thanks to new technology — some of it envisioned by Pickens, and some not. Reflecting now on Pickens and his plan, I’m struck, first, by his boldness in imagining a changed energy future and, second, by how quickly things shifted in ways even such a visionary could not foresee.At almost the exact moment the Pickens Plan debuted, oil prices hit their all-time peak of $147 a barrel. They’re now hovering about $90 a barrel lower.As Pickens mentioned in his whiteboard presentation, the U.S. was then importing most of the oil it consumed. U.S. production amounted to a little over 5 million barrels a day. Since then, thanks to the hydraulic fracturing revolution, oil production has more than doubled.And natural gas production has risen almost 60%.In 2008, as Pickens noted, half of America’s electricity supply came from coal, a share that has since fallen to 27%. In the Pickens Plan, wind and nuclear power were expected to displace gas-fired power, so that gas could be shifted into transportation. Solar energy and electric vehicles were not even mentioned. Now, both natural gas and wind have become alternatives to coal, while the biggest disruption for oil has been new technology in the oil business itself.Pickens got the wind industry wrong, by his own rather salty admission. But, that’s not a criticism of his plan. (As he pointed out, he wasn’t really wrong, just early.) It’s a testament to the man’s forward thinking that he could see natural gas as an alternative to oil, and wind as a major source of power. A new research paper from the World Economic Forum has an elegant framework for thinking about such energy transitions: They differ according to whether you consider the big picture of global supply and demand, or the change that happens at the margins of both. The authors describe these two narratives as “gradual” and “rapid.”The gradual narrative, the authors say,… is that the energy world of tomorrow will look roughly the same as that of today. Gradual scenarios extrapolate current patterns of policy, industry, consumption and investment, thus supporting planned carbon-intensive investment decisions and implying that the global energy system has an inertia incompatible with the Paris Agreement.The rapid narrative, on the other hand,… is that new energy technologies are rapidly supplying all the growth in energy demand, leading to peak fossil fuel demand in the course of the 2020s. Rapid scenarios suggest that current technologies and new policies will reshape markets, business models and patterns of consumption, challenging planned carbon-intensive investment and leading to a low-carbon global economy while creating considerable economic and social benefits.The difference is explained by the fact that total global energy supply is immense and grows only about 1 to 2% per year. In 2017, total primary energy supply was 13,475 million metric tons of oil equivalent; the change in supply was 246 million metric tons of oil equivalent. A focus on the former makes it hard to see not only that change is happening but also that change is possible.Last year’s growth in supply was unusually high, but more than a third of it came from renewable energy. If total supply had grown only as much as it did in 2015, then renewables would have been all new supply. In other words, the implications of rapid change are significant. No one sets out to get things wrong, of course, least of all Pickens, who spent $100 million of his own money on his plan. Some questions have yet to be answered — and big changes are underway — even in large and established systems like energy. Rapid changes are happening even faster than their proponents expected.Pickens was also an avid Twitter user to the very end. Seven years ago, the recording artist Drake tweeted that “The first million is the hardest.” Pickens, who had made and lost far larger amounts many times over, had this response:Weekend readingJoe Nocera bids fond farewell to T. Boone Pickens.We are in the era of four gas mega-players, says Nikos Tsafos — Russia, the U.S. and Qatar as exporters, and China as importer.The shipping industry’s dream of carbon neutrality is drifting away.Investment manager David Swensen made Yale fabulously rich.In markets gone mad, investors find rare comfort in data science.Karl Smith has some good news about income inequality.WeWork’s planned IPO marks the end of the unicorn era.Felix Salmon outlines MIT’s expanding Jeffrey Epstein scandal.Insurers are dropping home coverage in Berkeley, California, due to fire risk.A new poll finds that Democrats and Republicans both say humans are causing climate change, though they differ in their certainty about human causes.Last month, Porsche set a four-door electric car record at the Nürburgring. Tesla now plans to beat that record, with former Formula One champion Nico Rosberg driving.To contact the author of this story: Nathaniel Bullard at nbullard@bloomberg.netTo contact the editor responsible for this story: Mary Duenwald at mduenwald@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Nathaniel Bullard is a BloombergNEF energy analyst, covering technology and business model innovation and system-wide resource transitions.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Could Nio Be a Better Buy than Tesla?
    Market Realist

    Could Nio Be a Better Buy than Tesla?

    I’ve been pounding the table for a while on Nio (NIO) stock as a viable alternative to the rather richly priced Tesla (TSLA).

  • TheStreet.com

    History of Tesla: Timeline and Facts

    To some people, they make fancy toys for the smug rich. Others think they're going to save the world. Either way, you've almost certainly heard of a little company called Tesla.

  • Robotaxis: Voyage versus Ford, Waymo, and Tesla
    Market Realist

    Robotaxis: Voyage versus Ford, Waymo, and Tesla

    Autonomous ride-sharing and robotaxi startup Voyage has raised about $31 million in the Series B round, according to its press release.

  • Here’s Why Tesla Bulls Are Having a Nightmare
    Market Realist

    Here’s Why Tesla Bulls Are Having a Nightmare

    Tesla stock is having a terrible run this year. Based on yesterday’s closing prices, the stock is down 26.1%, while the S&P; 500 has risen 20.0%.

  • The Zacks Analyst Blog Highlights: Tesla, IAA, Fox Factory and General Motors
    Zacks

    The Zacks Analyst Blog Highlights: Tesla, IAA, Fox Factory and General Motors

    The Zacks Analyst Blog Highlights: Tesla, IAA, Fox Factory and General Motors

  • What Happened After Walmart Sued Tesla
    InvestorPlace

    What Happened After Walmart Sued Tesla

    Two weeks ago, Walmart (NYSE:WMT) sued Tesla (NASDAQ:TSLA).Source: fotomak / Shutterstock.com The complaint, filed in New York state court, accuses Elon Musk's company of "widespread, systemic negligence" that caused Tesla's solar panel systems to spark fires at "no fewer than seven Walmart stores."The lawsuit may not inflict much direct economic harm on Tesla, but the company's reputation could suffer a serious blow from the fact that its giant corporate customers are litigating and griping.InvestorPlace - Stock Market News, Stock Advice & Trading TipsShortly after Walmart filed suit, for example, Amazon (NASDAQ:AMZN) complained that a blaze on the roof of one of its Southern California warehouses also involved a Tesla solar panel system. Tesla called it "an isolated incident."Unfortunately for Tesla, these "isolated incidents" are piling up like kindling around a funeral pyre. Tesla's Trouble Could Benefit SunPowerAccording to the Better Business Bureau, Tesla takes the grand prize for most customer complaints per solar megawatt installed. During the last year, the Bureau received an average of 20 customer complaints per 10 megawatts of solar capacity installed by Tesla. * 7 Discount Retail Stocks to Buy for a Recession That number of complaints was more than seven times the number of complaints about SunPower (NASDAQ:SPWR).Not surprisingly, as customer lawsuits and complaints accumulate around Tesla, its growth trajectory is atrophying. Even prior to the Walmart lawsuit, Tesla's solar operations had been losing market share and gaining negative press. In fact, Tesla's solar installations have been trending lower for several years, even though the total volume of U.S. solar installations has been growing.Meanwhile, the company's more well-known electric vehicle business is also facing a series of setbacks and skeptics. Tesla stock is down 35.1% over the past two years.Against this backdrop of dwindling installations, the Walmart lawsuit is unwelcome news for Tesla. Walmart has been a major customer. It has leased roof space at 240 stores to Tesla to install and operate solar systems.Clearly, Tesla will not be signing up a 241st Walmart rooftop any time soon. On the contrary, Walmart is already signing new installation agreements with alternative solar system providers … including SunPower.I recommended SunPower stock to my subscribers in the July issue of my newsletter, Fry's Investment Report -- and those shares have already made peak gains of better than 30%.It is probably no coincidence that Walmart struck a new installation contract with SPWR stock last year, soon after Tesla's solar panels began detonating on the retailer's rooftops. Specifically, Walmart contracted with SunPower to install solar systems at 21 sites in Illinois -- 19 stores and two distribution centers.Contract "wins" like these are a big part of the reason why SunPower's solar deployments are ramping up so significantly. SunPower stock is already the No. 1 provider of solar systems to U.S. commercial and industrial customers like Walmart and Target (NYSE:TGT).In other words, Tesla's troubles in the solar industry can be nothing but good news for SPWR stock - and the Fry's Investment Report portfolio.Along with Tesla there are a lot of companies out there jumping on the solar bandwagon, and there is clearly a lot of investing potential here.The International Energy Agency (IEA) anticipates global spending on solar power to total $4 trillion over the next two decades -- or about $180 billion per year.But it's all about finding the right companies that offer significant long-term potential.That's why I've released an "all solar" edition of Fry's Investment Report.In it, besides SPWR stock, I share other recommendations to get investors in on this technology's profit ground floor. And I've packed it full of other research laying out my case for solar's blindingly bright future.To learn more, I strongly suggest you go here to find out how to join Fry's Investment Report.Eric Fry is a 30-year international finance expert, former hedge fund manager, and InvestorPlace's resident expert on global investment trends. He founded his own investment management firm and served as a partner several others. One of the few analysts who predicted the last big market crash, in 2007-'08, Eric showed his readers how to profit off of companies that eventually went bust. His readers could have walked away with gains like 1,415% on Countrywide Financial, 4,408% on Fannie Mae, and even 6,425% on Freddie Mac. With Fry's Investment Report, Eric's goal is to track the world's biggest macroeconomic and geopolitical events - and help investors make big gains from those emerging opportunities. Click here to learn more. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post What Happened After Walmart Sued Tesla appeared first on InvestorPlace.

  • As Huge as the EV Market Will Be, Nio Stock Isn’t Worth the Risk
    InvestorPlace

    As Huge as the EV Market Will Be, Nio Stock Isn’t Worth the Risk

    Nio (NYSE:NIO) should be a better investment than it is, but Nio stock looks as if it's going to lose the EV race in a big way.Source: THINK A / Shutterstock.com The electric car revolution is coming and investors are readying their portfolios. Not only are the quieter and cheaper to run than their combustion-engine counter parts, but they're seen as better for the environment which has helped them catch on in heavily polluted places like China.However, while electric cars themselves are destined to gain momentum over the next decade, electric car stocks are another story. Some appear to be based solely on hope for the industry rather than solid fundamentals and that's the case when it comes to Nio.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBack in March NIO stock was flying high at $10 per share as investors likened the firm to Tesla (NASDAQ:TSLA). However, the enthusiasm quickly faded after the firm's lofty future plans started to look flimsy as its earnings pointed to a much rockier future. With Nio's stock price down to just $3 per share today, you might be wondering if there's a bargain to be had-- but I'd hold off as the stock isn't all its cracked up to be. The Trouble with Nio StockWhile there will undoubtedly be a huge market for electric vehicles in China over the next few years, it's important to note that investing in NIO doesn't necessarily mean you'll get a piece of that pie. * 7 Discount Retail Stocks to Buy for a Recession As Luke Lango pointed out, there are 486 EV companies currently operating in China. Although China has a massive population and there's certainly room for more than one player, that's a lot of competition. In America there are between 20 and 30 EV firms serving the market.That means that the next few years will likely bring on the demise of quite a few Chinese EV players. More companies will fail than will make it, so you have to pick your player wisely.With those terrible odds in mind, NIO stock may not be your top pick. For one thing, the firm has elected to go with a platform outside the mainstream to run its cars.Beijing has gotten behind a standardized platform called MEB which big names like Ford (NYSE:F) and Volkswagen (OTCMKTS:VLKAY) are also supportive of. NIO has elected to go its own way with a different platform, which could create regulatory issues down the road. Recovery Depends on DeliveriesIn any case, those factors which cast a bearish shadow over NIO stock were true back in March when investors were singing the automaker's praises and bumping its share price up to $10.What brought NIO back to earth was a poor earnings release that showed vehicle deliveries were lower than expected. Since then, deliveries haven't made a meaningful improvement- July deliveries came in at just 837. August deliveries will be the true reflection of whether or not the March earnings were the beginning of the end for NIO. The company was forced to recall a number of its vehicles due to battery issues, which management said was largely to blame for the poor delivery figures in June and July. In August, management is expecting to deliver somewhere between 2,000 and 2,500 vehicles. Hitting that target would send a positive message to Wall Street and put the buy-case for NIO back on the table. However, another month of dismal deliveries says NIO is heading for rock bottom. The Bottom Line on Nio stockThere's no urgency to buy NIO stock right now. The firm is due to release its August delivery figures at the end of September and I'd wait for that to even consider adding Nio to your portfolio.However, even if the August numbers hit management's guidance, NIO is risky. It's hard to pick out a clear winner in such a large and diverse field, but choosing the one that has gone against Beijing's standardized platform seems to be a risky strategy.If you're looking to buy "the Tesla of China," perhaps you should just buy Tesla-- the firm is building its own factory in Shanghai and its cars are not subject to the 10% purchase tax that its foreign peers are weighed down by. For now, NIO is a no-go for me at least until deliveries are firmly back on track.As of this writing, Laura Hoy did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post As Huge as the EV Market Will Be, Nio Stock Isn't Worth the Risk appeared first on InvestorPlace.

  • Nio lays off dozens more in San Jose in second major round of U.S. job cuts this year
    American City Business Journals

    Nio lays off dozens more in San Jose in second major round of U.S. job cuts this year

    It's been a tumultuous year for Chinese electric carmaker Nio, which last September went public on the New York Stock Exchange. Now it's laying off dozens more in Silicon Valley.

  • Trade War on Hold as China Celebrates Mid-Autumn Fest
    Market Realist

    Trade War on Hold as China Celebrates Mid-Autumn Fest

    September 13 was China's Mid-Autumn Festival. Some investors may be expressing gratitude for the recent trade war decisions made by Jinping and Trump.

  • For Nio, the Future May Come Too Late
    InvestorPlace

    For Nio, the Future May Come Too Late

    Many people colloquially refer to Nio (NYSE:NIO) as the Tesla (NASDAQ:TSLA) of China. The term is meant to describe the company's attractive and futuristic electric vehicles. The problem is, like Tesla, Nio is running a race to long-term profitability that still seems elusive.Source: Shutterstock However, a greater concern for investors regarding Nio stock is viability, not profitability. The EV market in China is saturated and the company is lagging behind in sales. Compounding Nio's problem is that Tesla will soon produce cars in Shanghai. Tesla also has an exemption from the 10% purchase tax levied on most foreign car companies. Once that happens, it could be game over for Nio stock. Nio Has to Become a Leader in Its Home CountryThe bullish hope for Nio stock is the Chinese consumer. Although a McKinsey report confirms that China is the leading market for electric vehicles, it's reasonable to wonder just how big that market is. InvestorPlace contributor Josh Enomoto wondered the same thing when he pointed out that 35% of China's labor force works in the agricultural sector.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis makes EVs not only impractical, but also very expensive. Nio's flagship model, the ES8, lists for around $68,000. While this is a discount to Tesla, it's still hard to see that price gaining traction to an agrarian population. * 10 Battered Tech Stocks to Buy Now I expressed a different concern when I wrote about Nio stock one month ago. I pointed out that Nio is not the leader in the Chinese market despite government subsidies and a favorable regulatory environment. Without a strong presence in other markets, it's hard to see a path to profits. Just How Big Is the Electric Vehicle Market?The electric vehicle market is real and growing. However, much like when alternative energy solutions first came on the scene, mainstream acceptance is an economic, not an environmental, issue.In fact a 2017 survey conducted by Driving Tests, a driving test simulator, found that a majority of U.S. consumers across all age groups were not interested in owning an electric car. While Chinese consumers may be more accepting of electric vehicles, manufacturers are facing a reality that consumers want convenience. That's particularly valid when they are paying $68,000 for a car as they are with the Nio ES8. It's Not Just About Building CarsFor electric vehicles to gain widespread acceptance will require an entire infrastructure. This ecosystem includes safe, reliable batteries and convenient charging stations that are available in scale.Nio recently self-reported a battery recall for its ES8 vehicles. In fairness, the battery issue is an ongoing problem for many EV companies. However, the will and the money to build a scalable network of charging stations is a classic chicken-egg question.With the price of gasoline still at comparatively low levels and the threat of a recession that could bring prices even lower, it's hard to see consumers trading up to an electric vehicle, even if they really believe in the technology. Is It the Start of a Recovery or a Dead Cat Bounce?Nio stock is making a small recovery in advance of the release of its earnings report on September 24. The Nio stock price has climbed above a line of support at around $2.80. And at $3.22, it's hanging around its 50-day moving average.However, this move is happening on light volume. This supports my conclusion that traders are seeking a quick profit while they wait for the earnings report.For the past year, whenever Nio stock has broken above its 50-day moving average, the relative strength index has moved into the overbought range and the stock has quickly declined. Right on cue, the Nio stock price declined on September 11, breaking a six-day winning streak. As of this writing, it was heading for another down day. What's next for Nio Stock?In its earnings report, investors will be looking to see if the company has reversed its declining delivery numbers. Although analysts are expecting Nio to increase its revenue by 126.9% this year and 90% in fiscal 2020, those forecasts may change if Nio cannot prove that it can deliver sales.Even if Nio can reverse its declining sales numbers, what does winning look like? For all of their bravado, I believe that Nio's future may be as a buyout target. The future is bright for electric vehicles. But Nio as it presently exists may not be around to see that future.As of this writing, Chris Markoch did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post For Nio, the Future May Come Too Late appeared first on InvestorPlace.

  • The Less Big News It Makes, the More Attractive Tesla Stock Gets
    InvestorPlace

    The Less Big News It Makes, the More Attractive Tesla Stock Gets

    Markets like calm and that is particularly true when it comes to Tesla (NASDAQ:TSLA). Tesla stock often is volatile to in large part to CEO Elon Musk having a penchant for the controversial and flamboyant. Source: Sheila Fitzgerald / Shutterstock.com At one point on Wednesday, Sept. 11, Tesla stock was higher by about 5% as the shares paced for their best intraday performance in seven weeks, extending the stock's September gain to 8%.That after Tesla stock dipped 7% in August. A simple tweet from Musk noting that Tesla's flagship Model S recently set the record for fastest four-door car at the Laguna Seca Raceway seemed to be the catalyst for Tesla stock on Wednesday.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOf course, there's much more to the story than that and investors should not caught up in something as superficial as an automotive test. Much of the Tesla story is a demand/production story, meaning can the company produce cars at a rapid enough rate to meet current demand and lure more luxury car buyers away from internal combustion engines (ICE) to electric vehicles.There are signs electric vehicle demand is growing, as expected. For example, Chilean lithium producer SQM recently said it plans to invest $2.1 billion over the next five years to bolster production of the material that is a vital ingredient in the production of the ion batteries that power electric vehicles. * 7 Discount Retail Stocks to Buy for a Recession Additionally, a recent permit application with the city of Fremont, Calif., Tesla's headquarters, indicates the company is looking to build another assembly line, which could be used to manufacture the Model Y crossover vehicle slated to debut in 2020. Reasons to Cheer and Be SkepticalFew companies divide investors the way Tesla does. Twitter shouldn't be the only source of investment decisions for investors, but in the so-called "FinTwit" space, the segment of the social media platform where money managers and pundits dwell, an investor is just as likely to find some noted folks saying Tesla stock is a four-digit name in the future as they are to find someone referring to the stock by the ticker "TSLAQ" with the "Q" referencing a bankrupt company.Tesla management has previously been prone to bombastic claims regarding cash flow and production targets, so some skepticism is warranted."2019 delivery guidance remains 360,000-400,000 vehicles and management said it feels the company is self-funding and able to generate free cash flow except possibly during product launches such as the Model Y crossover next fall," said Morningstar in a recent note. "We have heard this assertion on self-sufficiency as recently as late last year and then Tesla raised capital in 2019 so we are somewhat skeptical."Conversely, the company has its supporters, including JMP analyst Joseph Osha, who rates Tesla stock "outperform" with a price target of $337, about 40% above the Wednesday, Sept. 11 close. The analyst likes Tesla's market position and views rival offerings as "weak."Speaking of market position, integral to the Tesla stock thesis is understanding what market the company operates. This is a luxury car company with comps being Lexus, BMW or Mercedes, not a mass-market maker like Chevy, Honda or Toyota."Tesla has a chance to be the dominant electric vehicle firm and is a leader in autonomous vehicle technology, but we do not see it having mass-market volume for at least another decade," said Morningstar. "Tesla's product plans for now do not mean an electric vehicle for every consumer who wants one, because the prices are too high." Bottom Line Tesla StockAt 42.37x forward earnings, Tesla stock is certainly a growth name and that would be a hurdle unto itself if value stocks continue rebounding.More specific to the Tesla stock thesis is what investors' tolerance level will be for the company's spending plans, which could require capital raises. The company is building a gigafactory in Nevada, as noted above is planning a Fremont, Calif. expansion and must effectively integrate SolarCity into its fold. None of those efforts will come cheap and they don't include new vehicle launches, such as the Tesla pickup truck.Tesla's room for growth is compelling, but the company's ability to manage the cost of that growth is something investors must be aware of going forward.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post The Less Big News It Makes, the More Attractive Tesla Stock Gets appeared first on InvestorPlace.

  • Ford, GM rev up electric pickup trucks to head off Tesla
    Reuters

    Ford, GM rev up electric pickup trucks to head off Tesla

    Large pickup trucks that tow most of the profits in to Ford Motor Co and General Motors Co are holdovers from another century - with heavy ladder frames and big internal combustion engines in the front driving the wheels in the back. Now, Ford and GM are racing to design radical new takes on their most profitable models, replacing petroleum-fueled engines with batteries in a bid to outflank Tesla Inc's plan to eclipse their brands. Ford's F-150 pickup and GM's Chevrolet Silverado are the top selling vehicles in the U.S. market.

  • Auto Stock Roundup: Ford's Europe Electric Plans, General Motors' Deal With Google
    Zacks

    Auto Stock Roundup: Ford's Europe Electric Plans, General Motors' Deal With Google

    While Ford (F) unveils lineup for EVs in Europe, General Motors (GM) collaborates with tech giant Alphabet to roll out in-vehicle technology.