|Bid||289.75 x 100|
|Ask||290.89 x 100|
|Day's Range||289.76 - 299.98|
|52 Week Range||244.59 - 389.61|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 2, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||317.04|
And its more bad news for electric automaker Tesla- shares took a plunge following a report from Bloomberg that Cal-Osha has opened an investigation into a subcontractor reportedly breaking his jaw when he was hit by a skid carrier at Tesla's assembly plant.
CNBC’s Dominic Chu reports on Tesla shares falling after a Bloomberg report on a second worker safety probe at one of the the electric car-maker’s California factories.
Investing.com - With the latest stumble of his electric car company Tesla (NASDAQ:TSLA), Elon Musk is facing another challenge, which is par for the course in his storied career as an entrepreneur.Musk was born in Pretoria, South Africa in 1971, and managed to teach himself computer programming before he was in high school. He moved to Canada to attend Queens University, but then transferred to the University of Pennsylvania, where he earned degrees in economics and physics.After a brief attempt at earning a Ph.D. in physics at Stanford University in 1995, Musk began his entrepreneurial career. In quick succession, he started Zip2, a web software company, and Xcon, an online payment company, making a fortune when they were sold.In 2002, Musk founded SpaceX, an aerospace manufacturing and space transport company. Known for its series of Falcon rockets, SpaceX is now the world's largest private producer of rocket engines.In 2003, Musk joined Tesla, working with its two founders. He soon led a critical round of financing and took a seat on the board of directors. He became CEO and chief architect in 2008, the year the company introduced its first car, the Tesla Roadster. Tesla is now producing its third vehicle, the Model X.Musk is also the founder and CEO of Neuralink, a futuristic firm whose goal is to create devices that can be implanted in the human brain in an effort to keep up with artificial intelligence.Off the job, Musk is dedicated to fighting global warming. He heads a foundation that supplies solar power energy systems to communities hit by natural disasters.He's been married and divorced thrice and is the father of five children. He's worth almost $21 billion, according to Forbes magazine.
Workplace safety regulators say they are investigating two incidents at automaker Tesla's factory in Northern California. The New York Times reported Friday that the investigations come after the Center for Investigative Reporting catalogued a series of workplace injuries at Tesla. California's Division of Occupational Safety and Health said Friday that it had opened an investigation into an unspecified incident.
Newly arrived bear on Tesla (TSLA) stock Gordon Johnson, of the boutique Vertical Group, today writes that his perusal of the company’s financial statements suggests a liquidity risk that investors have not fully appreciated. Johnson, who has a Sell rating on Tesla stock, notes that what the company pays out in capital expenditures — property, plant, and equipment — doesn’t all show up in that part of the cash flow statement, some of it is deferred for a period of time until Tesla puts equipment into service. Johnson compares figures included under accrued purchases, accounts payable, and accrued liabilities, and comes up with an estimate for “payables due on deferred Capex” that comes out to $1.385 billion.
According to Reuters, of the 24 analysts covering Fiat Chrysler (FCAU) on April 18, 2018, 46% recommended “buy,” 42% recommended “hold,” and 12% recommended “sell.” As of April 18, Fiat Chrysler had a market capitalization of ~$24 billion, which was much lower than General Motors‘ (GM), Ford‘s (F), and Tesla’s (TSLA) market caps of $53 billion, $43 billion, and $50 billion, respectively. Analysts’ 12-month target price for Fiat Chrysler was $32.43, ~33.5% higher than its market price of $24.29.
Shares of Tesla (TSLA) are down again Friday, as investors debate whether the stock's next move will be to $200 or $400, depending on Model 3 demand and production. Bernstein's A.M. (Toni) Sacconaghi, Jr. takes a look at the stock on Friday, parsing a host of issues that investors have posed in recent weeks, from its debt (perhaps an issue if the stock continues to decline) to expansion in China (potentially a long-term positive development, as the country is opening up more to foreign auto makers). Among these points, Sacconaghi also throws cold water on the hope that Tesla could be acquired by another car maker.
Would it be in everyone's best interest for current CEO Elon Musk to step down? It might. But it would be bad news to see him leave the company.
Following a remarkably bullish week in oil markets, a string of bearish news sent oil prices crashing on Friday morning before a strong rebound
Cal-OSHA reportedly opened a second probe into Tesla over an incident where a skid carrier struck a subcontractor's jaw. Cal-OSHA had recently opened an investigation into Tesla's workplace injuries after a RevealNews.org report which said the electric-car maker is mislabeling and undercounting workplace injuries. Tesla TSLA shares fell Friday after news of another California state government probe into a workplace injury days after the same agency said it would look into workplace safety at Tesla's facilities.
is being investigated by California regulators after a subcontractor broke his jaw after being struck by a piece of equipment at the company's factory in Fremont, Calif. The 30-year old man was hospitalized, Bloomberg reported, after he was struck by a skid carrier and was treated for a broken jaw and lacerations to the face. Earlier this week allegations brought by Reveal, a publication owned by the Center for Investigative Reporting, said Tesla, the electric car company, misrepresented serious injuries at its Fremont factory.
In a recent 13G filing, billionaire Chase Coleman’s Tiger Global Management disclosed a new position in Sunrun Inc. (NASDAQ:RUN), a small-cap residential solar installer. According to the filing, at the end of March, Tiger Global Management acquired 8.41 million shares of the company, which represent 7.8%. The stake makes Tiger Global one of the largest […]
J.P. Morgan reaffirms its underweight rating for Tesla shares, citing the electric car pipelines from German luxury automakers.
Days before Tesla Inc. defended its safety record this week, California began inspecting an incident involving a subcontractor who was hospitalized after a piece of factory equipment broke his jaw.
In a leaked email to staff, the Tesla founder said they should walk out of meetings “as soon as it is obvious you aren’t adding value. My favourite part of Mr Musk’s edict is its pay-off: staff should not walk out of meetings — or follow any aforementioned company rule — if doing so “would make for a great Dilbert cartoon”. Forget regulating Facebook, here’s a new way to check the tech world’s behaviour: the Dilbert test.