|Bid||0.00 x 800|
|Ask||0.00 x 3000|
|Day's Range||263.46 - 273.30|
|52 Week Range||244.59 - 387.46|
|Beta (3Y Monthly)||0.05|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 30, 2019 - May 6, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||328.32|
Barron’s senior writer Jon Swartz discusses Tesla CEO Elon Musk’s ongoing battle with the U.S. Securities and Exchange Commission and how social media companies are scrambling to remove all footage from the New Zealand massacre.
Colin Rusch, senior research analyst at Oppenheimer & Co. Inc, joins "Squawk Box" by phone to discuss the latest in the developing conflict between Tesla CEO Elon Musk and the S.E.C and how it might affect the company's stock.
Are we not understanding of what could be the immense ramifications for Tesla shareholders of the riposte filed last night by the SEC in the federal court of Alison Nathan, Southern District of New York? Right now, at this very moment, a serious jurist, Judge Nathan, is trying to decide exactly how it could be that there be not one, but two people in this country, who think they can post anything they want on Twitter, no matter what. Musk is claiming that the SEC, with its contempt citation demanding adequate safeguards prohibiting him from discussing material aspects of Tesla's business on Twitter or elsewhere, is hampering his first amendment rights.
Transportation Secretary Elaine Chao has asked for a formal audit of the FAA's approval of Boeing 737 Max 8 planes. Chao asked the agency's inspector general to audit the FAA's process. The Department of Transportation on Tuesday asked the agency's watchdog to audit the Federal Aviation Administration's approval of Boeing BA 's 737 Max 8 aircraft after two fatal crashes of the new and fast-selling planes in less than five months killed 346 people.
A pair of cryptocurrency and blockchain industry insiders made some bold predictions about the disruptive potential of blockchain technology in recent days. On Saturday, founder and CEO of Block.one Brendan Blumer tweeted that bitcoin may soon make gold obsolete as a store of value. Bitcoin prices have tanked since peaking at nearly $20,000 in late 2017, and it now trades at around $4,070.
Tesla and its CEO are facing a variety of investigations and lawsuits from government agencies, former employees, shareholders and more.
Tesla price hike delayed news is good for anyone still wanting to pick up one of the electric vehicles.Source: Shutterstock The announcement about the Tesla (NASDAQ:TSLA) price hike being delayed comes directly from the company itself. It says that there were an unusually high number of orders on Monday night that it was unable to process.The Tesla price hike delayed news means that customers wills till be able to order one of the electric vehicles before prices increase. However, the extension on the current prices won't be lasting much longer.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAccording to Tesla, it plans to no introduce the higher prices for its vehicles starting at midnight on Wednesday. That gives customers just one more chance to get the electric vehicles cheaper before the price hike goes into effect. * Top 7 Service Sector Stocks That Will Pay You to Own Them Here's the official Tweet from the company concerning the Tesla price hike delayed news."Due to unusually high volume, Tesla was unable to process all orders by midnight on Monday, so the slight price rise on vehicles is postponed to midnight Wednesday"The following are some comments from Twitter (NYSE:TWTR) users about the delay. * "But I thought demand was dwindling? That's what the bashing shorts were saying…" * "I consider this a good problem." * "I would call this a penny stock tactic but I've seen a lot more class from penny stocks."TSLA stock was up slightly as of Tuesday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Tesla Price Hike Delayed … for One Day appeared first on InvestorPlace.
Tesla Inc. tweeted Tuesday that it was postponing price increases on its vehicles, scheduled to take effect late Monday, to Wednesday due to "unusually high volume" ahead of the increases. Tesla was unable to process all orders by midnight on Monday, so the price increase, around 3% on average, is scheduled for midnight Wednesday. The shorter range Model 3 remains at $35,000. Shares of Tesla rose more than 1% on Tuesday. They are down 13% for the past 12 months, contrasting with gains around 5% for the S&P 500 index.
Elon Musk has "made a fool" of the judge overseeing the settlement case between the SEC and the Tesla CEO, CNBC's Jim Cramer says. Musk has backed U.S. District Judge Alison Nathan "into a corner," he says. Elon Musk has "made a fool" of the judge overseeing the settlement case between the Securities and Exchange Commission and the Tesla TSLA CEO, CNBC's Jim Cramer contended Tuesday.
DETROIT (AP) — U.S. securities regulators countered Tesla CEO Elon Musk's contempt-of-court defense Monday night, writing in court papers that he brazenly disregarded a federal judge's order and that one of his arguments "borders on the ridiculous."
Is the SEC Infringing Elon Musk’s Free Speech?SEC versus Elon MuskThe last month has been busy for Tesla (TSLA). During this period, the company launched a $35,000 version of its Model 3 sedan car and a lower-priced SUV—Model Y. In a tweet on
Tesla (TSLA) is eager to enter the mainstream vehicle market. It anticipates generating huge amount of cash for debt repayment.
The battle between Musk and the Securities and Exchange Commission raged on Monday through the exchange of court fillings that made a friendly handshake seem unlikely.
"Musk’s shifting justifications suggest that there was never any good faith effort to comply with the Court’s order and the Tesla Policy," SEC regulators said in a new filing this week.
Tesla Inc NASDAQ/NGS:TSLAView full report here! Summary * Bearish sentiment is moderate and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | NeutralShort interest is moderately high for TSLA with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on March 12. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold TSLA had net inflows of $296 million over the last one-month. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Staff at the automaker’s lone assembly plant in Fremont, California, spent almost three times as many days off the job because of work-related injuries and illness in 2018 as the year before, an indication of just how much strain they were under as they manufactured electric cars at scale for the first time. When taking headcount growth into account, the amount of time away per worker doubled last year, according to Tesla’s report to the Occupational Safety and Health Administration, while the overall rate of injuries per hour of work remained roughly the same as in 2017.
Elon Musk is in hot water with the Securities and Exchange Commission again. In February, the U.S. regulator asked a federal judge to hold Tesla Inc.’s (TSLA) CEO in contempt after he inaccurately tweeted Feb. 19 that the electric automaker will make around half a million cars in 2019 to his 25 million followers. The SEC wasn’t impressed, claiming that the tweet, which Musk corrected four hours later to include the term “annualized,” betrayed a legally-binding agreement prohibiting him from publishing market-moving messages on social media without them being vetted first.
The SEC maintained — as it had in a late-February request to hold Musk in contempt of court — that Musk violated their fall fraud settlement requiring counsel oversight for all tweets material to Tesla shareholders. "The pre-approval requirement was designed to protect against reckless conduct by Musk going forward," the SEC said in a filing.