|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||218.10 - 227.20|
|52 Week Range||176.99 - 387.46|
|Beta (3Y Monthly)||0.03|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||282.26|
Tesla CEO Elon Musk reportedly emailed employees motivating them to set a new delivery milestone. Former GE Vice Chair Beth Comstock discusses with Yahoo Finance's Zack Guzman and Sibile Marcellus on "YFi PM."
US has tariffs on $250 billion worth of Chinese products with the remaining $325 billion worth of goods (cover the rest of China???s total exports to the US) being threatened, sitting in limbo taunting China.
Hochholdinger, a former production executive at Volkswagen AG, is the latest high-profile executive to leave Tesla in the past two years as the automaker struggles to ramp up production of Model 3, which is seen as crucial for its long-term profitability. At Volkswagen, Hochholdinger spent 22 years supervising the production of Audi A4, A5 and Q5 models. Both Tesla and Hochholdinger did not respond to requests for comment.
Tesla certainly has its share of haters, with short-sellers continuing to pile into the stock, but when it comes to the crypto community, Elon Musk’s still the man, according to a recent report from Abra.
On Wednesday, Tesla shares ticked up 0.5% to $220.85 but they are still down 29% this year, compared to a 19.5% return for the Nasdaq. In April, Tesla projected that it would deliver between 90,000 and 100,000 vehicles this quarter, but many view that forecast as overly sunny. For the first quarter, Tesla pinned its delivery weakness on unforeseen difficulties in delivering vehicles to Europe and China and a bottleneck late in the quarter, which shoved off some deliveries into the second quarter according to Tesla.
Wall Street predicts slightly lower U.S. new-car sales in June, with sales incentives propping up the market.
Electrek reported Wednesday that Peter Hocholdinger, Tesla Inc (NASDAQ: TSLA )'s head of production at Fremont factory, is no longer working for the automaker. Hochholdinger was hired by Tesla in 2016. ...
As shown in the accompanying graph, the S&P 500, including dividends, has been underperforming the so-called Total Market Index for over 18½ years. The total market in the U.S. consists of approximately 3,600 listed companies: large-cap, microcap, and everything in between. For this reason, the accompanying graph plots specific mutual funds that any investor could have easily purchased.
Big automakers are slowly but surely catching up with Tesla in their attempt to make better and more sustainable electric vehicles, and one type of battery seems more ‘solid’ than others
In the week ended June 21, Tesla (TSLA) continued to trade on a positive note for the third week after settling in the negative territory for the previous four weeks. Last week, Tesla stock inched up by 3.2%. While its stock has risen by 20.8% in June so far as of Monday’s closing, it was still trading with massive 32.8% year-to-date losses.
In March 2018, US President Donald Trump tweeted, “Trade wars are good, and easy to win.” The basic premise behind this assumption is the massive trade deficit that the US runs with almost every major trading partner.
Reports previewing Tesla’s coming quarterly delivery report fueled some investors’ optimism about demand for the company’s vehicles. “Tesla has become the ultimate ‘prove me’ stock and it all must start with a good second-quarter delivery unit number,” one analyst writes.
It’s been a brutal year for Tesla, Inc (NASDAQ: TSLA ), and one analyst said on Wednesday he's lowering expectations for next week’s second-quarter Tesla deliveries numbers. The Analyst Wedbush analyst ...
Following the positive trend in the broader market, auto stocks rallied last week. In the third week of June, General Motors (GM), Fiat Chrysler Automobiles (FCAU), Tesla (TSLA), and Ferrari (RACE) surged 3.5%, 4.7%, 3.2%, and 6.1%, respectively. Meanwhile, Ford Motor Company (F), Toyota (TM), and Honda (HMC) rose 0.1%, 0.4%, and 2.0%, respectively.
Last month, US President Donald Trump increased tariffs on $200 billion worth of goods from China, accusing China of reneging on its previous commitments. President Trump sees China—and other trading partners, for that matter—ripping the US apart in terms of trade.
On June 26, the US index futures were pointing toward a positive market opening. Treasury Secretary Steven Mnuchin hinted toward a possible US-China trade deal.
He’s the latest in a revolving door of executives who have now quit the Palo Alto automaker, which is famous for its punishing deadlines, steep expectations and demanding CEO.
In a leaked email, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said the electric carmaker is near to setting a record vehicle delivery number for a single quarter, and said delivery logistics are key, according to Business Insider. "We already have enough vehicle orders to set a record, but the right cars are not yet all in the right locations," Musk reportedly said. Wedbush analyst Dan Ives maintained a Neutral rating on Tesla with a price target of $230.
(Bloomberg) -- Tesla Inc. could be on the verge of a quarterly record for vehicle deliveries, though the electric carmaker will need to go “all out” in the last few days of the month, Chief Executive Officer Elon Musk wrote in an internal memo.“There is a lot of speculation regarding our vehicle deliveries this quarter,” Musk told employees in an email Tuesday. “The reality is that we are on track to set an all-time record, but it will be very close. However, if we go all out, we can definitely do it!”Tesla shares have slumped 34% this year, in part due to concern about demand that Musk has repeatedly downplayed. The company has forecast it will deliver 90,000 to 100,000 cars in the second quarter after handing over just 63,000 vehicles to customers in the first three months of the year. The stock rose as much as 1.8% as of 9:50 a.m. Wednesday in New York.A Tesla representative didn’t respond to a request for comment. The company’s previous best for quarterly deliveries was 90,700 vehicles in the last three months of 2018.“We already have enough vehicle orders to set a record, but the right cars are not yet all in the right locations,” Musk wrote. “Logistics and final delivery are extremely important, as well as finding demand for vehicle variants that are available locally, but can’t reach people who ordered that variant before the end of the quarter.”Amid all the attention on Musk’s delivery push, the CEO may have lost a member of his executive team within another key area of the business. Peter Hochholdinger, the head of production in charge of all vehicle manufacturing at Tesla’s factory in Fremont, California, has left the company, Electrek reported. Tesla hired him away from Audi in 2016.Still SkepticismAnalysts’ average price target for Tesla shares has slumped to $269.39 from $342.84 at the beginning of this year, according to data compiled by Bloomberg. Sixteen analysts recommend selling the stock, compared with eight holds and 12 buys.Some of Tesla’s skeptics, including Goldman Sachs’s David Tamberrino, are cautioning that while deliveries may beat the low end of the company’s guidance for the second quarter, the strong showing may not be sustainable. The U.S. federal tax credit that Tesla’s Model 3, Model S and Model X will be eligible for shrinks to $1,875 as of July 1, from $3,750.“We believe a downward path for shares will resume as it becomes more clear that sustainable demand for the company’s current products are below expectations,” Tamberrino wrote in a report last week.Musk, who turns 48 this week, is going to keep on pushing. When asked by a Twitter follower Tuesday what his plans were for celebrating his birthday, his reply echoed his internal email.“Working on Tesla global logistics,” the billionaire wrote.(Updates shares in third paragraph.)To contact the reporters on this story: Dana Hull in San Francisco at email@example.com;Josh Eidelson in Washington at firstname.lastname@example.orgTo contact the editors responsible for this story: Craig Trudell at email@example.com, Angus WhitleyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Tesla Inc's vice president of production at its Fremont factory, Peter Hochholdinger, has left after three years with the electric-car maker, a source familiar with the matter told Reuters. Hochholdinger, a former production executive at Volkswagen AG, is the latest high-profile executive to leave Tesla in the past two years as the automaker struggles to ramp up production of Model 3, which is seen as crucial for its long-term profitability. At Volkswagen, Hochholdinger spent 22 years supervising the production of Audi A4, A5 and Q5 models.
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. 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. Musk reiterated on Tuesday that the company has enough orders to set a quarterly record for vehicle deliveries, according to a leaked email cited by Bloomberg https://bloom.bg/2Fz9xcX.