TSLA - Tesla, Inc.
| Previous Close | 330.37 |
| Open | 335.00 |
| Bid | 336.78 x 800 |
| Ask | 336.96 x 1100 |
| Day's Range | 334.77 - 338.86 |
| 52 Week Range | 176.99 - 379.49 |
| Volume | 6,734,556 |
| Avg. Volume | 8,273,007 |
| Market Cap | 60.497B |
| Beta (3Y Monthly) | 0.58 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -4.77 |
| Earnings Date | Jan 28, 2020 - Feb 3, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 283.48 |
- Autoblog
Elon Musk defamation trial in homestretch, jury may get case Friday
LOS ANGELES — Elon Musk arrived on Friday at a federal court in Los Angeles looking relaxed in a dark-colored suit, as a trial over whether the Tesla founder defamed a British cave explorer with tweets suggesting he was a pedophile approached its end. Lawyers for Musk and the cave explorer Vernon Unsworth are expected to deliver closing arguments later in the day, and the three-man, five-woman jury is expected to begin deliberating shortly afterward. Jurors must decide unanimously whether Musk, 48, defamed Unsworth with three July 15, 2018 tweets, and if so how much the billionaire must pay in damages.
- Autoblog
China-built Tesla cars secure subsidies
Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker's push into the world's biggest auto market. China's industry ministry had earlier said Tesla's Model 3 cars, being built at its new $2 billion factory in Shanghai, were on a list recommended for subsidies for new energy vehicles (NEVs), which include plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells. Tesla said in a statement the subsidies had been secured.
- Reuters
US STOCKS-Wall Street jumps on strong jobs data, trade hopes
The Dow and the Nasdaq looked set to post declines from last Friday's close. Of the 11 major sectors of the S&P 500, all but utilities were trading in positive territory, with energy , financials and trade-sensitive industrials enjoying the largest percentage gains.
- MarketWatch
Tesla stock ‘bull case’ is $500 at Morgan Stanley
Morgan Stanley analysts see a best-case scenario for Tesla where the stock zooms to $500 — but they are not saying buy it.
- Reuters
UPDATE 1-Elon Musk defamation trial in homestretch, jury may get case Friday
Elon Musk arrived on Friday at a federal court in Los Angeles looking relaxed in a dark-colored suit, as a trial over whether the Tesla founder defamed a British cave explorer with tweets suggesting he was a pedophile approached its end. Lawyers for Musk and the cave explorer Vernon Unsworth are expected to deliver closing arguments later in the day, and the three-man, five-woman jury is expected to begin deliberating shortly afterward. Jurors must decide unanimously whether Musk, 48, defamed Unsworth with three July 15, 2018 tweets, and if so how much the billionaire must pay in damages.
- Oilprice.com
Morgan Stanley: Tesla Stock Could Hit $500
Tesla’s share price could soar to $500 if the company manages to both get its Gigafactory to perform and sell a lot of cybertrucks
- Benzinga
Today's Pickup: Seattle-Based Shipium Lands $2M Seed Round
Good day, Seattle-based logistics startup Shipium raised a $2 million seed round led by PSL Ventures, the venture arm of Seattle startup studio Pioneer Square Labs, GeekWire reported. Founded by two ex- ...
- Barrons.com
Tesla Stock Could Be Worth $500, but Don’t Buy It, Analyst Says
Morgan Stanley analyst Adam Jonas increased his “bull case” stock-price target for Tesla to $500 from $440, but his overall target is well below the shares’ current level.
- Investor's Business Daily
Tesla Stock Climbs On Bullish Cybertruck Outlook, China Optimism
Tesla stock moved up Friday as a Wall Street equity analyst raised the high-end estimate of his price target to account for the newly unveiled Cybertruck and a more optimistic scenario in China.
- Investor's Business Daily
Stock Market Jumps On Strong Jobs Report; Apple Hits Record High
The major stock indexes jumped at the stock market open after a strong jobs report. Tesla accelerated higher after its bull case price target was upped to 500.
- Benzinga
Morgan Stanley Raises Tesla's Stock Bull Case On China, Cybertruck Opportunities
Tesla Inc (NASDAQ: TSLA) skeptics are beginning to envision a path forward for the disruptive automaker. Jonas and Sinkevicius raised their bull-case value to $500 to reflect Tesla’s product and geographic developments. The company’s best-case scenario, according to Morgan Stanley, sees 100,000 Cybertruck sales at an average $50,000 by 2024.
- Investing.com
Stocks - Tesla, Crowdstrike Rise Premarket; Uber, Zoom Video Fall
Investing.com -- Stocks in focus in premarket trade on Friday, 6th December.
- Benzinga
Benzinga Pro's Top 5 Stocks To Watch For Fri., Dec. 6, 2019: TSLA, ONTX, XHB, BIG, SFIX
Benzinga Pro's Stocks To Watch For Friday Tesla (TSLA) - Morgan Stanley analyst Adam Jonas raised his bull-case price target on the stock from $440 to $500. The analyst maintains an Equal-Weight rating ...
- Benzinga
Tesla Model 3s Can Earn Subsidies In China
Tesla Inc (NASDAQ: TSLA ) traded up 1.8% Friday on reports that Model 3s produced at its Shanghai plant would qualify for Chinese subsidies. China’s Ministry of Industry and Information Technology included ...
- Zacks
Autonomous Vehicles Aim New Highs With Driverless Tests
Alibaba (BABA)-backed AutoX applies for testing its self-driving vehicles, without in-car driver backup, thereby stirring competition in the autonomous-vehicle tech space.
- TheStreet.com
Here's How Tesla Can Get to $500 a Share
The potential success of the company's new cybertruck and profitability in China could give Tesla room to run, an analyst says.
- Investor's Business Daily
Dow Jones Futures Rise Before Jobs Report: Tesla Gets $500 'Bull' Target; DocuSign Surges On Earnings
Dow futures: The stock market rally is acting well going into Friday's jobs report. Tesla, DocuSign, Okta, Zoom and Ulta Beauty led movers late.
- Barrons.com
The Dow Looks Ready to Rise on Hopes Jobs Growth Has Returned
U.S. stock futures rose on Friday on expectations the government will report that the jobs market is on the mend.
- Financial Times
Tesla is worth $10, $250 or $500
Alphaville is a big fan of Morgan Stanley equity analyst Adam Jonas. Over the years, Jonas’s commentary on electric car company Tesla has kept us amused, as you might have noticed back in May when we recounted his greatest hits. This note was an update to the Jonas bull-case for Tesla, with a price target raise to $500 under his best-case scenario.
- MarketWatch
Morgan Stanley's Jonas says the bull case on Tesla is $500 per share
Morgan Stanley kept a $250 price target and equal-weight rating on Tesla but said the bull case is now $500 per share rather than $440. Analyst Adam Jonas said the newly unveiled Cybertruck and a more optimistic scenario in China accounts for the better upside. The bear case, however, is still $10. "To be clear, we are not bullish on Tesla longer term, especially as, over time, we believe Tesla could be perceived by the market more and more like a traditional auto OEM; we are prepared for a potential surge in sentiment through the first half of 2020 but question the sustainability," he wrote. Tesla closed Thursday at $336.
- Reuters
China-built Tesla cars secure new energy vehicle subsidies
Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker's push into the world's biggest auto market. China's industry ministry had earlier said Tesla's Model 3 cars, being built at its $2 billion factory in Shanghai, were on a list recommended for subsidies for new energy vehicles (NEVs), which include plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells. Tesla said in a statement the subsidies had been secured.
- Reuters
UPDATE 2-China-built Tesla cars secure new energy vehicle subsidies
Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker's push into the world's biggest auto market. China's industry ministry had earlier said Tesla's Model 3 cars, being built at its $2 billion factory in Shanghai, were on a list recommended for subsidies for new energy vehicles (NEVs), which include plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells.
- Bloomberg
Tesla’s Made-in-China Cars to Qualify for Subsidies There
(Bloomberg) -- Tesla Inc.’s made-in-China sedans qualified to receive subsidies in the country, a potential boon for Elon Musk’s carmaker as it prepares to start selling locally-built models in the world’s biggest market for electric vehicles.The company’s Model 3 sedan was included in a list of qualified models published by China’s Ministry of Industry and Information Technology Friday. That means buyers will get a subsidy of as much as about 25,000 yuan ($3,550) from the government. Tesla said in October the vehicles will be priced from about $50,000 in China.The company has said it’s planning to start delivering made-in-China Model 3 cars before late January as it nears the start of mass production at its new Shanghai plant, its first outside the U.S.A Tesla representative in China also confirmed the company’s locally built vehicles have been approved for subsidies. While the government has been scaling back electric-vehicle handouts, certain support measures still exist as the country seeks to move toward cleaner energy and reduce reliance on imported oil.The China plant will be a crucial test for Musk as he seeks to prove the carmaker can sustain profitability. The Shanghai Gigafactory, which broke ground in January, will initially build Model 3 sedans that will compete with electric cars from local contenders such as NIO Inc. and Xpeng Motors, as well as global manufacturers including BMW AG and Daimler AG.To contact Bloomberg News staff for this story: Chunying Zhang in Shanghai at czhang714@bloomberg.netTo contact the editors responsible for this story: Young-Sam Cho at ycho2@bloomberg.net, Ville Heiskanen, Reed StevensonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
