|Bid||272.76 x 800|
|Ask||272.93 x 1000|
|Day's Range||269.75 - 274.84|
|52 Week Range||247.77 - 387.46|
|Beta (3Y Monthly)||-0.25|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||311.68|
Tesla is giving potential buyers the chance to get Model 3 deliveries within days instead of weeks. As first reported by Electrek, the automaker has made its inventory Model 3 vehicles available for browsing online. As Electrek noted, making inventory Model 3 cars available for sale could boost Tesla's delivery numbers for the quarter -- something the company needs after a lackluster start to 2019.
Tesla says it immediately sent a team to investigate an apparent explosion of one of its cars in Shanghai. There are no known casualties at this time, the electric car company says in a Chinese-language post on Weibo, China's version of Twitter. It's not immediately clear which Tesla model was affected.
The video, circulating on Chinese social media, shows smoke emerging from beneath a white Tesla that is parked in a parking lot. Based on current information, no one was injured," Tesla said on Weibo. Rich People’s Problems: Should you buy a Tesla to duck pollution charges?
U.S. electric vehicle maker Tesla Inc on Monday said it had sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding. The video was widely shared on China's Twitter-like Weibo, with the hashtag "Tesla self-ignites" becoming one of the most-read topics on the platform, being viewed over five million times. It showed a parked Tesla S starting to emit smoke from its bonnet before exploding and bursting into flames, damaging surrounding cars.
Musk shot back in tweets that Panasonic is the culprit by operating at a reduced pace, constraining production of Tesla’s Model 3 sedan. Tesla delivered just 63,000 cars globally in the first quarter, compared with almost 91,000 in the previous three months, and its stock is down almost 18 percent this year.
CEO Elon Musk and the SEC have pushed off their efforts to reach a new settlement deal. In a joint filing on Thursday, Musk and the regulator requested an extension of one week to reach a resolution in their ongoing dispute. The SEC asked Judge Allison Nathan to hold Musk in contempt for violating a Sept. 2018 settlement baring him from tweeting material information about Tesla without prior review by the company.
CEO Elon Musk is a big believer in his company's autonomous driving program and what its future can bring to the roads. Autonomous driving has its doubters and a public that is quite shy of the new technology. Add Tesla and its detractors to the mix and it's sure to become a wide-ranging discussion.
The electric carmaker claims a California man who it says is part of an online group of short sellers has been stalking its Fremont factory and harassing its employees -- including dangerously swerving his car toward a Tesla Model 3 that was on a freeway test drive and injuring a Tesla security guard in a hit-and-run on company property. Tesla persuaded a state court judge on Friday to issue a temporary restraining order requiring the man to stay at least 100 yards away from its factory and employees. The bizarre events described in court filings, first reported by the website Electrek, prompted a tweet from Musk on Saturday.
PALO ALTO, Calif. (AP) — Tesla plans to cut its board of directors from 11 to seven in a move the electric-car maker says will allow the board to act more nimbly and efficiently.
Read the beginning of this article here. Nathaniel August recommended a position in Peabody Energy (NYSE:BTU) which “is the largest and least expensive way to participate in the coal market” according to this fund manager. Unfortunately the stock lost more than 26% since August’s recommendation. David Einhorn recommended a short position in Assured Guaranty (NYSE:AGO) due […]
As Tesla Inc. discusses potential ramifications for Chief Executive Elon Musk’s actions with the Securities and Exchange Commission, it disclosed a dramatic change to its board of directors late on Good Friday.
Quarterly results could be an ‘outright disaster’ at Tesla amid concerns about margins and demand for the Silicon Valley car maker, which reports April 24 after the bell.
Brad Buss, Antonio Gracias, Stephen Jurvetson, and Linda Johnson Rice will not be standing for re-election in the upcoming annual meetings of stockholders in 2019 and 2020, the company said in a regulatory filing. Tesla said the decision did not result from any disagreement between the company and the directors. Of the four members who would exit the board, Buss and Gracias were part of Tesla's disclosure controls committee, overseeing the implementation of the terms of the consent agreement between Tesla and the SEC.
The shake-up was announced late on Friday, and came after the company’s new independent chairwoman, Robyn Denholm, sounded out the company’s biggest investors about what changes they wanted to see. As part of the overhaul, the company’s lead independent director, Antonio Gracias, who was previously responsible for board oversight of Mr Musk, has handed over his responsibilities to Ms Denholm with immediate effect, and is expected to leave the board next year. Tesla’s board has been a perennial target of Wall Street activists, dating back to the company’s acquisition of SolarCity, a company where Mr Musk was the chairman and his cousin, Lyndon Rive, chief executive officer.
Director terms will be cut to two years from three, allowing shareholders to vote on the board’s performance with greater frequency, according to a proxy filed Friday. Directors Brad Buss, former chief financial officer of Solarcity Corp., and Linda Johnson Rice, chief executive officer of Johnson Publishing Co., won’t seek re-election when their terms expire at the June 11 annual shareholder meeting. If shareholders vote to reduce director terms to two years, venture capitalist Stephen Jurvetson -- who returned from an extended leave of absence this month -- has indicated he would not seek re-election in 2020.
Tesla Inc. disclosed Friday afternoon that several directors will leave its board, which has been criticized for failing to rein in actions by Chief Executive Elon Musk. Brad Buss, Antonio Gracias, Stephen Jurvetson and Linda Johnson Rice are expected to leave the board over the next two years. Buss and Rice will not stand for re-election at the 2019 shareholders meeting, which will be held in June, while Jurvetson -- who has officially been on leave since allegations of misconduct at his venture-capital firm in 2017 -- will remain until the 2020 meeting. Tesla shareholders will vote to reduce director terms from three years to two at the 2019 shareholder meeting; if the Tesla-introduced resolution passes, Gracias will also not stand for re-election at the 2020 meeting, Otherwise, he will leave in 2021. Tesla recently added Oracle Corp. founder Larry Ellison and Kathleen Wilson-Thompson, a human-resources executive with Walgreens Boots Alliance Inc. to its board, along with naming Robyn Denholm as chairwoman as a result of a settlement with the Securities and Exchange Commission, giving the board 11 members currently.
Longtime board member Brad Buss and Linda Johnson Rice, who joined two yearsago as an independent director, will not seek re-election this year
Brad Buss, Antonio Gracias, Stephen Jurvetson, and Linda Johnson Rice will leave the electric-car company’s board as their terms expire. For Buss and Rice, that means this year.
Short selling and put options are used to speculate on a potential decline in a security or index or hedge downside risk in a portfolio or stock.
The Trump Administration has released a draft environmental assessment for a high-speed tunnel developed by entrepreneur Elon Musk to move autonomous electric vehicles (AEVs) between Washington, D.C. and Baltimore, Maryland. The assessment, made public by the U.S. Department of Transportation (DOT) on April 17, is considered an "early milestone" in the environmental review and permitting process for the project, according to DOT. "Final governmental approvals will depend on the outcome of the review and comment process and any subsequent modifications," the department noted.