259.59 0.00 (0.00%)
After hours: 5:07PM EDT
|Bid||259.16 x 800|
|Ask||259.40 x 800|
|Day's Range||254.54 - 263.28|
|52 Week Range||244.59 - 387.46|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||314.52|
Some states prohibit car makers from opening up dealerships.
Yahoo Finance's Alexis Christoforous, Rick Newman and Santosh Rao of Manhattan Venture Partners talk about the implications of Tesla buyers losing a big tax credit.
French carmaker Navya is changing the game when it comes to autonomous vehicles. Yahoo Finance’s Alexis Christoforous speaks with the CEO, Christophe Sapet.
The Newark-based Tesla competitor got $1 billion from the Saudi Arabian sovereign Public Investment Fund last month, and its chief technology officer, Peter Rawlinson, is slated to appear at a conference in Riyadh that many U.S. business leaders have pulled out of.
It’s been a long road since the first electro-magnetic cruise control device was installed in cars in the 1950s. Now so-called “autonomous” cars are starting to hit the road, even if none fully live up to the name. Uber and Alphabet’s Waymo are among the companies driving millions of miles with their self-driving research vehicles…
According to recent data compiled by MarkLines Data Center, September US auto sales (IYK) stood at 1.43 million vehicle units. This was ~6.0% lower than the ~1.52 million vehicle units sold in September 2017. September’s total US vehicle sales figures were also lower than the 1.48 million vehicle units sold in August.
You can’t blame shorts for the slide in Tesla stock. Tesla is down because investors worry as it burns through cash and struggles to deliver volumes of its lower-priced Model 3.
Tesla recently announced that all orders placed by Oct. 15 would be eligible for the full $7,500 federal tax credit. Meanwhile, most people waiting for the $35,000 base model may have to settle for a paltry $1,875 federal tax credit.
CEO Elon Musk accepting a plea deal with the SEC isn't exactly great -- one would also think that this unpredictable stock would be extra volatile given the broader market's action last week. In fact, Tesla has been rather resilient while the markets have been tumultuous. It did OK back in February, but it's been downright stable these recent trading sessions.
In the last five years, Netflix (NASDAQ:NFLX) has gone from being compared with CBS (NYSE:CBS) to being compared with Walt Disney (NYSE:DIS), and now Netflix’s spending trends are more similar to those of Disney than CBS. Yes, it can, because the company’s overseas business will enable the momentum of Netflix stock to continue. Netflix’s spending comes just ahead of its third quarter earnings report.
If Tesla continues at this pace, it’ll produce more Model 3 sedans in three weeks than it did in its entire first quarter.