|Bid||308.30 x 900|
|Ask||308.46 x 3100|
|Day's Range||306.25 - 315.16|
|52 Week Range||244.59 - 389.61|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||290.32|
Mr. Musk took offense at comments from a British cave explorer who dismissed the billionaire entrepreneur’s efforts to rescue the youth soccer team trapped in a Thailand cave as an ill-informed public-relations stunt. “Sorry pedo guy, you really did ask for it,” read a post on Mr. Musk’s official Twitter account early Sunday in response to the explorer’s criticism. A spokesman for Tesla didn’t respond to a request for comment.
Elon Musk can’t follow his own advice. Controversial outbursts are neither new nor unusual for Musk, who frequently spars with critics and investors betting against his company. After Tesla shares fell 22 percent in March -- the steepest monthly drop in more than seven years -- Musk jokingly tweeted on April Fools’ Day that the company had gone bankrupt.
Tesla Inc.’s ( TSLA) Virtual Power Plant (VPP) initiative has got a strong start with its successful first trial, according to RenewEconomy, an Australia’s leading portal covering clean energy and climate policy. Tesla’s VPP is an ambitious project set up in the state of South Australia, which will be comprised of 50,000 residential homes fitted with solar panels and Powerwall 2 home batteries.
Five-star analyst Romit Shah of Nomura has been a confident Tesla bull since he first initiated coverage on the stock last October. As Tesla revs towards unlocking profitability by the third or fourth quarter of this year, Shah is encouraged. In the last week of Tesla's second quarter, the company achieved its own deadline, producing 5,000 Model 3 cars per week.
NEW YORK, NY / ACCESSWIRE / July 16, 2018 / U.S. equities closed up on Friday and posted its 2nd consecutive weekly gain, as investors continue to focus on a strong start to the earnings season. While ...
Can Elon Musk really run three companies and do philanthropic work? The answer is probably not, at least effectively.
Spelunker Vernon Unsworth is considering legal action against Elon Musk after the Tesla CEO made the baseless claim that he was a pedophile. Unsworth had criticized Musk's idea to use a submarine crafted out of a SpaceX rocket part to free the previously trapped boys' soccer team from a Thai cave.
Elon Musk’s controversial tweets reached a new level when he called a British cave explorer a pedophile after the man criticized the billionaire’s effort to help rescue 12 boys from a Thai cave last week. Musk’s now-deleted post on Twitter adds to a long list of news-making tweets by the Tesla Inc. chairman, who unlike most executives doesn’t hesitate to battle publicly with his detractors. Musk has 22.3 million followers on Twitter.
Tesla Inc. may nearly double the number of cars it’s selling in Russia after a mobile-phone retailer backed by billionaire Alisher Usmanov unexpectedly added electric vehicles to the line of gadgets it offers. Svyaznoy, co-owned by Usmanov’s wireless carrier MegaFon PJSC, said it received orders for 236 vehicles in June, the first month it started sales jointly with importer Moscow Tesla Club. The uptick in sales comes even as the Californian company lists no stores or Tesla-run charging stations in Russia.
Elon Musk launched into a blistering Twitter tirade early Sunday against a British explorer who helped spearhead the rescue of a youth soccer team trapped in a Thailand cave — only to delete his posts after coming under harsh criticism.
Tesla has delivered 200,000 electric cars, triggering the phase-out of a $7,500 federal electric vehicle tax credit.
Self-proclaimed socialist Elon Musk gave $38,900 to a political committee that supports House Republicans. The contribution is Musk’s second-largest of this election cycle, according to disclosures filed with the U.S. Federal Election Commission, after a $50,000 contribution last year to a different group benefiting House Republicans. The latest contribution, to a committee known as Protect the House, brings Musk back to the political fore.
Tesla this week announced that its Model 3 is open to all for sale in North America. The Model 3 available for purchase is not the $35,000 base model, and consumers should expect to pay roughly $50,000 minimum for upgraded configurations. The Tesla Model 3 for the first time is open for sale to all car buyers in North America — with a few catches.
Elon Musk's political donations have come under scrutiny after a report showed he donated nearly $40,000 to a Republican political-action committee. Elon Musk defended himself in the face of widening criticism over money he sent to a Republican political-action committee, with the billionaire touting his support for environmental and humanitarian causes that he insisted outstripped his political contributions. In news first reported by The Hill on Saturday , federal election filings showed that Tesla TSLA CEO and SpaceX founder sent nearly $40,000 to Protect the House , a GOP PAC designed to help Republicans maintain their tenuous congressional hold, as recent polling suggests Democrats could retake one or both chambers in the November midterm elections.
Like a real-life Tony Stark, the entrepreneur and father of five boys commissioned engineers to work up a kiddie submarine and then delivered it to Tham Luang cave where the boys were trapped. The car could save Tesla, or trigger its demise. Mr. Musk has piled on debt as he struggled with production, and unless those wundercars start reliably rolling off the assembly line soon, the company could find itself unable to pay down debt or keep pace with the luxury cars brands finally launching competing models.
After laying off at least 9 percent of its workforce, Tesla implemented a new attendance policy for all hourly workers in the U.S. Tesla is trying to ramp up production of its Model 3 electric sedans, while curbing inefficiency at its factories. CEO Elon Musk previously promised investors that Tesla would achieve profitability in 2018.
Tesla recently managed to meet its production quota for its Model 3 cars, but now the billionaire CEO is being criticized for reportedly pushing his staff to the limit to hit those goals. Musk has infamously slept on the Fremont, Calif., factory floor to be on hand to address problems quickly.
JPMorgan released its earnings Friday, July 13, and the bank successfully beat. TheStreet's Brian Sozzi reported that it's the best bank stock to own. "JPMorgan is most representative of the value inherent in the universal banking model," wrote Credit Suisse analysts.
The auto industry’s second-quarter earnings season is about to begin, and the majority of auto stocks are trading on a mixed note. According to recent estimates by Autodata, US light vehicle sales rose to 4.5 million units in the second quarter this year. Let’s take a look at the recent price movement in auto stocks.
has been whether the automaker will be able to produce the $35,000 base Model 3 -- or at least, will it be able to do so at a profit. If Tesla can't turn a profit on the base Model 3, then other parts of its story are at risk of falling apart. It will also leave Tesla in a precarious financial situation, particularly with the resources it will need to devote to various projects over the next 12 to 36 months.
Jul.13 -- Bloomberg Businessweek's Tom Randall and Bloomberg's Josh Eidelson discuss Tesla's Model 3 production odyssey. They speak with Bloomberg's Emily Chang on "Bloomberg Technology."