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Tesla Reports Record Quarterly Revenue Of $10.74B, Semi Deliveries Will Begin This Year
Wednesday, January 27, 2021 - 5:32pm | 396Tesla Inc (NASDAQ: TSLA) reported fourth-quarter and full-year earnings after market close Wednesday and provided some updates on what’s ahead. What Happened: Revenue increased 46% year-over-year to $10.74 billion for Tesla in the fourth quarter. Full fiscal 2020 revenue of $31.54...
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Tesla, Elon Musk Meet Model 3 Production Goal: 'We Just Became A Real Car Company'
Monday, July 2, 2018 - 8:07am | 470Tesla Inc (NASDAQ: TSLA) shares popped more than 6 percent Monday morning as traders took in a Sunday memo CEO Elon Musk sent to staff celebrating second-quarter production achievements. “Not only did we factory gate over 5000 Model 3’s, but we also achieved the S & X...
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UBS Sees 50% Downside Potential In Tesla, Cautious On Model 3 Launch Timing
Thursday, May 4, 2017 - 10:46am | 992Is Tesla Inc (NASDAQ: TSLA) ripe for a correction after its meteoric rise since December 2016? One analyst thinks so. Tesla shares surged up by 71 percent during the period amid optimistic expectations concerning the Model 3 rollout and the company's strong deliveries guidance issued in early...
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Tesla Says It Delivered 70% More Cars In Q3 Compared To Q2
Monday, October 3, 2016 - 7:27am | 238Tesla Motors Inc (NASDAQ: TSLA) announced over the weekend that it delivered 70 percent more cars in the third quarter compared to the second quarter. The automaker of fully electronic cars said in a press release it delivered approximately 24,500 vehicles in the third quarter, of which 15,800...
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Tesla Under Pressure Again Following Report Of Pennsylvania Model X Autopilot Crash
Wednesday, July 6, 2016 - 9:05am | 247Shares of Tesla Motors Inc (NASDAQ: TSLA) were under heavy selling pressure on Friday after the company's autopilot feature was linked to the death of a Model S owner. On Wednesday, news reports of another accident linked to Tesla's autopilot feature surfaced. According to the Detroit Free Press,...
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Tesla Shares Falling After Deliveries Hit Near 2-Year Low
Tuesday, July 5, 2016 - 8:44am | 278Tesla Motors Inc (NASDAQ: TSLA) announced it delivered fewer cars than expected in the second quarter, prompting investors to push the company's stock lower by more than 5 percent early Tuesday morning. Tesla said it delivered 14,370 vehicles in the second quarter, which was notably short of its...
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Despite Claims That A Tesla Model X Crashed Itself In Autopilot, It Was Probably Human Error
Tuesday, June 7, 2016 - 10:34am | 288Puzant Ozbag is the owner of a Tesla Motors Inc (NASDAQ: TSLA) vehicle, which he claims went out of control while in self-driving mode and crashed into a wall. Ozbag detailed his story on Tesla's online forum. He said his 5-day old Tesla Model X SUV "suddenly and unexpectedly...
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UBS Maintains Sell On Tesla, Highlights Caution On FY Deliveries
Tuesday, May 3, 2016 - 1:05pm | 318Colin Langan of UBS maintained a Sell rating on shares of Tesla Motors Inc (NASDAQ: TSLA) with an unchanged $140 price target ahead of the company's Q1 results, scheduled to be released after Wednesday's market close. Langan is estimating Tesla will report a loss of $0.90 per share in...
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Tesla Recalls 2,700 Model X Vehicles; Shares Volatile
Monday, April 11, 2016 - 1:47pm | 389Shares of Tesla Motors Inc (NASDAQ: TSLA) were volatile on Monday afternoon following the company's announcement of a voluntary recall of 2,700 Model X SUVs. Tesla notified its customers of an issue with the third row seat. Specifically, the company said an internal seat strength test that...
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Tesla Shares Cross $255 For First Time Since November
Tuesday, April 5, 2016 - 1:59pm | 246Shares of Tesla Motors Inc (NASDAQ: TSLA) traded above the $255 on Tuesday. Tesla's stock traded above $250 per share on Monday, but failed to hold on to the gains. Tuesday's session is showing strong buying momentum for the stock with no signs of cooling down. Prior to Monday, the...
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Did Audi Obtain The First Tesla Model X Vehicle In Europe?
Wednesday, February 24, 2016 - 11:59am | 255Tesla Motors Inc (NASDAQ: TSLA)'s new SUV, the Model X, likely began delivering units to U.S. customers in December. A new report from Clean Technica is now suggesting Tesla began shipping Model X units to its European customers. According to Clean Technica, a cleantech-focused news and...
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Tesla Referral Program Officially Begins
Monday, February 22, 2016 - 11:21am | 234Tesla Motors Inc (NASDAQ: TSLA) announced in July 2015 that it planned on implementing a referral system in which both the owner of a Tesla vehicle and a referred client receive $1,000 in credit. Tesla's 2016 referral program now consists of a $1,200 credit towards the installation of a...
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Deutsche Bank Thinks Demand For Tesla's Products Could 'Dwarf Expectations,' Maintains $280 Price Target
Thursday, February 11, 2016 - 9:52am | 355Shares of Tesla Motors Inc (NASDAQ: TSLA) were trading higher by more than 4 percent early Thursday morning. Rod Lache of Deutsche Bank maintained a Hold rating on Tesla's stock with an unchanged $280 price target. Lache noted that Tesla's 80,000 to 90,000 delivery guidance could...
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Tesla Motors Inc's Stock Continues To Fall As Bearish Sentiment Rises
Monday, February 8, 2016 - 9:54am | 190Shares of Tesla Motors Inc (NASDAQ: TSLA) were trading lower by more than 3 percent at $157.68 early Monday morning. Monday morning's price action implies the stock could open for trading below its 52-week low of $157.74. One possible explanation for Monday's decline in Tesla's...
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Trip Chowdhry's Latest Tesla Checks Show All Customers 'Loving It'
Tuesday, January 19, 2016 - 12:35pm | 299Trip Chowdhry of Global Equities Research reported in an e-mail to clients some of his key findings following a routine check around Tesla Motors Inc (NASDAQ: TSLA)'s factory in California. According to Chowdhry, Tesla was testing its Model S and Model X vehicles on the test track despite...