Close

Tesla (TSLA) Reports Q3 Deliveries of 24,500, Above Most Views

Go back to Tesla (TSLA) Reports Q3 Deliveries of 24,500, Above Most Views

Discounting, Lower Quality Sales and SolarCity Could Keep a Lid on Tesla (TSLA), Morgan Stanley's Jonas Says

October 4, 2016 12:31 PM EDT

Morgan Stanley analyst Adam Jonas weighed in on Tesla Motors (NASDAQ: TSLA) after this weekend's strong Q3 delivery number. He said reports of vehicle discounting, lower quality sales and SCTY capital needs may limit the market's enthusiasm

Jonas issued 3 key thoughts following the numbers:

1. 24,500 units is far above our 3Q expectations. Model X volume (8,700) accounted for 2/3 of the beat vs. our estimates while Model S volume (15,800) accounted for the other 1/3 of the beat. The tilt towards Model X should be particularly positive for average transaction price in... More

Tesla (TSLA) Proves to Naysayers that it CAN Produce Cars... a Lot of Them - Analyst

October 3, 2016 1:58 PM EDT

Trip Chowdhry of Global Equities Research, a fervent bull on Tesla (NASDAQ: TSLA), is out pounding the table on the stock today after the company's strong third quarter vehicle delivery... More

Baird Reiterates Bullish View on Tesla (TSLA) Following Q3 Deliveries 'Beat'

October 3, 2016 7:10 AM EDT

Baird analyst Ben Kallo reiterated his Outperform rating and $338 price target on Tesla Motors (NASDAQ: TSLA) after the company significantly beat the firm's delivery estimate in Q3.

Tesla announced it delivered ~24.5k vehicles in Q3, surpassing the firm's estimate of 21k. Management... More