Discounting, Lower Quality Sales and SolarCity Could Keep a Lid on Tesla (TSLA), Morgan Stanley's Jonas Says
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
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- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Tesla (TSLA) Proves to Naysayers that it CAN Produce Cars... a Lot of Them - Analyst
October 3, 2016 1:58 PM EDTTrip 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 EDTBaird 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
Tesla posts 70 percent rise in quarterly deliveries, backs 2016 target
October 2, 2016 4:20 PM EDTSAN FRANCISCO (Reuters) - Tesla Motors Inc (NASDAQ: TSLA) said on Sunday its third-quarter deliveries rose 70 percent to 24,500 cars, following production improvements, cheaper lease deals and reports of discounts on some vehicles.
Deliveries are a key metric of performance for the luxury electric vehicle manufacturer, which had missed these targets in the previous two quarters.
The improved deliveries for the third quarter bring Tesla closer to meeting its second-half 2016 target of 50,000 vehicles, which it reiterated on Sunday. It said in a statement that fourth-quarter deliveries would be "at or slightly... More
Tesla (TSLA) Reports Q3 Deliveries of 24,500, Above Most Views
October 2, 2016 2:28 PM EDTTesla (NASDAQ: TSLA) delivered approximately 24,500 vehicles in Q3, of which 15,800 were Model S and 8,700 were Model X. This was an increase of just over 70% from last quarter's deliveries of 14,402. Tesla said its Q3 delivery count should be viewed as slightly conservative, as they only count a car as delivered if... More