A Short Seller's Nightmare...Tesla (TSLA) is the New Porsche-VW - Analyst
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- 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
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Tesla (TSLA) Pares Gains, Still Up 2%
May 14, 2013 10:25 AM EDTTesla Motors (NASDAQ: TSLA) have given up a large chunk of earlier gains. Shares are up just 2% after trading up nearly 11% earlier. Earlier, analysts at Morgan Stanley raised their price target on Telsa to $103 and their bull case price target to $200.
... More
Tesla (TSLA) Price Target Raised at Morgan Stanley: Pound for Pound the Strongest Auto Brand?
May 14, 2013 10:14 AM EDTAfter putting its Tesla Motors (NASDAQ: TSLA) rating, estimates and price target on review Monday, Morgan Stanley analyst Adam Jonas followed-up today and raised his price target from $47 to $103 while reiterating an Overweight rating.
Jonas said what Tesla has accomplished in the fierce automotive market isn't luck, "it's real," leaving other automakers in awe. "Detroit, Munich, Wolfsburg and Toyota City must feel a sense of astonishment with a hint of anxiety," he said.
The analyst listed 4 things you must know about Tesla:
1.... More
Telsa (TSLA) Continues Surge Higher on Short Squeeze
May 14, 2013 9:37 AM EDTTelsa (NASDAQ: TSLA) is continuing is torrid pace. Shares are up another 6 percent after Morgan Stanley raised its price target. The firm compared the current situation in Tesla to the epic short-squeeze during the Porsche-VW situation in 2008.... More