Law Firm Looking Into Securities Law Violations by Tesla (TSLA) for Potential Class Action
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NHTSA Probe Could Cause Tesla (TSLA) Stock to Drop into the $90s - Barclays
November 20, 2013 7:44 AM ESTAnalyst Brian Johnson of Barclays thinks a NHTSA probe will curb sales of Tesla's (NASDAQ: TSLA) Model S. Johnson cited other highly publicized investigations/recalls by Toyota and Audi in the 1980s, warning they can translate into a 10%-20% cut in sales and "significant demand... More
NHTSA Likely to Accept Tesla (TSLA) Remedy - Deutsche Bank
November 19, 2013 11:19 AM ESTDeutsche Bank on Tuesday reiterated a Buy rating on Tesla Motors (NASDAQ: TSLA) with a price target of $200.00. Comments follow reports the NHTSA will be investigating recent Model S fires. Since there were no injuries, analyst Dan Galves believes that the most likely outcome is that NHTSA accepts Tesla's proposed remedy to prevent the lowering of the vehicle at highway... More
NHTSA Unaware of Tesla (TSLA) Requesting Probe; Would be 'Unprecedented' Move
November 19, 2013 10:15 AM ESTTesla Motors (Nasdaq: TSLA) shares are active today following reports the the NHTSA is looking into Model S fires. But, is Elon Musk telling the truth to his investors?
NHTSA Administrator David Strickland commented to Bloomberg today that he was unaware of Tesla asking the agency to look into the incidents. Strickland noted that it would be... More
Tesla's (TSLA) Accounting Practices Called Into Question Once Again
November 15, 2013 9:32 AM ESTTesla Motors (Nasdaq: TSLA) shares are active Friday as some of its accounting practices -- and overall reporting emphasis -- is called into question once again.
Bloomberg noted how Tesla's recent quarterly release put much of the focus on non-GAAP results versus GAAP numbers. Tesla posted adjusted Q3 net income of $16 million in the quarter, while that would have been a net loss of $38 million under GAAP standards. The U.S. SEC notes that companies... More
