Tesla Motors (TSLA) Target Cut to $70 at BofA/Merrill Lynch Following Weak Q4; Much More Downside Ahead

Morgan Stanley's Jonas Remains a Steadfast Bull on Tesla (TSLA)

February 12, 2015 10:32 AM EST

With the bears pounding their chests today on Tesla (NASDQ: TSLA), on the bull side Morgan Stanley analyst Adam Jonas was just on CNBC discussing how he remains steadfast on the stock with the company pushing the "insane button" on capex and growth. Below is a summary of today's note from the analyst:

Jonas reiterated an Overweight rating and price target of... More

Tesla Motors (TSLA) PT Lowered to $290 at Credit Suisse; Bullish Stance Retained on Positive Demand Trends

February 12, 2015 7:48 AM EST

Credit Suisse analyst D. Galves cut estimates and his price target Tesla Motors (NASDAQ: TSLA) to $290.00 (from $325.00) following Q34 results but maintained a Outperform rating as demand trends look positive and the Model X is on track.

Galves commented, "Despite Q4 volumes being... More

Tesla (TSLA) Price Target Lowered to $245 at Deutsche Bank on Disappointing Results; Thesis Intact, Says Analyst

February 12, 2015 7:27 AM EST

Deutsche Bank maintained a Buy rating on Tesla Motors (NASDAQ: TSLA) and reduced its price target to $245.00 (from $310.00). The stock declined after Tesla reported soft Q4 results and guidance. Analyst Rod Lache doesn't think disappointing earnings derail his bullish thesis.

"For Q4, deliveries came in at 9,834 units vs. guidance of 11,300. The Q4 gross margin... More

Tesla (TSLA) Cut to Underweight at JPMorgan Following Soft Q4; Analyst Highlights Execution Risk

February 12, 2015 6:29 AM EST

(Updated - February 12, 2015 10:44 AM EST)

JPMorgan downgraded Tesla Motors (NASDAQ: TSLA) from Neutral to Underweight with a price target of $175.00 (from $180.00). Yesterday Tesla reported disappointing Q4 results and guidance. Analyst Ryan Brinkman pointed to softer execution, stronger competition, and lower oil prices. Brinkman also cast doubt on Tesla's ability to meet long-term expectations.

"Much of the 4Q miss was blamed on the timing of deliveries (push out from 4Q to 1Q, owing to customers being on vacation, severe... More

Impact on Tesla (TSLA) from FX, P85D Delivery Delays Expected; Focus Remains on Delivery Outlook - Stifel

February 12, 2015 6:28 AM EST

Stifel comments on Tesla Motors (Nasdaq: TSLA) following the automaker's Q4 report on Wednesday night. The firm has Tesla at Buy with a price target of $400.

Analyst James Albertine issued the following observations and key points from the release/conference call: We believe the 4Q14 shareholders letter presents a case defending our bullish outlook for 2015, though we are disappointed with the non-GAAP EPS miss of ($0.13) relative to our $0.33 estimate (Street: $0.31). We note some delayed P85D deliveries, as we had suspected and... More

Baird Reiterates Bullish Stance on Tesla Motors (TSLA) Following Q4 Results

February 12, 2015 6:23 AM EST

Baird analyst Ben Kallo reiterated an Outperform rating and $275 price target on Tesla Motors (NASDAQ: TSLA) following Q4 results.

Kallo commented, "Bearishness was at peak levels heading into the call. Results missed our estimates driven by higher OPEX, although guidance and commentary should... More

Tesla (TSLA) Posts Q4 adj.-Loss of 13c/Share; Deliveries at 9,834 Units

February 11, 2015 5:17 PM EST

Tesla (NASDAQ: TSLA) reported Q4 EPS of ($0.13), $0.44 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $957 billion versus the consensus estimate of $1.23 billion.

Record quarterly production of 11,627 vehiclesDelivered 9,834 vehicles, as P85D production delays pushed some to Q1

Tesla commented:

In 2014, we also increased our number of stores and service centers by over 40%, expanded our Supercharger network by 400%, started construction of the Gigafactory and introduced numerous advances on Model S. As a result of this progress, we entered 2015 with over... More