Oppenheimer Remains Bullish on Tesla (TSLA) Following Model X Launch

Stifel Positive on Tesla (TSLA) Following Model X Launch; Concerns Appear 'Overblown' for Now

September 30, 2015 8:58 AM EDT

Stifel affirms its Buy rating and $400 price target on Tesla Motors (Nasdaq: TSLA) following Tuesday night's Model X launch.

Analyst James Albertine offered the following commentary:

We are pleased to see TSLA achieve another milestone, the launch of its highly anticipated utility vehicle, the Model X, after some months of speculation that the vehicle may be further delayed due to various design concerns, including the operation of the falcon-wing rear doors. Those concerns, for now at least, appear overblown,... More

Tesla's (TSLA) Model X Launch Provides Several Benefits to the Stock - Baird

September 30, 2015 8:45 AM EDT

Baird analyst Ben Kallo reiterated his Outperform rating and $335 price target on Tesla Motors (NASDAQ: TSLA) after the release of the Model X last night. Kallo said they remain buyers of the stock.

"We believe another model on the road boosts TSLA's image and expands its consumer base, and the vehicles expected best-in-class safety rating and innovative features should make the Model X one of the industrys most desirable SUV's," Kallo said. They recommend owning shares as production ramps

Kallo notes several distinct vehicle features were unveiled at the launch event... More

Tesla (TSLA) Launches Model X SUV

September 30, 2015 6:16 AM EDT

Tesla Motors (Nasdaq: TSLA) launched its Model X SUV on Tuesday during a special event at its Fremont, California, facility.

In total, five of the Model X units were delivered at the event, while about 1,000 more registered for a test drive of the vehicle.

Pricing on the base model wasn't made... More

Tesla delivers Model X electric SUV to take on luxury carmakers

September 30, 2015 12:16 AM EDT

By Alexandria Sage

FREMONT, Calif. (Reuters) - Tesla Motors delivered the first of its long-awaited Model X electric sports-utility vehicles on Tuesday, a product investors are counting on to make the pioneering company profitable after years of losses.

The launch of the Model X represents a milestone for the loss-making Silicon Valley automaker during a period of high spending and modest growth, because it can now boast a second model in production beyond its Model S sedan, launched in 2012.

"I think we got a little carried away with the X," Chief Executive Officer Elon Musk... More

UPDATE: Tesla (TSLA) May Be Overstating S P85D Engine Power - Report

September 29, 2015 11:29 AM EDT

(Updated - September 29, 2015 11:42 AM EDT)

Test suggest Tesla (NASDAQ: TSLA) has been overstating S P85D engine performance by 24%, according to reports.

UPDATE: The article in question points to letter from Tesla owners, which was already in the... More

Tesla (TSLA) in Focus Ahead of Today's Model X Event

September 29, 2015 9:54 AM EDT

Tesla Motors (Nasdaq: TSLA) shares have moved from positive to negative early Tuesday ahead of the company's Model X event, which will kickoff around 7:30pm PT (10:30pm ET).

A livestream of the event will begin at 8:00pm PT here, according to CEO Elon Musk.

Details... More

Tesla (TSLA) CEO Musk Sees 600+ Mile Range Potential Within Two Years

September 29, 2015 8:40 AM EDT

Tesla Motors (Nasdaq: TSLA) CEO Elon Musk sees the company offering a vehicle with a range of over 600 miles by 2017.

According to an interview with Danish media, Musk sees the company's powertrain and battery technology advancing enough in a year or two for a... More

Big Auto look to tech companies to fix cars over the air

September 29, 2015 1:09 AM EDT

By Alexandria Sage

SAN FRANCISCO (Reuters) - As cars increasingly resemble digital devices, a group of technology firms that can send wireless software updates to cars are in hot demand by carmakers scrambling to catch up to Tesla Motors (NASDAQ: TSLA) in the arena of over-the-air updates, or OTAs.

    Interest in the technology, through which certain car functions can be upgraded much the same way as an iPhone, comes as Tesla is set to deliver an OTA for hands-free cruise control this month, allowing its electric Model S sedans to drive themselves on freeways.... More

Big Auto look to tech companies to fix cars over the air

September 29, 2015 1:09 AM EDT

By Alexandria Sage

SAN FRANCISCO (Reuters) - As cars increasingly resemble digital devices, a group of technology firms that can send wireless software updates to cars are in hot demand by carmakers scrambling to catch up to Tesla Motors (NASDAQ: TSLA) in the arena of over-the-air updates, or OTAs.

    Interest in the technology, through which certain car functions can be upgraded much the same way as an iPhone, comes as Tesla is set to deliver an OTA for hands-free cruise control this month, allowing its electric Model S sedans to drive themselves on freeways.... More

Tesla (TSLA) Q3 Units to Top Guidane, Global Equities Research Says

September 28, 2015 10:26 AM EDT

Global Equities Research analyst Trip Chowdhry issued comments on Tesla (NASDAQ: TSLA) saying the company will likely announce 3Q'2015 Auto Units delivery on Friday, October 2nd.

Chowdhry highlighted the following:

TSLA is having a very strong 3Q'2015TSLA will likely beat Auto Unit delivery guidance by about 250 to 300 Auto UnitsTSLA will probably deliver about 11,800 Auto Units in 3Q'2015 ahead of the company's guidance of about 11,500Demand for Tesla Model S, continues to outstrip supply

Providing details, the analyst... More

U.S. regulator considers expanding Takata air bag recalls: Bloomberg

September 28, 2015 3:32 AM EDT

(Reuters) - The U.S. regulator overseeing the replacement of Takata Corp air bags is considering an order that would expand the recalls and has contacted seven manufacturers who could be affected, including Volkswagen AG and Tesla Motors Inc (NASDAQ: TSLA), Bloomberg reported.

... More