Tesla Releases Third Quarter 2015 Financial Results
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Tesla's (TSLA) Outlook Better-Than-Feared But Pacific Crest Still Sees 'Plenty of Risk'
November 4, 2015 9:01 AM ESTPacific Crest maintained a Sector Weight rating on Tesla Motors (NASDAQ: TSLA). Analyst Brad Erickson described the company's outlook as better-than-feared, but he remains cautious given soft Model X reservations and risk around its production ramp.
"Lowered delivery forecast is better than feared, but plenty of risk remains," said Erickson. "Consistent with our expectations, the company lowered its 2015 delivery outlook by 1,500 cars at the midpoint and saw a sequential reduction in R&D for the first time in over a... More
Tesla (TSLA) Not as Bad as Expected but In Limbo with No Catalysts – Baird
November 4, 2015 6:56 AM ESTBaird analyst, Ben Kallo, published an earnings recap on Tesla (NASDAQ: TSLA) which highlighted slow but building momentum. The stock had sold off so aggressively that a small reduction in estimates was baked in and the revenue upside, rosy outlook and management additions increased investors comfort with the name.
TSLA reported non-GAAP revenue of $1,244M vs.... More
Tesla's (TSLA) Revised FY15 Delivery Outlook Better than Feared; Stifel Affirms at 'Buy'
November 4, 2015 6:34 AM ESTStifel is out with initial commentary on Tesla (Nasdaq: TSLA) following Q3 results issued late Tuesday.
Analyst James Albertine noted that Tesla's Q3 loss of $0.58 per share was flat with the firm's outlook.
Albertine also offered the following thoughts on the quarter and outlook: We believe the highlight from 3Q15 helping to drive a positive... More
Tesla (TSLA) says Jason Wheeler will be the new CFO - Conf. Call
November 3, 2015 5:37 PM ESTTesla (NASDAQ: TSLA) CEO Elon Musk said Jason Wheeler will be the company's new CFO, according to today's conference call.
... More