Obama Looks to Impose New Oil Tax to Pay for Transportation Innovation (TSLA)
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Model X Delay May Hamper Tesla's (TSLA) Q4 Report, but L-T Story Remains Intact - Stifel
February 8, 2016 2:16 PM ESTStifel is out with commentary on Tesla Motors (Nasdaq: TSLA) ahead of the company's Q4 report, which is expected out on Wednesday. The firm has Tesla with a Buy rating and $325 price target.
Analyst James Albertine said he's reducing his Q415 EPS estimate from $0.12 to a loss of $0.04 per share. The Street conensus calls for EPS of $0.09. Albertine noted a slower Model X ramp is likely to push any profits related to the launch of the vehicle (excluding launch costs) into 2016.
While Albertine... More
President Obama's 21st Century Clean Transportation System; Proposes New $10/Barrel Fee on Oil Paid by Oil Companies
February 4, 2016 3:22 PM ESTSmart, strategic integrated investments to help reduce carbon pollution, strengthen economy
As President Obama has repeatedly said, no challenge poses a greater threat to future generations than climate change. At the same time, the President has made clear that taking steps to reduce carbon pollution presents an enormous opportunity to strengthen the economy, drive innovation, and create new jobs.
A key step in that effort is making smart and strategic investments to create a cleaner, more sustainable transportation system. Today, our transportation sector accounts for 30 percent of U.S. greenhouse gas emissions. A new approach to our transportation system can help to speed goods to market, expand transportation options, and integrate new technologies like autonomous or self-driving vehicles while at the same time reducing our reliance on fossil fuels, cutting carbon pollution, and strengthening our resilience to the impacts of climate... More
