Tesla (TSLA) CEO Musk: Model 3 Orders Surpass 180k in 24 Hours

Tesla (TSLA) CEO Musk Says Over 276K Model 3 Pre-Orders Placed

April 4, 2016 7:54 AM EDT

Tesla (Nasdaq: TSLA) CEO Elon Musk offered additional updates on Model 3 pre-orders and features over the weekend.

In part, Musk said over 276,000 Model 3 pre-orders have been placed.

Musk also noted that the Model 3 will be rear-wheel drive with an option for... More

Tesla (TSLA) Should Have No Problem Handling High Model 3 Production Demand - Analyst

April 1, 2016 2:14 PM EDT

While Tesla (Nasdaq: TSLA) CEO Elon Musk continues to report skyrocketing pre-order numbers for the Model 3,... More

Tesla (TSLA) to Rethink Production Planning as Model 3 Orders Climb to 198K

April 1, 2016 1:26 PM EDT

(Updated - April 1, 2016 1:36 PM EDT)

Orders for Tesla's (NASDAQ: TSLA) Model 3 haven't slowed, and order count now stands at 198,000, said the company's CEO Elon Musk via twitter. He added that he will need to rethink production... More

Tesla (TSLA) Sees Continued Fade Despite News of $7.5B in Model 3 Orders

April 1, 2016 12:29 PM EDT

Selling in Tesla (NASDAQ: TSLA) shares accelerated despite news from CEO Elon Musk moments ago that Model 3 orders surpassed 180,000, or $7.5 billion. Shares now are up just 2.3% after opening up 6.6%.

... More

Tesla's (TSLA) New, Cheaper Model 3 May Be Better than the Model S - Analyst

April 1, 2016 10:50 AM EDT

Morgan Stanley's Tesla Motors (NASDAQ: TSLA) analyst Adam Jonas asks "Is the Model 3 Better than the S?" He thinks it is

Jonas has 4 key thoughts following the Model 3 event:

1. Based on the limited information disclosed at last night's unveiling, we think this car is probably much better than the Model S. Certainly the higher-performance versions can be faster, offer more dynamic performance, more driving pleasure. We suspect this is a reason why management didn't share too many details on specs besides headline numbers (0 to 60 in under 6
seconds, 215 mile EPA range)... More

Tesla (TSLA) Fades Early Model 3 Gains

April 1, 2016 10:25 AM EDT

After opening 6.6% higher, traders note Tesla (NASDAQ: TSLA) is fading lower and now up just 3.2%. Traders had expected a "sell the news" reaction to the Model 3 launch, although the much-higher-than-expected pre-orders delayed this reaction.

... More

Tesla (TSLA) Shorts Pressured Following Model 3 Unveiling

April 1, 2016 9:28 AM EDT

(Updated - April 1, 2016 9:29 AM EDT)

Tesla (Nasdaq: TSLA) shorts were pressured Friday morning follow the company's Model 3 unveiling yesterday evening and news it received over 135,000 reservations in one day. Tesla advanced approximately 7% pre-market to $245 per share -- a year-to-date high.

According... More

Wall Street off to a solid start in April

April 1, 2016 7:15 AM EDT

By Noel Randewich

(Reuters) - Wall Street extended a seven-week rally on Friday after upbeat U.S. jobs and factory data hinted at stronger corporate earnings without increasing concerns of potential U.S. interest rate hikes.

The Labor Department's report showed solid gains in nonfarm payrolls in March while the unemployment rate rose to 5 percent from an eight-year low of 4.9 percent as more Americans entered the labor force.

Along with another report showing the U.S. manufacturing sector resumed growth in March, the employment data suggested the economy is not growing fast enough to increase concerns about... More

Tesla (TSLA) Debuts New Model 3; Pre-Orders Surpass 150k Mark

April 1, 2016 6:19 AM EDT

Tesla (Nasdaq: TSLA) unveiled its Model 3 on Thursday night in Los... More

Tesla unveils $35,000-Model 3 with range of 215 miles

April 1, 2016 1:06 AM EDT

By Alexandria Sage and Joseph White

HAWTHORNE, Calif. (Reuters) - Tesla Motors (NASDAQ: TSLA) gave a sneak preview Thursday of its Model 3 sedan, saying more than 130,000 people had ordered the car, even though it is more than a year away from production.

Tesla Chief Executive Elon Musk unveiled a prototype of the Model 3 in Hawthorne, California outside Los Angeles to hundreds of Tesla owners and the media, saying the vehicle will go into production in 2017 at a starting price of $35,000.

The Model 3 is critical to the Silicon Valley automaker's... More