Tesla (TSLA) Delivers 14,820 Vehicles in Q1; Affirms FY16 Delivery Outlook

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Tesla's (TSLA) Q1 Delivery Numbers Add Concern to Production Ability, But Maintained FY16 Outlook is Positive - Stifel

April 5, 2016 6:44 AM EDT

Stifel affirms its Buy rating and $325 price target on Tesla (Nasdaq: TSLA) following the company's Q1 delivery update issued Monday night.

Analyst James Albertine offered the following commentary: This is a sobering report in light of the impressive orders for the upcoming Model 3, primarily as our recent conversations with investors have centered on TSLA's ability to ramp vehicle production. Having visited... More

Tesla (TSLA) PT Raised to $280 at Credit Suisse Despite Weak Q1 Deliveries

April 5, 2016 6:26 AM EDT

Credit Suisse analyst Dan Galves raised his price target on Outperform-rated Tesla Motors (NASDAQ: TSLA) to $280.00 (from $240.00) despite Q1 deliveries of 14,820 versus 16,000 guidance. The company noted significant Model X component shortages in January and February that lasted longer than the company expected as the key reason for the shortfall.

Galves notes a substantial uptick in production during March happened too late in the quarter to meet guidance, but gives management enough confidence to reiterate... More

Tesla (TSLA) Delivered 14,820 Vehicles in Q1 vs. 16,000 Expected

April 4, 2016 4:12 PM EDT

(Updated - April 4, 2016 4:13 PM EDT)

Tesla (NASDAQ: TSLA) delivered 14,820 vehicles in Q116, according to Bloomberg, citing a company email. The outlook called for deliveries of 16,000 units.

UPDATE - With the company's... More

Mobileye (MBLY) Gains on the Back of Strong Tesla Model 3 Pre-Order Numbers

April 4, 2016 12:52 PM EDT

Mobileye (NYSE: MBLY) is solidly higher Monday, which could be related to strong pre-orders for customer Tesla (NASDAQ: TSLA) for its new Model 3.

Tesla CEO Elon Musk... More