UPDATE: Tesla (TSLA) Tops Q1 EPS by 3c; Plans Q2 Production of ~20,000 Vehicles

Tesla's (TSLA) Price Target Raised to $290 at Deutsche Bank; 'Hold' Rating Maintianed

Deutsche Bank maintained a Hold rating on Tesla Motors (NASDAQ: TSLA) but boosted its price target to $290.00 (from $280.00). The change follows the release of Q1 results. Analyst Rod Lache called Q1 results "a bit light" but he noted that the most important development was the company's steepened growth plan.

Lache explained, "Tesla now targets 500,000 units of annual production by 2018, 2 years earlier than previously planned. On their call management also suggested that they hope to sustain a 50% growth rate, which would... More

Tesla's (TSLA) Q1 Full of Positives, Negatives; Stifel Remains Bullish on Long-Term Execution

Stifel affirms its Buy rating and $325 price target on Tesla Motors (Nasdaq: TSLA) following Q1 results and outlook offered on Wednesday night.

Analyst James Albertine commented: We found virtually equal parts risk and reward in the 1Q16 results and management commentary.

On the positive side: (a) Model 3 orders do not appear to have cannibalized Model S demand (Model S orders rose +45% y/y in 1Q16), (b) sequential improvement in Model S ASP growth defies typical... More

Tesla (TSLA) Losses Steam as Investors Brace for Capital Raise

After opening up 2.7% following its earnings and production update after the close, shares of Tesla (NASDAQ:... More

Tesla (TSLA) PT Raised to $338 at Baird

Baird analyst Ben Kallo reiterated an Outperform rating and raised his price target to Tesla Motors (NASDAQ: TSLA) to $338.00 (from $300.00) following in-line Q1 results.

"Importantly, TSLA resolved most of its Model X production issues, reiterated its FY:16 delivery target, and expects... More

Electric car-charging network ChargePoint gets $50 million in funding

SAN FRANCISCO (Reuters) - Electric vehicle charging network ChargePoint said on Tuesday it had received an additional $50 million in funding to allow the Silicon Valley company to expand beyond its more than 28,000 public charging stations.

The new round of funding, led by Linse Capital, brings total funding ChargePoint has raised from investors to more than $164 million.

ChargePoint, the world's largest electric vehicle (EV)... More

Two Tesla executives leaving ahead of Model 3 ramp-up

By Alexandria Sage

SAN FRANCISCO (Reuters) - Two top manufacturing executives are leaving Tesla Motors Inc (NASDAQ: TSLA) as the Silicon Valley electric-car maker prepares to launch its first mass-market car, the Model 3, and sharply ramp up production.

The departures follow a rocky production start for the company's Model X sport utility vehicle, a technology-heavy crossover that faced problems including parts shortages and quality issues, such as... More

Chanos Skeptical About Tesla's (TSLA) Delivery Forecasts - CNBC

Jim Chanos said he is skeptical about Tesla's (NASDAQ: TSLA) delivery forecasts. The hedge fund manager is short Tesla and SolarCity (NASDAQ: SCTY), according to CNBC.
... More