Tesla's (TSLA) Surprise Bid for SolarCity (SCTY) Not Seen as 'No-Brainer'
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Go back to Tesla's (TSLA) Surprise Bid for SolarCity (SCTY) Not Seen as 'No-Brainer'
June 22, 2016 12:40 PM EDT
After making back a chuck of its pre-open losses, Tesla (NASDAQ: TSLA) is losing traction again and has fallen back below $200. Shares last traded down 9.16% to $199.50. The after-hours low was around $190.
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June 22, 2016 11:53 AM EDT
Global Equities Research analyst Trip Chowdhry is out telling clients to buy Tesla (NASDAQ: TSLA) on today's weakness.
Buy TSLA on this weakness - Its an Industry Creation Activity ...which sadly today only 2 companies in the whole Universe are doing - Tesla and Amazon.com AWS...Big, Bold and Broad will win vs. Complacent companiesJust like Auto Manufactures, Utilities will also likely have their Blackberry and Nokia moment as TSLA captures both...
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June 22, 2016 11:10 AM EDT
Tesla (NASDAQ: TSLA) shares continue to recovery off the pre-market lows following its offer to acquire SolarCity. After trading as low as $190, shares are back to $203.64, but remain down 7.3%. Analysts were mainly negative on the deal, but CEO Elon Musk expressed confidence in... More
June 22, 2016 9:32 AM EDT
JPMorgan analyst Paul Coster weighed in on SolarCity (NASDAQ: SCTY) after Tesla (NASDAQ: TSLA) offered to acquire the company for $26.50-$28.50/share in an all-stock deal. He said the offer appears attractive because you can't put the... More
