Baird Reiterates Bullish View on Tesla (TSLA) Following Q3 Deliveries 'Beat'

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Discounting, Lower Quality Sales and SolarCity Could Keep a Lid on Tesla (TSLA), Morgan Stanley's Jonas Says

October 4, 2016 12:31 PM EDT

Morgan Stanley analyst Adam Jonas weighed in on Tesla Motors (NASDAQ: TSLA) after this weekend's strong Q3 delivery number. He said reports of vehicle discounting, lower quality sales and SCTY capital needs may limit the market's enthusiasm

Jonas issued 3 key thoughts following the numbers:

1. 24,500 units is far above our 3Q expectations. Model X volume (8,700) accounted for 2/3 of the beat vs. our estimates while Model S volume (15,800) accounted for the other 1/3 of the beat. The tilt towards Model X should be particularly positive for average transaction price in... More

Tesla (TSLA) Proves to Naysayers that it CAN Produce Cars... a Lot of Them - Analyst

October 3, 2016 1:58 PM EDT

Trip Chowdhry of Global Equities Research, a fervent bull on Tesla (NASDAQ: TSLA), is out pounding the table on the stock today after the company's strong third quarter vehicle delivery... More

Tesla posts 70 percent rise in quarterly deliveries, backs 2016 target

October 2, 2016 4:20 PM EDT

SAN FRANCISCO (Reuters) - Tesla Motors Inc (NASDAQ: TSLA) said on Sunday its third-quarter deliveries rose 70 percent to 24,500 cars, following production improvements, cheaper lease deals and reports of discounts on some vehicles.

Deliveries are a key metric of performance for the luxury electric vehicle manufacturer, which had missed these targets in the previous two quarters.

The improved deliveries for the third quarter bring Tesla closer to meeting its second-half 2016 target of 50,000 vehicles, which it reiterated on Sunday. It said in a statement that fourth-quarter deliveries would be "at or slightly... More

Tesla (TSLA) Reports Q3 Deliveries of 24,500, Above Most Views

October 2, 2016 2:28 PM EDT

Tesla (NASDAQ: TSLA) delivered approximately 24,500 vehicles in Q3, of which 15,800 were Model S and 8,700 were Model X. This was an increase of just over 70% from last quarter's deliveries of 14,402. Tesla said its Q3 delivery count should be viewed as slightly conservative, as they only count a car as delivered if... More