Morgan Stanley Reiterates Equalweight Rating & $379 PT on Tesla (TSLA) Following Semi-Truck Launch Event; 'Topped Most of Our Expectations'

Go back to Morgan Stanley Reiterates Equalweight Rating & $379 PT on Tesla (TSLA) Following Semi-Truck Launch Event; 'Topped Most of Our Expectations'

Morgan Stanley Sees Tesla (TSLA) Extremely Volatile in 2018

November 21, 2017 9:30 AM EST

Morgan Stanley reiterated an Equalweight rating and $379.00 price target on Tesla Motors (NASDAQ: Tesla).

Analyst Adam Jonas expects Tesla shares to be extremely volatile in 2018, divided into two stages: (1) The alleviation of production bottlenecks with strong cash inflow, and (2) mounting concerns over the sustainability of the competitive... More

Tesla (TSLA) 'Cleverly' Raises Working Capital with New Roadster - Jefferies

November 17, 2017 8:12 AM EST

Jefferies analyst Philippe Houchois weighed in on Tesla Motors (NASDAQ: TSLA) after the company unveiled its long awaited electric Semi concept and surprised with a new Roadster.

Houchois said they expect limited impact on the shares although raising working capital through the... More

Tesla (TSLA) Semi Truck and Roadster 'Just Adds to Musk's Shopping List of Things to Spend Money On' - Cowen

November 17, 2017 7:04 AM EST

Cowen analyst Jeffrey Osborne weighed in on Tesla Motors (NASDAQ: TSLA) after the company unveiled the Telsa Semi and a new Roadster. Osborne said the reveal offers little to ease investor concerns.

"Tesla's glitzy reveal of the Semi truck was impressive, but didn't answer many questions we had heading into the event," Osborne states.

"While the... More

JB Hunt Transport Services (JBHT) Says it Placed Reservation for Tesla's (TSLA) Semi Trucks

November 17, 2017 7:03 AM EST

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, announced that it placed a reservation to purchase multiple Tesla Semi tractors to be manufactured by Tesla (Nasdaq: TSLA). The electric tractor was unveiled by Tesla... More

Despite Tesla (TSLA) Semi and New Roadster, Focus Still on Model 3 - Baird

November 17, 2017 6:47 AM EST

Baird analyst Ben Kallo weighed in on Tesla Motors (NASDAQ: TSLA) after the company unveiled the Tesla Semi with a 500-mile range and a new Roadster with a 620-mile range.

Management indicated the Tesla Semi will have a 500-mile range and a 5-second 0-60 MPH time, Kallo... More

Tesla (TSLA) Unveils Highly-Anticipated Semi Truck

November 17, 2017 6:16 AM EST

Tesla (NASDAQ: TSLA) unveiled its high-anticipated Semi truck with a range of 500 miles Thursday evening.

While Tesla did not disclose the cost of the new Semi, CEO Elon Musk said the total operating costs would be lower than that of a... More

Tesla (TSLA) Unveils New Roadster

November 17, 2017 6:00 AM EST

In a surprise announcement at last night's semi truck event, Tesla's (NASDAQ: TSLA) CEO Elon Musk unveiled a new Roadster model.

Musk said it will be the quickest car in the world, with record-setting acceleration, range and performance. The car... More

Cobalt hedging not mining the route for VW in EV drive, official says

November 16, 2017 1:39 PM EST

BERLIN (Reuters) - Volkswagen is not looking to secure long-term supplies of cobalt, a key ingredient of electric-car batteries, by investing in mines, a senior official at the automaker said.

Demand for cobalt is expected to soar as carmakers rush to embrace electric vehicles (EVs) in response to governments around the world cracking down on pollution.

Volkswagen (VW), which is struggling to draw a line under its... More

New $200,000 Tesla Roadster speeds in front of electric big-rig truck

November 16, 2017 7:04 AM EST

By Alexandria Sage

HAWTHORNE, Calif. (Reuters) - Tesla Inc (NASDAQ: TSLA) upstaged its own debut of an electric heavy duty truck on Thursday when a red Roadster pulled out of the big rig's trailer and Chief Executive Elon Musk said the new $200,000 sports car would be the fastest production car ever.

The showmanship wowed the crowd although some analysts heads started throbbing at the variety of new projects launched as the company is struggling to produce the more affordable sedan upon which its future depends.

As the presentation appeared... More

Tesla (TSLA): the Future of Autopilot - Nomura/Instinet

November 16, 2017 6:49 AM EST

Nomura/Instinet analyst, Romit Shah, reiterated his Buy rating on shares of Tesla Motors (NASDAQ: TSLA) ahead of the company's event on Thursday, November 16th. The company is expected to be unveiling an electric semi-truck that does more than just out torque Class 8... More

Volkswagen Group earmarking $11.8 billion to develop, build China electric cars

November 15, 2017 11:23 PM EST

GUANGZHOU/BEIJING (Reuters) - Volkswagen Group said on Thursday it plans to spend 10 billion euros ($11.8 billion) by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles as it seeks to comply with upcoming stringent rules in China.

The group, which includes Volkswagen AG and Audi AG , intends to launch 15 of the so-called new energy vehicles (NEV) models over the next two to three years, and an additional 25 after 2025, China chief Jochem Heizmann told Reuters on Thursday.

China's NEV production and sales quotas, which must be... More

Tesla (TSLA) Short Sellers See Rare Gains So Far in Q4 - S3

November 15, 2017 5:27 PM EST

S3 Partners Managing Director of Predictive Analytics Ihor Dusaniwsky highlights short-interest positioning and performance by speculators in Tesla Inc. (NASDAQ: TSLA), as they found themselves down nearly $4.1 billion in mark-to-market losses over the first three quarters of 2017, with an... More

Tesla (TSLA) on Watch as Elon Musk Teases Semi Ahead of Tomorrow's Event

November 15, 2017 2:15 PM EST

(Updated - November 15, 2017 2:23 PM EST)

Tesla (NASDAQ: TSLA) was on watch following a tweet from Elon Musk with a photo of a semi truck. Tesla's semi unveiling is still set for November... More

GM challenges Tesla with promise of profitable electric cars

November 15, 2017 10:27 AM EST

By Paul Lienert and Nick Carey

(Reuters) - General Motors Co (NYSE: GM) plans to launch a new family of electric vehicles in 2021 that will cost less to build and make a profit for the U.S. No. 1 automaker, Chief Executive Mary Barra told investors on Wednesday.

Her plans represent a direct challenge to money-losing electric vehicle specialist Tesla Inc (NASDAQ: TSLA), which is struggling to get its more affordable, high-volume Model 3 launched and recently reported its largest-ever quarterly loss.

"We are committed to a future... More

Tesla says it will fight lawsuit claiming racial discrimination

November 15, 2017 9:12 AM EST

(Reuters) - Tesla Inc (NASDAQ: TSLA) said on Wednesday it would fight a class-action lawsuit filed against it earlier this week claiming the electric automaker's California production plant was a "hotbed for racist behavior."

The lawsuit, filed on Monday by former Tesla worker Marcus Vaughn on behalf of a group of black workers at the plant, claimed that they were addressed using racial slurs and that the company ignored their complaints.

... More