UPDATE: Moody's downgrades Tesla's (TSLA) corporate family rating to B3, senior notes to Caa1; Outlook is negative
- Stocks hit by tech slide; yen flails at intervention zone
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen hits fresh 34-year lows against dollar ahead of BOJ meeting
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Barclays Reiterates Underweight on Tesla (TSLA)
March 29, 2018 8:39 AM EDTBarclays reiterated an Underweight rating and $210.00 price target on Tesla Motors (NASDAQ: TSLA). Analyst Brian Johnson senses a shift, as the key purple pillers, those who have been skeptical of Tesla but happy to be long the stock amid momentum, and who have... More
Tesla Motors (TSLA) 'Shares Oversold in the Near-Term... Model 3 Checks Show Volumes are Ramping' -KeyBanc
March 29, 2018 6:41 AM EDTKeyBanc maintained its Sector Weight rating on Tesla Motors (NASDAQ: TSLA), as the company's shares are down over 20% the past week.
Analyst Brad Erickson defends TSLA shares, as they are down 21% over the last week, compared to the NASDAQ (down 7%),... More
Tesla (TSLA) Sinks 5% in Pre-Open Trade
March 28, 2018 9:27 AM EDTTesla (NASDAQ: TSLA) sinks 5.3% in pre-open trade amid the debt downgrade and cautious analyst comments. Shares fell 8.2% yesterday amid regulatory concerns about its autopilot feature.
... MoreRecent News Highlights Tesla (TSLA) Risks - Oppenheimer
March 28, 2018 9:20 AM EDTOppenheimer analyst Colin Rusch said the recent deluge of bad news highlights Tesla Motors (NASDAQ: TSLA) risks.
Rusch commented, "TSLA shares continue to suffer through a series of bad news, with Moodys downgrading its recent high-yield offering... More
Cowen Sees Continued Model 3 Challenges for Tesla (TSLA), Notes Cash Burn Pressures
March 28, 2018 6:59 AM EDTCowen analyst Jeffrey Osborne reiterated an Underperform rating and $200 price target on Tesla Motors (NASDAQ: TSLA) after previewing Q1.
Osborne expects continued challenges for the Model 3 in the 1Q18 delivery report next week, and are leaving their Model 3 delivery figure unchanged at 7,500 and are lowering our Model S/X delivery figures to 22,500.
The analyst see the slow ramp and cash burn putting pressure on the stock... More