Morgan Stanley Reiterates Equalweight Rating on Tesla (TSLA)

Elon Musk's Boring Co raises about $117 million in latest funding round

(Reuters) - Elon Musk's Boring Co raised about $117 million in its latest round of funding from 20 unnamed investors after offering to sell about $120 million in equity, the company disclosed in a regulatory filing on Friday.

The company had raised $112.5 million in equity in April last year, with Musk... More

Active options: TSLA GOOGL GOOG NVDA MU MSFT

Active options: TSLA GOOGL GOOG NVDA MU MSFT

Tesla (TSLA) Declines 2.3%

Tesla (NASDAQ: TSLA) Declines 2.3%

CFRA Downgrades Tesla (TSLA) to Strong Sell (yesterday)

CFRA analyst Garrett Nelson downgraded Tesla (NASDAQ: TSLA) from Sell to Strong Sell, price target $135.00 (from $150.00)

For an analyst ratings summary and ratings history on Tesla click here. For more ratings news on Tesla click here.

Shares of Tesla closed at $228.40 yesterday.

Tesla (TSLA) PT Lowered to $333 at Argus

Argus lowered its price target on Tesla (NASDAQ: TSLA) to $333.00 (from $385.00) while maintaining a Buy rating.

Shark Kevin O'Leary Said He Bought Tesla (TSLA) Stock

On CNBC, Shark Tank host Kevin O'Leary said he bought Tesla (NASDAQ: TSLA) stock today because the hottest auto engineers want to work at the company.

Greenlight made new bets on Chemours, Dillard's in second quarter-letter

BOSTON (Reuters) - David Einhorn's hedge fund Greenlight Capital said on Thursday that it made new bets on chemical company Chemours (NYSE: CC), retailer Dillard's Inc. (NYSE: DDS) and gambling products company Scientific Games Corporation (NASDAQ:... More

Active options: TSLA FB SNAP AAPL BAC F NFLX BA BYND INTC

Active options: TSLA FB SNAP AAPL BAC F NFLX BA BYND INTC

Tesla (TSLA) Hits Low, Down 14.8%

Tesla (NASDAQ: TSLA) Hits Low, Down 14.8%

Pre-Open Movers 07/25: (DBD) (NTGR) (MTH) Higher; (ALGN) (SAVE) (PTC) (more...)

Today's Pre-Open Movers

Align Technology (NASDAQ: ALGN) 20.8% LOWER; reported Q2 EPS of $1.83, $0.32 better than the analyst estimate of $1.51. Revenue for the quarter came in at $600.7 million versus the consensus estimate of $599.38 million. Align Technology sees Q3 2019 EPS of $1.09-$1.16, versus the consensus of $1.44. Align Technology sees Q3 2019 revenue of $585-600 million, versus the consensus of $623.7 million.

Spirit Airlines (NYSE: SAVE) 14.6% LOWER; reported Q2 EPS of $1.69, $0.04 better than the analyst estimate of $1.65. Revenue for the quarter came in at $1.01... More

Tesla (TSLA) PT Lowered to $356 at Oppenheimer

Oppenheimer analyst Colin Rusch lowered the price target on Tesla (NASDAQ: TSLA) to $356.00 (from $437.00) while maintaining a Outperform rating.

Tesla shares, bonds under pressure as Musk changes tune on profit

By Munsif Vengattil and Kate Duguid

(Reuters) - Shares of Tesla Inc (NASDAQ: TSLA) sank 14% on Thursday and its bonds traded lower, a day after the electric carmaker said it needed more time to turn a profit, reported lower margins and announced the departure of a key executive.

Investors knocked more than $6 billion off Tesla's market value in response to the company's second-quarter results.

Only two Wall Street brokerages reduced their existing share price target for the company, but a batch of downbeat research notes from analysts focused on shrinking margins, a key... More

Tesla (TSLA) PT Lowered to $337 at JMP Securities

JMP Securities analyst Joseph Osha lowered the price target on Tesla (NASDAQ: TSLA) to $337.00 (from $347.00) while maintaining a Market Outperform rating following the company's 2Q. Tesla reported results for the second quarter that were generally in line with expectations in terms of... More

Barclays Reiterates Underweight Rating on Tesla (TSLA)

Barclays analyst Brian Johnson reiterated an Underweight rating and $150.00 price target on Tesla (NASDAQ: TSLA). Although the push to move cars led to record deliveries, neither revenues nor EPS were anywhere near a record.

Some bullish investors might have anticipated a modest... More

Tesla (TSLA) PT Lowered to $350 at Canaccord Genuity

Canaccord Genuity lowered its price target on Tesla (NASDAQ: TSLA) to $350.00 (from $394.00) while maintaining a Buy rating.

Tesla (TSLA) PT Cut to $270 at Nomura/Instinet as Profitability Metrics Underwhelm

Nomura/Instinet analyst, Christopher Eberle, cut the price target on Tesla (NASDAQ: TSLA) to $270.00 (from $300.00) after reporting mixed 2Q19 results with Deliveries exceeding initial expectations meaningfully but Profitability metrics underwhelming. Automotive gross margin declined sequentially and non-GAAP loss-per-share missed revised Street estimates by over... More

Tesla (TSLA) Call Offers 5 Key Takeaways - Morgan Stanley

Morgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $230.00 price target on Tesla (NASDAQ: TSLA) offering 5 thoughts after the company's earnings call:

1) JB Straubel is giving up CTO role, which may overshadow results as the biggest piece of news.

2)... More

STMicro lowers full-year sales guidance as chip market remains volatile

PARIS (Reuters) - Franco-Italian chipmaker STMicroelectronics lowered its full-year sales guidance on Thursday in spite of improved activity in the second-quarter, signaling how the sector remains volatile given trade tensions between the United States and China.

The supplier to iPhone maker Apple (NASDAQ: AAPL) and electric carmaker Tesla (NASDAQ:... More

Old habits die hard: Saudi Arabia struggles to end oil addiction

By Rania El Gamal and Saeed Azhar

DUBAI (Reuters) - When Saudi Aramco was on the verge of a deal last year to buy a stake in an Indian oil refinery, its boss quickly boarded a company jet in Paris and flew to New Delhi.

Chief executive Amin Nasser arrived unannounced early on April 11, 2018, finalised the agreement and signed it later that day. Negotiators had just finished hammering out the details.

His last-minute flight, after a business trip to France with Crown Prince Mohammed bin Salman, underlined the importance of the deal both to Saudi... More