Tesla (TSLA) Remains Needham's Top Concern, Reiterates Underperform

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Oppenheimer Reiterates Outperform Rating on Tesla (TSLA) Following 3Q Delivery Report

October 3, 2019 8:29 AM EDT

Oppenheimer analyst Colin Rusch reiterated an Outperform rating and $356.00 price target on Tesla (NASDAQ: TSLA) following the company's 3Q delivery report. Deliveries beat consensus of ~95K vehicles, and the company continued to work down finished goods inventory as production for the quarter was... More

Tesla (TSLA) Lower/No Growth Fails to Warrant The Current Valuation - Cowen

October 3, 2019 7:31 AM EDT

Cowen analyst Jeffrey Osborne reiterated an Underperform rating and $140.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "We expect shares to be under pressure despite deliveries coming in slightly above and with a more favorable mix toward... More

Wedbush Reiterates Neutral Rating on Tesla (TSLA) Following 3Q Delivery Numbers

October 3, 2019 7:19 AM EDT

Wedbush analyst Daniel Ives reiterated a Neutral rating and $220.00 price target on Tesla (NASDAQ: TSLA) following the company's report on 3Q deliveries. Total Deliveries of 97K were up slightly 2% q/ q and ahead of the Streets 95,100 estimate. The most important number in the... More

Thoughts on Tesla's (TSLA) Missed Shipment Numbers - BofA

October 3, 2019 6:26 AM EDT

BofA/Merrill Lynch analyst John Murphy reiterated an Underperform rating and $225.00 price target on Tesla (NASDAQ: TSLA) after the company announced 3Q:19 deliveries of about 97,000 vehicles, falling short of CEO Elon Musks target/projection for the company to deliver 100k+ vehicles as wel as a more conservative consensus of 94,422. TSLA delivered... More

Morgan Stanley Reiterates Equalweight Rating on Tesla (TSLA)

October 3, 2019 5:20 AM EDT

Morgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $230.00 price target on Tesla (NASDAQ: TSLA).

Says the strong delivery print was expected and notes the focus now shifts to margins.

For an analyst ratings summary and ratings... More

Macquarie Reiterates Outperform Rating & $400 PT on Tesla (TSLA), 'We Are Not Concerned About Demand'

October 3, 2019 5:19 AM EDT

Macquarie analyst Maynard Um reiterated an Outperform rating and $400.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Q3 could have easily been a quarter where there was softer seq demand volume due to a US subsidy reduction, European seasonality, and slower China sales... More

Tesla (TSLA) weekly option implied volatility elevated as shares pull back in premarket on Q3 sales data

October 3, 2019 5:07 AM EDT

Tesla (NASDAQ: TSLA) October weekly call option implied volatility is at 75, October is at 47; compared to its 52-week range of 42 to 87 into the release of less than expected Q3sales data. Call put ratio 1 call to 1.7 puts with focus on October weekly puts.

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Nomura/Instinet Reiterates Neutral Rating on Tesla (TSLA), Expects Investors to Focus on Ongoing Sales Deceleration in Premium Autos

October 3, 2019 4:46 AM EDT

Nomura/Instinet analyst Christopher Eberle reiterated a Neutral rating and $270.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Teslas 3Q vehicle deliveries of 97,000 were an all-time record and above consensus but slightly below our forecast. Model 3 deliveries of 79,600 (+2.5% QoQ, +42% YoY) were... More

JPMorgan Reiterates Underweight Rating on Tesla (TSLA), Trims EPS Estimates for FY 2019

October 3, 2019 4:41 AM EDT

JPMorgan analyst Ryan Brinkman reiterated an Underweight rating and $200.00 price target on Tesla (NASDAQ: TSLA).

Cuts FY 2019 EPS estimate due to lower Model S/X Mix.Suspects FY guidance is "tough to meet."Believes valuation remains lofty and sees challenges given... More

JMP Securities Downgrades Tesla (TSLA) to Market Perform, 'Likely to Struggle to Hit Low End of its 2019 Target Range'

October 3, 2019 4:36 AM EDT

JMP Securities analyst Joseph Osha downgraded Tesla (NASDAQ: TSLA) from Market Outperform to Market Perform.

The analyst comments "..., the delivery data show lowsingle-digit sequential unit growth, and we know of no operational issues that could have prevented TSLA from delivering more vehicles if demand... More

Options expected to have increasing volume: TSLA GPRO PUMA BBBY

October 3, 2019 4:31 AM EDT

Options expected to have increasing volume: TSLA GPRO PUMA BBBY

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Baird Sees Focus on Tesla (TSLA) Shifting to Margins Now

October 3, 2019 4:21 AM EDT

Baird analyst Ben Kallo reiterated an Outperform rating and $355.00 price target on Tesla (NASDAQ: TSLA).

THe analyst comments "Record deliveries were roughly in line with our/consensus estimates, but missed elevated whisper numbers following the email leak. We think 2019 volume guidance is still... More

Barclays Reiterates Underweight Rating on Tesla (TSLA), Says Equity Remains Overvalued Following Q3 Delivery Numbers, Sees Possible Upside Swing Trade to $290

October 2, 2019 8:48 PM EDT

Barclays analyst Brian Johnson reiterated an Underweight rating and $150.00 price target on Tesla (NASDAQ: TSLA).

Believes equity is overvalued.Sees valuation lacking reflection of risks and challenges inherent in lofty growth ambitions set by management.Says leaked emails are a... More

Tesla (TSLA) Q3 Delivery Numbers a 'Step in the Right Direction' - Wedbush

October 2, 2019 8:38 PM EDT

Wedbush analyst Daniel Ives reiterated a Neutral rating and $220.00 price target on Tesla (NASDAQ: TSLA).

Says Q3 delivery numbers were step in right direction while noting "bulls wanted more."Says delivery results met management guide for sequential Q2 to... More

After-Hours Movers 10/02: (PBYI) (EYPT) (ETFC) Higher; (RECN) (TSLA) (CIO) Lower (more...)

October 2, 2019 5:23 PM EDT

Today's After-Hours

Puma Biotechnology, Inc. (NASDAQ: PBYI) 12.4% HIGHER; announced that the U.S. Food and Drug Administration (FDA) has approved a labeling supplement for NERLYNX® (neratinib) for the extended adjuvant treatment of HER2-positive early stage breast cancer. With the approval of the labeling supplement, the label now includes safety information based on interim results from Pumas Phase II CONTROL Trial, a study evaluating antidiarrheal prophylaxis or dose escalation in the reduction of neratinib-associated diarrhea that has a primary endpoint of the incidence of grade 3 or... More

Tesla (TSLA) Delivers 97,000 Vehicles in Q3

October 2, 2019 4:32 PM EDT

Tesla (Nasdaq: TSLA) announced that in the third quarter, they achieved record production of 96,155 vehicles and record deliveries of approximately 97,000 vehicles.

In addition, we achieved record net orders in Q3 and are entering Q4 with an increase in our order... More

Troubles with Tesla's automated parking feature summon safety regulators

October 2, 2019 2:46 PM EDT

By David Shepardson and Vibhuti Sharma

WASHINGTON/BENGALURU (Reuters) - U.S. regulators are looking into parking lot crashes involving Tesla Inc (NASDAQ: TSLA) cars driving themselves to their owners using the company's Smart Summon feature, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday.

Several users have posted videos on social media of Tesla vehicles that appear to have been in near accidents. One posted a video of a Tesla striking a garage wall and another of a Tesla being struck by a vehicle backing up.

A... More

Exane BNP Paribas Starts Tesla (TSLA) at Outperform

October 2, 2019 8:06 AM EDT

Exane BNP Paribas initiates coverage on Tesla (NASDAQ: TSLA) with a Outperform rating.

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 $242.98 yesterday.

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Tesla (TSLA) Bull/Bear Lunch This Thursday Offers A Venue for Investors to Solidify Opinions - Morgan Stanley

October 2, 2019 7:15 AM EDT

Morgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $230.00 price target on Tesla (NASDAQ: TSLA) noting that investor concerns around demand are far less severe than they were 3 or 4 months ago. Morgan is holding Bulls vs Bears investor lunch this Thursday to think through ideas including... More

Tesla (TSLA) October weekly option implied volatility increases into Q3 data

October 2, 2019 4:53 AM EDT

Tesla (NASDAQ: TSLA) October weekly call option implied volatility is at 64, October is at 45; compared to its 52-week range of 42 to 87 into the expected release of sales data for Q3. Call put ratio 1 call to 1.1 puts.

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Options expected to have increasing volume: SFIX PAYX LEN LW COST PEP TSLA VHC UNFI AMTD

October 2, 2019 4:16 AM EDT

Options expected to have increasing volume: SFIX PAYX LEN LW COST PEP TSLA VHC UNFI AMTD

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Tesla's China production to start, eyes on mass production timing: sources

October 2, 2019 2:32 AM EDT

By Yilei Sun and John Ruwitch

SHANGHAI (Reuters) - Tesla Inc's (NASDAQ: TSLA) China factory aims to start production this month but it is unclear when it will meet year-end production targets due to uncertainties around orders, labor and suppliers, sources with knowledge of the matter said.

The U.S. electric vehicle maker aims to produce at least 1,000 Model 3s a week from the new factory by the end of this year, the centerpiece of its ambitions to boost sales in the world's biggest auto market and avoid higher import tariffs imposed... More

Tesla (TSLA) is Buying Computer Vision Start-Up DeepScale - CNBC

October 1, 2019 3:31 PM EDT

Tesla (NASDAQ: TSLA) is Buying Computer Vision Start-Up DeepScale - CNBC

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