Tesla (TSLA) May Have Engaged in a Heavily Discounted China Fleet Sale to Hit its 2Q20 Delivery Figure - GLJ Research

Cowen Upgrades Tesla (TSLA) to Market Perform

July 23, 2020 5:45 AM EDT

Cowen analyst Jeffrey Osborne upgraded Tesla (NASDAQ: TSLA) from Underperform to Market Perform with a price target of $1,100.00.

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 $1664.00 yesterday.

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Profit or not? Analysts divided ahead of Tesla's second-quarter results

July 21, 2020 1:32 PM EDT

By Tina Bellon and Akanksha Rana

(Reuters) - When Tesla Inc (NASDAQ: TSLA) reports second-quarter results after the bell on Wednesday, investors will be keen to see whether the electric carmaker has delivered a profit during the global pandemic that has sunk most of its internal combustion rivals deep in red ink.

Analysts' estimates for Tesla's second quarter range from an adjusted loss as steep as $2.53 a share to a $1.41 per share profit. On average, they expect an adjusted 11 cents loss per share and a net loss of $240 million, according to... More

Bosch creates single unit to oversee software, systems development

July 21, 2020 7:11 AM EDT

By Paul Lienert and Edward Taylor

(Reuters) - Germanys Robert Bosch GmbH, the worlds largest auto parts supplier, said on Tuesday it is consolidating its software and electronics expertise in a single division, in order to get new digitalized vehicle functions on the road significantly faster.

Bosch is the latest large automotive company to shift its emphasis from hardware to software as vehicles continue their transformation into mobile devices... More

S&P 500 closes slightly higher as stimulus hopes lift cyclical stocks

July 21, 2020 6:36 AM EDT

By Stephen Culp

NEW YORK (Reuters) - The S&P 500 edged higher on Tuesday, as investors rotated into economically sensitive cyclical stocks, optimistic that Washington will deliver a new round of stimulus to sustain the U.S. economic recovery from a pandemic-induced recession.

Financial, industrial and energy stocks gave the biggest boosts to the bellwether S&P 500 and blue-chip Dow as investors pivoted back to cyclicals. The march upward lost steam late in the session, and a drop in tech shares pulled the Nasdaq lower.

The S&P 500 has moved into positive territory year-to-date, up 0.8%. The... More

Tesla (TSLA) calls more active than puts into upcoming headlines

July 21, 2020 6:11 AM EDT

Tesla (NASDAQ: TSLA) July weekly call option implied volatility is at 177, August is at 108; compared to its 52-week range of 33 to 154 into the expected release of quarter results on July 22. Call put ratio 2.1 calls to 1 into annual shareholder meeting and 'Battery Day' on September 22.

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Tesla (TSLA) July weekly option implied volatility elevated at 177 into quarter results

July 21, 2020 4:56 AM EDT

Tesla (NASDAQ: TSLA) July weekly call option implied volatility is at 177, August is at 107; compared to its 52-week range of 35 to 154 amid gains of +265% this year.

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JMP Securities Downgrades Tesla (TSLA) to Market Perform; Near-Term Success Priced In

July 21, 2020 4:19 AM EDT

(Updated - July 21, 2020 4:34 AM EDT)

(updating comment)

JMP Securities analyst Joseph Osha downgraded Tesla (NASDAQ: TSLA) from Market Outperform to Market Perform, saying the intermediate-term success that the company might discuss during its earnings call tomorrow is now fairly reflected in... More

Tesla (TSLA) Aiming for All-Time Record Deliveries This Quarter - Electrek

July 20, 2020 3:13 PM EDT

Tesla (NASDAQ: TSLA) Aiming for All-Time Record Deliveries This Quarter - Electrek

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