Form 10-Q Tesla, Inc. For: Jun 30

Go back to Form 10-Q Tesla, Inc. For: Jun 30

Tesla (TSLA) PT Lowered to $768 at Canaccord Genuity, Keeps 'Buy'

July 27, 2021 7:24 AM EDT

Canaccord Genuity analyst Jed Dorsheimer lowered the price target on Tesla (NASDAQ: TSLA) to $768.00 (from $812.00) while maintaining a Buy rating. The analyst commented:

Tesla delivered a surprisingly strong Q2. We are maintaining a BUY rating as our multi-year thesis of Teslas strategic move to dominate the solar... More

Tesla (TSLA) Reported $50M Impairment on Digital Assets for Six Months Ended June 30, Fair Market Value of Digital Assets is $1.47B as of June 30

July 27, 2021 6:57 AM EDT

In its 10-Q, Tesla (NASDAQ: TSLA) discloses that during the six months ended June 30, 2021, we purchased and received $1.50 billion of bitcoin. During the three and six months ended June 30, 2021, we recorded $23 million and $50 million, respectively, of impairment losses on such digital assets. We also... More