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Tesla's (TSLA) Model S is on Fire...in This Key European Market
October 8, 2013 8:19 AM EDTTesla Motors (Nasdaq: TSLA) is up in early trading following reports that the company had the top-selling vehicle last month in at least one European market.
Reuters pointed out Tuesday that dealers in Norway had Tesla's Model S as the... More
Washington FD Basically Affirms Tesla's (TSLA) Claims Over Model S Fire
October 4, 2013 7:49 AM EDTThe Kent Fire Department RFA released its report from the Tesla Motors (Nasdaq: TSLA) Model S crash which happened recently and made headlines earlier in the week.
In the report can be seen a schematic of what happened to the... More
Tesla (TSLA) Car Fire News Comes at Bad Time: While Co. Its Still Growing - Analyst
October 3, 2013 12:41 PM EDTStifel maintains a Hold rating on Tesla Motors (Nasdaq: TSLA) Thursday following reports and video of a Model S fire that circulated Wednesday.
Analyst Jamie Albertine said that, while the report is a negative for Tesla and all global automakers with hybrids with electrics... More
Tesla (TSLA) Model S Fire Changes Everything and Nothing at All
October 3, 2013 7:51 AM EDTDespite some vigorous analyst defense this morning, shares of Wall Street darling Tesla (NASDAQ: TSLA) remain under pressure as details of the recent Model S fire come to light. After dropping 6.2% on Wednesday, shares are down another 3.2% in pre-open trade Thursday.
Tesla confirmed the fire Wednesday near Seattle, saying it was contained to the front of vehicle and never entered the interior cabin. It was caused by a "direct impact of a large metallic object to one of the 16 modules within the Model S... More
Tesla (TSLA) Model S Fire Doesn't Change Bullish Thesis - Deutsche Bank
October 3, 2013 7:24 AM EDTDeutsche Bank analyst Dan Galves reiterated a Buy rating and $200 price target on Tesla Motors (NASDAQ: TSLA) amid news of a Model S fire. The firm said the fire was bound to happen and doesn't change his thesis.
"Although Tesla has not completed a full analysis of the incident, they do believe that the battery pack was damaged in some way and was the cause of the fire," Galves noted. "We expect that... More
