Tesla Motors (TSLA) Will Have the Only Direct-Sales Model in This Key State
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Stifel Lifts Q4 EPS Estimates on Tesla (TSLA) Into Report; Remains Cautious on Long-Term Outlook
February 19, 2014 8:37 AM ESTStifel maintains its Hold rating on Tesla Motors (Nasdaq: TSLA) into the company's Q413 report, which is expected out after markets close Wednesday.
Analyst James Albertine boosts his Q4 EPS estimate from $0.17 up to $0.23, with consensus views at $0.21. The analyst noted management's delivery pre-announecement in January of 6,900 units and his 25.0 percent gross margin estimate as reasons for the increased EPS outlook.
Along with delivery and gross margin numbers, Albertine's model calls for average Model S prices of $105,000 in the latest quarter, which compares with $104,259 per unit in Q313, which would... More
Tesla (TSLA) Expansion in Key Market May Be Clipped with New Legislation
February 12, 2014 7:43 AM ESTTesla Motors (Nasdaq: TSLA) is facing a roadblock from expanding in one if its key markets.
According to reports out Tuesday night, new legislation is being weighed in Washington state which would effectively prevent Tesla from opening more store around the Seattle area. It was reported earlier this year that the region was one of the best... More
Ohio Dealers Make Another Push to Block Tesla's (TSLA) Direct-Sales Model
February 11, 2014 6:46 AM ESTTesla Motors (Nasdaq: TSLA) CEO Elon Musk noted that Ohio auto dealers are making another push to keep the company from being able to sell directly to customers.
The following was posted on Musk's official Twitter account earlier:
... More
