|Bid||318.40 x 900|
|Ask||318.79 x 1400|
|Day's range||309.25 - 319.58|
|52-week range||244.59 - 389.61|
|PE ratio (TTM)||N/A|
|Earnings date||31 Jul 2018 - 6 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||290.32|
The auto industry’s second-quarter earnings season is about to begin, and the majority of auto stocks are trading on a mixed note. According to recent estimates by Autodata, US light vehicle sales rose to 4.5 million units in the second quarter this year. Let’s take a look at the recent price movement in auto stocks.
There has never been anyone quite like Elon Musk in my lifetime. Fewer have been compared with Thomas Edison or amassed Mr Musk’s rock star-sized fan base. None has sent a red electric sports car into orbit with a space-suited dummy in the driver’s seat called Starman, as Mr Musk did in February.
Elon Musk is a master storyteller. Surely, at least a few people in Flint will get their water filters installed. The mystique of Musk is predicated on one undeniable accomplishment: He built a company that literally does rocket science.
Elon Musk has been tweeting a lot over the past few months. As Tesla Inc. lurched toward a Musk imposed deadline to build 5,000 Model 3 electric sedans in a week, the chief executive lashed out against a wide group of people he came to see as his company’s detractors. Journalists, Wall Street analysts, short sellers, labor unions and even federal crash-safety investigators found themselves on the receiving end of his prolific Twitter output.
Less than a week into President Donald Trump’s trade war with China, global automakers have shown there are ways to bypass the battle -- and scoring a win for Beijing in the process. Tesla Inc. and BMW AG are among the biggest potential losers from Beijing’s retaliatory tariffs on car imports from the U.S. because much of their production is centered in America.
FT subscribers can click here to receive #techFT every day by email. It has been another rollercoaster week for Elon Musk, Silicon Valley's most polarising figure. He started the week jetting off to ...
, the UK technology company shaken last year when its former chief executive was linked to a US fraud indictment, has agreed to sell its prized automotive division to a Chinese buyer. The deal will not complete until December as Telit disentangles the unit from its main business of designing chips for industrial “internet of things” technology. in October last year as Telit looked to shore up its balance sheet and pare back its sprawling business.
Electric-car pioneer Tesla Inc. no longer has the road to itself. German carmakers Daimler AG, BMW AG and Volkswagen AG are closing in and may pass their American rival by 2021, based on a consultancy’s ranking of electric automakers that factors strategy, battery technology, culture, supplier networks, partnerships and financial performance into an overall score. Tesla will remain No. 1 in 2019, according to the forecast by PA Consulting Group.
Tesla has exceeded the threshold above which its federal tax credit for EVs will start to phase out, having already delivered 200,000 vehicles in the United States
Loup Ventures' Gene Munster explains why Apple's and Tesla's futures look more promising, compared with Amazon's currently soaring stock.
Jeffrey Osborne, senior research analyst at Cowen, discusses the challenges his firm sees for Tesla Inc. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets: European Close." (Source: ...
Tesla Inc. says its customers won't get the full $7,500 federal electric vehicle tax credit after Dec. 31. Under federal law, buyers get the full credit until a manufacturer reaches 200,000 in sales since the start of 2010. The announcement on Tesla's site means the company hit 200,000 in sales this month.
Tesla and Nissan have both recognized in recent days the importance of China as a leader in the EV revolution, with two of the biggest electric vehicle producers in the world eager to get involved in the booming market
The clock is ticking for Tesla Inc. customers looking for incentives on their purchase. The $7,500 federal tax credit for electric vehicles is set to start phasing out for the Model S, Model X, and Model 3 after Dec. 31, according to the company’s website. The Palo Alto, California-based carmaker is the first to trigger the reduced incentive in the U.S.
Tesla (TSLA) raises prices of Model X and Model S and also, inks a deal to build its first factory outside the United States. Ford (F), however, abstains from raising prices.
On July 1, Elon Musk went home to sleep. The chief executive of Tesla Inc. had been camping out at his electric car factory in Fremont, Calif., for much of the past week. “I was wearing the same clothes for five days,” Musk says in an interview with Bloomberg Businessweek.
Panasonic Corp. said it’s open to teaming up with Tesla Inc. on the U.S. carmaker’s plan to build a factory in Shanghai. The Japanese company hasn’t received a request from Tesla to cooperate in China, said Yoshio Ito, chief of Panasonic’s automotive and industrial systems unit. The factory isn’t an option to supply Tesla, however, because it makes square batteries, unlike the cylindrical ones used by the carmaker, he said.
Tesla is to build a factory in China capable of producing 500,000 annually, in two or three years' time, according to reports Tuesday. Tesla has talked about a China factory for years, but that number keeps recurring as well. Maybe it has such resonance, because when Tesla first started to attract press for its Roadster, it was the hybrid production of a rival automaker which provided an obvious contextual datapoint: “with more than 500,000 cars sold globally, Toyota's Prius is clearly one of the cars of choice for green consumers”, wrote the Australian in 2006.
A former Tesla employee Elon Musk described recently described as a saboteur has filed a whistle-blower tip to the SEC #tictocnews https://bloom.bg/2K0UKj2 (Source: Bloomberg)