322.12 -0.57 (-0.18%)
After hours: 6:46PM EDT
|Bid||321.49 x 900|
|Ask||322.27 x 800|
|Day's range||308.50 - 324.73|
|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|
Billionaire tech pioneer Elon Musk called a British diver a “pedo." The diver suggested that he might sue — and if he does, he has a strong case, according to two legal experts.
One of Tesla Inc.’s biggest bulls is offering Elon Musk some advice: Cool it. Gene Munster, a managing partner at venture capital firm Loup Ventures, wrote an open letter to Tesla’s chief executive officer Tuesday to tell Musk that his conduct the last six month has been concerning and is shaking investor confidence.
Tesla's stock took a beating Monday on the heels of a quickly-deleted tweet from Musk attacking a Thai rescue diver. Munster wrote the letter "on behalf of investors who believe in you and your mission," he said, though neither Munster nor Loup Venture own shares of Tesla. Elon Musk is no stranger to headlines, drawing eyes and laughs with outlandish tweets and good-natured antics , but tech VC Gene Munster of Loup Ventures says Musk's latest stunt crossed a line.
Several U.S. giants are hard at work on their next acts overseas, though one of the world's biggest is bracing for a minor EU setback.
Tesla stock plunged 3% on Monday on news that Musk called the diver a “pedophile guy” and of his controversial political contributions to Republican campaign groups. Musk's allegations about the diver have since been deleted from his Twitter Inc. ( TWTR) page, which has 22 million followers.
The Tesla Inc Model 3 sedan is the most profitable electric car in the automotive industry, according to the head of a top automotive consultant. Sandy Munro, president of Michigan-based Munro & Associates, said the car generates net profit margins in excess of 30 percent. Tesla, whose shares were up 1.7 percent at $315.42 in Tuesday morning trading on the Nasdaq, is pushing to increase production of the Model 3, which starts at $35,000 and is key to the electric carmaker's profitability.
Shares of Tesla TSLA took a nosedive Monday after CEO Elon Musk once again came under fire for a string of controversial tweets. Investors have been here before , with the volatile stock entering yet another correction during what’s proved a rocky year. Some market forecasters see bigger losses to come, citing factors like a corporate leader mired in controversy, and lingering concerns about vehicle production.
After Tesla CEO Elon Musk baselessly accused British cave diver and Thai cave rescue hero Vern Unsworth of being a "pedo", Tesla shares fell by 2.75% on Monday, knocking almost $2bn off the company's value.Musk's accusations against Unsworth, for which he provided no justification, saw him receive harsh criticism on social media, as well as from mainstream media.Here's more.
(Reuters) - Shares of Tesla Inc fell over 3.5 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cavers involved in the rescue of 12 Thai children last week. A number of analysts and investors, requesting anonymity, told Reuters that Musk's comments were adding to their concerns that his public statements were distracting him from Tesla's main business of producing electric cars. Tesla shares were at $307.20 in after-hours trading on Monday from Friday's close of $318.87.
A number of analysts and investors, requesting anonymity, told Reuters that Musk's comments were adding to their concerns that his public statements were distracting him from Tesla's main business of producing electric cars. Tesla shares were at $307.20 in after-hours trading on Monday from Friday's close of $318.87. James Anderson, a partner at Tesla's fourth-largest shareholder, asset manager Baillie Gifford, called the weekend's events "a regrettable instance" and said he had reiterated to the company the need for "peace and execution" of its core business.
Whether it's investors betting against his stock or reporters or analysts who ask tough questions, Elon Musk has fought back, often around the clock on Twitter.
Tesla Inc. Chief Executive Elon Musk for years has used Twitter to combat critics in ways that few other business leaders would dare. Mr. Musk took offense at comments from a British cave explorer who dismissed the billionaire entrepreneur’s efforts to rescue the youth soccer team trapped in a Thailand cave as an ill-informed public-relations stunt. “Sorry pedo guy, you really did ask for it,” read a post on Mr. Musk’s official Twitter account early Sunday in response to the explorer’s criticism.