359.19 -0.49 (-0.14%)
After hours: 5:16PM EST
|Bid||359.50 x 1200|
|Ask||359.32 x 800|
|Day's range||353.24 - 362.68|
|52-week range||176.99 - 377.87|
|Beta (5Y Monthly)||0.58|
|PE ratio (TTM)||N/A|
|Earnings date||28 Jan 2020 - 3 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||286.81|
Thyssenkrupp is hoping to win contracts for a planned factory Tesla plans to build near Berlin, a board member of the German conglomerate told a business daily. "We are in talks over carrying out certain services," Klaus Keysberg, board member in charge of steel and materials services at Thyssenkrupp, told Handelsblatt, declining to be more specific. Thyssenkrupp makes everything from elevators and submarines to car parts, steel and fertilizers plants.
U.S. electric vehicle maker Tesla Inc plans to increase prices of imported Model 3 vehicles in China in January, sources familiar with the matter said. Tesla plans to increase prices of imported Model 3 vehicles with longer range and those with performance function, which are currently priced at 439,900 yuan (£48,710.49) and 509,900 yuan, respectively. The move comes as Tesla, which is building a car plant in Shanghai, aims to deliver China-made Model 3 sedans, which are priced at 355,800 yuan, to customers before Jan. 25 next year.
Tesla plans to build 500,000 electric vehicles a year at its new factory on the outskirts of Berlin, Germany's Bild newspaper reported on Wednesday. Last month, Tesla Chief Executive Elon Musk announced that a site in Gruenheide, Brandenburg, had been chosen to build Tesla Model 3 and Model Y vehicles. German newspaper Frankfurter Allgemeine Zeitung reported that Tesla will invest up to 4 billion euros (£3.44 billion) in the plant.
Tesla, Eldorado Resorts, Dick???s Sporting Goods, Gaming and Leisure Properties and Target highlighted as Zacks Bull and Bear of the Day
Elon Musk won his defence against a charge of defamation on Friday afternoon, when a jury in Los Angeles found for the Tesla boss after less than an hour of deliberation. Vernon Unsworth, a British diver, had sought $190m in damages over tweets Mr Musk sent last year that included calling him “pedo guy”. “My faith in humanity is restored,” Mr Musk said as he left the court.
A U.S. District Court jury in Los Angeles on Friday found in favour of Tesla Inc boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter. The plaintiff, Vernon Unsworth, was seeking $190 million (£148 million) damages against Musk, who during the trial estimated his net worth at $20 billion.
Alibaba (BABA)-backed AutoX applies for testing its self-driving vehicles, without in-car driver backup, thereby stirring competition in the autonomous-vehicle tech space.
Alphaville is a big fan of Morgan Stanley equity analyst Adam Jonas. Over the years, Jonas’s commentary on electric car company Tesla has kept us amused, as you might have noticed back in May when we recounted his greatest hits. This note was an update to the Jonas bull-case for Tesla, with a price target raise to $500 under his best-case scenario.
Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter. The unanimous verdict by a panel of five women and three men was returned after roughly 45 minutes of deliberation on the fourth day of Musk's trial. Legal experts believe it was the first major defamation lawsuit brought by a private individual over remarks on Twitter to be decided by a jury.
Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker's push into the world's biggest auto market. China's industry ministry had earlier said Tesla's Model 3 cars, being built at its $2 billion factory in Shanghai, were on a list recommended for subsidies for new energy vehicles (NEVs), which include plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells. Tesla said in a statement the subsidies had been secured.
The British cave explorer suing Elon Musk testified on Wednesday he felt "branded a pedophile" by the billionaire entrepreneur, despite Musk's assertion that his "pedo guy" tweet at the heart of the defamation case was not meant to be taken literally. Vernon Unsworth, seeking unspecified damages in his lawsuit against Musk, took the witness stand on the second day of a trial stemming from their public squabble over last year's rescue of 12 boys and their soccer coach from a flooded cave in Thailand. Unsworth's appearance in a packed federal courtroom in Los Angeles came hours after Musk, the chief executive of electric carmaker Tesla Inc and founder of rocket company SpaceX, concluded two days of testimony seeking to minimize his tweets as offhand comments.