261.59 -2.94 (-1.11%)
Pre-market: 5:51AM EDT
|Bid||260.61 x 1300|
|Ask||261.74 x 1200|
|Day's range||264.00 - 272.79|
|52-week range||244.59 - 387.46|
|Beta (3Y monthly)||0.05|
|PE ratio (TTM)||N/A|
|Earnings date||30 Apr 2019 - 6 May 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||328.32|
Elsewhere on Monday, -- Brexit's economic path of destruction -- How to launder cash -- Fresh out of prison, and it's back to business for ex-Enron CEO Jeff Skilling -- Peacocks, PR and venture capital ...
Chief executives have found ways to talk themselves into trouble since well before the advent of the internet. ” for a buyout of Tesla, the carmaker he heads, triggered instant controversy. Mr Musk remains chief executive (though he had to relinquish the chairmanship), but he is still fighting the US Securities and Exchange Commission.
Tesla has filed a lawsuit against four former employees, accusing them of stealing trade secrets and offering them to a rival company. According to the complaint, the former Tesla employees gave confidential information to autonomous vehicle start-up Zoox. The documents
In a Friday filing in Manhattan federal court, Musk's lawyers also said their client "respects his obligations" to the electric car company, its shareholders and the court. Musk is trying to avoid being held in contempt for violating his October 2018 fraud settlement with the SEC, for having tweeted at 7:15 p.m. EST on Feb. 19 to his over 24 million Twitter followers that Tesla could build around 500,000 vehicles in 2019. SEC spokesman Ryan White declined to comment.
Analyst Jeff Osborne is lowering his Model 3 delivery forecast from 55,000 to 47,500. Analyst Jeff Osborne is lowering his Model 3 delivery forecast from 55,000 to 47,500 and his Model S and Model X delivery forecast from 21,500 to 18,000, based on data from government and third-party sources. The Model 3 has been considered a key product for Tesla's push from niche electric automaker to a true mass market brand.
Tesla is revising its referral program, which had been popular with customers. Referrers and new customers referred will be eligible for 1,000 miles of free use of Tesla's Supercharger network. Referrers will be entered into drawings for special editions of the Model Y crossover and second-generation Tesla Roadster.
To boost morale, Tesla opened a pop-up shop at the Gigafactory where employees could procure company swag on the cheap. CNBC visited the sprawling battery plant during "Merch Madness" and observed lines to rival the opening day of a new "Star Wars" sequel.
There’s been a whole lot of turnover in executive suites at auto makers in recent years. The latest new face: incoming Ford chief financial officer Tim Stone.
Deliveries set for two continents simultaneously with North America were a first for the Palo Alto, California-based company and the associated stress is something that will not be repeated in subsequent quarters, Musk said in the email seen by Reuters. Tesla declined to comment further.
In a first-quarter push to boost vehicle deliveries, Tesla CEO Elon Musk asked all employees to shift their focus to delivering cars to customers-- no matter their role. Tesla CEO Elon Musk sent an e-mail to all employees on Thursday urging them to volunteer to help out with deliveries, no matter their role. The move is typical -- Tesla TSLA execs, including Musk, usually call for "all-hands on deck" to try to meet end-of-quarter goals.
Tesla continues to catch the most headlines of any electric vehicle company, but its sales in key markets such as the European one aren't what most people think they are
Nowadays, it seems like everyone is rooting for greater electric vehicle adoption, but no one is willing to build the infrastructure
Wolfe Research auto analysts Rod Lache and Dan Galves explain how to play the future of transportation. Will GM spin out Cruise Automation?
Tesla TSLA is suing self-driving car startup Zoox and several former Tesla employees for allegedly stealing company information. The electric car maker says former employees Scott Turner, Sydney Cooper, Christian Dement, and Craig Emigh, "absconded with select proprietary Tesla documents useful to their new employer, and at least one of them used Tesla's confidential information to target other Tesla employees for hiring by Zoox," according to a suit filed in a U.S. District Court in Northern California.
In less than two decades, SpaceX went from Elon Musk's dream of a greenhouse experiment on Mars to conducting the majority of U.S. rocket launches. The early years of SpaceX reveal a company that teetered on the edge of dying out, as Musk has said. After three unsuccessful attempts to reach orbit, his team scrounged together enough parts for a fourth rocket, and SpaceX made history with its Falcon 1 rocket.
Luxury auto maker BMW issued a profit warning Wednesday, sending its shares down 5%. The company blamed China and trade. Here’s what it means for U.S. car companies.
Are Elon Musk and Tesla Boosting Q1 Car Orders?(Continued from Prior Part)Tesla In the last few quarters, Tesla (TSLA) has managed to report profitability with the help of significant improvements in Model 3 production. On February 28, the company
Can US Companies Keep Both Trump and Investors Happy?(Continued from Prior Part)Electric vehicles To complicate things further, automakers need to conserve cash and spend it judiciously on new technologies such as autonomous vehicles. Automakers have
An analyst’s attention is pulling up shares of a small company called Electrameccanica Vehicles this morning.
Ford quietly teased the prospect of an electric version of its iconic Mustang "Pony car" during Tesla's Model Y launch last week. The timing was intentional, designed to hint at big things coming in their own electric car program. President of the Americas Joe Hinrichs told CNBC the company is moving quickly toward producing what it previously described as a "Mustang-inspired" all-electric SUV.