Simon Alvarez – Page 494 – Sidevalve EV News

Oppenheimer raises Tesla (TSLA) price target to $418 amid Q4’s positive Model 3 outlook

December 12, 2018 Simon Alvarez Syndicated Comments Off

Wall Street’s sentiments towards Tesla (NASDAQ:TSLA) continues to get more positive, with Oppenheimer analyst Colin Rusch reiterating an “Outperform” rating on the company while raising his price target to $418 per share. Oppenheimer’s update comes amidst Tesla’s ongoing rally, which features the stock nearing levels close to its 52-week high of $387.46. In a recent […]

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Tesla will be shipping 3k Model 3, S, and X weekly to Europe by Feb 2019: report

December 12, 2018 Simon Alvarez Syndicated Comments Off

Tesla’s global assault with the Model 3 is set to hit its stride next year, as the electric car maker starts rolling out the vehicle to territories beyond the United States and Canada. In Europe, Tesla has recently invited Model 3 reservation holders to configure their vehicles, with the company setting an estimated delivery date […]

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Tesla Model 3 converts Global Warming denier to EVs: “Its been a hell of a ride”

December 11, 2018 Simon Alvarez Syndicated Comments Off

The Tesla Model 3 is starting to spread like wildfire in the United States, and the vehicle is expected to enter the international markets in the next few months. Since its release, the Model 3 has been garnering praise from electric car enthusiasts and auto critics alike, to the point where even seasoned veterans in […]

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Tesla stock (TSLA) maintains strength amid Chinese tariff rollbacks, Q4 Model 3 push

December 11, 2018 Simon Alvarez Syndicated Comments Off

Tesla shares (NASDAQ:TSLA) appear to be keeping their momentum on Tuesday, trading as high as $369.80 after the opening bell. The electric car maker continues to show momentum amidst news of upcoming tariff rollbacks in China, as well as what could very well be another Model 3 push for the end of the fourth quarter. […]

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Tesla patents AR-based system to foster faster, more accurate production

December 11, 2018 Simon Alvarez Syndicated Comments Off

Being a company led by an unorthodox CEO with roots in Silicon Valley, Tesla is on the bleeding edge of the automotive market. Tech is evident in Tesla’s DNA, from the automation in its factories to the deep integration of software on its electric vehicles. If a recently published patent is any indication, even more […]

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Tesla (TSLA) could be in striking distance of a short squeeze soon: Piper Jaffray

December 10, 2018 Simon Alvarez Syndicated Comments Off

Back in the second quarter, Elon Musk predicted that the “short burn of the century” was coming soon. During that time, Tesla was racing to hit a Model 3 production rate of 5,000 units per week. The electric car maker did reach its Q2 production goals for the Model 3, though Elon Musk’s prediction did […]

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Inside Tesla’s ‘tent’-based Model 3 line that set a path to profitability

December 10, 2018 Simon Alvarez Syndicated Comments Off

Tesla attracted more headlines than usual when Elon Musk announced on Twitter that the company is introducing a new Model 3 assembly line inside a sprung structure on the grounds of the Fremont factory. Casually dubbed by Elon Musk as a “tent,” the assembly line, dubbed GA4, played a huge part in pushing Tesla towards […]

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Tesla’s Full Self-Driving patent uses cars as Earth-based GPS satellites

December 7, 2018 Simon Alvarez Syndicated Comments Off

As Tesla works on developing its full self-driving suite, the electric car maker seems to be developing a software that aims to use other vehicles on the road as Earth-based GPS satellites. Such a system would allow Tesla to improve its fleet’s positioning accuracy, even in areas where GPS signals are usually compromised. Tesla noted […]

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Tesla (TSLA) receives “Buy” rating, $450 price target from Jefferies Financial Group

December 7, 2018 Simon Alvarez Syndicated Comments Off

Just days after receiving a higher price target from CFRA and a vote of approval from New Street Research, Tesla (NASDAQ:TSLA) has received yet another round of support from Wall Street. In a recent note to its clients, Jefferies upgraded Tesla from “Hold” to “Buy,” while raising the company’s price target from $360 to $450, […]

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Tesla announces new General Counsel ahead of Q4’s end-of-quarter Model 3 push

December 7, 2018 Simon Alvarez Syndicated Comments Off

Tesla has announced that it is welcoming Dane Butswinkas, the Chairman of Williams & Connolly and a veteran trial lawyer, as the company’s new General Counsel. Dane will be replacing Todd Maron, who has led Tesla’s legal department for the past five years. The outgoing Maron will remain in Tesla until January to ensure a […]

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