Tesla (NASDAQ: TSLA) has lofty expectations for its third-quarter delivery numbers, but Credit Suisse analysts Dan Levy and AJ Denham are convinced that the electric automaker is “likely enough to clear a rising bar.” Levy and Denham also raised their “Blue Sky Scenario” price target to $630. In a note to investors, Levy and Denham […]
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Tesla (NASDAQ: TSLA) CEO Elon Musk’s podcast with the New York Times’ Kara Swisher revealed more rumblings that the company’s frontman has regarding the stock. After admitting that Tesla was in “mortal danger” just three years ago, Musk states that Tesla is doing well now. However, the serial tech entrepreneur still believes Tesla isn’t appropriately […]
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Tesla (NASDAQ: TSLA) stock fell last week unexpectedly after the company’s Battery Day event. But Cathie Wood, a TSLA bull and the founder of ARK Invest, broke down Wall Street’s response and showed why analysts misunderstood some of the electric automaker’s revealings at the event. Wood, who currently holds the CEO and CIO positions at […]
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Tesla (NASDAQ: TSLA) investors enjoyed a sizeable 4.5% gain during early trading hours on Monday morning, after the automaker and Piedmont Lithium announced a five-year supply deal for the material. A press release from Piedmont indicated that about a third of its 160,000-tones-per-year spodumene concentrate produce would be supplied to Tesla, which will help the […]
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Tesla (NASDAQ: TSLA) Battery Day skeptics sat around and looked at the negatives, according to Jim Cramer. Ignoring the positives of the event altogether, the critics who said the company event was a failure are not looking at the right things, and they’re just upset that what they wanted wasn’t announced. On an episode of MSNBC’S […]
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Tesla (NASDAQ: TSLA) Battery Day did not have the fancy frills or dramatic music that other company events have used in the past, but it did have a clear-cut message: cell costs are decreasing, and Tesla’s lead is expanding. The event gave ARK Invest enough of a reason to load up on more shares of […]
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Tesla (NASDAQ: TSLA) Battery Day did not win over Wall Street analysts based on the fact that the company’s announcements will take between a year and eighteen months to take effect. The developments from the electric automaker proved to be monumental for the company’s supporters, but not from financial skeptics. A slight pullback in TSLA […]
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Tesla (NASDAQ:TSLA) effectively changed the electric car game with its Battery Day event by outlining a path towards an annual output of 20 million vehicles and a battery cell production output of 3 TWh by 2030. That’s undoubtedly impressive, and it gives a great glimpse at what is to come for Tesla’s electric cars and […]
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Tesla (NASDAQ: TSLA) received a variety of new price targets from investment firms following the conclusion of the company’s Battery Day event last night. Goldman Sachs, Deutsche Bank, and Baird analysts all raised their outlook for the electric automaker’s stock following the successful Battery Day presentation, which revealed Tesla’s plans for a new battery structure, […]
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Tesla’s (NASDAQ: TSLA) retail and institutional investors are aggregating a number of inquiries that will potentially be addressed by the electric car maker’s executives in the upcoming Battery Day event, which will be held later today, September 22, 2020. The questions are aggregated from verified TSLA shareholders by Say, a startup that aims to create […]
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