After Tesla shares (NASDAQ: TSLA) jumped by more than 8% on Monday, the company’s market capitalization stood at $141.1 billion at the closing bell. This rise brought the electric automaker’s market cap to a six-month average of $100.2 billion, qualifying CEO Elon Musk for his first payday according to his 2018 pay package. The rise […]
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Tesla’s (NASDAQ:TSLA) first-quarter earnings call comes on the heels of a surprisingly powerful quarter that saw the electric car maker posting $5.985 billion in revenue and an earnings per share of $1.24, beating Wall Street’s estimates. As revealed in the company’s Q1 2020 Update Letter, Tesla currently sits on $8.1 billion in cash, which should […]
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Tesla revealed a surprise profit in its Q1 2020 Update Letter, helped by efficiencies gained in the launch of its newest Model Y all-electric crossover. As the company reeled in the widespread effects of the COVID-19 pandemic that took place in the same quarter as Model Y production began, Tesla was able to utilize shared […]
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Tesla’s (NASDAQ:TSLA) first-quarter earnings for 2020 saw the electric car maker post $5.985 billion in revenue, slightly beating estimates from Wall Street. The results, which were discussed at length in an Update Letter, were released after the closing bell on Wednesday, April 29. Tesla ended the first quarter on a surprisingly optimistic note. Despite the […]
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Tesla (NASDAQ: TSLA) is set to release its Q1 2020 financial results after markets close tomorrow, April 29, 2020. Following the release of its first-quarter Update Letter, the electric car maker is scheduled to hold its earnings call, which will begin at 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time). Expectations are higher for Tesla […]
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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 Q1 2020 earnings call, which will be held tomorrow, April 29, 2020. The questions are aggregated from verified retail and institutional TSLA shareholders by Say, a startup that aims […]
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Tesla wants to start producing its electric vehicles at its Giga Berlin facility in Germany in July 2021, and the Brandenburg local government, who is overseeing the approval of the project, is willing to help. Reports out of Germany suggest that some of Tesla’s most prominent supporters within local government agencies, including Brandenburg’s Minister of […]
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Tesla’s (NASDAQ: TSLA) overproduction in the first quarter of 2020 would usually draw negativity. But Ben Kallo, an analyst at Milwaukee-based Baird, sees the oversupply as a way for Tesla to maintain vehicle deliveries and positive growth while its vehicle production plant in Fremont remains closed amidst the COVID-19 pandemic. Kallo reiterated his “Neutral” rating […]
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Tesla is welcoming Hiromichi Mizuno as the tenth member of its board. Mizuno will serve as a New Independent Director, according to a Tesla blog post from April 23. Mizuno was most recently the Chief Investment Officer of Japan’s Government Pension Investment Fund, a position that he left last month. The fund is recognized as […]
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Tesla (NASDAQ: TSLA) has captured the attention of Wall Street as the automaker with the most potential to emerge out of the coronavirus pandemic with the most momentum. The results from a Morgan Stanley survey shows that Tesla was picked by analysts over GM and Toyota for its leadership in technological advancements within its vehicle […]
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