$TSLA – Page 73 – Sidevalve EV News

Tesla to reopen Fremont factory for “limited operations” as CA lifts shutdown for lower risk industries

May 8, 2020 Joey Klender Syndicated Comments Off

Tesla is expected to resume operations at its Fremont factory in Northern California as early as today, following an announcement by state Governor Gavin Newsom that “lower risk industries” will be able to resume work activities. Multiple emails sent by Tesla executives on Thursday evening, including CEO Elon Musk, outlined the company’s plans to reopen […]

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‘Shark Tank’ host explains why he’s no longer a Tesla (TSLA) critic: ‘Sometimes you’re just wrong’

May 7, 2020 Joey Klender Syndicated Comments Off

Tesla’s (NASDAQ: TSLA) growth has made believers out of some of the company’s most prominent skeptics. One of them is Shark Tank judge and Canadian businessman Kevin O’Leary, who previously held critical opinions of Tesla’s potential as not just an automaker, but as a technology company. On a recent segment of CNBC’s Halftime Report, O’Leary reiterated […]

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Former Tesla skeptic Jim Cramer promotes EV-maker’s stock: ‘TSLA’s good’

May 6, 2020 Joey Klender Syndicated Comments Off

Jim Cramer’s love affair with Tesla stock (NASDAQ: TSLA) appears to be continuing. The former Tesla skeptic turned supporter and host of CNBC’s Mad Money recently suggested that TSLA stock is a prime candidate for buying right now. In an interview with The Street, Cramer talked about TSLA’s strength, along with CEO Elon Musk’s suggestions that […]

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Tesla (TSLA) receives higher price targets from multiple firms after successful Q1

May 6, 2020 Joey Klender Syndicated Comments Off

Tesla (NASDAQ: TSLA) has received a higher price target from several investment firms on the heels of a successful first quarter earnings report. The most update came from Frankfurt, Germany-based Deutsche Bank, which raised its price target for the electric automaker from $510 to $850 per share while maintaining a “Hold” rating for TSLA stock. […]

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Tesla’s (TSLA) strong recovery places Elon Musk in line for first big payday

May 5, 2020 Joey Klender Syndicated Comments Off

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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Who Wears Short Shorts: David Einhorn’s Ghost Hunt for Tesla’s Weakness

May 2, 2020 Joey Klender Syndicated Comments Off

Death, Taxes, and David Einhorn complaining about Tesla being successful. Those are the three certainties in life. And like clockwork, after Tesla announced yet another successful quarter in the books yesterday during its Q1 2020 Earnings Call, Einhorn was right there trying to accuse Elon Musk or Zachary Kirkhorn of fraudulent behavior. But, let’s face […]

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LIVE BLOG: Tesla (TSLA) Q1 2020 earnings call updates

April 29, 2020 Simon Alvarez Syndicated Comments Off

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 Model Y production outpaced China Model 3 at launch helped by continued efficiencies

April 29, 2020 Joey Klender Syndicated Comments Off

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 (TSLA) Q1 2020 results: Beats on revenue, Model Y sets historic profit on launch

April 29, 2020 Simon Alvarez Syndicated Comments Off

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 Q1 2020 earnings call: What Wall St is expecting

April 28, 2020 Joey Klender Syndicated Comments Off

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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