Tesla (NASDAQ: TSLA) is preparing to release its delivery numbers for the first quarter of 2020 later this week. Analysts listed by FactSet have solidified their estimates as to how many electric vehicles the company has delivered during the first three months of the year. Rob Maurer of the Tesla Daily Podcast described the numerous […]
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Tesla (NASDAQ:TSLA) stock rose over 5% on Tuesday amidst the release of investment firm Credit Suisse’s adjusted delivery estimates for the electric car maker’s Q1 numbers. Credit Suisse estimated 75,000 and 80,000 deliveries for Tesla, a number that may very well be feasible due to the effects of the ongoing COVID-19 pandemic. Interestingly enough, Credit […]
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Detroit veteran and automotive industry legend Sandy Munro believes Tesla will rebound from the current economic crisis due to the coronavirus pandemic quicker than any other automaker. Munro shared his ideas on why he feels Tesla will emerge more reliably than any automaker during a recent interview with E for Electric’s Alex Guberman. “Tesla, because […]
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Tesla stock (NASDAQ:TSLA) recently received an updated outlook from Piper Sandler, with analyst Alexander Potter emphasizing the electric car maker’s long-term perspective in a recent note. According to the analyst, TSLA should be bought on current “market dislocation,” particularly as the electric car maker’s overall prospects remain stable. Potter actually lowered Piper Sandler’s price target […]
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Tesla stock (NASDAQ:TSLA) has surged 40% over the past seven days. Tesla’s recovery comes amidst some updates from Wall Street about the electric car maker’s short-term and long-term prospects. In a note earlier this week, Argus Research analyst Bill Selesky cut his rating on TSLA stock from “Buy” to “Hold.” Explaining his new outlook, Selesky […]
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Tesla stock (NASDAQ:TSLA) came roaring back on Tuesday’s early morning trading, bouncing as high as $434.54 per share amid news of an upgrade from Wall Street. In a recent note, Morgan Stanley analyst Adam Jonas upgraded Tesla from “Underperform” to “Equal-Weight,” while putting a $460 per share price target for the electric car maker’s stock. […]
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Tesla’s Fremont factory has reportedly reduced its operations to just one-fourth of the facility’s capacity, but this does not mean that the electric car maker will soon be teetering on the edge of ruin. This is according to a recent post from Loup Ventures Managing Partner Gene Munster, who noted that Tesla would be fine […]
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Just a day after an Alameda County spokesperson declared in a statement to the Los Angeles Times that Tesla is an “essential business” and thus allowed to remain in operation amid the C-19 outbreak, the county’s Sheriff’s Office has taken an opposing stance. In a recent update on Twitter, the Alameda County Sheriff declared that […]
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Tesla stock (NASDAQ:TSLA) has taken a significant hit in recent weeks, dropping back to sub-$500 levels as of writing. Yet despite this sharp drop, it should be noted that Tesla’s fundamentals remain unchanged. This means that beyond the pressures on the market due to the coronavirus outbreak, the electric car maker’s business is just as […]
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It took Tesla (NASDAQ: TSLA) one year to close a ~$200 billion gap in market value compared to Boeing (NYSE: BA), with the electric car maker briefly surpassing the aerospace giant on Wednesday after the latter met more issues with its beleaguered 737 Max jetliner. The most significant single-day drop for Boeing in nearly 40 […]
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