Tesla, Inc. (TSLA)



Tesla, Inc. (formerly Tesla Motors) is an American automaker, energy storage company, and solar panel manufacturer based in Palo Alto, California. Founded in 2003, the company specializes in electric cars, lithium-ion battery energy storage, and residential photovoltaic panels (through the subsidiary company SolarCity). The additional products Tesla sells include the Tesla Powerwall and Powerpack batteries, solar panels and solar roof tiles. CEO Elon Musk said that he envisions Tesla as a technology company and independent automaker, aimed at eventually offering electric cars at prices affordable to the average consumer. The company was named after the Serbian-American electrical engineer and physicist Nikola Tesla by company co-founders Martin Eberhard and Marc Tarpenning. The company's Model S was the world's best-selling plug-in electric car in 2015 and 2016. Global sales of the Model S reached 150,000 units in November 2016. In September 2015 the company released its Model X, a crossover SUV. The Model 3 was released in July 2017.Tesla global sales passed 250,000 units in September 2017.Tesla operates multiple production and assembly plants, notably Gigafactory 1 near Reno, Nevada and its main vehicle manufacturing facility at Tesla Factory in Fremont, California. The Gigafactory primarily produces batteries and battery packs for Tesla vehicles and energy storage products. In 2016, Tesla topped Consumer Reports' Annual Owner Satisfaction Survey at 91%. In February 2017, Consumer Reports named Tesla as the top American car brand and ranked it 8th among global carmakers. Tesla, Inc. (TSLA)NasdaqGS 363.69+20.29 (+5.91%) Monday 9/11/2017At close: 4:00PM EDTCompany opened two new charging Station in Chicago and Boston. They also opened the cars software so that people fleeing hurricane Irma could get more battery life. According to reports China is going to ban fossil fuel which would force the over 500 million potential drivers to have to use electric cars.Stocks on Wall Street?closed higher?on Monday as investors assessed the damage from Irma, with the Dow Jones industrial average adding 259.58 points to close at 22,057.37.385.00+5.19 (+1.37%) Monday 9/18/2017At close: 4:00PM EDTTesla has estimated 500,000 backorders of its first mass-marketed?vehicle?and is increasing?production to try and work through the glut.Tesla shares closed up 3.12% in Thursday trading as investors became more excited about the electric vehicle giant's highly anticipated Tesla Semi-truckPorsche's Mission E, as an alternative Tesla’s model, will be priced lower for getting Tesla’s shoppersThe number of hedge funds closing their doors this year is slowing as investors add new money and performance improves344.78-6.31 (-1.80%) Monday 09/25/2017At close: 3:59PM EDTThis Tesla Model 3 Looks Like It's Falling Apart -- Here's Why That's Not Good General Motors "may be at the head of the pack," and that cars "may be deployed without human drivers within the next 6 quarters."?North Korea’s might test a hydrogen bomb over the Pacific Ocean in response to President Trump’s threat to “totally destroy” North Korea.341.53 -6.07 (-2.80%) Monday 10/02/2017At close: 3:59PM EDT 1.Tesla (TSLA) falls?short of expectations?for production of its Model 3. The electric car maker produced just 260 of those vehicles during the quarter, far below its 1,500 targets.? 2.General Motors (GM), Ford (F) and Toyota (TM) each reported strong U.S. sales in September as Americans started to replace vehicles?destroyed by Hurricane Harvey. Toyota led the way with a 14.9% increase in sales during the month from a year ago, followed by General Motors’ 11.9% jump. Ford’s sales also rose during September, climbing 8.7% to 221,643 vehicles. Demand for pickup trucks, SUVs and crossovers drove the better-than-expected results. 3.The U.S. Labor Department released its September jobs report, after the country’s unemployment rate ticked up to 4.4% in August. The reporting on unemployment signals the economy may be weak and also reported was that consumer spending was soft. These two factors signal to the market that the slow growing economy may start to affect the stock market. 342.94-13.94 (-3.91%) Monday 10/09/2017At close: 4:00PM EDTTesla (TSLA) is in focus after CEO Elon Musk tweeted that the unveil of the semi truck will be delayed until November 16. Musk cited production backlog with the Model 3 and efforts to restore power in Puerto Rico as two reasons for the delay. Tesla was originally scheduled to launch the new truck on October 26.Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Tesla, Inc. The investigation focuses on whether Tesla and certain of its officers and/or directors violated federal securities laws. On?October 2, 2017, the Company cited “production bottlenecks” as the reason for its failure to meet its production goals for its Model 3 sedan.?On?October 6, 2017, the?Wall Street Journal?published an article reporting, in part, that “[u]nknown to analysts, investors and the hundreds of thousands of customers who signed up to buy it, as recently as early September major portions of the Model 3 were still being banged out by hand, away from the automated production line, according to people familiar with the matter.” Following this news, Tesla’s stock price dropped. AMIA data published on Monday showed Mexican auto output rose by 7.7 percent to 307,174 units last month compared with the same period a year earlier, while exports surged 15.0 percent to 270,899 vehicles. Three-fourths of Mexican auto exports are to the United States.The global economy is set for continued strong growth into 2018, according to leading indicators released Monday by the Organization for Economic Cooperation and Development.350.60-4.97 (-1.40%) Monday 10/16/2017At close: 4:00PM EDT1. Exactly one week after Tesla CEO Elon Musk suggested his company could help with Puerto Rico’s electricity crisis in the aftermath of Hurricane Maria, more of the company’s Powerwall battery packs have arrived on the island, according to a photo snapped at San Juan airport Friday, Oct. 13.2. Shah points out that China is already Tesla's second-largest country by sales. So expanding in the region could drive sales significantly higher as China's auto market continues to expand. In his Oct. 4 note, Shah said Tesla should benefit from?an "unprecedented" surge?in sales. Shah points out that China is already Tesla's second-largest country by sales. So expanding in the region could drive sales significantly higher as China's auto market continues to expand. In his Oct. 4 note, Shah said Tesla should benefit from?an "unprecedented" surge?in sales.3. Meanwhile, retail sales in the United States for the month of September increased 1.6%, marking its highest increase in more than two years. Analysts stated that such an increase was bolstered by demand for new automobiles and trucks in the wake of two destructive hurricanes which struck the United States recently. This figure came in line with the consensus estimate of 1.6%. Moreover, retail sales excluding autos surged 1%, more than the consensus estimate of 0.9%.337.02-8.08 (-2.34%) Monday 10/23/2017At close: 4:00PM EDTLuxury car maker Tesla was among the biggest gainers in pre-market trading, increasing 1.83% after news that it had received permission from the Chinese government to open a factory in Shanghai.?General Motors has gained 25% during that past three months, easily outpacing not only Ford Motor (F), which has risen 4.6% during that period, but Tesla (TSLA), which has advanced 3.4%, as well.ST. LOUIS—AFL-CIO members on Sunday evening selected Richard Trumka as president of the nation’s largest labor federation, retaining a position he has held since 2009. Mr. Trumka said his goal was for labor unions to emerge with a unified political agenda at a time when the labor movement is split over what approach to take to President Donald Trump.327.02-7.08 (-2.30%) Monday 10/30/2017At close: November 6 4:00PM EST1. Tyler Martin is a?Tesla?enthusiast, a software designernewest video, "Everything Wrong With My Tesla Model S: Build Quality Problems," won't make the electric car company or its legion of admirers very happy.The 25-minute video details in painstaking fashion the problems he encountered during the first 10 months of ownership of his red Model S, which retails starting around $68,000.?2. General Motors shares dropped in premarket trading Monday after Goldman Sachs downgraded the automaker to a sell rating and predicted a big pullback in the stock ahead. GM?(GM)?shares were up 28 percent for 2017 through Friday as investors cheered the divestiture of a European unit and speculation the 109-year-old automaker was making advancements in the areas of autonomous driving in competition with Tesla.3. Special counsel Robert Mueller unveiled the first charges connected to his probe into Moscow’s influence in the 2016 election, charging two Trump campaign officials with not paying taxes and obtaining a guilty plea from a third who admitted lying about his contacts with Russians.Former Trump campaign manager Paul Manafort was taken into custody on charges that he laundered more than $18 million in funds from his work for a pro-Russia party in Ukraine through offshore accounts. He and a business associate are the first to face arrest in an investigation into Russia’s meddling in the 2016 election.302.78-3.31 (-1.08%) Monday 11/06/2017At close: November 6 4:00PM ESTTesla will unveil its electric semi truck on November 16, the company confirmed today via email invites sent to press. The invites feature a full-size off-center image of the Tesla truck, still mostly clad in shadow, besides those iconic headlights we've seen in earlier teaser material.Ford, Nissan, Honda and Toyota posted higher U.S. sales in October as the industry looked to maintain momentum after a strong September.Over 60% of U.S. taxpayers would see lower 2019 taxes under House GOP plan while 8% would pay more315.40+12.41 (+4.10%) Monday 11/13/2017At close: 4:00PM ESTElon Musk: "Tesla Semi Truck unveil to be webcast live on Thursday at 8pm! This will blow your mind clear out of your skull and into an alternate dimension. Just need to find my portal gun ..."Tesla continues to benefit from its status as the electric-car market leader in the U.S. The?release of its first mass-market car, the Model 3, is underway, although the pace of deliveries has been slower than planned. Fiat Chrysler, on the other hand, has been a turnaround story. Profit in 2016 came in at 1.814 billion euros, up from 377 million euros in the previous year.?Despite Fiat's share price appreciation this year, it continues to trade at a far more reasonable valuation than Tesla.The U.S. government ran a $ 63 billions deficit in October, as government spending outplaced revenue collection at the start of the fiscal year.308.74 -6.31 (-2.00%) Monday 11/20/2017At close: 4:00PM ESTApparently announcing a?new all-electric Semi truck?and the?fastest production car ever made?all in one week wasn't enough for Tesla. They also quietly launched a third "product", and you don't have to wait two years to buy it! It's a?mobile battery pack?to charge your phone and other devices.Lucid, one of the company's that looks like it could have the best chance to potentially field a true all-electric competitor to Tesla's Model S, is moving its headquarters. New headquarters is intended to give Lucid room to grow, as it prepares to launch its Lucid Air, the first car from the company. The Lucid Air a target launch date is of sometime in 2019.U.S. consumer sentiment gained more than expected from the mid-month reading. he indicator has remained largely unchanged in 2017, which reflects American consumers' increasing confidence and certainty about their income and employment prospects.316.81+1.26 (+0.40%) Monday 11/27/2017At close: 4:00PM ESTTesla announced prices for new semi-track. Tesla unveiled the big rig last week, surprising Wall Street by offering a battery range above expectations. At the same event, the company also showed off an updated version of the Roadster.Automakers are projected to report strong U.S. sales for November as aggressive incentive spending continues to sustain a robust autumn. With Black Friday deals to come next week, Automakers believe they will make up for sluggish October sales. The US Senate looks to pass a Tax Reform Bill and along with the US House of Representatives get it to President Trump to sign by Christmas. The new Tax Reform Bill will permanently lower the Corporate Tax rate to 20%. A permanent Tax cut will allow business to use excess capital to re-invest in new products and help grow employment and wages. 305.20-1.33 (-0.43%) Monday 12/04/2017At close: 4:00PM EST1. Tesla Inc. has denied claims that its cars are too expensive to qualify for electric-vehicle subsidies in Germany, promising to take “appropriate action” to clear up any confusion. Reuters reported Friday that Germany’s Federal Office for Economic Affairs and Export Controls has removed Tesla?TSLA,?-0.43%?? from a list of cars eligible for subsidies, saying that customers could not buy a base-price?Model S sedan without adding extras that push the car over a 60,000 euro ($71,500) price limit to qualify for subsidies.2. Sen. Rand Paul (R., Ky.) delivered a victory to auto dealers with an amendment aimed at preserving their ability to deduct interest on their inventory. The Senate tax plan included a provision that would scale back the ability of companies to deduct interest on their debt, something the National Automobile Dealers Association fought hard against.3. GDP Swings Up 3.3 Percent for Best Gain in 3 Years328.91+13.78 (+4.37%) Monday 12/11/2017At close: 4:00PM EST1. PepsiCo Inc has reserved 100 of Tesla Inc's new electric Semi trucks, the largest-known order of the big rig,2. U.S. dealers feel positive about the current automotive market and prospects of the next quarter - Cox Automotive Dealer Sentiment Index3. Democrat Doug Jones victory could mean trouble for U.S. President Donald Trump's policy agenda as it narrows the Republicans' already slim majority in the Senate.In Conclusion, I followed Tesla stock for 12 weeks. The stock market price went down from 363.69 $ per share to 328.91$, for 9,6 %. Listed below are five factors which have affected Tesla’s stock price:Tesla fell short of its’ Quarter three production expectations. Tesla only produced 260 vehicles, far below the 1,500 that were expected. A production miss like that will devalue any stock price and greatly affect the investor confidence. Lucid, General Motors and Porsche were all competitors that were able to unveil competing cars to Tesla’s products, since covering the stock has begun. Competition is not good for Tesla, who is the industry leader in the electric car market.Even though GDP growth in the United States has been over 3% since Trump has taken office, Tesla could not overcome poor production and allow for investors to have confidence in their growth. Despite tax reforms for Corporations, which will give Tesla more operating capital, the stock price was not able to grow stronger with this good governmental news. Even an amendment by Rand Paul which will continue to give tax breaks to auto sellers for inventory couldn’t move Tesla higher. Even with the unemployment rate just over 4%, which is an indicator for the spending potential of consumers, it was the production problems that Tesla experienced that destroyed this good economic news. Below I researched Tesla stock predictions and found that the following information helped me make a conclusion about Tesla stock. 1. Tesla Stock Analysis – Earnings Per Share: - 3.08 At this point, I have to say that Tesla Motor is not the type of company we want to get involved with as investors or even traders.2. Tesla Stock Analysis – Debt Equity Ratio: D/E ratio of less than 2.46. Gearing might be a little too high for Tesla, a company with negative earnings and with high debt ratio.3. Tesla Stock Analysis – Return on Equity: This is not looking good for a company that’s full of potential and for a company whose stock price has performed so well in the past 3 years.4. Tesla Stock Analysis – Operating Cash Flow:At negative $524.50 Million in cash flow. Tesla might take off and become very big in future, it’s a gamble at this moment.As for Tesla Stock, it’s currently sitting at an incredible price of $342 with no real business fundamentals to support. This price is only supported by hope, hype, and excitement. The stock is overpriced now. I would not recommend to buy it now, but if the price drops below $300 per share, it may be a good idea to buy and if you own it, I would recommend to hold. ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download