Tesla earnings almost double but come in short of Wall Street forecasts
The electric car manufacturer said it expected deliveries to grow by more than 50% in 2021, with the first deliveries of the Model Plaid next month
Company
Tesla Inc
NASDAQ:TSLA
Tesla Inc designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offer services related to its products. The company's segments include automotive, and energy generation and storage.
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Apple, Tesla and Facebook earnings under big scrutiny in coming week
Other US names reporting in the coming week include Microsoft, Comcast, Mastercard, McDonald’s, Visa, Boeing, American Airlines, Verizon and Starbucks
Tesla’s 2020 success shows the future is battery metals
Tesla had a meteoric 2020, comfortably the most successful in its 17-year history, which bodes well for battery metals.
Hardware & electrical equipment
Tesla revs up to fifth place among Wall Street giants as share surge rolls on
The electric car company's market cap rose by US$57bn – or almost the size of General Motors in one day
Tesla's Elon Musk becomes richest person in the world as shares keep soaring
With Thursday's rise in the shares, his net worth topped US$185bn and meant he took Jeff Bezos' number-one spot
Tesla shares have power to go higher, Morgan Stanley predicts
Elon Musk’s electric vehicle manufacturer should sell 792,000 cars in 2021, analysts at the bank predicted
Tesla misses Elon Musk's delivery target by a whisker
In the final quarter of the year, the company shipped 180,570 cars
Tesla Inc: Elon Musk, the Boring Company and his journey to centre of the earth (or beneath the streets of Las Vegas, at least)
The Boring Company is probably the least well-known of Musk's other enterprises. But it's actually quite interesting
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Tesla Inc: Will Plaid be in fashion for 2021 or will rivals rise?
Range anxiety will be a thing of the past with the souped-up Model S ‘Plaid’
Tesla Inc: A new year, but the same old shorts for Elon?
Here we assess some of the challenges facing America's favourite electric car maker
Hardware & electrical equipment
Tesla’s Elon Musk says Apple boss snubbed proposed takeover deal
Musk said he had approached Apple CEO Tim Cook with the proposal in 2017 during the "darkest days" of the car makers Model 3 program
Hardware & electrical equipment
Tesla lower ahead of anticipated inclusion into S&P 500
The index inclusion follows a blockbuster year for the electric carmaker, which has seen its share price rocket over 670% since the start of 2020
Tesla: What's coming over the hill for Elon Musk in the S&P 500 and in 2021?
Looking ahead from Monday's S&P 500 promotion to what's in store for 2021 for the electric car company, its rivals, as well as SpaceX and The Boring Company
Tesla short seller is one casualty as funds lose millions on blue-chip bets
Investors taking short positions in Footsie companies suffered losses of £1.1bn last month
Tesla hikes car prices in Europe
As Tesla stock is rising, so are its car prices in Europe.
Tesla's Musk promises 700km range cars soon, with 1,000km battery in development
“What we see is really the fundamental impediment to progress with batteries is the cost,” Elon Musk said
Investments and investor services
Elon Musk overtakes Bill Gates in billionaires list as Tesla stock continues ascent
On Monday, Tesla shares soared a further 6.5% to US$521.49, and, are already indicated another 3.3% higher in Tuesday’s premarket.
Tesla shares given new fuel as S&P 500 promotion is confirmed
The index changes will happen in the week before Christmas
Tesla boss Elon Musk launches Tesla Tequila brand after two-year wait
The spirit, which is marketed as a “premium 100% de agave tequila añejo aged in French oak barrels", was originally teased in a tweet by Musk in 2018
Goldman keeps cool on Tesla despite surge in deliveries
Tesla shares gained US$13.92 or 3.26% to trade at US$436.69
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US stocks close higher as coronavirus stimulus talks advance and last presidential debate looms
Banks led the gains as the 10-year Treasury yield hit a four-month high
Tesla higher as it posts fifth consecutive quarterly profit as record revenue beats analyst expectations
The electric vehicle firm’s revenue rose to $8.77 billion, up from $6.30 billion a year earlier above consensus expectations for $8.36 billion
Tesla charging up for more quarterly earnings to propel Musk into the S&P 500
Companies need a record of successive quarterly profits to be included in the Wall Street benchmark
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US stocks close slightly lower as coronavirus stimulus talks continue
Negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are making progress
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Tesla Lithium Foray Is Sign of Robust Demand, Top Producer Says
Rather than a threat to existing producers, Tesla Inc.’s push into lithium mining is a sign of future demand strength, according to the largest producer of the key ingredient in batteries for electric vehicles. “They’re kicking the industry
Tesla ramps up production above pre-pandemic levels
Elon Musk still has to lift production even further in the final quarter to hit his target of 500,000 vehicles
Manganese producers set to strike gold after Tesla unveils shift to new generation of batteries
This plan includes manufacturing at a very large scale, an innovative type of lithium-ion battery with a cathode that contains around 33% manganese, made directly from manganese metal.
Tesla's battery ambitions are significant for patient, medium-term investors
Deutsche Bank upgraded the stock to 'buy' after hiking its forecasts
Tesla shares plunge as much-lauded 'Battery Day' fails to provide badly needed spark
Investors slashed $50 billion from Tesla’s market cap after-hours as Musk and other Tesla executives presented their ‘Battery Day’ strategies
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Which miners could benefit from Tesla’s battery day?
Batteries make up a significant portion of the cost of an electric vehicle
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US stocks close higher a day after nasty sell-off, snapping 4-day losing streak
Amazon.com shares led tech stocks, rising 5.7% after a Bernstein analyst upgraded the e-commerce giant to buy from hold
Tesla’s 'battery day' on Tuesday could be ground-breaking for several sectors
There is speculation that among the electric car-marker's announcments may be a cobalt-free battery, using more of less costly metals such as nickel and manganese
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US stocks awash in red to end volatile week as investors dump tech shares
Apple, which slumped 3% to $106.84 a share, has lost 22.6% from its intraday record high of $137.98 on September 2
US stocks finish mixed as Nasdaq closes worst week since March
On the week, the S&P 500 and the Nasdaq fell 2.55% and 4.1%, respectively
Tesla target hiked as UBS predicts significant announcements from upcoming battery event
The Swiss bank predicted the event will see new cell technology, notably a dry electrode design, at its core, which they expected to cement Tesla’s “cost and technology lead for several more years”.
Timing of Tesla stock sale saved major shareholder Baillie Gifford billions
Scottish investor would have made around US$3bn less if it had sold shares this week
Tesla sheds US$80bn after S&P 500 inclusion snub fuels rush of selling
It was the worst daily performance for shares in the electric car pioneer in what has already been a rollercoaster ride
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Dow takes 600-point hit on the heels of Labor Day weekend
The main indices were in the red in New York, dragged down by the tech selloff and US-China trade jitters
Statistics show that electric vehicle demand is on the rise, and with it will come increased consumption of critical battery metals
Electric vehicles are set to be a significant force in motoring, but how dominant will they be?
Investments and investor services
Tesla’s second largest shareholder takes some profits
The electric carmaker's stock has rocketed more than fivefold so far in 2020, boosting the asset manager's portfolios by several billion dollars
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S&P 500 and Nasdaq hit all-time closing highs as Apple leads tech shares
The upbeat start to September follows Wall Street’s best August performance since the 1980s.
Nickel shows signs of life as Chinese inventories dry up, and memories of Musk's intervention linger
Nickel is used in stainless steel and in electric vehicle batteries
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Tesla resale values
It’s early, but there are signs Tesla Inc.’s Model 3 could be as exceptional in the used market as it has been in the new-car world. The sedan has sold at volumes no other electric vehicle has come close to reaching, turning Tesla into the
Tesla stock ascent continues on record date for 5-for-1 stock split
Investors holding Tesla stock at the end of Friday will be due five new shares, likely priced at around US$400 each.
Tesla’s ascent continues to push Elon Musk up the billionaire boys list
Tesla shares have gained around 13% this week so far.
SpaceX sets new record with rocket recycling programme
The Falcon 9 flight was SpaceX’s 100th mission and sixth using the same booster
Hardware & electrical equipment
Bank of America near doubles price target for electric vehicle giant Tesla, hailing its "unfettered access to low-cost capital"
The bank hiked its rating to 'neutral' from 'outperform' and upped the price target to US$1,750 a share from US$800
Hardware & electrical equipment
Tesla: what is the significance of its stock split?
“There is a view that you tend to see more stock splits as we near the top of a bull run,” says one analyst
Tesla to make shares more accessible with five-for one stock split
Following the stock split, the price would be around US$275 but the market capitalisation will not be affected
North American companies eager to answer Tesla boss Elon Musk's call to action for nickel
Canada Nickel Company, Talon Metals, Progressive Planet and American Manganese are some of the companies stepping up to meet growing demand from electric car makers
Investments and investor services
Tesla surges towards S&P inclusion as IP becomes the driving force
'Tesla is likely to become the primary seller of such technology to other car manufacturers'
Tesla posts second-quarter profit as cost cuts and strong deliveries help offset coronavirus shutdowns
The firm posted net income of $104mln from April to June, or $0.50 per share, the first time it has posted a profit for four straight quarters
Tesla and Microsoft earnings put US tech sector in the spotlight on Wednesday
Tech stocks have driven most of Wall Street's recent eye-watering gains
Amazon-led rally boosts Jeff Bezos and Big tech’s billionaire boys
In Tuesday's pre-market Amazon, Tesla, Netflix and Apple are all pointing to another strong day in the market for big-tech stocks.
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Rocketman Elon Musk overtakes Warren Buffett in billionaire list as Tesla stock continues to soar
Tesla stock is seen rising further on Monday following on from last week's strong dealing.
Tesla clips price of Model Y sport utility vehicle, stock ascent continues
Model Ys began rolling out in March and by April Tesla told investors that the car was profitable
Tesla becomes the world's most valuable car company after 2Q vehicle deliveries top estimates
The electric car company delivered nearly 90,650 vehicles during the second quarter, handily beating Wall Street estimates of 74,100
Tesla pushes back AGM and battery launch to September
The electric car manufacturer's shareholder meeting had been scheduled for July 7
Elon Musk, the sci-fi anti-hero from central casting, becomes the unlikely figurehead for American economic renewal
Tesla has already experience of re-opening its facilities in China
Tesla stock sinks after Elon Musk calls share price 'too high' in tweet
Analysts at Baird gave the firm a $700 price target in response to the remarks, which aren't a new phenomenon for Musk
Tesla profit beats forecasts but Musk lets rip at 'fascist' coronavirus shutdown
Production at Fremont has been hit by the California government’s shutdown orders since 24 March, which are due to run until at least the end of May
Tesla delivers more than 88K vehicles in 1Q 2020 to beat expectations; shares jump
Analysts had expected the electric vehicle maker to deliver about 79,900 cars in the quarter
Tesla sees vehicle registration fall in China, suspends production at US factories
Tesla told shareholders it was suspending production at its Fremont, California and New York factories as the US grapples with the coronavirus outbreak
Tesla reportedly in talks over cobalt-free batteries, switch may stir up ‘battery metals’ sector
Cobalt is the most expensive so-called ‘battery metal’ and Tesla is reportedly looking to cut costs in China.
Tesla to raise more than $2B in stock offering; shares drop 3% premarket
It also said the SEC had issued a subpoena in December seeking information on its 'regular financing arrangements'
Tesla tumbles as coronavirus disrupts Shanghai deliveries
The Chinese facility is set to restart production on 10 February after closing as a precaution
Tesla stock goes into reverse in pre-market after Canaccord downgrade
Canaccord reckons investors should wait before buying the stock after its barnstorming share rally.
Short squeeze as Tesla stock price zooms "towards $1,000"
“If you want to see what a short squeeze is, this is about a severe as it gets,” said Neil Wilson at Markets.com
Tesla puts the pedal to the floor as quarterly earnings top estimates
Earnings and revenues from the electric car maker both managed to beat out forecasts, while production in the three months hit a record high of 112,000 vehicles
Tesla investors hoping fourth quarter results can justify recent stratospheric share price leap
Shares in Tesla have jumped by around 120% since the company last posted earnings in October, primarily on the company’s outlook in China
Whither lithium?
It's been tough in the lithium market for a couple of years now, but how much longer will the pain last?
Tesla value tops $100bn setting Elon Musk up for US$346mln pay day
In 2018, shareholders voted for Musk to be paid in company stock options only, based on operations and market capitalisation targets
Tesla begins to turn off Wall Street scribes despite recent share tear
Shares yesterday reached a record high and the group's market cap sped past the combined values of US car titans General Motors and Ford Motor Co
Tesla posts delivery data in line with guidance, trims price for China-made Model 3 sedans
The carmaker delivered 367,500 vehicles, up 50% from 2018, within the guidance range of 360,000 to 400,000 vehicles
Tesla to deliver second batch of China-made Model 3 sedans next week: media reports
The first batch was delivered to employees at the Chinese factory, while the second one will be given to external customers
Tesla extends recent gains on report it will start delivering first China-built cars Monday
The first 15 units of Tesla’s Model 3 sedans made at its new Shanghai facility will be delivered to company employees on December 30
Tesla secures electric vehicle subsidies for Model 3s from Chinese government in world's largest car market
It will help the company break into the world's largest car market, albeit one where sales of new energy vehicles have dropped in recent months
FTSE 100 closes higher as optimism returns on US, China trade
Britain's blue-chip benchmark finished up around 69 points at 7,396 on Monday
Tesla turns to sci-fi classic Bladerunner for inspiration for its Cybertruck amid chaotic launch
The pick-up truck has a starting price-tag of US$39,000, said Musk in LA
Tesla's sights set on Berlin for first European battery plant
Uncertainty around Brexit “made it too risky to put a Gigafactory in the UK,” said chief executive Elon Musk as he announced a new factory, engineering and design centre in Germany
Tesla looks to expand its footprint in China: Reuters
It plans to double the number of repair and maintenance shops, add about 100 charging stations and revamp showrooms
Tesla turns a corner with quarterly profit, acceleration plans
CEO Elon Musk said he expects the new Model Y SUV “will outsell the X, S, and 3 combined”
Tesla gets green light to begin production in China
Its US$2bn ‘Gigafactory’ in Shanghai is expected to produce 150,000 units per year
Tesla shares remain in reverse after latest delivery numbers disappointed
Tesla said it delivered about 97,000 vehicles in the third quarter, including 79,600 Model 3s, below the analyst consensus forecast for 99,000
Volkswagen boss wants to take a stake in Tesla to get access to its software, batteries technology: media report
Reuters cited a report in German business publication Manager Magazin which said VW CEO Herbert Diess meets with Tesla boss Elon Musk on a regular basis
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ElectraMeccanica hires former Tesla program manager David Neace as sales director
Neace will be tasked with establishing the the company's corporate dealership network, developing fleet sales and increasing its market presence
Tesla facing lawsuit from owner of one of its electric cars, which claims it limited battery range of older vehicles: media report
The lawsuit alleges fraud and seeks class action status for the potentially “thousands” of Model S and X owners around the world, Reuters said
Tesla shares reverse as electric carmaker’s second quarter numbers miss forecasts, full-year outlook softer than expected
The electric carmaker said it stills aim to be profitable in the third and fourth quarter but put the emphasis on volume growth, increasing production capacity and generating cash
Tesla higher as electric cars maker reports record second quarter vehicle deliveries
The Nasdaq-listed firm said overall deliveries of its models rose by 51% from the first quarter to 95,200 vehicles, above forecasts for total quarterly deliveries of 89,084
Global Energy Metals kicks off fieldwork at Lovelock cobalt mine, Nevada; further expands claim footprint
The past producing Lovelock mine consists of 70 unpatented lode claims in the Cottonwood Canyon area and totals around 1,400 acres (567 hectares)
Hardware & electrical equipment
ROBO Global finds the AI technologies giving HBO's 'Westworld' so much whizbang are not all fiction
The self-driving motorbikes and cars in Westworld are so near reality that the ROBO Global Index Series includes companies developing the technology
Global Energy Metals expands claim footprint in Nevada as it's poised to advance battery metals project
The explorer has now staked 11 new claims, which adjoin the 70 pre-existing ones in Churchill County, GEMC told investors in a statement
Global Energy Metals has a promising portfolio of projects in key jurisdictions
Global Energy Metals has in-depth expertise in battery metals, a diverse portfolio of assets and has a compelling future with projects in Australia, Nevada and Ontario
International Cobalt growing footprint in world-class Idaho belt as it looks to feed future electric vehicle demand
The flagship asset is the Blackbird Creek project, at drill-ready status, just 15 miles southeast of eCobalt's Idaho cobalt project
Tesla in reverse as it slumps to US$702mln first-quarter loss
Sales of its electric cars slumped in the opening three months of 2019, with the recent cuts to US tax credits and delays in shipping to overseas buyers hurting Tesla
US markets finish mixed as Dow drops triple digits on slashed 3M guidance
Otherwise, US markets finished in the green on another busy day of earnings season
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FTSE 100 closes in the red as resource stocks come off the boil
After hitting a six-month high on Tuesday afternoon, London's blue-chips took a step back on Wednesday
Anson Resources prepares lithium carbonate samples for qualification testing
The company has a $1.65 million commitment from a strategic investor and is rattling the tin for a further $1.35 million.
LATE MOVERS: Jeff Bezos takes aim at eBay in his shareholder letter; Tesla drops on battery plant funding freeze
Also moving Thursday were Lyft, Caesars Entertainment and Fastenal
Roth reiterates Great Panther Mining's Buy rating as it expands focus to gold
Shares of the intermediate precious metals company rose on Wednesday