Stock & Business

Stock & Business • Oct 01, 2024

Tesla China May Have Over 30% Gross Margins, Says Morgan Stanley

Morgan Stanley analysts predict Tesla's Shanghai factory (Giga Shanghai) could achieve over 30% gross margins, rivaling Porsche's industry-leading profitability. This suggests manufacturing in China is highly cost-effective for Tesla. For owners and enthusiasts, this strong financial performance could support further investment in new vehicles and technology.

Stock & Business • Oct 01, 2024

Tesla Completed $5B Raise on September 4th Through Offering Common Shares

Tesla raised $5 billion by issuing new common shares, a move announced on September 1, 2020, and completed by September 4th. This capital raise, managed by major banks, strengthened Tesla's balance sheet without taking on debt. For owners and enthusiasts, it signaled strong investor confidence and provided the company with significant funds to accelerate its growth plans.

Stock & Business • Oct 01, 2024

Deutsche Bank Raises Tesla TSLA Price Target to $500 from $400, Upgrades to Buy from Hold

Deutsche Bank has upgraded Tesla's stock rating from "Hold" to "Buy" and raised its price target by 25% to $500, citing a positive interpretation of the company's Battery Day announcements. This indicates strong institutional confidence in Tesla's future growth and technology roadmap. For owners and enthusiasts, this analyst upgrade reflects growing market optimism about Tesla's long-term strategy and potential value.

Stock & Business • Oct 01, 2024

Tesla (TSLA) Crushes Q4 2019 Earnings with $2.14 EPS, $7.3B Revenue

Tesla exceeded Wall Street expectations with strong Q4 2019 earnings of $2.14 per share and $7.3 billion in revenue. This financial performance signals the company's growing profitability and operational strength. For owners and enthusiasts, it reinforces confidence in Tesla's financial stability and its ability to fund future growth and innovation.

Stock & Business • Oct 01, 2024

Morgan Stanley Maintains Equal-Weight on Tesla, Raises TSLA Price Target to $333

Morgan Stanley has raised its price target for Tesla's stock to $333, reflecting stronger-than-expected third-quarter vehicle deliveries and the company's recent $5 billion capital raise. The firm maintained its "Equal Weight" rating, signaling a neutral stance. For owners and enthusiasts, this indicates continued analyst confidence in Tesla's financial performance and growth trajectory.

Stock & Business • Oct 01, 2024

Morgan Stanley Upgrades Tesla TSLA With A Strong Long Term Thesis

Morgan Stanley upgraded Tesla's stock, stating the company has sufficient liquidity to manage short-term coronavirus disruptions. The firm maintains a strong long-term outlook for Tesla, signaling confidence in its financial resilience. This suggests Tesla is positioned to weather economic uncertainty and continue its long-term growth plans.

Stock & Business • Oct 01, 2024

Tesla Working on Lithium Refining Activity as 'the best way to learn how to accelerate something is to do it yourself'

Tesla is entering the lithium refining business to secure its own supply of the critical battery material. This move aims to reduce costs and accelerate production by bringing more of the supply chain in-house. For owners and enthusiasts, it signals Tesla's commitment to lowering battery costs and scaling up vehicle production more efficiently.

Stock & Business • Oct 01, 2024

Cathie Wood's ARM Loads Up $10.6M in Tesla TSLA Stock this Week Alone, Signaling Its Strongly Bullish Outlook On the Company

Cathie Wood's ARK Investment Management purchased $10.6 million in Tesla stock this week, continuing a series of buys that began in October. This signals a strongly bullish outlook from the prominent fund on Tesla's future. For owners and enthusiasts, this major vote of confidence from a high-profile investor reinforces positive sentiment around the company's long-term prospects.