Tesla (TSLA) Not as Bad as Expected but In Limbo with No Catalysts – Baird

Tesla's (TSLA) Outlook Better-Than-Feared But Pacific Crest Still Sees 'Plenty of Risk'

November 4, 2015 9:01 AM EST

Pacific Crest maintained a Sector Weight rating on Tesla Motors (NASDAQ: TSLA). Analyst Brad Erickson described the company's outlook as better-than-feared, but he remains cautious given soft Model X reservations and risk around its production ramp.

"Lowered delivery forecast is better than feared, but plenty of risk remains," said Erickson. "Consistent with our expectations, the company lowered its 2015 delivery outlook by 1,500 cars at the midpoint and saw a sequential reduction in R&D for the first time in over a... More

Tesla's (TSLA) Revised FY15 Delivery Outlook Better than Feared; Stifel Affirms at 'Buy'

November 4, 2015 6:34 AM EST

Stifel is out with initial commentary on Tesla (Nasdaq: TSLA) following Q3 results issued late Tuesday.

Analyst James Albertine noted that Tesla's Q3 loss of $0.58 per share was flat with the firm's outlook.

Albertine also offered the following thoughts on the quarter and outlook: We believe the highlight from 3Q15 helping to drive a positive... More

Tesla's bullish production outlook drives stock higher

November 3, 2015 4:18 PM EST

By Alexandria Sage and Devika Krishna Kumar

SAN FRANCISCO (Reuters) - Tesla Motors Inc (NASDAQ: TSLA) promised to speed up production of its electric cars after a strong rollout of its Model X SUV, lifting its stock by more than 9 percent even as it posted its biggest loss in 10 quarters.

Orders are accelerating for both the luxury crossover Model X and the 3-year-old Model S sedan, the company said on Tuesday. It estimated shipping 17,000 to 19,000 vehicles in the current quarter, up from 11,603 in the third quarter.

"We don't see any fundamental... More

Tesla (TSLA) Misses Q3 EPS by 2c; Delivered 11,603 Vehicles

November 3, 2015 4:03 PM EST

(Updated - November 3, 2015 4:05 PM EST)

Tesla (NASDAQ: TSLA) reported Q3 EPS of ($0.58), $0.02 worse than the analyst estimate of ($0.56). Revenue for the quarter came in at $963.8 million versus the consensus estimate of $1.26 billion.

The company said China was strong: "In China, our newest major market, Q3 Model S orders increased substantially from Q2, due in part to the opening of two new retail locations. We expect order growth in China to remain strong with more store openings and the recent policy changes in Beijing and other major cities that allow buyers of Tesla... More