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Fly News Breaks for April 14, 2015
TSLA, AAPL
Apr 14, 2015 | 08:40 EDT
Bernstein says there are several reasons why Apple may look to build a car. Among the reasons cited by the firm are the large size of the auto market, Tesla's (TSLA) success at impacting the auto industry on a relatively low budget, and Apple's ability to charge premium prices for its products, indicating that the company could generate margins that are above average for the auto sector, according to the firm. Bernstein keeps a $135 price target and Outperform rating on Apple.
News For AAPL;TSLA From the Last 2 Days
AAPL
Mar 28, 2024 | 12:20 EDT
Technology Analyst Kulkarni, along with Grand Simmons, VP of Kochava, a leading mobile measurement firm, discuss how Apple's SKAdNetwork (SKAN) evolved over the past three years on an Analyst/Industry conference call to be held on March 28 at 1 pm. Webcast Link
AAPL
Mar 27, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
TSLA, AAPL
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here
TSLA
Mar 27, 2024 | 08:01 EDT
Notable profits for the buyer who lifted the $1.90 offer for 1,300 Tesla (TSLA) 3/28 weekly 180 puts yesterday at 09:54ET when underlying shares were trading at $182.66. Shares closed at $177.67, and the puts at $4.03 for a mark-to-market profit of 112%, or $276K, on the $247K outlay.
TSLA
Mar 27, 2024 | 07:51 EDT
Morgan Stanley noted that Bloomberg reported earlier this week that Contemporary Amperex Technology Co. Ltd., or CATL, is working with Tesla on faster charging batteries, which follows news that CATL is supplying machinery to Tesla's Giga Nevada factory. China's CATL is effectively barred from selling into the U.S. directly, but is able to license battery tech to partners and charge a royalty fee, noted the analyst, who notes that the U.S. is an under-penetrated EV market in need of high quality, cheap battery tech and that China is a highly penetrated EV market with an oversupply of batteries. The firm, which believes a Tesla-CATL partnership "could be a game changer" for the U.S. electric vehicle market, has an Overweight rating and $320 price target on Tesla shares.
TSLA
Mar 27, 2024 | 05:56 EDT
Tesla CEO Elon Musk told staff in an internal memo to give buyers a "short test ride" to demonstrate the company's Full Self-Driving technology, now a "hard requirement" in North America, Bloomberg's Edward Ludlow reports. Workers will also have to perform checks on any vehicles returned from service. "I know this will slow down the delivery process, but it is nonetheless a hard requirement," Musk said in the memo, adding that "This is very important." Reference Link
TSLA
Mar 27, 2024 | 05:39 EDT
Citi analyst Itay Michaeli lowered the firm's price target on Tesla to $196 from $224 and keeps a Neutral rating on the shares. Ahead of Tesla's Q1 delivery release, the analyst lowered estimates to reflect recent data points. The firm's Q1 delivery estimate goes to 429,9000 from 473,300. The Q1 setup for Tesla "looks tough on aggressive consensus estimates," the analyst tells investors in a research note. In recent weeks, consensus estimates have come down, but March data points have also disappointed, says Citi. It believes Sheet estimates are still looking too high, not only for 2024 but also 2025.