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Fly News Breaks for May 25, 2016
TSLA
May 25, 2016 | 08:16 EDT
RBC Capital lowered its vehicle delivery forecast for Tesla in 2017 and 2018 to 91,000 vehicles and 180,000 vehicles, respectively.. The firm's previous estimates were 109,000 and 315,000, while Tesla's guidance calls for 500,000 by 2018. RBC says its checks indicate that the acceleration of Model 3 production will be slower than it previously expected. The firm cut its price target on the stock to $242 from $252 and keeps a Sector Perform rating on the shares.
News For TSLA From the Last 2 Days
TSLA
Apr 23, 2024 | 18:28 EDT
Says it may still take three years for automaker to integrate Tesla AI technology into its model
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Apr 23, 2024 | 18:04 EDT
Elon Musk says: "Regarding FSD Version 12, which is the pure AI-based self-driving, if you haven't experienced this, I strongly urge you to try it out, it's profound. And the rate of improvement is rapid. And we've now turned that on for all cars with the cameras and inference computer everything from Hardware 3 on in North America. So it's been pushed out to, I think, around 1.8 million vehicles, and we're seeing about half of people use it so far and that percentage is increasing with each passing week."
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Apr 23, 2024 | 17:33 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSAudioEye (AEYE) up... To see the rest of the story go to thefly.com. See Story Here
TSLA
Apr 23, 2024 | 16:10 EDT
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Apr 23, 2024 | 10:39 EDT
Tesla (TSLA) is expected to report results on its fiscal first quarter on Tuesday, April 23, with a conference call scheduled for 5:30 pm EDT. What to watch... To see the rest of the story go to thefly.com. See Story Here
TSLA
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Apr 23, 2024 | 06:19 EDT
Wells Fargo lowered the firm's price target on On Semiconductor (ON) to $95 from $110 and keeps an Overweight rating on the shares ahead of quarterly results. The firm anticipates On to deliver a Q2 guide slightly below expectations as it adjusts to Tesla-specific (TSLA) production softness specific to image sensor and SiC sales.
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