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TSLA

Tesla

$294.08

-6.85 (-2.28%)

07:44
04/13/18
04/13
07:44
04/13/18
07:44

Tesla CEO Musk says company to be profitable, cash flow positive in Q3, Q4

In response to a tweet from The Economist that said "Tesla will need to raise $2.5B-$3B this year, according to Jefferies, a bank," Tesla CEO Elon Musk tweeted: "The Economist used to be boring, but smart with a wicked dry wit. Now it's just boring (sigh). Tesla will be profitable & cash flow+ in Q3 & Q4, so obv no need to raise money." Reference Link

TSLA Tesla
$294.08

-6.85 (-2.28%)

04/05/18
BERN
04/05/18
NO CHANGE
BERN
BMW, Tesla among 'biggest losers' following Chinese tariffs, says Bernstein
Bernstein analyst Robin Zhu notes that China's Ministry of Commerce announced 25% incremental tariffs on U.S. imports of 106 types of goods, including essentially all automobiles, soy beans, chemicals, aircraft, and other goods. If enforced, this would mean cars imported from the U.S. would face 50% import tariffs, up from the usual 25%. The analyst believes the biggest losers would be BMW (BMWYY), Mercedes (DDAIF), Tesla (TSLA). BMW and Mercedes import the largest volumes of cars from the U.S. into China, followed by is Tesla with14k units of projected imports, he points out.
04/10/18
VERF
04/10/18
INITIATION
Target $84
VERF
Sell
Tesla initiated with a Sell at Vertical Group
Vertical Group analyst Gordon Johnson initiated Tesla with a Sell rating and $84 price target.
04/10/18
GSCO
04/10/18
NO CHANGE
Target $195
GSCO
Sell
Tesla price target lowered to $195 from $205 at Goldman Sachs
Goldman Sachs analyst David Tamberrino lowered his price target for Tesla to $195 from $205, while reiterating a Sell rating on the shares. The analyst notes that Tesla shares have seen a recovery following the company's Q1 production and delivery release, mainly on the back of a reiterated target for 5k/week Model 3 production rate exiting Q2 and as the company noted it does not require an equity or debt raise this year. However, the analyst sees the company likely sustaining Model 3 production around the 1,400/week mark, and believes Model S/X demand will likely be challenged going forward with the phase-out of the U.S. EV tax credit in 2H18 as incremental competition launches at the same time. Lastly, he still expects the company to raise capital later this year.
04/10/18
04/10/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Tesla (TSLA) initiated with a Sell at Vertical Group. 2. Philip Morris (PM) initiated with a Buy at Deutsche Bank. 3. Etsy (ETSY) initiated with a Buy at Loop Capital. 4. Zscaler (ZS) initiated with an Outperform at Credit Suisse and Baird, a Strong Buy at Needham, an Equal Weight at Morgan Stanley, Stephens, and Barclays, a Hold at Deutsche Bank, as well as a Neutral at BofA/Merrill and Goldman Sachs. 5. Equifax (EFX) initiated with an Underperform at BofA/Merrill. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

CNXN

Connection

$34.08

(0.00%)

10:03
07/16/18
07/16
10:03
07/16/18
10:03
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TSLA

Tesla

$308.63

-10.17 (-3.19%)

10:01
07/16/18
07/16
10:01
07/16/18
10:01
Technical Analysis
Technical Take: Tesla has a small potential bearish pattern »

The shares were last down…

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10:01
07/16/18
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10:01
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10:01
General news
Business Inventories data reported »

May Business Inventories…

SBH

Sally Beauty

$15.59

-0.78 (-4.76%)

10:00
07/16/18
07/16
10:00
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10:00
Hot Stocks
Sally Beauty falls -4.9% »

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  • 11

    Sep

ADS

Alliance Data

$229.04

-14.45 (-5.93%)

10:00
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10:00
Hot Stocks
Alliance Data falls -5.9% »

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  • 19

    Jul

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    Aug

RDY

Dr. Reddy's

$30.50

-2.76 (-8.30%)

10:00
07/16/18
07/16
10:00
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10:00
Hot Stocks
Dr. Reddy's falls -8.1% »

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DWT

Britannia Bulk

$7.20

0.39 (5.73%)

10:00
07/16/18
07/16
10:00
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10:00
Hot Stocks
Britannia Bulk rises 5.6% »

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QEP

QEP Resources

$12.34

-0.42 (-3.29%)

10:00
07/16/18
07/16
10:00
07/16/18
10:00
Options
3K Qep Resources Aug 13 - 14 call spreads bought for 33c »

3K Qep Resources Aug 13 -…

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  • 26

    Jul

  • 19

    Aug

DB

Deutsche Bank

$12.11

0.865 (7.70%)

10:00
07/16/18
07/16
10:00
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10:00
Hot Stocks
Deutsche Bank rises 7.7% »

Deutsche Bank is up 7.7%,…

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ARNC

Arconic

$19.17

1.78 (10.24%)

10:00
07/16/18
07/16
10:00
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10:00
Hot Stocks
Arconic rises 10.3% »

Arconic is up 10.3%, or…

03/08/13
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HMC

Honda

$29.29

-0.01 (-0.03%)

09:55
07/16/18
07/16
09:55
07/16/18
09:55
Downgrade
Honda rating change  »

Honda downgraded to…

03/08/13
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  • 10

    Sep

VFC

VF Corp.

$87.06

2.22 (2.62%)

, PNC

PNC Financial

$139.80

2.46 (1.79%)

09:55
07/16/18
07/16
09:55
07/16/18
09:55
Options
Early notable gainers among liquid option names on July 16th »

Notable gainers among…

VFC

VF Corp.

$87.06

2.22 (2.62%)

PNC

PNC Financial

$139.80

2.46 (1.79%)

C

Citi

$68.39

1.39 (2.07%)

WFC

Wells Fargo

$56.41

1.06 (1.92%)

CFG

Citizens Financial

$40.02

0.66 (1.68%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 17

    Jul

  • 18

    Jul

  • 20

    Jul

  • 20

    Jul

  • 26

    Jul

  • 12

    Oct

  • 19

    Oct

  • 14

    Jan

  • 12

    Apr

  • 15

    Apr

  • 13

    Jul

  • 13

    Jul

  • 15

    Oct

  • 15

    Oct

IIIV

i3 Verticals

$16.73

(0.00%)

09:53
07/16/18
07/16
09:53
07/16/18
09:53
Initiation
i3 Verticals initiated  »

i3 Verticals initiated…

03/08/13
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BA

Boeing

$353.66

2.85 (0.81%)

, GOL

Gol Linhas

$6.02

0.17 (2.91%)

09:53
07/16/18
07/16
09:53
07/16/18
09:53
Hot Stocks
Boeing, GOL Airlines sign order for 30 737 MAX 10 airplanes, 15 MAX 8s »

Boeing (BA) and GOL…

BA

Boeing

$353.66

2.85 (0.81%)

GOL

Gol Linhas

$6.02

0.17 (2.91%)

03/08/13
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03/06/13
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03/06/13
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  • 16

    Jul

  • 25

    Jul

ASML

ASML

$199.55

0.32 (0.16%)

09:50
07/16/18
07/16
09:50
07/16/18
09:50
Upgrade
ASML rating change  »

ASML upgraded to Positive…

03/08/13
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  • 18

    Jul

HFC

HollyFrontier

$68.71

0.05 (0.07%)

09:50
07/16/18
07/16
09:50
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09:50
Options
HollyFrontier calls active »

HollyFrontier calls…

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  • 02

    Aug

09:50
07/16/18
07/16
09:50
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09:50
General news
U.S. corporate bond update: issuance should pick up this week »

U.S. corporate bond…

VUZI

Vuzix

$7.60

(0.00%)

09:47
07/16/18
07/16
09:47
07/16/18
09:47
Hot Stocks
Vuzix receives M300 Smart Glasses follow-on order from AMA »

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XON

Intrexon

$14.43

-0.95 (-6.18%)

09:47
07/16/18
07/16
09:47
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09:47
Hot Stocks
Intrexon falls -7.7% »

Intrexon is down -7.7%,…

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RDY

Dr. Reddy's

$30.37

-2.89 (-8.69%)

09:47
07/16/18
07/16
09:47
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09:47
Hot Stocks
Dr. Reddy's falls -8.3% »

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AOI

Alliance One

$16.40

(0.00%)

09:47
07/16/18
07/16
09:47
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09:47
Hot Stocks
Alliance One falls -8.8% »

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  • 12

    Sep

OFG

OFG Bancorp

$14.55

(0.00%)

09:47
07/16/18
07/16
09:47
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09:47
Hot Stocks
OFG Bancorp rises 6.2% »

OFG Bancorp is up 6.2%,…

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  • 20

    Jul

  • 31

    Jul

DB

Deutsche Bank

$11.96

0.72 (6.41%)

09:47
07/16/18
07/16
09:47
07/16/18
09:47
Hot Stocks
Deutsche Bank rises 6.4% »

Deutsche Bank is up 6.4%,…

03/08/13
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ARNC

Arconic

$19.70

2.31 (13.28%)

09:47
07/16/18
07/16
09:47
07/16/18
09:47
Hot Stocks
Arconic rises 13.2% »

Arconic is up 13.2%, or…

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09:45
07/16/18
07/16
09:45
07/16/18
09:45
General news
Business Inventories to be reported at 10:00 »

May Business Inventories…

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