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TSLA

Tesla

$348.91

7.87 (2.31%)

12:36
11/30/18
11/30
12:36
11/30/18
12:36

Tesla reaches goal of producing 1,000 Model 3s in a day, Elektrek reports

Tesla has reached its goal of manufacturing 1,000 Model 3 cars in a day and is now focusing on maintaining that rate and reducing costs, Elektrek reports. CEO Elon Musk told employees in an email that "f you are able to help in any way with getting Model 3 production to a steady 1000 per day at excellent quality, everyone at the company should please consider this their top priority." He added that "It's important to bear in mind that the cost of the car is made up of about 10,000 unique parts and processes. depending on how you count it, the current cost of a standard range Model 3 would be around $38,000, so each part or process step only costs around $3.80. That means finding cost efficiencies is a game of pennies, even though it might not seem so." Reference Link

  • 13

    Dec

TSLA Tesla
$348.91

7.87 (2.31%)

11/05/18
UBSW
11/05/18
NO CHANGE
Target $190
UBSW
Sell
Tesla earnings helped by EV credits, says UBS
UBS analyst Colin Langan noted Tesla beat his Q3 estimates, but said the quarter was helped by EV credits. He said the 10-Q revealed the size of the credits, which were not in the earnings release, and he said it suggests the underlying operations were not as strong as the original release implied. Langan reiterated his Sell rating and $190 price target on Tesla shares.
11/20/18
UBSW
11/20/18
NO CHANGE
Target $230
UBSW
Sell
Tesla batteries ahead of competition, says UBS
UBS analyst Colin Langan said a teardown of EV batteries revealed Tesla's are cheaper, suggesting it is ahead of the competition on both chemistry and its battery management system. The analyst raised his estimates on the lower cost and the inclusion of non-ZEV EV credits. The new estimates raise the price target to $230 from $190. However, Langan reiterated his Sell rating on Tesla shares.
11/20/18
UBSW
11/20/18
NO CHANGE
Target $230
UBSW
Sell
UBS battery teardown shows Tesla cells cheaper, ahead of competition
UBS analyst Colin Langan raised his price target for Tesla shares to $230 from $190 after his firm's battery teardown indicated the company's cell costs will reach $111/kWh versus his prior estimate of $148/kWh. The stock closed yesterday down 84c to $353.47. The teardown implies the cost of the Model 3 will be $1,960 lower than previous expectations once the cells are at scale, Langan tells investors in a research note. It also suggests Tesla is ahead of the competition on both the chemistry and the battery management system, adds the analyst. Based on the lower cost battery and the inclusion of non-zero emission electric vehicle credits, Langan boosted his fiscal 2019 earnings per share estimate for Tesla by $5.85 to $3.55. Nonetheless, his new price target is still 35% below the current stock price. As a result, the analyst keeps a Sell rating on Tesla.
11/28/18
JEFF
11/28/18
NO CHANGE
Target $360
JEFF
Hold
Tesla generated $14,000 profit on each Model 3 in Q3, says Jefferies
After visiting the company's Fremont factory, Jefferies analyst Philippe Houchois keeps a Hold rating on Tesla with a $360 price target. With production issues now coming under control in the course of Q3, concerns have moved onto demand considering uncertainties about the launch of lower-priced Model 3 versions and the phasing of federal tax credits, Houchois tells investors in a research note. Tesla expects the erosion of Model 3 average selling prices can be moderated through international sales focused on high mix version and the introduction of leasing offers with attractive residual values, adds the analyst. Houchois assumes Model 3 ASPs can remain "well above" $50,000. In Q3, he estimates Tesla generated gross cash profit of $14,000 on revenue of $59,000 per Model 3.

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BUD

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ERI

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SOLO

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EMR

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SIEGY

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$0.00

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ETSY

Etsy

$41.99

(0.00%)

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$41.99

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Trupanion

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CTSH

Cognizant

$63.65

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Wix.com

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Akamai

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LendingTree

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TYL

Tyler Technologies

$284.74

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OTEX

OpenText

$43.51

0.055 (0.13%)

JCOM

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$96.64

0.74 (0.77%)

CDNS

Cadence Design

$67.23

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Verizon

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$39.74

0.31 (0.79%)

SCPL

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$9.91

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WEYL

Weyland Tech

$0.00

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MBCN

Middlefield Banc

$24.35

0.27 (1.12%)

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CABA

Cabaletta Bio

$13.84

0.24 (1.76%)

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TEAM

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TJX

TJX

$59.54

-0.25 (-0.42%)

08:40
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ITI

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  • 21

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CNHI

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AOS

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DRNA

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DRNA

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IONS

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BOSC

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