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TSLA

Tesla

$274.27

1.765 (0.65%)

13:19
04/17/19
04/17
13:19
04/17/19
13:19

Musk says Tesla vehicles will drive better than humans by end of 2019, BI says

Tesla CEO Elon Musk said in an interview with MIT research scientist Lex Fridman that his company's cars will be better at driving than humans by the end of this year, Business Insider's Mark Matousek reports. "I think it will become very quickly - maybe even towards the end of this year, but I would say I'd be shocked if it's not next year, at the latest - that having a human intervene will decrease safety," Musk said. The CEO later said that the car maker's autonomous-driving technology was improving at an exponential rate, and that it appeared to him that Tesla is ahead of its competitors in that industry, Matousek notes. "I could be wrong, but it appears to be the case that Tesla is vastly ahead of everyone," Musk said. Reference Link

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TSLA Tesla
$274.27

1.765 (0.65%)

04/09/19
LEHM
04/09/19
NO CHANGE
Target $192
LEHM
Underweight
Tesla's Q1 deliveries suggest 'demand cliff was real', says Barclays
Barclays analyst Brian Johnson kept his Underweight rating and $192 price target on Tesla, saying the company's Q1 deliveries reported last week suggests that the quarter will be "even tougher" than his below consensus view. The analyst notes that the price cuts announced in February reflects the view that the "demand cliff was real", and sees the deliveries print implying "further downside", particularly because of the shortfall in Model S and X vehicles. Johnson adds that a "meaningful rebound is unlikely", adding to Tesla's volume risks "at least until China production starts".
04/10/19
04/10/19
INITIATION

Fly Intel: 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 Neutral at Nomura Instinet. 2. Community Healthcare (CHCT) initiated with an Outperform at Baird. 3. Community Bank System (CBU) initiated with an Equal Weight at Stephens. 4. Fox Corp re-initiated with a Market Perform at BMO Capital. 5. Wendy's (WEN) initiated with an Outperform at Cowen. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
04/11/19
ROTH
04/11/19
NO CHANGE
Target $240
ROTH
Neutral
Tesla price target lowered to $240 from $270 at Roth Capital
Roth Capital analyst Craig Irwin lowered his price target for Tesla (TSLA) to $240 from $270, while reiterating a Neutral rating on the shares. The analyst believes the direct read on Panasonic (PCRFY)/Tesla suspending plans for Gigafactory expansion is the partners probably do not see Tesla achieving projected sales volumes, and therefore necessary battery demand. The analyst thinks Tesla's battery costs are too high, with METI data pointing to Tesla's cell costs at around $240/kWh, while his checks show VW (VWAGY)/Porsche paying $250/kWh, indicating Tesla has no advantage here. Overall, Irwin believes Tesla's vehicle sales are slow because costs are simply too high for consumers.
04/16/19
OPCO
04/16/19
NO CHANGE
Target $437
OPCO
Outperform
Tesla's story undergoing yet another 'significant' shift, says Oppenheimer
Oppenheimer analyst Colin Rusch believes Tesla's story is undergoing "yet another significant shift." Beyond Model 3 demand and cost reduction driving operating cash flow, the analyst thinks the Model S and X refresh cycle and pricing strategy are in focus for short-term investors while the longer-term story is increasingly weighted to China sell-through. Important in the Model S transition is that it remains Tesla's highest margin product and provides some cover for lower margins on Model X and Model 3, he contends, adding that any reduced volume on that vehicle will be a headwind for Tesla's margins. Rusch is lowering Model S and X deliveries in his 2019 estimates and lowering margins looking for incremental information on production cadence. He reiterates an Outperform rating and a $437 price target on the shares.

TODAY'S FREE FLY STORIES

AMRN

Amarin

$18.32

-0.07 (-0.38%)

11:45
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Amarin call volume above normal and directionally bullish »

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LRN

K12

$31.11

-5.115 (-14.12%)

11:40
04/24/19
04/24
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11:40
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K12 analyst commentary  »

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TSLA

Tesla

$262.87

-0.98 (-0.37%)

, SSNLF

Samsung

$0.00

(0.00%)

11:40
04/24/19
04/24
11:40
04/24/19
11:40
Earnings
Fly Intel: What to watch in Tesla earnings report »

Tesla (TSLA) is scheduled…

TSLA

Tesla

$262.87

-0.98 (-0.37%)

SSNLF

Samsung

$0.00

(0.00%)

03/08/13
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  • 24

    Apr

CAT

Caterpillar

$138.82

-3.26 (-2.29%)

11:37
04/24/19
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11:37
Hot Stocks
Breaking Hot Stocks news story on Caterpillar »

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  • 24

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GWW

Grainger

$292.75

-0.46 (-0.16%)

11:37
04/24/19
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11:37
Hot Stocks
Grainger authorizes repurchase of additional 5M shares »

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  • 24

    Apr

BKU

BankUnited

$35.97

0.24 (0.67%)

11:36
04/24/19
04/24
11:36
04/24/19
11:36
Downgrade
BankUnited rating change  »

BankUnited downgraded to…

03/08/13
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GWW

Grainger

$292.73

-0.48 (-0.16%)

11:36
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Hot Stocks
Grainger raises dividend by 6% to $1.44 per share »

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  • 24

    Apr

BBY

Best Buy

$75.08

1.48 (2.01%)

, PG

Procter & Gamble

$104.47

1.28 (1.24%)

11:36
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04/24
11:36
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11:36
On The Fly
Best Buy, P&G, Snap upgrades among today's top analyst calls »

Check out today's top…

BBY

Best Buy

$75.08

1.48 (2.01%)

PG

Procter & Gamble

$104.47

1.28 (1.24%)

SNAP

Snap

$11.20

-0.79 (-6.59%)

KHC

Kraft Heinz

$32.73

-0.365 (-1.10%)

AAPL

Apple

$208.23

0.73 (0.35%)

03/08/13
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03/08/13
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03/06/13
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  • 30

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TEVA

Teva

$14.98

0.07 (0.47%)

, MYL

Mylan

$26.47

-0.13 (-0.49%)

11:35
04/24/19
04/24
11:35
04/24/19
11:35
Recommendations
Teva, Mylan, Novartis analyst commentary at Wells Fargo »

Sandoz results should not…

TEVA

Teva

$14.98

0.07 (0.47%)

MYL

Mylan

$26.47

-0.13 (-0.49%)

NVS

Novartis

$78.35

2.51 (3.31%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
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YPF

YPF

$14.54

-0.35 (-2.35%)

11:35
04/24/19
04/24
11:35
04/24/19
11:35
Options
YPF put volume heavy and directionally bearish »

Bearish flow noted in YPF…

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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  • 10

    May

CAT

Caterpillar

$138.44

-3.64 (-2.56%)

11:32
04/24/19
04/24
11:32
04/24/19
11:32
Hot Stocks
Breaking Hot Stocks news story on Caterpillar »

Caterpillar to discuss…

03/08/13
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  • 24

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11:30
04/24/19
04/24
11:30
04/24/19
11:30
General news
FX Action: USD-JPY »

FX Action: USD-JPY has…

CAT

Caterpillar

$138.79

-3.29 (-2.32%)

11:24
04/24/19
04/24
11:24
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11:24
Hot Stocks
Breaking Hot Stocks news story on Caterpillar »

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  • 24

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TSN

Tyson Foods

$73.67

-0.78 (-1.05%)

, BYND

Beyond Meat

$0.00

(0.00%)

11:21
04/24/19
04/24
11:21
04/24/19
11:21
Periodicals
Tyson Foods quietly sells stake in Beyond Meat, Axios reports »

Tyson Foods (TSN) has…

TSN

Tyson Foods

$73.67

-0.78 (-1.05%)

BYND

Beyond Meat

$0.00

(0.00%)

03/08/13
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03/08/13
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03/06/13
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  • 06

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IVZ

Invesco

$21.55

-0.07 (-0.32%)

11:20
04/24/19
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11:20
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11:20
Options
Call buy in Invesco longest-dated options contracts ahead of earnings »

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  • 24

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ZTO

ZTO Express

$19.98

0.18 (0.91%)

11:19
04/24/19
04/24
11:19
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11:19
Conference/Events
ZTO Express management to meet with UBS »

Meetings to be held in…

03/08/13
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CAT

Caterpillar

$138.70

-3.38 (-2.38%)

11:19
04/24/19
04/24
11:19
04/24/19
11:19
Hot Stocks
Caterpillar CFO sees stronger results in 2H vs. 1H »

Expects to repurchase…

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CAT

Caterpillar

$138.58

-3.5 (-2.46%)

11:18
04/24/19
04/24
11:18
04/24/19
11:18
Hot Stocks
Breaking Hot Stocks news story on Caterpillar »

Caterpillar CFO says has…

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03/06/13
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  • 24

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
04/24/19
04/24
11:17
04/24/19
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
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$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
04/24/19
04/24
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Technical Analysis
NYSE market internals summary »

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CAT

Caterpillar

$138.12

-3.96 (-2.79%)

11:13
04/24/19
04/24
11:13
04/24/19
11:13
Hot Stocks
Breaking Hot Stocks news story on Caterpillar »

Caterpillar CFO says…

03/08/13
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  • 24

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11:13
04/24/19
04/24
11:13
04/24/19
11:13
Conference/Events
CLSA China consumer luxury analyst to hold a luncheon meeting »

China Consumer Luxury…

CAT

Caterpillar

$138.08

-4 (-2.82%)

11:10
04/24/19
04/24
11:10
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11:10
Hot Stocks
Caterpillar: 'Healthy' U.S. economy to be 'positive' for company »

In Construction…

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BA

Boeing

$379.16

5.12 (1.37%)

11:10
04/24/19
04/24
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Hot Stocks
Boeing says long-term fundamentals for business 'remain strong' »

Says paused share…

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