Tesla Motors Inc (NASDAQ:TSLA) is once again the prime target of short sellers amid falling crude oil prices. With crude oil prices falling excessively in the last several months, a new question is raised about the near-term future of fuel-efficient vehicles. At the same time, Tesla is not the only company taking a hit and…
Tesla Motors Inc (TSLA)’s Mass Electric Car Market Doubtful: Co-Founder
Tesla Motors Inc (NASDAQ:TSLA) co-founder Ian Wright never believes in the potential of an electric car in the mass market. In an interview with the San Francisco Business Times, Wright expressed surprise at the electric carmaker’s performance. Noting the Model S’ sales success, he said he didn’t expect that Tesla would perform better that he…
Right Time to Buy Tesla Motors Inc (TSLA)’s Shares Says Morgan Stanley (MS)’s Analyst
The shares of Tesla Motors Inc (NASDAQ:TSLA) jumped nearly 3 percent after Morgan Stanley (NYSE:MS) analysts called it the right time for buying the electric motor company’s shares. In addition to it, the electric motor company is facing difficult times in the Chinese markets, as China reports its slowest growth rate in the last 25…
Tesla Motors Inc (TSLA)’s Model X Gets Challenger in China’s GAC WitStar
Tesla Motors Inc (NASDAQ:TSLA), which boasts of an upcoming Model X semi-autonomous electric car, gets a challenger from China’s GAC WitStar. Showcased at the 2015 Detroit Auto Show, the WitStar model from GAC Motors in Guangzhou, China resembled the look of the Model X, according to Business Insider, and amazed audience with a particularly wild…
Tesla Motors Inc (TSLA)’s Shares Took Biggest Single-Day Fall in More Than Two Months amid Declining China Sales
The last quarter was not the best period for Tesla Motors Inc (NASDAQ:TSLA) and its CEO after the company lost over 28 percent of its share value since September 2014. After a remark from the CEO concerning the falling sales in China and the profitability deferred to 2020, the electric carmaker lost over 5 percent…
Tesla Motors Inc (TSLA) Shares Slip on Declining China Sales
Tesla Motors Inc (NASDAQ:TSLA) shares declined up to 8 percent, or as low as $188 per share, in after-hours trading on Tuesday, following announcement of weak performance in China by Tesla CEO Elon Musk. Speaking at the Automotive News World Congress in Detroit, Musk said that sales figures in China was lower than expected. He…
Tesla Motors Inc (TSLA) To Manufacture Half Million Cars by 2020
Tesla Motors Inc (NASDAQ:TSLA) will have the capacity to manufacture half a million cars by the year 2020, according to a statement made by Joe Taylor, Chairman and CEO of Panasonic Corporation (ADR), at the Consumer Electronics Show held at Las Vegas. Taylor is hinting at the $5 billion Gigafactory as a determining factor that…
Tesla Motors Inc (TSLA) Relaunch Roadster With Over 400 Miles Range Capacity
Tesla Motors Inc (NASDAQ:TSLA) announced in a press release that owners of its all electric Roadster vehicle is about to benefit from upgrades in the new Roadster 3.0 package that combines improvements in battery packs, aerodynamics, and rolling resistance expected to give about 40-50 percent range improvements of over 400 miles (644 kilometers) per charge.…
Tesla Motors Inc (TSLA)’s Shares Continue Downward Rally Post China Head Departure, Analysts Expect Share To Fall Below $200
The electric carmaker, Tesla Motors Inc (NASDAQ:TSLA), is continuing a tough ride with its shares falling in excess of 15% in the past two weeks. The shares of the electric automobile company declined nearly 1% after its Chinese head left the position without any notice. Tesla does have a bright future and the demand for…
Tesla Motors Inc (TSLA)’s Customers Are Rich Enough To Care About Oil Prices, Perfect Time To Start Positions
The shares of the electric carmaker, Tesla Motors Inc (NASDAQ:TSLA), bounced back after continuously falling for the last 7 days closing at $216.89 with 1.18% improvement at the end of regular trading session. Automobile experts and analysts have denied the impact of falling oil prices on the luxury cars costing more than $100,000. Irrespective of…