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Found 15 results

  1. Tesla's stock opened under $200 at $197.75 on Tuesday, a substantial decrease from the $332.80 it was trading for in December 2018. In April, Tesla posted a $722M loss for the first quarter of 2019. Tesla has faced terrible delivery reports over the last two quarters while also trying to get the new Tesla Model Y production online and a Gigafactory in Shanghai operational. The Los Angeles Times reports that Wedbush Securities Analyst Dan Ives has cut the price target of Tesla from $275 a share to $230 a share citing an escalating trade war between the U.S. and China. Another analyst cu
  2. After much speculation, it has come to light that Apple did propose to bid on Tesla back in 2013 for $240 a share, higher than the sub-$200 a share Tesla is trading at today, according to CNBC. Analyst Craig Irwin told CNBC that there was a serious bid from Apple and says that multiple credible sources have told him so. Tesla is down more than 46% from its high in August 2018 when CEO Musk tweeted that he had funding secured to take Tesla private at $420 a share via a Saudi Soverign Wealth Fund, but that tweet turned out to be false, Tesla reversed course, and got Musk and Tesla in trou
  3. After much speculation, it has come to light that Apple did propose to bid on Tesla back in 2013 for $240 a share, higher than the sub-$200 a share Tesla is trading at today, according to CNBC. Analyst Craig Irwin told CNBC that there was a serious bid from Apple and says that multiple credible sources have told him so. Tesla is down more than 46% from its high in August 2018 when CEO Musk tweeted that he had funding secured to take Tesla private at $420 a share via a Saudi Soverign Wealth Fund, but that tweet turned out to be false, Tesla reversed course, and got Musk and Tesla in trou
  4. Tesla's stock opened under $200 at $197.75 on Tuesday, a substantial decrease from the $332.80 it was trading for in December 2018. In April, Tesla posted a $722M loss for the first quarter of 2019. Tesla has faced terrible delivery reports over the last two quarters while also trying to get the new Tesla Model Y production online and a Gigafactory in Shanghai operational. The Los Angeles Times reports that Wedbush Securities Analyst Dan Ives has cut the price target of Tesla from $275 a share to $230 a share citing an escalating trade war between the U.S. and China. Another analyst cu
  5. Tesla is seeking to raise nearly $2.7 billion to add to its sagging balance sheet according to a filling. It would offer 3.5 million shares priced at $243 per share and a $1.6 billion convertible debt. Elon Musk will be buying $25 million in shares and currently owns around a 20 percent stake in the company. Wall Street seemed to find this capital raise promising as it boosted shares 1.5% before the opening bell. Analysts were calculating that Tesla, which burned $1.5 billion in Q1-2019 alone, would not have enough cash to continue working on its Model Y crossover and the new Tesla Semi
  6. Tesla is seeking to raise nearly $2.7 billion to add to its sagging balance sheet according to a filling. It would offer 3.5 million shares priced at $243 per share and a $1.6 billion convertible debt. Elon Musk will be buying $25 million in shares and currently owns around a 20 percent stake in the company. Wall Street seemed to find this capital raise promising as it boosted shares 1.5% before the opening bell. Analysts were calculating that Tesla, which burned $1.5 billion in Q1-2019 alone, would not have enough cash to continue working on its Model Y crossover and the new Tesla Semi
  7. Jeep is seeing record sales of the Wrangler, Through November, sales climbed 25 percent over 2017, to 220,232 vehicles. This year also saw monthly sales record of 29,776 Wranglers sold in April. But there is a bit of problem with the Wrangler. According to Automotive News, dealers have over a 100-day supply of the model. In the beginning of November, dealers were sitting on a 156-day supply of Wranglers. The number has fallen to 135-days at the beginning of this month. But it is still a perplexing problem. How can Jeep dealers have such a huge backlog of Wranglers, despite selling a fair
  8. Jeep is seeing record sales of the Wrangler, Through November, sales climbed 25 percent over 2017, to 220,232 vehicles. This year also saw monthly sales record of 29,776 Wranglers sold in April. But there is a bit of problem with the Wrangler. According to Automotive News, dealers have over a 100-day supply of the model. In the beginning of November, dealers were sitting on a 156-day supply of Wranglers. The number has fallen to 135-days at the beginning of this month. But it is still a perplexing problem. How can Jeep dealers have such a huge backlog of Wranglers, despite selling a fair
  9. Yesterday afternoon, Tesla CEO Elon Musk tweeted this This sent everyone into a tizzy, wondering if he was being serious or not. In fact, NASDAQ had to halt trading of Tesla for a couple of hours because of this tweet. Thankfully, Tesla posted an email that was sent by Musk to employees explaining why. The key reason comes down wanting to minimize distractions and begin focusing on the long term. "But the reason for doing this is all about creating the environment for Tesla to operate best. As a public company, we are subject to wild swings in our stock price that can be a major
  10. Yesterday afternoon, Tesla CEO Elon Musk tweeted this This sent everyone into a tizzy, wondering if he was being serious or not. In fact, NASDAQ had to halt trading of Tesla for a couple of hours because of this tweet. Thankfully, Tesla posted an email that was sent by Musk to employees explaining why. The key reason comes down wanting to minimize distractions and begin focusing on the long term. "But the reason for doing this is all about creating the environment for Tesla to operate best. As a public company, we are subject to wild swings in our stock price that can be a major
  11. Pre-Tuned or Stock. This week we’re asking the question: Which do you prefer? A pre-tuned ride or a stock vehicle that you can tune and modify yourself? My money is on the latter but I’ve been surprised before. Take the #SoundOff survey now! Want to see last week's results? See the post here.
  12. Tesla's stock price is going through the floor. It has lost a significant percentage of its value since September. I suppose it's due to the lower price of oil, which makes switching to electric vehicles less attractive. Would you invest in Tesla stock at the moment? I wouldn't. I think they're seriously over valued due to all the Sillicon Valley fanbois.
  13. Shares of Tesla stock dropped today due to a video showing a tesla on highway 167 in south seattle catching on fire after hitting some steel in the road. Leaving one to wonder just how easy is it for these electric auto's to catch on fire and possibly kill someone. The incident happened at approximately 8am and was posted on WSDOT Cam web site and local news. It soon became the talk of the office in regards to how safe are these auto's and should they be allowed to be on the road? Seattle Times had the following story. http://seattletimes.com/html/businesstechnology/2021951388_teslastockxml
  14. William Maley Staff Writer - CheersandGears.com June 11, 2013 At the moment, Chevrolet is currently sitting on a 140-day supply of Volts, more than double the amount supply analysts say is healthy. How is General Motors going to cut down the supply? By piling on incentives! Chevrolet spokeswoman Michelle Malcho tells The Detroit News the company will be offering $4,000 off on 2013 Volts and $5,000 off on 2012 models. Alternatively, you can do a 36-month lease on a Volt for $269 with $2,399 down at signing or can be purchased with zero percent financing for 48 months and receive $3,000 off.
  15. William Maley Staff Writer - CheersandGears.com June 11, 2013 At the moment, Chevrolet is currently sitting on a 140-day supply of Volts, more than double the amount supply analysts say is healthy. How is General Motors going to cut down the supply? By piling on incentives! Chevrolet spokeswoman Michelle Malcho tells The Detroit News the company will be offering $4,000 off on 2013 Volts and $5,000 off on 2012 models. Alternatively, you can do a 36-month lease on a Volt for $269 with $2,399 down at signing or can be purchased with zero percent financing for 48 months and receive $3,000 off.

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