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Tesla's Eroding Market Share, Lucid's Rawlinson Claims Bragging Rights, Rivian's Production Woes And More: Biggest EV Stories Of The Week
Saturday, August 17, 2024 - 8:30am | 1261U.S. stocks rebounded to finish the week stronger but electric-vehicle stocks did not match the market-wide optimism as fundamentals weakness continued to be a drag. Market leader Tesla, Inc. (NASDAQ:TSLA) did close higher for the week as it rose along with its mega-cap peers. Here’s a...
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Why This Bloom Energy Analyst Says The Company Could Blossom In 2024
Wednesday, January 10, 2024 - 2:20pm | 316In December 2023, Bloom Energy Corp (NYSE: BE) inked a deal with SK Ecoplant, a subsidiary of South Korean conglomerate SK Group, for the sale of its electrolyzer technology for hydrogen production. The company has several catalysts for 2024, including cost reductions, improvements in its...
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Tesla Analysts Chime In On Margins, Cybertruck, FSD Licensing And More: 'Would Use Any Pullback To Accumulate Shares'
Thursday, July 20, 2023 - 10:23am | 1052Electric vehicle giant Telsa Inc (NASDAQ: TSLA) reported second-quarter financial results that came in ahead of Street consensus estimates Wednesday after market close. Analysts are sizing up the report and what’s ahead for the company. The Tesla Analysts: Baird analyst Ben Kallo has an...
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Albemarle Revises Guidance Due To 40% Dip In Lithium Prices, Analyst Turns Bullish
Monday, May 15, 2023 - 10:46am | 253Shares of Albemarle Corporation (NYSE: ALB) spiked in early trading on Monday on prospects of a rebound in lithium demand from China. There is upside to the current estimates for Albemarle from any increase in lithium demand and prices, and potential tailwinds from the Inflation Reduction Act,...
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Baird Bullish On Beyond Meat, Predicts $1.9B Revenue By 2023
Thursday, September 3, 2020 - 2:20pm | 338Beyond Meat Inc (NASDAQ: BYND) shares traded higher on Thursday after one Wall Street analyst initiated bullish coverage of the stock. The Beyond Meat Analyst: Baird analyst Ben Kallo initiated coverage of Beyond Meat with an Outperform rating and a $160 price target. The Beyond Meat Thesis: ...
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Experts React To Tesla Stock Split, Trading Action: 'Kind Of Ridiculous'
Wednesday, August 12, 2020 - 10:13am | 664Tesla Inc (NASDAQ: TSLA) shares are up 6% on Wednesday after the company announced a 5-for-1 stock split on Tuesday afternoon. The stock split will be implemented after the market close Aug. 31. Companies with relatively high stock prices like Tesla often implement stock splits to bring...
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3 Things To Look For In Tesla's Q2 Earning Report
Tuesday, July 21, 2020 - 1:51pm | 417In less than two decades, Tesla Inc (NASDAQ: TSLA) went from upstart to the most valuable car company in the world, turning mainstream electric vehicles from a thing of science fiction to reality. Tesla reports second-quarter earnings on Wednesday after the market closes. The EPS and sales numbers...
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Can Tesla's Stock Maintain The Magic $1,000 Level?
Wednesday, June 17, 2020 - 5:00pm | 859Despite the skeptics, Tesla Inc (NASDAQ: TSLA) broke above the significant $1,000 price level for the first time in its history this month. The new high further accelerated the bullish optimism surrounding the company. Can Tesla stick the landing? “There continues to be a lot of...
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Baird Upgrades FMC On Prospects Of Above-Market Revenue Growth For Several Years
Wednesday, October 16, 2019 - 1:00pm | 352FMC Corp (NYSE: FMC) seems well-positioned to generate top-line and adjusted EBITDA growth in 2020 and beyond, driven by new product launches, share gains in key markets and operating leverage, according to Baird. The Analyst Baird’s Ben Kallo upgraded FMC from Neutral to Outperform, raising...
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'Concerning Trend': Wall Street Weighs In On Tesla's Q2 Earnings
Thursday, July 25, 2019 - 11:52am | 704Tesla Inc (NASDAQ: TSLA) shares plummeted on Thursday after the company reported a much larger-than-expected loss in the second quarter and fell short of consensus revenue estimates as well. Tesla reiterated its full-year vehicle delivery guidance of between 360,000 and 400,000 units and once again...
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Tesla Analysts On Shareholder Meeting: Narrative 'Overly Negative,' 'Herculean Task' In Production Goals
Wednesday, June 12, 2019 - 12:05pm | 579Investors and analysts still aren't fully charged up on Tesla Inc. (NASDAQ: TSLA) despite CEO Elon Musk’s assertion that the company could have a “shot at a record quarter on every level” during the electric carmaker's Tuesday shareholder meeting. Sales have "far...
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Tesla Analysts Weigh In On Huge Deliveries Miss
Thursday, April 4, 2019 - 11:13am | 798Tesla, Inc. (NASDAQ: TSLA) crashed more than 9 percent Thursday after the company reported first-quarter auto deliveries well below Wall Street expectations. Tesla reported 50,900 Model 3 deliveries in the first quarter, missing consensus analyst estimates of 52,450. Total deliveries of 63,000...
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Baird: Long Ramp To Tesla Model Y Production Could Ease Cannibalization Concerns
Monday, March 4, 2019 - 11:59am | 593Tesla Inc. (NASDAQ: TSLA) plans to roll out its new Model Y SUV this month, CEO Elon Musk said on Twitter over the weekend. While some skeptics might think a new Tesla vehicle could cannibalize the company’s sales of existing models — the news comes shortly after the electric car...
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Analysts 'Not Overly Concerned' About Tesla's CFO Retirement
Thursday, January 31, 2019 - 2:12pm | 395Tesla Inc (NASDAQ: TSLA) investors weren’t thrilled Wednesday evening when CFO Deepak Ahuja announced his second retirement in two years. The stock immediately suffered a 4-percent pullback in after-hours trading. The announcement was made as the company's earnings call concluded. Ahuja...
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Analysts Tackle Tesla Price Cut, Demand Concerns
Thursday, January 3, 2019 - 3:50pm | 582Tesla, Inc. (NASDAQ: TSLA) was off to a horrible start to 2019 on Wednesday after the company reported a fourth-quarter deliveries miss that sent the stock tumbling. Tesla shares were down again Thursday, and several additional Wall Street analysts have weighed in on what Tesla’s...