Tesla stock ‘bull case’ is $500 at Morgan Stanley

2019-12-06

The best-case scenario for Tesla Inc. stock is zooming to $500, an upside of nearly 50% thanks to the Silicon Valley car maker’s Cybertruck and the progress of its China factory. That’s from analysts at Morgan Stanley, led by Adam Jonas, in upping their “bull case” on Tesla TSLA, +2.03%Read More →

Jim Chanos on Tesla: ‘We are still bears’

2019-11-21

A rumor that famed short seller Jim Chanos of Kynikos Associates has covered his shorts on Tesla Inc. is greatly exaggerated. It is, in fact, plain wrong. In an hour-long interview aired Thursday with folks at Hedgeye Risk Management (here’s the webcast), Chanos dispelled the rumor: ‘Tesla is and remainsRead More →

Elon Musk: Tesla does not have a demand problem

2019-06-11

Tesla Inc. Chief Executive Elon Musk took the stage at the company’s shareholder meeting Tuesday seeking to dispel concerns about demand and production that have plagued the Silicon Valley car maker for months. Judging by Tesla’s TSLA, +1.98%  stock action in the extended session, Musk succeeded. The shares rose moreRead More →

Elon Musk is just another car salesman

2019-04-23

Tesla Inc.’s autonomous-driving showcase was riddled with so many pie-in-the-sky statements and inaccuracies that Chief Executive Elon Musk looks more like a huckster car salesman than the “genius” that his fans declare him to be. To quickly recap: On Monday, Musk said at an event in Palo Alto, Calif., thatRead More →

Tesla looks to make major changes to board amid SEC fight

2019-04-19

As Tesla Inc. discusses potential ramifications for Chief Executive Elon Musk’s actions with the Securities and Exchange Commission, it disclosed a dramatic change to its board of directors late on Good Friday. In a proxy filing with the SEC, Tesla TSLA, +0.75%  said that four independent directors will step down.Read More →