Tesla (TSLA) Debuts New Model 3; Pre-Orders Surpass 150k Mark

Tesla (TSLA) to Rethink Production Planning as Model 3 Orders Climb to 198K

(Updated - April 1, 2016 1:36 PM EDT)

Orders for Tesla's (NASDAQ: TSLA) Model 3 haven't slowed, and order count now stands at 198,000, said the company's CEO Elon Musk via twitter. He added that he will need to rethink production... More

Tesla (TSLA) Sees Continued Fade Despite News of $7.5B in Model 3 Orders

Selling in Tesla (NASDAQ: TSLA) shares accelerated despite news from CEO Elon Musk moments ago that Model 3 orders surpassed 180,000, or $7.5 billion. Shares now are up just 2.3% after opening up 6.6%.

Tesla (TSLA) CEO Musk: Model 3 Orders Surpass 180k in 24 Hours

Tesla (Nasdaq: TSLA) CEO Elon Musk said Model 3 orders have surpasses 180,000 in 24 hours. The average selling price was around $42,000,... More

Tesla's (TSLA) New, Cheaper Model 3 May Be Better than the Model S - Analyst

Morgan Stanley's Tesla Motors (NASDAQ: TSLA) analyst Adam Jonas asks "Is the Model 3 Better than the S?" He thinks it is

Jonas has 4 key thoughts following the Model 3 event:

1. Based on the limited information disclosed at last night's unveiling, we think this car is probably much better than the Model S. Certainly the higher-performance versions can be faster, offer more dynamic performance, more driving pleasure. We suspect this is a reason why management didn't share too many details on specs besides headline numbers (0 to 60 in under 6
seconds, 215 mile EPA range)... More

Tesla (TSLA) Shorts Pressured Following Model 3 Unveiling

(Updated - April 1, 2016 9:29 AM EDT)

Tesla (Nasdaq: TSLA) shorts were pressured Friday morning follow the company's Model 3 unveiling yesterday evening and news it received over 135,000 reservations in one day. Tesla advanced approximately 7% pre-market to $245 per share -- a year-to-date high.

According... More

Tesla (TSLA) Fetches Street-High, $500 Price Target at Dougherty

Dougherty & Co reiterated a Buy rating on Tesla Motors (NASDAQ: TSLA) with a Street-high price target of $500.00 (prior $355.00). Yesterday Tesla unveiled its Model 3 and booked over 150,000 reservations. Analyst Andrea James described the event as "history making."

"At the end of his presentation, CEO Elon... More

Baird Would Be 'Aggressive' Buyers of Tesla (TSLA) Following Over ~$5B in Initial Pre-Orders

Baird analyst Ben Kallo reiterated an Outperform rating and $300 price target on Tesla Motors (NASDAQ: TSLA) after the releaes of the Model III prototype and very strong pre-orders.

Kallo commented, "The Model III remains on schedule for late-2017 deliveries and the base vehicle... More

Stifel 'Awestruck' at Level of Demand for Tesla's (TSLA) Model 3; Reaffirms at 'Buy'

Stifel is out with commentary on Tesla (Nasdaq: TSLA) following the Model 3 debut on Thursday night. The firm reiterated its Buy rating and $325 price target on Tesla.

Analyst James Albertine offered the following commentary:

We are simply awestruck by the demand surfacing for the Model 3. While we have disagreed with traditional OEMs (comments circa 2008/09) and various investors (comments circa 2012-16) both of whom have questioned whether "demand exists" for electric vehicles, we had no idea the reservation orders would be this strong for... More