Tesla (TSLA) Names New EMEA Sales Chief
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Tesla (TSLA) PT Raised to $245 at Goldman Sachs on Model 3 Order Strength
April 25, 2016 8:38 AM EDTGoldman Sachs analyst Patrick Archambault raised his price target on Tesla Motors (NASDAQ: TSLA) to $245.00 (from $202.00) amid Model 3 order strength. However, the analyst stopped short of upgrading the stock and maintained a Neutral rating.
Archambault said as they digest the much larger that expected 400K Model S reservation number they look at three things:
(1) Assess the competitive positioning of Teslas product... More
Taking on Tesla: China's Jia Yueting aims to outmuscle Musk
April 24, 2016 8:19 PM EDTBy Norihiko Shirouzu and Paul Lienert
BEIJING/DETROIT (Reuters) - Tomorrow's cars will be all-electric, self-driving, connected to high-speed communications networks ... and free.
And probably Chinese.
That, at least, is the vision of Jia Yueting, a billionaire entrepreneur and one of a new breed of Chinese who see their technology expertise re-engineering the automobile industry, and usurping Tesla Motors (NASDAQ: TSLA), a U.S. pioneer in premium electric vehicle (EV) making.
"Tesla's a great company and has taken the global car industry to the EV era," Jia... More
