SolarCity performance points to rockier outlook for rooftop solar

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Bernstein Reiterates Market Perform Rating and $250 PT on Tesla (TSLA) Following 1Q Report; 'Continue to Worry About Gross Margin Pressure in 2H17'

May 4, 2017 12:02 PM EDT

Bernstein reiterates Market Perform rating and $250 price target on Tesla Motors (NASDAQ: TSLA) following the company's first quarter earnings announcement.

Analyst A.M. Sacconaghi notes the company delivered revenues and automotive gross margins above the Street's expectations, despite offering earnings per... More