Tesla (TSLA) Delivers 97,000 Vehicles in Q3

Oppenheimer Reiterates Outperform Rating on Tesla (TSLA) Following 3Q Delivery Report

October 3, 2019 8:29 AM EDT

Oppenheimer analyst Colin Rusch reiterated an Outperform rating and $356.00 price target on Tesla (NASDAQ: TSLA) following the company's 3Q delivery report. Deliveries beat consensus of ~95K vehicles, and the company continued to work down finished goods inventory as production for the quarter was... More

Tesla (TSLA) Lower/No Growth Fails to Warrant The Current Valuation - Cowen

October 3, 2019 7:31 AM EDT

Cowen analyst Jeffrey Osborne reiterated an Underperform rating and $140.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "We expect shares to be under pressure despite deliveries coming in slightly above and with a more favorable mix toward... More

Wedbush Reiterates Neutral Rating on Tesla (TSLA) Following 3Q Delivery Numbers

October 3, 2019 7:19 AM EDT

Wedbush analyst Daniel Ives reiterated a Neutral rating and $220.00 price target on Tesla (NASDAQ: TSLA) following the company's report on 3Q deliveries. Total Deliveries of 97K were up slightly 2% q/ q and ahead of the Streets 95,100 estimate. The most important number in the... More

Tesla (TSLA) Remains Needham's Top Concern, Reiterates Underperform

October 3, 2019 6:47 AM EDT

Needham & Company analyst Rajvindra Gill reiterated an Underperform rating and {REMOVEPT} price target on Tesla (NASDAQ: TSLA).

The analyst comments "Tesla delivered 97K vehicles in Q3, which was slightly below management's 100K forecast. The company would need to deliver ~105K vehicles in Q4 to hit the bottom end... More

Morgan Stanley Reiterates Equalweight Rating on Tesla (TSLA)

October 3, 2019 5:20 AM EDT

Morgan Stanley analyst Adam Jonas reiterated an Equalweight rating and $230.00 price target on Tesla (NASDAQ: TSLA).

Says the strong delivery print was expected and notes the focus now shifts to margins.

For an analyst ratings summary and ratings... More

Macquarie Reiterates Outperform Rating & $400 PT on Tesla (TSLA), 'We Are Not Concerned About Demand'

October 3, 2019 5:19 AM EDT

Macquarie analyst Maynard Um reiterated an Outperform rating and $400.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Q3 could have easily been a quarter where there was softer seq demand volume due to a US subsidy reduction, European seasonality, and slower China sales... More

Baird Sees Focus on Tesla (TSLA) Shifting to Margins Now

October 3, 2019 4:21 AM EDT

Baird analyst Ben Kallo reiterated an Outperform rating and $355.00 price target on Tesla (NASDAQ: TSLA).

THe analyst comments "Record deliveries were roughly in line with our/consensus estimates, but missed elevated whisper numbers following the email leak. We think 2019 volume guidance is still... More

Barclays Reiterates Underweight Rating on Tesla (TSLA), Says Equity Remains Overvalued Following Q3 Delivery Numbers, Sees Possible Upside Swing Trade to $290

October 2, 2019 8:48 PM EDT

Barclays analyst Brian Johnson reiterated an Underweight rating and $150.00 price target on Tesla (NASDAQ: TSLA).

Believes equity is overvalued.Sees valuation lacking reflection of risks and challenges inherent in lofty growth ambitions set by management.Says leaked emails are a... More