Tesla Wants To Test Autonomous Semi Without A Human Driver

Tesla Model 3

The firm now has $367.97 price objective on the electric vehicle producer's stock. Guggenheim's target price points to a potential upside of 20.21% from the company's current price.

A number of other large investors have also bought and sold shares of the company. UBS AG reissued a "sell" rating and set a $160.00 price target on shares of Tesla in a research report on Wednesday, May 3rd. Argus raised Tesla from a "hold" rating to a "buy" rating and boosted their target price for the company from $355.17 to $444.00 in a research note on Tuesday. (NASDAQ:TSLA) from a hold rating to a buy rating in a research report report published on Tuesday morning, Marketbeat.com reports. The average twelve-month target price among brokers that have issued ratings on the stock in the previous year is $302.40.

Tesla (NASDAQ:TSLA) traded up 0.69% during mid-day trading on Wednesday, hitting $357.87.

Other tech companies are targeting trucking, with firms like Uber investing in new freight initiatives that hope to upend the industry. The firm has a 50-day moving average of $341.13 and a 200-day moving average of $307.07.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, August 2nd.

Tottenham target Davinson Sanchez offered new contract by Ajax
But the wait for their first signing looks nearly over on the eve of Tottenham's first league match of the season at Newcastle. His performances for Ajax also got him into the Colombia setup, and he made his debut for their senior national team in 2016.

Justin Upton hammers walk-off two-run home run
After Martinez walked to load the bases, McCann jumped on a first-pitch, off-speed offering and pounded it over the fence in left. Stanton went 3 for 4 with two runs scored and is hitting.382 (13 for 34) with eight home runs and 15 RBI in his last nine games.

United States stocks tumble on North Korea worries
In commodities, Crude failed to hold the 50 per barrel level, falling almost 2% topping at $50.22 earlier in the session. Gold futures for December delivery hit their highest level since June, rising $3.90 to settle at $1,294 per ounce.

Now some details may have leaked out, in the form of an e-mail conversation between Tesla and the Nevada Department of Motor Vehicles seen by the Reuters news service. Tesla had a negative return on equity of 17.71% and a negative net margin of 7.61%. The business had revenue of $2.79 billion for the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter previous year, the firm posted ($1.06) earnings per share. The business's revenue for the quarter was up 119.6% compared to the same quarter a year ago.

TRADEMARK VIOLATION NOTICE: "Tesla Inc". (The) reaffirmed a sell rating and set a $187.00 price target on shares of Tesla in a research note on Saturday, April 22nd. "(TSLA)" was originally posted by BBNS and is owned by of BBNS. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of U.S. & global trademark & copyright law. Spears Abacus Advisors LLC purchased a new position in shares of Tesla during the second quarter worth $391,000. The stock was sold at an average price of $321.36, for a total value of $703,778.40. Following the transaction, the director now directly owns 166,164 shares in the company, valued at approximately $61,095,179.52. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

When Musk was asked last week if he would like to raise more cash as a buffer, he said the company was considering a debt offering but not an offering of stocks. Parametric Portfolio Associates LLC increased its position in shares of Tesla by 3.5% in the second quarter. The firm owned 2,985 shares of the electric vehicle producer's stock after buying an additional 126 shares during the period. Parametric Portfolio Associates LLC now owns 100,892 shares of the electric vehicle producer's stock worth $36,484,000 after buying an additional 3,410 shares in the last quarter.

Tesla is now going all-in on the Model 3, as the company has continued to make moves related to the production and release of the mass-market electric vehicle. Accern also assigned news headlines about the electric vehicle producer an impact score of 45.0741436449583 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Related:

Comments

Latest news

United in talks with Ibrahimovic about striker staying
Mourinho has no new injury concerns, with Marcos Rojo, Luke Shaw and Ashley Young his only long-term absentees. Despite his lack of playing time he still managed 8 league goals as the London side captured the title.

Giroud's late goal powers Arsenal past Leicester City
Chelsea , without European football, were able to run away with the title, as Leicester managed to do the season before. I know how important he is not only as a player - he's a fantastic player - but also in the group he has a big weight.

Brighton vs Manchester City, Premier League
The attacking duo of Gabriel Jesus and Sergio Aguero have formed a lethal partnership, as was evident in the pre-season. The likes of Delph and Nasri seem to be headed out as there is no place for them in this already star studded midfield.

Japan's leader vows to protect his people from missiles
The PAC-3 deployment is created to prepare for a contingency if any North Korean missiles malfunction and come down over Japan for technological or other reasons.

Nationals' Bryce Harper Leaves Game With Apparent Knee Injury
The Nationals and Giants game spent about three hours in a rain delay prior to the game after having Friday's game rained out. The play occurred in the top of the first inning against the San Francisco Giants on a groundball to first base.

Neo-nazis and white supremacists are celebrating Trump's remarks about the Charlottesville riots
He said he thinks removing the statue amounts to erasing history and said the "counter-protesters are crazier than the alt-right". Trump tweeted condolences about the woman killed the protests Saturday evening, more than five hours after the crash.

Markets Right Now: Stocks open lower
The broad-based S&P 500 shed 0.6 percent to 2,459.50, while the tech-rich Nasdaq Composite Index tumbled 0.8 percent to 6,299.12. Kim Jong Un's regime outlined a plan to fire missiles towards the USA territory of Guam after Trump's remarks on Tuesday .

S&P falls 1.4 percent in safety flight on North Korea tensions
Shares of Kohl's were down 8.4 percent, while Macy's fell 4 percent after the department store operators reported a fall in sales. The major index futures are now pointing to a modestly higher open for the markets, with the Dow futures up by 21 points.

US, South Korea set for war games as North plans missile launch
A statue of Guam hero Ricardo Bordallo is pictured at the entrance of the Governor's Complex on the island of Guam , a U.S. Andersen Air Force Base hosts a Navy helicopter squadron and Air Force bombers that rotate to Guam from the USA mainland.

Yego, Farah, Bolt, and Day 9 London Worlds highlights
Beijing worlds silver medalists China finished fourth with second-leg runner Xie Zhenye just coming back from injury. Jakub Vadlejch of the Czech Republic finished second in 89.73m, ahead of fellow countryman Petr Frydrych on 88.32m.

North: Media to Partly Blame for Escalating US-N. Korea Tension
Heretofore, the administration has urged China to press North Korea as a kind of subcontractor to achieve American objectives. The US and North Korea have exchanged a series of warmongering statements over the recent week.

Asian stocks mostly lower on growing unease over North Korea
Geopolitical concerns continued to weigh on Wall Street amid an ongoing escalation in tensions between the USA and North Korea. In commodities, US crude fell 0.67 percent to $49.23 per barrel and Brent was last at $52.58, down 0.23 percent on the day.

Suspect accused in deadly crash at Charlottesville rally from Ohio
Martin Kumer, superintendent of the Albemarle-Charlottesville Regional Jail, said Fields was in custody there Saturday night. Police say 19 other people reported suffering injuries from the crash.

Jose Mourinho "happy" with Romelu Lukaku, Nemanja Matic displays
Chelsea , without European football, were able to run away with the title , as Leicester managed to do the season before. If they want to get back to title contention - or even a top-four finish - they'll need Alexis Sanchez in the side.

County schools plan a 'phenomenal' extended day for upcoming solar eclipse
You can use solar eclipse paper over the lens, but experts say that even at full-zoom, your photos will be small, KGW reported . The school system has acquired special glasses which are safe for solar viewing to allow students to view the eclipse.

Other news