Tesla Inc (TSLA) Semi Truck Unveiling Delayed Until October

Javier Stokes
September 16, 2017

Cable Hill Partners LLC boosted its position in shares of Tesla Motors by 36.1% in the third quarter.

Among 30 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 12 have Buy rating, 6 Sell and 12 Hold. After $-2.04 actual earnings per share reported by Tesla Inc for the previous quarter, Wall Street now forecasts -1.96% EPS growth. Tesla Motors Inc had 88 analyst reports since July 21, 2015 according to SRatingsIntel. Not much else was announced about this until the company's second-quarter earnings call in August, wherein the chairman and CEO assured investors that the Tesla truck initiative will debut sometime this month.

Tesla stock is still trading $10 off of its all-time high reached in June of $386.99. (NASDAQ:TSLA) traded down 0.12% on Wednesday, hitting $280.65. The company has market cap of $63.02 billion. The firm's 50-day moving average price is $350.77 and its 200-day moving average price is $322.11.

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Patrick was booked on Wednesday morning and is being held in a Blount County (Tenn.) jail, according to the report. He was featured in the second edition of the series, which took place during the 2016 season.

Several equities research analysts have weighed in on the company.

Is Tesla, Inc. (NASDAQ:TSLA) Cheap From Peers? Barclays Capital downgraded the shares of TSLA in report on Friday, October 9 to "Underweight" rating. The firm has "Hold" rating given on Monday, October 3 by Liberum Capital. A 7 analysts rate it as either a buy or a strong buy, while 6 believe that investors should either steer clear of (NASDAQ:TSLA) or, if they already own its stock, sell it. Stifel Nicolaus maintained the shares of TSLA in report on Saturday, August 15 with "Buy" rating. The company now has a consensus rating of "Hold" and a consensus price target of $315.31. $715,712 worth of Tesla Inc (NASDAQ:TSLA) shares were sold by Musk Kimbal. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 23.10% of the company's stock. The disclosure for this sale can be found here. "There is no turning back on the road to a world of electric vehicles and sustainable energy generation and use". Having previously worked at Daimler and served as General Manager of New Product Development at Freightliner Trucks, Guillen will without doubt apply his extensive background in long-haul trucking to the company's newest endeavor.

The Tesla Model S was completely destroyed in a May 2016 crash that killed Joshua Brown.

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