Tesla, Inc. (TSLA) recently announced that it was lowering prices on certain models of its Model 3 and Model Y vehicles as competition intensifies, with other car companies such as Ford Motor Company (F) coming out with all-electric vehicles. KEY TAKEWAYS Tesla is lowering prices on certain models ahead of additional competition. This could compress… Continue reading Tesla (TSLA) Lowers Prices
Electric vehicle maker Tesla Inc. (NASDAQ: TSLA) on Thursday filed a preliminary Form 424(b)5 with the U.S. Securities and Exchange Commission proposing a secondary offering of 2.65 million shares of company stock. At Tuesday’s closing price of $767.29 per share, the offering is valued at $2.03 billion. In the filing, Tesla noted that CEO Elon… Continue reading Will Tesla’s Stock Offering Need to Discount Shares to Attract Investors?
When Tesla Inc. (NASDAQ: TSLA) started selling its first vehicle, the Model S sedan, Consumer Reports magazine put the car through its paces and breathlessly awarded the Model S a score of 103 out of a possible 100. Jump ahead two and a half years to 2018 when the Model 3 sedan became widely available… Continue reading Consumer Reports Deems Tesla a Reliable Brand–Again