Tesla (TSLA) Lowers Prices

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

Will Tesla’s Stock Offering Need to Discount Shares to Attract Investors?

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?

Consumer Reports Deems Tesla a Reliable Brand–Again

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