Many auto dealers are speaking out against the Tesla business model. CNBC's Bertha Coombs reports what Tesla customers are saying after the New Jersey Motor Vehicles Commission's voted to ban the direct sale of automobiles in the state.» Read More
Stocks snapped a three-day losing streak Thursday, with the S&P 500 finishing just below the 1,700 mark, buoyed by stronger-than-expected Chinese trade data and following a favorable jobless claims report.
As the Fed tapers, bond yields will rise and prices will be more volatile. Little money, if any, will be earned from rising bond prices, but Pimco's Bill Gross has a plan.
Shares in electric sports car maker Tesla Motors jumped as much as 18 percent to a record high on Thursday, after delivering surprisingly strong second-quarter results.
The strong showing could leave egg on the faces of skeptical analysts, some of whom had issued sharply negative reports after Tesla's previous report.
Tesla shares are on full speed today after earnings beat expectations. Joe Brown, Wired, and Scott Burgess, Motor Trend, discuss Elon Musk's next move.
Colin Rusch, Northland Capital Markets, discusses Tesla's earnings beat and says the company's real issue is managing the supply chain. They could potentially be acquired, but I don't see it in the cards, he adds.
Paul Ingrassia of Reuters discusses Tesla's earnings, noting that the company exceeded its guidance on deliveries.
U.S. stock index futures held their gains Thursday, after major averages logged a three-day losing streak in the previous session, thanks to stronger-than-expected trade data from China and following the weekly jobless claims report.
Craig Irwin, clean tech analyst, Wedbush Securities, talks about Tesla's "impressive" quarter. Irwin says the stock will likely bounce around a little in the next few months. Tesla is a technology company that makes cars. They don't have the legacy issues of a GM, he adds.
The Squawk crew discusses Tesla's "inexplicable" rise and whether it's a tech or auto company.
David Dietze, President & Chief Investment Strategist at Point View Wealth Management, says that investors should not get into Tesla Motors as the stock is just too expensive.
The investment bank highlights eight industry themes it describes as "creative destruction" - trends that make it necessary for companies to either "adapt or die."
Check out which companies are making headlines after the bell Wednesday:
Tesla posted a surprise profit of 20 cents a share for the second quarter on $405 million in revenue.
Trading the hottest stocks trending on Twitter, with the "Fast Money" traders, and Howard Lindzon, StockTwits co-founder and CEO; and also a check on Tesla's stock post-earnings, with Ben Kallo, RW Baird analyst.
Stocks recovered from their worst levels but still closed in the red for a third session Wednesday, with major averages retreating further from their recent highs, amid renewed concerns about when the Federal Reserve may start to wind down its bond-buying program.
Investors await Tesla's earnings scheduled for after today's closing bell, with CNBC's Josh Lipton; and Jim Hall, 2953 Analytics, used to be one of the biggest skeptics of the stock, but explains why he's changed his mind. "Tesla has an opportunity now to build and help define electric vehicles, but the competition will make it much tougher," he says.
Shares of Tesla could more than double within four years, Dan Galves of Deutsche Bank says.
CNBC's Josh Lipton reports expectation on Wall Street aren't too good for the best performing auto stock this year.
U.S. stock index futures indicated a lower open on Wednesday amid renewed concerns about when the Federal Reserve will begin tapering off its asset purchases.