Tesla struggled out of the gate this morning, but turned it around after reporting a nearly 50 percent increase in deliveries, year over year, in the third quarter.» Read More
Matthew Argersinger, senior analyst with The Motley Fool, says production issues may prevent Tesla from meeting its full-year delivery guidance of "between 50,000 and 55,000."
Tesla lowered its guidance for full-year deliveries, but said the Model X is on track.
DETROIT, Aug 5- Tesla Motors Inc's new storage battery business could generate "a few billion dollars" in revenue in 2017, Chief Executive Elon Musk told analysts on Wednesday. The company's new Nevada battery plant is "on track" to begin production in early 2016, Chief Technical Officer J.B. Straubel said. Chief Financial Officer Deepak Ahuja said the company may...
Check out the companies making headlines after the bell Wednesday: Fitbit, Zulily, Herbalife & more.
TESLA MOTORS CEO SAYS STORAGE BATTERY BUSINESS COULD GENERATE "A FEW BILLION DOLLARS" IN 2017.
DETROIT, Aug 5- Tesla Motors Inc's quarterly net loss widened, and the electric car maker cut its sales forecast for the second time in a year, while spending heavily ahead of the launch of its crossover Model X and the opening of its Nevada battery factory. The company said it lost $184.2 million in the second quarter, compared with a loss of $61.9 million in the...
DETROIT, Aug 5- Electric car maker Tesla Motors Inc's net loss widened in the second quarter, and it continued to burn through cash ahead of the launch of its Model X crossover car and the opening of its Nevada battery factory, the company said Wednesday. Tesla lost $184.2 million, compared with a loss of $61.9 million in the 2014 second quarter.
*Walt Disney falls after cutting cable unit profit forecast. Aug 5- The S&P 500 and the Nasdaq composite were higher on Wednesday as weak private sector hiring tempered expectations of a September interest rate hike, while the Dow Jones industrial average was weighed down by Walt Disney. Walt Disney's shares fell as much as 10 percent to $109.50, after the company...
Auto analyst Colin Langan of UBS says Tesla's quarter could disappoint investors.
*Walt Disney falls after cutting cable unit profit forecast. Aug 5- Wall Street was sharply higher on Wednesday, after three straight days of declines, as weak private sector hiring tempered expectations of a September interest rate hike. "I don't think the Fed is ready to raise rates and is looking for reasons to not raise," Stansberry trading analyst Jeff Clark...
The electric car company is set to announce results, and some options traders are getting nervous.
*Walt Disney falls after cutting cable unit profit forecast. Aug 5- Wall Street opened higher on Wednesday after data showed private sector hiring slowed sharply in July, indicating a loss of momentum in the economy at the start of the third quarter and tempering expectations of a September interest rate hike. "It suggests that September is not yet a done deal as...
*July ADP numbers smallest increase since April. *Walt Disney falls after cutting cable unit profit forecast. Aug 5- Wall Street was set to open higher on Wednesday after data showed private sector hiring in July rose the least since April, reducing expectations of a strong reading in the government's payrolls report due Friday.
CNBC's Phil LeBeau provides a preview of Fiat Chrysler's conference call and Tesla's earnings.
Aug 5- U.S. stock index futures were higher on Wednesday as investors awaited private employment data for July, which will provide a snapshot of the labor market ahead of the critical non-farm payrolls data on Friday. The data is expected at 8:15 a.m. ET. *Atlanta Federal Reserve President Dennis Lockhart told the Wall Street Journal that September may be the...
The heads of two major lobby groups told hundreds of attendees at an industry conference in Traverse City, Michigan, that automakers are struggling to meet a California mandate to boost demand for electric cars to 15 percent of sales by 2025.. "I am a big believer in the idea of California as an incubator for technology," said Christopher Grundler of the EPA.
After Disney plummeted on earnings and ahead of results from Tesla, "Fast Money" traders looked at how to play the stocks.
The ADP report is not seen as an exact preview for the jobs report but it can give directional hints, and the market watches it for any big surprises.
Jim Cramer saw that investors could not hide from big bad China on Tuesday, including Apple.
The most important things you need to know to gain your earnings edge on Tesla, with Colin Langan, UBS auto analyst.