2019-07-25 — TSLA close: 15.254667282104492
Trader Idea Feed: 'Tesla needs to generate at least $1.4B in automotive gross margin to break even on a GAAP basis. They generated $1.0B on 95,200 deliveries. Do the math. It is a structurally bankrupt company that will shrink in Q3...' -Tweet. Trader Idea Feed: 'Tesla numbers are ok. The margin issue is clearly from the sale of old model S that they discounted as its old technology. They got them off the books. Best cash position in Tesla's history...' @GerberKawasaki Via Twitter. 50 Stocks Moving In Thursday's Mid-Day Session. UPDATE: CFRA's Nelson Tells Benzinga Tesla Earnings Release 'Raises Larger Questions Regarding Their Path To Profitability'. CFRA Research Analyst Garrett Nelson Tells Benzinga 'Exodus Of [Tesla] Senior Mgmt. Continues, Which We View As A Red Flag, As The Talent Departures Could Challenge The Co.'s Ability To Meet Its Operational Goals'. CFRA Research Earlier Downgraded Tesla From Sell To Strong Sell, Cut Price Target From $150 To $135. 'Concerning Trend': Wall Street Weighs In On Tesla's Q2 Earnings. ECB Chimes In: Hints Of Rate Cut Could Support Ahead Of Amazon, Alphabet. Tesla Co-Founder JB Straubel Is The Latest Executive To Depart. Baird On Tesla Also Notes 'JB Straubel's announced transition to a senior advisor role may be an area of focus; we view the succession plan favorably, though Mr. Straubel's contribution will be missed'. Baird Reiterates Outperform On Tesla As Firm Notes 'Headline cash balance ($5B) and cash generation ($614M) numbers were extremely favorable, in our view, and should support future growth investments'. Benzinga Pro's Top 10 Most-Searched Tickers For Morning of Thursday., July 25, 2019. Tesla Option Alert: Jan, 2021 $690 Calls Sweep (3) near the Ask: 880 @ $0.85 vs 7944 OI; Ref=$229.88. Needham Maintains Underperform On Tesla As Firm Is Cautious On Co's Ability To Fulfill '360-400k FY19 delivery target', 'Q/Q delivery growth in 3Q & 4Q', 'break even in Q3 and turn a profit in Q4' As 'the ramp requires a significant snapback in 2H19'. Tesla Stock Drops On Q2 Losses. UPDATE: Nomura Maintains Neutral On Tesla, Lowers Target To $270 As Firm Notes 'Overall, we doubt this quarter will inspire enough confidence to get the stock working'. Morgan Stanley Maintains Equal-Weight On Tesla, Maintains $230 Target; Notes 5 Key Thoughts Following Earnings Call, Including Firm's Belief That JB Straubel Giving Up CTO Role 'may be the biggest news of the quarter'. 'Tesla co-founder and CTO JB Straubel stepping down' -TechCrunch Article From Late Wed.. 10 Biggest Price Target Changes For Thursday. Tesla Inc shares are trading lower after the company reported worse-than-expected Q2 EPS and sales results.. How This Investor Passed On 100,000% Returns. Barclays Reiterates Underweight on Tesla, Maintains $150 Price Target. Canaccord Genuity Maintains Buy on Tesla, Lowers Price Target to $350. 25 Stocks Moving In Thursday's Pre-Market Session. Nomura Maintains Neutral on Tesla, Lowers Price Target to $270. A Peek Into The Markets: US Stock Futures Mixed Ahead Of Earnings. 12 Stocks To Watch For July 25, 2019