Friday, March 25, 2016

On March 23rd, the analysts from S&P Global Market Intelligence took their recommendation on the stock down to a "sell" rating, which consequently caused a roughly 11% drop in the share price. Tesla’s sales and earnings are expected to “surge” this year, but “we see significant execution and valuation risk in the premium-priced stock,” S&P analyst Efraim Levy said in one-paragraph note to clients. Tumbling down to from $238 to $215, the stock has rebounded well since then, up to a high of 228.89 for today, March 25th.

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Thursday, February 4, 2016

The reason for this week's significant stumble appears to be most strongly linked to a note from Morgan Stanley's Jonas Adams on Monday. The analyst, who's usually quite bullish on TSLA, lowered his future outlook by $117 – from $450 to $333. According to The Motley Fool, the missive read, in part "We are lowering our price target by 26% to reflect our lowered volume expectations for Model X and Model 3, a lower valuation for Tesla Energy, and accelerating competition in the mobility business." The revised estimate, of course, still places the price a decent amount above where it stands today.

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Friday, January 10, 2014

TSLA is down today because of a garage-fire. Nobody was hurt and investigators have concluded that it had nothing to do with the car. Customers will be provided with a new charger adapter at no cost. The new charger will feature an automatic shut-off in the event of overheating.