Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Tesla    TSLA

TESLA (TSLA)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweetsMarketScreener Strategies

Tesla : Today’s Research Reports on Stocks to Watch: Tesla and Twitter

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/13/2018 | 02:13pm CET

NEW YORK, NY / ACCESSWIRE / June 13, 2018 / Tesla shares saw a gain on Tuesday after announcing that there would be job cuts made at the company. Twitter shares rose higher and even hit a three-year high on remarks from a JPMorgan analyst about value for advertisers increasing. The analyst also upped his price target on the stock to $50.

RDI Initiates Coverage on:

Tesla, Inc.
https://rdinvesting.com/news/?ticker=TSLA

Twitter, Inc.
https://rdinvesting.com/news/?ticker=TWTR

Tesla, Inc. shares closed up 3.21% yesterday on trading volume nearly three times higher than usual. The electric vehicle maker announced that it would be cutting approximately 9% of its work force, mostly salaried jobs, in order to save money. CEO Elon Musk sent an email to employees on Tuesday explaining the cuts and wrote, "As part of this effort, and the need to reduce costs and become profitable, we have made the difficult decision to let go of approximately 9 percent of our colleagues across the company." He added, "These cuts were almost entirely made from our salaried population and no production associates were included, so this will not affect our ability to reach Model 3 production targets in the coming months." After the job cuts Tesla will see its workforce go back down to around 37,000 employees. This was about the same number the company saw at the end of 2017. Musk also tweeted about the job cuts and said it was "difficult but necessary."

Access RDI's Tesla, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=TSLA

Twitter, Inc. shares closed with a gain of 5% yesterday and also hit a brand new high of $44.33. The stock traded on significant volume at nearly 52 million shares and hit a three year high after an analyst at JPMorgan raised his price target on the stock. Doug Anmuth of JPMorgan raised his price target from $39 to $50 and reiterated an "overweight" rating on the social media stock. According to the analyst, value for advertisers is increasing and Twitter should see revenue growth of 27% in second quarter and 29% in the third quarter. Anmuth wrote, "Twitter remains one of our top ideas, along with Facebook (FB) and Amazon (AMZN), and is on the JPMorgan Analyst Focus List. And we believe considerable opportunity remains with large marketers." Anmuth says the 2018 FIFA World Cup will have Twitter as a powerful platform to engage in conversations over the matches. Anmuth wrote, "Twitter's partnership with FOX Sports will provide near real-time highlights of every goal scored, and video is a major area of strength for Twitter, already driving more than half of the company's total ad revenue." It was in April that Twitter posted its first quarter earnings report revealing revenue of $665 million, a 21% increase, and adjusted earnings increasing 19%.

Access RDI's Twitter, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=TWTR

Our Actionable Research on Tesla, Inc. (NASDAQ: TSLA) and Twitter, Inc. (NYSE: TWTR) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com


© Accesswire 2018
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TESLA
01:19aSpaceX, Boeing to Face NASA Safety Review -Washington Post
DJ
11/20Markets stumble | Calamatta Cuschieri
AQ
11/20RENAULT : Markets stumble
AQ
11/20FedEx expands fleet to add 1,000 Chanje electric vans
RE
11/19DAIMLER : Musk hints at Tesla interest in Daimler van
RE
11/19ELON MUSK : Musk hints at Tesla interest in Daimler van
RE
11/19TESLA : starts taking Model 3 orders in China
AQ
11/19TESLA : Mexico`s Tequila Regulatory Council Not Sold On Elon Musk`s `Teslaquila`
AQ
11/17TESLA : opens up Model 3 orders in China
AQ
11/16TESLA : VW wants to storm car market with cheaper electric model
AQ
More news
News from SeekingAlpha
11/20ELECTRAMECCANICA : Quarter Review And New Details On Corporate Governance 
11/20THE NEW 39 MPG TOYOTA SUV VS. TESLA : Same Fuel Cost Per Mile 
11/20Tesla Wants To Make Model 3 The Top-Selling Sedan In December 
11/20Tesla Delays Are Piling Up 
11/20The Good Ship Tesla Is Sailing Into The Perfect Storm 
Financials ($)
Sales 2018 21 193 M
EBIT 2018 219 M
Net income 2018 -1 072 M
Debt 2018 7 574 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019 146,46
EV / Sales 2018 3,23x
EV / Sales 2019 2,35x
Capitalization 60 847 M
Chart TESLA
Duration : Period :
Tesla Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TESLA
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 328 $
Spread / Average Target -7,4%
EPS Revisions
Managers
NameTitle
Elon Reeve Musk Chief Executive Officer
Robyn M. Denholm Chairman
Deepak Ahuja Chief Financial Officer
Jeffrey B. Straubel Chief Technology Officer
Gary Clark Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
TESLA11.61%60 847
TOYOTA MOTOR CORP-7.99%190 654
VOLKSWAGEN-11.85%81 696
DAIMLER-28.74%61 676
BAYERISCHE MOTOREN WERKE-14.57%54 841
HONDA MOTOR CO LTD-19.34%51 130