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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Tesla, Inc.    TSLA

TESLA, INC.

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Tesla : Musk discusses vaccine project, car plant with German politicians

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09/02/2020 | 02:59pm EDT

BERLIN, Sept 2 (Reuters) - Tesla Inc's CEO Elon Musk met with three German ministers and other senior politicians on Wednesday to discuss the progress of a collaboration between the car maker and a German biotech company and a planned electric vehicle factory.

Ralph Brinkhaus, leader of Chancellor Angela Merkel's CDU/CSU conservative parliamentary bloc, said Musk was satisfied with the progress of Tesla's alliance with vaccine developer CureVac.

On the sidelines of a conference of the parliamentary bloc in Berlin, the Silicon Valley entrepreneur also met economy minister Peter Altmaier, health minister Jens Spahn and research minister Anja Karliczek, but not Merkel.

Tesla is helping to build mobile molecule printers to make the potential COVID-19 vaccine under development by CureVac.

Last November, the U.S. electric carmaker announced plans to build a Gigafactory in Gruenheide in the eastern state of Brandenburg that surrounds Berlin.

Musk checked on the progress of that project, meeting earlier with Brandenburg state premier Dietmar Woidke.

"It was a very pleasant and focused conversation. Elon Musk is familiar with all the details of the Gruenheide Gigafactory," Woidke said in a statement. (Reporting by Andreas Rinke and Christian Krämer; writing by Thomas Seythal and Ludwig Burger; Editing by Elaine Hardcastle)


Stocks mentioned in the article
ChangeLast1st jan.
CUREVAC N.V. 6.07% 49.6 Delayed Quote.0.00%
TESLA, INC. 1.18% 410.83 Delayed Quote.391.04%
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Financials (USD)
Sales 2020 30 724 M - -
Net income 2020 1 241 M - -
Net cash 2020 1 780 M - -
P/E ratio 2020 332x
Yield 2020 -
Capitalization 389 B 389 B -
EV / Sales 2020 12,6x
EV / Sales 2021 8,76x
Nbr of Employees 48 016
Free-Float 79,9%
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Technical analysis trends TESLA, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 38
Average target price 368,84 $
Last Close Price 410,83 $
Spread / Highest target 40,7%
Spread / Average Target -10,2%
Spread / Lowest Target -80,5%
EPS Revisions
Managers
NameTitle
Elon Reeve Musk Chief Executive Officer & Director
Robyn M. Denholm Chairman
Zachary Kirkhorn Chief Financial Officer
Kimbal Musk Director
Ira M. Ehrenpreis Independent Director
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