Shares of electric car maker Tesla Motors Inc. (NASDAQ: TSLA) have plunged in trading today after the company’s sales for the third quarter disappointed some analysts. The company’s fourth-quarter profit outlook also disappointed investors. TSLA’s Model S deliveries totaled 5,500 in the third quarter. This was below the estimates of Barclays analyst Brian Johnson and Deutsche Bank analyst Dan Galves. TSLA shares fell to an intra-day low of $146.35 earlier today. At last check, the stock was trading 14.61% lower at $150.97 on above average volume of 23.39 million.
Tag: TSLA
Major Movers on May 28; TIF, EXC, VRX, FE, TRLA, TSLA
Shares of Tiffany & Co. (NYSE: TIF) climbed about 4% by afternoon trade on Tuesday after the luxury jewelry maker reported better-than-expected fiscal first quarter results, led by strong growth in international markets. For the fiscal first quarter ended April 30, the Company reported adjusted earnings of $89 million or 70 cents a share. Sales during the period rose 9.3% to $895.5 million (excluding the impact of foreign exchange fluctuation, sales jumped 13%).
Continue reading Major Movers on May 28; TIF, EXC, VRX, FE, TRLA, TSLA
Major Movers on May 16; CSCO, TSRO, INFI, AMD, TSLA
Shares of Cisco Systems Inc. (NASDAQ: CSCO) rallied about 12 % by afternoon trade after the network equipment maker, late last evening, reported better-than-expected results for the fiscal third quarter while its guidance on the current quarter was also in-line with analysts’ consensus estimate.
Continue reading Major Movers on May 16; CSCO, TSRO, INFI, AMD, TSLA
Major Movers on May 9; GMCR, ATVI, GRPN, RAX, TSLA, RAX, BKS
Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) soared about 25% by afternoon trade after the coffee maker, late last evening, announced that it has extended its partnership with the world’s biggest coffee-store chain, Starbucks Corp (NASDAQ: SBUX). Under the latest agreement, Green Mountain would triple its supplies of KEURIG Brewers line of products to Starbucks.
Continue reading Major Movers on May 9; GMCR, ATVI, GRPN, RAX, TSLA, RAX, BKS
Major Movers on April 1; TSLA, TAP, GME, WLT, AM, BBRY
Shares of Tesla Motors Inc. (NASDAQ: TSLA) rallied on Monday after the electric car maker said that sales of its Model S cars were better-than-expected. The Company has now upwardly revised its outlook on fiscal first quarter both on GAAP and non-GAAP basis.
Continue reading Major Movers on April 1; TSLA, TAP, GME, WLT, AM, BBRY
Major Gainers and Losers on March 14; SAVE, VHC, DYN, TSLA, IBM, WMT, CVX
Shares of Spirit Airlines Incorporated (NASDAQ: SAVE), an airline company that provides services principally throughout the domestic U.S., have edged higher in trading today. At last check, SAVE shares were trading 2.89% higher at $24.79 on above average volume of 1.23 million. The stock hit a 52-week high of $25.64 earlier today. In the last three trading sessions, SAVE shares have gained more than 4%.
Continue reading Major Gainers and Losers on March 14; SAVE, VHC, DYN, TSLA, IBM, WMT, CVX
Tesla’s Losses Widen inQ4; More Cost Cutting in 2013 Says CEO Elon Musk (TSLA)
Shares of Tesla Motor Inc. (NASDAQ: TSLA) slumped 6% in aftermarket trading on Wednesday after the electric car maker said that its fourth-quarter losses widened, citing higher manufacturing and sales expenses; however the Company highlighted that production of its key standard Model S, battery-powered Sedans was running at the rate of 20,000 units annually.
Continue reading Tesla’s Losses Widen inQ4; More Cost Cutting in 2013 Says CEO Elon Musk (TSLA)