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Stockreport

The coronavirus is putting a dent in Tesla deliveries [Los Angeles Times (CA)]

Tesla, Inc. (TSLA)  More Company Research Source: Los Angeles Times
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla fell victim to the coronavirus-affected economy in the first quarter, delivering 88,400 cars worldwide. In the previous quarter, Tesla had delivered 112,000 vehicles . Analysts warn that worse is coming. The commercial effects of the virus pandemic didn’t begin to affect the United States until March, so second-quarter sales are expected to be hit much harder, with second-half 2020 results nearly impossible to predict. Chief Executive Elon Musk’s target of 500,000 deliveries this year will now be “virtually impossible,” said Dan Ives, who follows the company for Wedbush Securities. Ives has lowered his year-end forecast to 400,000 to 425,000 vehicles, while the ever-bullish Joseph Osha of JMP Securities pegs his forecast at 523,000. But under stay-at-home restrictions of extended duration and worldwide economic uncertainty, those numbers amount to best guesses. “It’s like a game of blindfolded darts,” Ives said. Tesla’s 2020 first quarter did top the 63,000 vehicles delivered in [Read more]
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Stockreport

The coronavirus is putting a dent in Tesla deliveries [Los Angeles Times (CA)]

Tesla, Inc.  (TSLA) 
More Company Research Source: Los Angeles Times
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla fell victim to the coronavirus-affected economy in the first quarter, delivering 88,400 cars worldwide. In the previous quarter, Tesla had delivered 112,000 vehicles . Analysts warn that worse is coming. The commercial effects of the virus pandemic didn’t begin to affect the United States until March, so second-quarter sales are expected to be hit much harder, with second-half 2020 results nearly impossible to predict. Chief Executive Elon Musk’s target of 500,000 deliveries this year will now be “virtually impossible,” said Dan Ives, who follows the company for Wedbush Securities. Ives has lowered his year-end forecast to 400,000 to 425,000 vehicles, while the ever-bullish Joseph Osha of JMP Securities pegs his forecast at 523,000. But under stay-at-home restrictions of extended duration and worldwide economic uncertainty, those numbers amount to best guesses. “It’s like a game of blindfolded darts,” Ives said. Tesla’s 2020 first quarter did top the 63,000 vehicles delivered in [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS