Your email has been successfully added to our mailing list.

×
-0.000491573033707897 0 -0.00119382022471913 0 0.00110955056179786 0.00408707865168551 0.00306179775280908 -0.00572331460674148
Stock impact report

Tesla likely to extend advantage over OEMS in electric cars during coronavirus-driven recession: Baird [MarketWatch]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: MarketWatch
The recession created by the coronavirus pandemic is likely to help Tesla Inc. extend its advantage in electric vehicles over the major car markers, or original equipment manufacturers (OEMs), which may be forced to delay their own electric initiatives, Baird analyst Ben Kallo said Friday. Kallo reiterated his neutral rating on Tesla stock in a note discussing the timeline for production to restart at Telsa's plant in Fremont, California. "We will look for updated commentary on a timeline for restarting production, but do think the company is positioned to manage ~2 quarters of downtime," said the note. Kallo estimates Tesla's cash burn for the first quarter at about $400 million, after it produced about 14.3K more cars than it delivered; the corresponding inventory build could be an overhang, he wrote. "All else equal, we think the inventory build alone could be a ~$500M headwind (inventory valued at the lower of cost and net realizable value)," he wrote. "That said, the inventory bu Show less Read more
Impact Snapshot
Event Time:
TSLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
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
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
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for TSLA alerts
Opt-in for
TSLA alerts

from News Quantified
Opt-in for
TSLA alerts

from News Quantified