An analyst at the investment bank dropped the company from neutral to sell, based on uncertainties about Model 3 production, SolarCity’s performance after its acquisition and the company’s likely need to raise more cash. Tesla set vehicle production records last year, but again struggled to post a full-year profit.
Category: SolarCity
Tesla Motoring Towards All-Time Intraday High Pre-Earnings
Tesla is a speculative stock with both bull and bear market trends over the past five years that’s currently on a strong post-election bull market run-up. Shares of Tesla are in bull market territory, up 55.7% since their post-election day low of $178.19 set on Nov. 14. The most important reason to like the stock is the creative entrepreneurial spirit of its CEO Elon Musk.
This Week in Solar
We’re still a few weeks away from investors getting a peek into fourth-quarter earnings in the solar industry and what management has to say about 2017. In the meantime, we’re seeing interesting trends in some of the industry’s most important markets and from its most visible companies.
Here’s why Elon Musk is changing his tune on Trump
During the 2016 presidential election, Elon Musk was no fan of Donald Trump – the Tesla and SpaceX CEO didn’t think the celebrity businessman was the right guy for the job. But now that President Trump has the job, Musk has shifted his views.
The Simple Reason I Won’t Buy Tesla Motors Stock
Tesla CEO Elon Musk. Image source: OnInnovation via Flickr. Copyright 2010 The Henry Ford.