Tesla shares climb on Musk's promise of 'amazing' quarter

Tesla shares climb on Musk's promise of 'amazing' quarter”

Bernstein's Toni Sacconaghi, for his part, said that Tesla's below $300 share price was an "attractive near-term entry" point, but the analyst remains neutral on Tesla's longer-term performance until investors see if Tesla can pull off Model 3 quality, quantity, and profit margins.

Musk on Friday sent an email to employees saying that Tesla is about to have an "amazing quarter" in which it will deliver "more than twice as many cars as we did last quarter".

If Tesla plays its cards right, the $35,000 standard trim Model 3 could very well become a fossil-fuel auto killer. Optimism about Tesla's Model 3 progress led analysts at research firm Baird to publish a note on Monday urging investors to "buy even with the drama". "However, if the decision is made to take the company private, an equity buyout (or EBO) may be a potentially viable option", analyst Adam Jonas said in a note to clients Friday.

One day after Tesla CEO and board member, Elon Musk, spoke about digging tunnels under LA and human threatening AI while taking a hit of Marijuana and drinking whiskey during a live interview, the company fell into seemingly deeper turmoil. With this statement in mind, it appears safe to infer that by April or Mar 2019, Tesla would be manufacturing the $35,000 base Model 3.

The only forecast Tesla had given previously for the third quarter was that it would produce 50,000 to 55,000 Model 3s. "Model 3 Dual-Motor All-Wheel Drive is now a US$6,000 option, and beginning September 13th we will be removing two paint options".

Tesla Inc TSLA.O will eliminate some colour options for its electric cars to streamline production, Chief Executive Officer Elon Musk tweeted on Tuesday, as the company intensifies its efforts to ramp up production.

"They can expect, I think, a substantial amount of people pulling their reservations", Acevedo said.

The recent timeline related by Martin Viecha covers and exceeds Q1 2019, considering that his estimated timeframe ends at either April or May next year.

As for the long-term, Bernstein is still questioning Tesla's ability to sustain its level of production for its first mass-market vehicle, the Model 3 sedan.

The Tesla Model 3's base variant has a 220-mile range, a 0-60 miles per hour time of 5.6 seconds, and a top speed of 130 miles per hour.

Like this



14 Сентября 2018
Claude Makelele makes bold Maurizio Sarri prediction
Luiz was frozen under Antonio Conte last season, which cost him a place in Brazil's squad to the World Cup in Russian Federation . In one moment of the season, everybody was saying it was the worst for Chelsea in the last 10 years.

14 Сентября 2018
Jamie Murray says Serena Williams’ sexism claims are ‘far-fetched’
Knight's portrayal of Osaka as blond and light-skinned also drew criticism for being racist. Osaka revealed on Ellen DeGeneres' TV show this week that she doesn't actually own a auto .

14 Сентября 2018
Jose Mourinho once again gets angry with media
The issue, however, with Rashford, is not that he isn't playing at all - he evidently is - but it is his position. Marcus Rashford wants to stay at Manchester United and fight for a first-team spot, according to the Sun .

14 Сентября 2018
Region now under hurricane, storm surge watches
In the mesmerising satellite footage, the storm whips up more power the risky weather system sweeps across the Atlantic. Gentry encouraged residents to be prepared for the storm by Wednesday evening and as it closes in, to stay at home.

14 Сентября 2018
Bieber, Baldwin spark rumour they're married after visiting courthouse
The thing I am most excited for is that my little brother and sister get to see another healthy stable marriage and look for the same!

14 Сентября 2018
Pope accepts resignation of US bishop accused of sexual harassment
An exhaustive, almost 900-page grand jury investigation into sexual abuse by Pennsylvania priests mentions Wuerl over 200 times . He said: "In these times , it seems like the 'Great Accuser " has been unchained and has it in for bishops.

14 Сентября 2018
Apple Watch announcements proved more exciting than new iPhones, again
Prices for Hong Kong have not been announced , but US pricing has the XS starting at US$999, XS Max US$1,099, and XR at US$749. From there, the differences are minor, with one huge exception: The iPhone XS Max will be the company's largest phone ever.

14 Сентября 2018
U.S. Invites China to Trade Talks as Tariffs Loom
About 74.3 percent said they would be affected if Washington's tariff increase on $200 billion of Chinese goods goes ahead. President Donald Trump said on Twitter on Thursday that the United States holds the upper hand in talks.

14 Сентября 2018
Donald Trump's visit to Ireland in November cancelled
Trump had been scheduled to stop in Ireland on his way back from commemorations of Armistice Day in France on November 11. Trump met with Irish Prime Minister Leo Varadkar at the White House in March as part of the Irish leader's annual St.

14 Сентября 2018
The new iPhones are sickeningly expensive in Europe
Others found the company's lack of creativity to be a bigger issue, with many simply calling the new names "dumb" and 'lazy'. Apple revealed its three new iPhones on September in an event at the Steve Jobs Theater in its Apple Park HQ.