Tesla Motors Inc (TSLA)

TSLA (NASDAQ:Automotive) EQUITY
$223.04
neg -2.08
-0.92%
Today's Range: 220.75 - 225.93 | TSLA Avg Daily Volume: 5,405,100
Last Update: 05/27/16 - 3:59 PM EDT
Volume: 3,643,072
YTD Performance: -6.20%
Open: $224.79
Previous Close: $225.12
52 Week Range: $141.05 - $286.65
Oustanding Shares: 133,944,622
Market Cap: 29,411,560,099
6-Month Chart
TheStreet Ratings Grade for TSLA
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 4 4 4 2
Moderate Buy 2 2 2 2
Hold 4 4 4 6
Moderate Sell 2 2 2 2
Strong Sell 3 4 2 2
Mean Rec. 2.87 3.00 2.71 3.00
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: -27.79
Price Earnings Comparisons:
TSLA Sector Avg. S&P 500
-27.79 0.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
18.27% -9.03% 131.89%
GROWTH 12 Mo 3 Yr CAGR
Revenue 26.50 8.80 1.12
Net Income 0.00 1.20 0.00
EPS 0.00 0.90 0.00
Earnings for TSLA:
EBITDA -0.22B
Revenue 4.05B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $-0.87 $0.00 $-1.72 $-1.47
Number of Analysts 2 2 2 2
High Estimate $-0.68 $0.02 $-1.57 $-0.61
Low Estimate $-1.05 $-0.01 $-1.87 $-2.32
Prior Year $-0.82 $-1.01 $-3.84 $-1.72
Growth Rate (Year over Year) -5.49% 100.50% 55.21% 14.83%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

My Takeaways and Observations Real Money Pro($)

The U.S. dollar rallied strongly. And stocks lost their correlation to the currency, rising dramatically. Crude oil advanced by 60 cents to $48.68. But nat gas dropped by six cents. Gold declined by more than $22 an ounce; I cautioned about the precious metal yesterday. Again, participants "off sides" much like equities today.  Agricultural commodities were mixed: wheat +2.75, corn +0.75, soybean -2.25, oats -.50. Lumber rose by $2.50 following the buoyant housing data. Bonds fell. Dennis Gartman had quite negative comments on fixed income in his daily letter today. The yield on the 10-year note rose by one basis point to 1.85% and the long bond was flat at 2.63% despite a successful two-year auction. Municipals were well-bid. Closed-end muni bond funds continued toward their second daily advance. High yield was also stronger. Blackstone/GSO Strategic Credit Fund (BGB) sprinted up nearly 1%. Banks flourished with talk of a June/July rate hike and, perhaps, a few more later in the year. Insurance rallied. I added to long Hartford Financial Services Group (HIG). Brokerages rose but failed to rally as hard as the overall market. Retail was weak, though Home Depot (HD) rose $2. Best Buy (BBY) was a feature to downside after disappointing guidance. Surprisingly, my two shorts -- Foot Locker (FL) and Nordstrom (JWN) -- were marginally lower. Old tech was led by Microsoft (MSFT), which caught an analyst upgrade at Cowen and rose $1.50. IBM (IBM) was up a similar amount. Media was up, but marginally. Disney (DIS) and Comcast (CMCSA) were up 50 cents each. Energy stocks underperformed. My short Exxon Mobil (XOM) was up a quarter and short Schlumberger (SLB) rose 60 cents. Staples were higher. Autos were ahead, but small and non-threatening to the shorts. Ford (F) was up 15 cents and General Motors (GM) up 35 cents. Biotech, my new long target, rallied. iShares Nasdaq Biotechnology ETF (IBB) was up $5. Buys Allergan (AGN) gained $3.60, Celgene (CELG) rose $2.35, Gilead Sciences (GILD) was up $2.70 and Intrexon (XON) was up 70 cents.  Ag equipment was well-bid. Caterpillar (CAT) was up 40 cents and Deere (DE) gained $1.40. (T)FANG was marvelous. Strong gains in Netflix (NFLX), Alphabet (GOOGL), Amazon (AMZN) and Facebook (FB). NOSH was strong as investors/traders gobbled up O'Reilly Automotive (ORLY) and HD. CRABBY's six components were higher. In terms of individual stocks, Apple (AAPL) continued its ascent, rising $1.30. Potash (POT), which I sold yesterday, was conspicuously weaker despite Monsanto's (MON) $3 gain. Twitter (TWTR) hit new lows. Oaktree Capital Group (OAK) rallied; I added at low levels today and over last few days. DuPont (DD) is the "world's fair," hitting another new high and up 85 cents. Here are some value-added columns posted on Real Money Pro today: Jim "El Capitan" Cramer on Catalyst City.  Tim "Not Judy or Phil" Collins on an interesting comparison between U.S. Oil Fund (USO) and Alerian MLP (AMLP).  Bret "Meet George" Jensen says take a chill pill.  Tim Melvin on three interesting small bank ideas. Rev Shark gets Billy Joel on us -- it's all just a matter of trust.

Tesla Reaches Resistance Real Money Pro($)

The indicators show this stock may be headed lower.

Recommended Reading Real Money Pro($)

Bloomberg has a good article today on Goldman Sachs (GS) and Morgan Stanley (MS) raising price targets and/or ratings on Tesla (TSLA) right around the time that the firms got underwriting business from the automaker.
I prefer a bullish synthetic call.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar weakened modestly after two days of strengthening following the Fed's remarks. Crude oil fell by 40 cents to $48. Nat gas was flat. Gold was down $1.60, recovering from the day's lows. Agricultural commodities: wheat -4.75, corn +2.50, soybeans -14.25 and oats flat. Lumber -9.20. Bonds rallied in price. The yield on the 10-year U.S. note down by one basis point to  1.83% and the long bond down two basis points to 2.62%. Municipals were up small but closed-end muni bond funds rallied nicely from the recent carnage. High yield was flat. Banks flat-lined and I remain cautious. Deutsche Bank (DB) is under $17, again. A concern. Insurers were down large fractions. Brokerages were mixed. Retail was up and down, but nothing major. My three shorts are Starbucks (SBUX), up a dime, Nordstrom (JWN), up 20 cents, and Foot Locker (FL), down 55 cents. Old media and old tech did little. Energy was unchanged, though Schlumberger (SLB) caught a recommendation from the Buy Side. SLB was down 20 cents and Exxon Mobil (XOM) was up 20 cents. Autos continue to roll over. Ag equipment was strong, with Deere (DE) up 60 cents and Caterpillar (CAT) up 75 cents. Consumer nondurables were slightly better, despite my protestations! Biotech couldn't hold its morning gains, though iShares Nasdaq Biotechnology ETF (IBB) nonetheless was up $2.60. Allergan (AGN) and Valeant (VRX) -- the object of my recent disaffection -- were lower, off $4.10 and $1.10, respectively. My former speculative biotech package was up marginally.  (T)FANG was mixed, with Tesla (TSLA) down $3, Facebook (FB) down $1.10, Amazon (AMZN) down $3 and Netflix (NFLX) up $1.75. NOSH was weighed down by O'Reilly Automotive (ORLY), down $2. CRABBY was settled, with little price change on the day. In terms of individual stocks, Apple (AAPL) was up $1.60 (continuing its Berkshire-inspired rally from last week -- yawn!), POT was up 60 cents on the Monsanto (MON) takeover news, and Oaktree Capital Group (OAK) was down 50 cents. Here is some good stuff from Real Money Pro today: Jim "El Capitan" Cramer on McDonald's (MCD) and PepsiCo (PEP).  Tim "Not Judy or Phil" Collins chimes in on gold.  Bob Lang on "The Bear Market."  Rev Shark on something strange in the neighborhood (and it isn't ghosts).  Bret Jensen on two promising biopharmas.

My Takeaways and Observations Real Money Pro($)

A lot of intraday volatility for the second day in a row. Newsy and tough to navigate, so reduce VAR (value at risk). I am. The Russell was the worst major index performance-wise. I recently pressed my short in iShares Russell 2000 ETF (IWM). The U.S. dollar strengthened for the second day in a row, bolstered by Fed-speak yesterday. I personally expect no rate hikes this year, as mentioned in my 15 Surprises for 2016. Stay tuned. Crude oil close about flat after being much lower. Nat gas rose by three cents. Gold was down another $18.70 to $1,255. To me, as previously mentioned, $1,300 is big resistance. And long gold is a crowded trade in the hedgehog community. I am staying away. Not sure how precious metals fare if my "stagflation" expectations are realized. Agricultural commodities = schmeissburger! Wheat -12, corn -10.50, soybeans -5.25 and oats -4.50. Lumber has an outsize loss of nearly $10.00. Bonds rallied from Wednesday's shellacking. The 10-year dropped by three basis points to 1.85% and the long bond fell by five basis points to 2.64%. Again I wouldn't chase bank stocks in light of the flat yield curve and low absolute level of rates -- that trade is also getting crowded. Municipals were only slightly lower, but it was "the day the music died" for closed-end municipal bond funds. Some funds dropped by more than 2% today. High yield was sold. Blackstone/GSO Strategic Credit Fund (BGB) got hit, like closed-end muni bond funds. Banks gave up about a third of yesterday's rise, but no real damage. Insurers got hit badly. My shorts Lincoln National (LNC) and MetLife (MET) were down about 70 cents each. I was a large buyer of HIG, which suffered about half the losses of the life companies. Brokerages got schmeissed. Morgan Stanley (MS) was down 60 cents and Goldman Sachs (GS) reversed yesterday's large gain by falling $4.80. Retail followed Walmart (WMT), which was up $6, higher.  My short, Nordstrom (JWN), was up 75 cents, though Target (TGT) continued its fall from Wednesday. Agricultural equipment moved lower on weak CAT data and lower ag commodities prices. Not a peep from the "bottom fishers" on this one. Rug sweepers, I call them. Old tech was weak despite a beaner rise in Cisco (CSCO). IBM (IBM) was off $2.50 and a feature to the downside. Staples were stronger, despite a strong currency. However, my short, Coca-Cola (KO), was lower on the day. Energy stocks continued to climb. My shorts were higher, with Schlumberger (SLB) up 90 cents and Exxon Mobil (XOM) up 60 cents. Media weakened. My principal short, Disney (DIS), continues to show a rollover in price. I know many on this site are keen on the shares; I am not. Biotech suffered. iShares Nasdaq Biotechnology ETF (IBB) was down $4. Valeant (VRX) was down again (Wells lowered numbers) and I would continue to avoid it. My unowned biotech basket was mixed to lower. I continue to view biotech as unattractive despite the magnitude of the drop from the 2015 high. Autos were lower, again; the group is a value trap to me and breaking down technically. Peak Autos. (T) FANG was mixed. The upside was Tesla (TSLA), $4 higher, and the downside was Alphabet (GOOGL), off $6.31. NOSH was higher on the day. Nike (NKE) rose $1 CRABBY was lower, save Alleghany (Y). In individual stocks, fertilizers led the upside today. Others of interest exhibited marginal price movement. Here are some good columns on Real Money Pro today: Jim "El Capitan" Cramer believes WMT has turned.  Tim "Not July or Phil" Collins on how to play Deere (DE).  Gary Morrow is a fan of Salesforce (CRM).  Daniel "Oil Vey" Dicker answers some questions from subscribers on five oil stocks.  Rev Shark on the Fed rate hike and economists' calls. (Rev, I never met a one-handed economist!) 
We're seeing a mix of relief as traders jump into oversold names to catch a multi-day bounce or a recovery.
When they tell you to buy, it is often they who are selling.
Monsanto could have a German buyer. 

Columnist Conversations

Nice finish today for CVX. The stock has been steadily improving after holding key support near the $98.0...
TMO agreed to purchase FEI Company for S4.2 billion dollars this morning. The company ran a call earlier this ...
I noted back at the <a href="https://www.thestreet.com/story/13558749/1/berkshire-hathaway-s-rally-is-showi...
Hewlett-Packard is ramping today following last night's earnings report. The stock has been well bid sinc...

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.