Tesla Motors Inc (TSLA)

TSLA (NASDAQ:Automotive) EQUITY
$151.04
pos +0.00
+0.00%
Today's Range: 143.70 - 157.01 | TSLA Avg Daily Volume: 4,048,700
Last Update: 02/12/16 - 4:00 PM EST
Volume: 0
YTD Performance: -37.09%
Open: $0.00
Previous Close: $150.47
52 Week Range: $141.05 - $286.65
Oustanding Shares: 130,951,319
Market Cap: 19,704,244,970
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 3 3 3 3
Moderate Buy 2 2 2 2
Hold 6 6 5 5
Moderate Sell 2 2 2 2
Strong Sell 3 3 3 3
Mean Rec. 3.00 3.00 3.00 3.00
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: -28.23
Price Earnings Comparisons:
TSLA Sector Avg. S&P 500
-28.23 0.00 26.86
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-29.09% -25.55% 298.52%
GROWTH 12 Mo 3 Yr CAGR
Revenue 58.80 8.79 1.12
Net Income 0.00 1.24 0.00
EPS 0.00 0.88 0.00
Earnings for TSLA:
EBITDA -0.29B
Revenue 4.05B
Average Earnings Estimates
Qtr (03/16) Qtr (06/16) FY (12/16) FY (12/17)
Average Estimate $-0.80 $-0.09 $-0.87 $0.12
Number of Analysts 1 1 2 2
High Estimate $-0.80 $-0.09 $-0.14 $1.75
Low Estimate $-0.80 $-0.09 $-1.59 $-1.52
Prior Year $-0.70 $-0.82 $-3.84 $-0.87
Growth Rate (Year over Year) -14.29% 89.02% 77.47% 113.29%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
As I wrote in my opener, "At a Good Turn, You Will Not Want to Buy," I chronicled gems from legendary technical analyst Wally Deemer and expressed the view that bottoms are rarely accompanied by optimism and buying -- though I am sure the storytellers in the business media likely already will have forgotten their Cassandra-like warnings of yesterday. We closed right on my Fair Market Value calculation of 1864! We closed nearly 60 handles from yesterday's lows/test. I consider today a successful test of the 1812 capitulation low of yesterday and 3 ½ weeks ago. Today's bounce showed how many were offsides and essentially immobilized by the recent declines. Many were clearly short equities and/or crude, and today's up move demonstrated how conservatively positioned the longs are. The contrary worked this week. Does that mean we go straight up?  Obviously not. As I posted, I thought it prudent to scale back my large long exposure to between small and medium in size in front of the weekend. Frankly, I want to enjoy myself and not worry about large positions. My long "Trade of the Week," Citigroup (C), at $37.70 provided no profits but it could have been worse; it closed the week down 15 cents after some drama!  My short "Trade of the Week," iShares 20+ Year Treasury Bond ETF (TLT), was a big win of $4 in about 24 hours. I closed it and my long ProShares UltraShort 20+ Year Treasury (TBT) out.  The U.S. dollar strengthened. Crude was the standout asset class, up by $2.94 to $29.15. Gold gave back $8.60 Agricultural commodities flatlined, with wheat, corn, sugar, soybeans and oats unchanged. Lumber was up $2.10. Treasuries were nine to 10 basis points higher at the longer end  and the yield curve began to steepen from its flatness. Municipals got hit and so did closedend municipal bond funds. High yield was quite strong, maybe the largest gains in weeks. iShares iBoxx $ High Yield Corporate Bond ETF (HYG) was up $1.17 and SPDR Barclays High Yield Bond ETF (JNK) was up 47 cents. Blackstone/GSO Strategic Credit Fund (BGB) disappointed and was flat; I added to an already large holding. Jamie Dimon set the positive tone for banks this morning and so did the Deutsche Bank (DB) bond tender as well as the improvement in crude oil, and boy did the sector respond, with gains of 6% to 8%, albeit from depressed levels. Citigroup rose $2.50, JPMorgan Chase (JPM) was up $4.40 for its best day in five years, and Wells Fargo (WFC) and Comerica (CMA) also rose. I purchased depressed and controversial DB to add to my long list of bank longs. Brokerages shined, with 3% to 5% gains; see Dan Loeb on Morgan Stanley (MS) below. Life insurance stocks reversed yesterday's losses. I covered long-time life insurance shorts and purchased calls after 40% gains in only a few months. Lincoln National (LNC) and MetLife (MET) remain on my Best Ideas List because I plan to short strength. They're oversold for now, as was the market. I added to Hartford Financial Services Group (HIG) and Allstate (ALL) longs.  Retail was stronger despite some downgrades for Best Buy (BBY) and Bed, Bath and Beyond (BBBY). The stocks are dirt cheap. I continue to hold Macy's (M) -- my favorite -- BBY and BBBY. Remodelers Home Depot (HD) and Lowe's (LOW) had dead-cat bounces. Media, though higher, disappointed in its bounce-back. I remain short with small positions in Comcast (CMCSA) and Disney (DIS). Autos were higher. I covered General Motors (GM) today, but it is still on my Best Ideas List as I am a short-seller on 10% strength. Biotech was up 3%, with Valeant Pharmaceuticals (VRX) and Allergan (AGN) performing better.  My 12-stock biotech basket did well. Large caps Celgene (CELG) and Gilead Sciences (GILD) were $2 to $3 higher. Speculative Acadia Pharmaceuticals (ACAD), Portola Pharmaceuticals (PTLA) and Sage Therapeutics (SAGE) -- now up 10% from yesterday -- were stronger. (T)FANG was conspicuously weak, with negligible gains. Tesla (TSLA) was down on the day. The words in my opener rang true: "The market's former leaders (biotech, Internet, health care and consumer discretionary stocks) all seem to be in an initial leg down, but look like they're oversold and could have a weak bounce, with a test to come later. That could represent an important intermediate-term leadership change." Remember, leadership changes are typically not market-friendly.  Let's watch (T)FANG closely in the days ahead. NOSH members were all higher, but not materially so. CRABBY was happy with C, Radian Group (RDN), ALL and Alleghany (Y) faring well. Dan Loeb's Third Point just filed with 3 million shares of MS. He also increased his position in Dow Chemical (DOW). I sold two-thirds of my SPDR S&P 500 ETF (SPY) long rental and half of my iShares Russell 2000 (IWM) at good prices and for profits. This, coupled with some short covers and additional buys (including ALL, BGB and HIG), moved me from a large to between small and medium in
Cisco (CSCO), +9.73% Tesla Motors (TSLA), +7.02% O'Reilly Automotive (ORLY), +4.79% Potash Corp. (POT), +1.77% Walt Disney Co. (DIS), +0.75% And in my
Let's look at the sales projections first.
Global markets are leading U.S. futures down in premarket trading.
Bearish
Feb 11, 2016 | 7:41 AM EST
Shares of TSLA now seen reaching $240, according to Credit Suisse. Estimates also cut, given lower production and higher costs. Outperf...
It's a bad day to be a company of the future.
The U.S. dollar reversed the recent trend and increased in value relative to the euro today. There were three dips today, and all of them held as the market bent a bit but didn't break. However, as of 3:15 p.m. ET, SPDR S&P 500 ETF (SPY) was at the low of the day. The Russell's $95 support held from yesterday. Qs (Nasdaq) over Ss (S&P)and Rs (Russell) today.  Bonds didn't cooperate and moved higher in price and lower in yield. As The Lindsey Group's Peter Boockvar mentioned, the yield curve flattened. The 10- and 30-year yields dropped another two to three basis points. Municipals, however, had a bid to them and the closed-end municipal bond funds continued on their spree. High yield was flat as a pancake and so was Blackstone/GSO Strategic Credit Fund (BGB). iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and SPDR Barclays High Yield Bond ETF (JNK) were marginally higher. Gold was down for the second day in a row, off $6.20). Boca Biff is squawking! Crude oil dropped by 30 cents, closing at $27.64, and natural gas was down a nickel. In the agricultural commodities, wheat was three pennies higher, corn and soybeans are flat. Lumber was down by $3.30. Bank stocks couldn't hold the early gains and are flat on the day as the flattening yield curve weighs on the sector. Brokerages were slight up on the day; Goldman Sachs (GS) was up $1.60). Private equity did well after a Carlyle repurchase announcement. Blackstone Group (BX) was up 2%. Alternative asset manager Oaktree Capital Group (OAK) was up by nearly $2. Energy stocks showed small losses. Retail was fractionally better after a few days of schmeissing. Old tech was mixed -- IBM (IBM) was down $3 and was a low light. Media was weighed down again by Disney (DIS) -- here is my write-up on the company -- and some old-media stocks. Twenty-First Century Fox (FOX) and CBS (CBS) shares prospered. Biotech was strong -- up 2.5%. Allergan (AGN) was the standout, up $7). My spec, Intrexon (XON), faltered after a "yuge" run.  (T)FANG was higher, led by Netflix (NFLX), but Tesla (TSLA) continues its death spiral. I remain short both. NOSH was tasty, with broad gains in Nike (NKE), O'Reilly Automotive (ORLY), Starbucks (SBUX) and Home Depot (HD). CRABBY was stronger. I bought SPY and iShares Russell 2000 (IWM) on the dips today. My "Trade of the Week" is Citigroup (C), but we need some help on the interest rate front for this to work over the near term. Stil
As days go these days, stocks were on the quiet side. Up down up down up, thus far. The U.S. dollar's weakness has accelerated. Oil vey, more crude weakness -- dropping by $1.46 to $28.23. Gold fell $3.70 for a change, but the strong uptrend remains intact. As I mentioned yesterday, I had reams of analysis but I just couldn't process it in time for the ramp, which is disappointing as I was leaning to go long. In agricultural commodities, wheat, corn and soybeans were flattish. Lumber fell by 0.5%. Government bonds show limited movement, with yields down one or two basis points. Municipal bond prices and yields showed little change, though closed-end municipal bond funds showed some life, with several rising by almost 1%!. High yield was junky, with iShares iBoxx $ High Yield Corporate Bond ETF (HYG) down 45 cents and SPDR Barclays High Yield Bond ETF (JNK) down 21 cents. Blackstone/GSO Strategic Credit Fund (BGB) continued to get hit mildly. Banks exhibited little movement. I added to Citigroup (C), Morgan Stanley (MS) and Bank of America (BAC) today. New Best Ideas List entrants, banks BB&T (BBT) and Regions Financial (RF), traded in the green.  Life insurance stocks were flat; Berkshire Hathaway (BRK.B) was up a beaner. Retail was mixed. Home Depot (HD) and Lowe's (LOW) bounced back after several days of  schmeissing. Wal-Mart (WMT) saw some profit taking and apparel still is weak. Macy's (M) and Bed, Bath and Beyond (BBBY) were slightly higher, but Best Buy (BBY) was a bit lower. The continued fall from grace of Sears Holdings (SHLD) on disappointing results -- it's down around 7% today -- should be a concern to real estate and mall owners. Biotech was uninspiring after recent declines. Valeant Pharmaceuticals (VRX) continues under distribution. Speculative Intrexon (XON) got hit. Allergan (AGN) rallied after yesterday's fall. Regarding autos: I covered my Ford (F) short, but still am short General Motors (GM), which is on my Best Ideas List as a short. Old tech was mixed, with IBM (IBM) a standout loser, down more than $2. Microsoft (MSFT) and Intel (INTC) managed small gains. Media was awful, with Comcast (CMCSA) and Disney (DIS) lower; the latter's earnings are today. Energy stocks got hit with the commodity. Though I covered Schlumberger (SLB) and Exxon Mobil (XOM) shorts for great gains, I should have held those shorts. But who knew $28 oil? Brokerages reversed after being much lower. They're now up on the day. In  "A Few of My Favorite Things," I again highlighted DuPont (DD), which is up another $1, and Procter & Gamble (PG), which is flat. (T)FANG, the object of my scorn in yesterday's opener, had a dead-cat bounce that was unimpressive by any standard. Amazon (AMZN) is still down on the day, and Tesla (TSLA) is barely higher. Alphabet (GOOGL) is unchanged.  NOSH had all four components higher, led by HD (mentioned previously). CRABBY was as flat as the desert. Radian Group (RDN) traded a tad higher, and other stocks made modest moves. Twitter (TWTR) moved ever lower, and the masochist in me purchased it in my pension plan, as I did C, BAC and MS at reasonably good prices. As mentioned, I added to a number of existing longs and re-established a SPY long rental and added a new iShares Russell 2000 (IWM) long. I likely will end the day between small and medium net long. It's lonely being long -- hopefully, my buys become green.
Again, I am endeavoring to be opportunistic (trading) in a market that is fragile,  too volatile and unpredictable to be comfortable with an abundance of many longer-term investments. At the bottom this afternoon, things looked dreadful. It was not easy to make a long trading rental and add to existing shorts. The S&P 500 ended at 1853, very close to my fair market value of 1860. The U.S. dollar weakened a bit after a five day period of consolidating against the euro. Bonds dropped by nearly 10 basis points in yield at the intermediate- and longer-term maturities. Non taxables were well-bid and closed-end municipal bond funds were slightly higher on the day. High yield was junky, reflecting systemic concerns in the European Union and China (large reserve pull down). iShares iBoxx $ High Yield  Corporate Bond Fund (HYG) was down 91 cents and SPDR Barclays High Yield Bond ETF (JNK) was down 40 cents. Blackstone/GSO Strategic Credit Fund (BGB) got pulled down and traded poorly. Gold fell from its highs but still closed $32.70 to the good. Silver was up 55 cents. I had been working on a positive thesis on gold but other projects got in the way, and I blew the opportunity as the price has risen on eight out of the 10 last trading days.   In agricultural commodities, wheat got schmeissed (down eight cents) and corn was down three cents. Lumber was flat. Crude closed down 84 cents, at $30.25, but natural gas was up six cents. Energy stocks, including Exxon Mobil (XOM) and Schlumberger (SLB), prospered today, despite a depressed commodity price. It might be foreshadowing better oil prices; we will see. Banks again were weaker as European institutions took a nosedive. I added to my large position. But life insurance wasn't any better, falling from the pressure of lower yields. I covered some MetLife (MET) and Lincoln National (LNC) shorts. Brokerages got caught in the systemic rumors and concerns and were lower on the day; I added to Morgan Stanley (MS) and Goldman Sachs (GS). Oaktree Capital Group (OAK) ended the day fractionally higher. Retail that I owned wasn't half bad; Best Buy (BBY) and Bed, Bath and Beyond (BBBY) closed higher, but Macy's (M) retreated by 60 cents. That said, remodeling favs Home Depot (HD) and Lowe's (LOW) continued the thrashing that accelerated on Friday. After the close, The Gap (GPS) reported that same-store sales were down 8%. However, its guidance was better than expected and the stock is rallying a small fraction after hours. Lululemon (LULU), Coach (COH) and Under Armour (UA) were all much weaker in a poor apparel space. Autos were mixed; Ford (F) was higher and General Motors (GM) lower. I wonder, after great gains on the short side, whether I am outstaying my welcome. But, I have taken down these shorts to small. Media was awful -- even good performer Comcast (CMCSA) faltered. New lows for Disney (DIS). Old tech was weak, led by Microsoft (MSFT) and Intel (INTC), but bounced off their lows along with the rest of the market. Staples were broadly higher, led by PG, which embodies the flight to safety.  Biotech was decimated. Valeant Pharmaceuticals (VRX) was down by another $6.50 and my spec fav Intrexon (XON) was down by a beaner. Allergan (AGN) hit a new recent low at $266. (T)FANG weakness and future were chronicled in my opening missive today. The acronym was lower, but Alphabet (GOOGL) and Netflix (NFLX) managed to rise modestly. Tesla (TSLA) got hit badly (down $14), as did Facebook (FB) and, to a lesser degree, Amazon (AMZN). NOSH was starving; Nike (NKE), O'Reilly Automotive (ORLY) and Home Depot (HD) were down bigtime. Starbucks (SBUX) rallied off the lows to end the day flat. CRABBY was mixed, led to the downside by Citigroup (C); I added it. Disease-like laggards Potash (POT) and Twitter (TWTR), which reports Wednesday, continued to lag.  iShares China Large-Cap (FXI) -- a Best Ideas List participant as a short -- doesn't have an uptick in it.  Apple's (AAPL) strength was conspicuous , up $1.20. During the day I added to many of my existing longs and added to new banks Regions Financial (RF) and BB&T (BBT); I put them on the Best Ideas List. Again, i see banks as multiyear plays and not as short-term trades. I also covered small positions in a broad list of my core shorts, including DIS, MET and LNC. As mentioned, I day traded an aggressive position in SPY for a profit. I will continue to try to accomplish that feat. I ended the day at market neutral. For the time being and assuming no change in fundamentals, I remain a SPY buyer between the capitulation low (two Wednesdays ago at $181.25 and about $183.50) and I remain a seller on strength above $185. I know that's a pretty tight range, which likely will be resolved s
TSLA did not hold around $120 for long, so this level is not expected to be a key area. 

Columnist Conversations

Judge Smails embarrassed me into writing it!
Some pretty obvious selling in the FATMAN names vs the Nasdaq futures post regular session open. FATM...
You can see the time/price support on the daily chart of SPX below. It also shows you the next major decision ...
$185.80 Exhausted and a long weekend. Column up shortly Sold some IWM as well.

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.