The stock has a consensus rating of "Hold" and a consensus target price of $322.64. Given regulators' reaction to the fatal Uber crash, "we see a large risk" that the self-driving equipment and capabilities Tesla has been touting to customers many not meet the eventual government standards, he wrote.
The investigation is the latest by federal authorities into a crash involving a Tesla vehicle. Regulators are also investigating the fire that happened after the Tesla crash and looking into the steps needed to safely move the vehicle from the scene of the accident.
As electric auto company Tesla Inc.
In its blog, released Tuesday night, Tesla said there's a lot the company doesn't know because of the "extensive damage" caused by the collision, the Model X's computer logs have not been retrieved.
Tesla Inc (NASDAQ: TSLA) has grabbed attention from the analysts when it experienced a change of -8.22% in the last trading session to close at $279.18.
A missing or damaged safety shield on the end of a California freeway barrier worsened the impact of a crash involving a Tesla SUV that killed a man last week, the electric vehicle maker said on its website.
"Unclear if automated control system was active at the time of the crash", the agency said on Twitter. In the company's blog post, Tesla notes Autopilot reduces crash rates by 40 percent, according to an independent review by the US government.
The crash, investigated by US authorities, adds to Chief Executive Officer Musk's challenges including concerns that the electric-car maker won't reach its production targets for the all-important Model 3 sedan.
The company said that the reason the crash was so severe is because the highway safety barrier had been removed or crushed in a prior accident without being replaced.
Tesla Inc. said it doesn't yet know what caused the crash involving its Model X vehicle in California on Friday, an accident that killed the driver and added to the pressures mounting on Elon Musk's company. KeyCorp reiterated a "hold" rating on shares of Tesla in a research report on Tuesday, March 13th. Stock has got OUTPERFORM rating from 3 analyst (s) whereas last month 3 analyst (s) have given outperform rating. "It's going to be harder for them to raise money".Читайте также: OddsShark Computer Predicting An Elite Eight Upset
On Tuesday, credit-rating firm Moody's downgraded Tesla, citing missed production promises for the Model 3 sedan, negative cash flow, and almost $1.2 billion in convertible bonds coming due by March 2019.
Tesla, Inc, formerly Tesla Motors, Inc, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products.
It said Tesla's weekly production target is now 2,500 Model 3 vehicles by the end of March, down sharply from its year-earlier target of 5,000 per week by the end of 2017. Tesla plans to provide an update on Model 3 production next week.
"We have been deeply saddened by this accident, and we have offered our full cooperation to the authorities as we work to establish the facts of the incident, a Tesla spokesperson said in a statement to CNN".
That puts the company in "crunch time" now to improve margins, Cowen & Co. analysts led by Jeffrey Osborne said in a note Tuesday.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2018 Copyright.
Автоматизированное извлечение информации сайта запрещено.
Код для вставки в блог