Tesla’s ‘Low-Controversy Execution’ Earns Praise From Analyst
Tesla Inc.’s recent progress in a few key initiatives while showing increased efficiency in fulfilling its global order book — all in a relatively quiet manner — is music to the ears of one analyst.
Tesla Analysts Warn on Demand, Profits as Quarter Nears End
The concerns around the demand for Tesla Inc.’s cars are resurfacing as the second quarter nears a close, with Goldman Sachs analyst David Tamberrino saying volume estimates for the second half of the year and beyond appear to be high, considering there are now fewer “levers to pull to stoke demand going forward.”
FedEx May See Lackluster Results Lingering Into Next Year
FedEx Corp.’s pains are far from over. Expectations from its upcoming fiscal fourth-quarter results already have hit rock bottom, and now analysts say its entanglement in the prolonged U.S.-China trade war may dampen the outlook for the next year as well.
Stamps.com Craters Without Postal Service Partnership
Stamps.com plunged 48% in pre-market trading May 9, poised to drop to a five-year low, after the company slashed its profit outlook for the full year, fueling investor concerns about its ability to protect margins in the absence of a key partnership with the U.S. Postal Service.
Tesla Loses Another Bull as Analyst Dubs Period ‘Top Debacle’
Tesla Inc.’s latest first quarter was “one of top debacles” ever seen in 20 years of covering tech stocks on the Street, Wedbush analyst Daniel Ives said April 25.
Soft Demand Expected for Tesla Model 3 Until Price Drops
Demand for Tesla Inc.’s Model 3 sedan is expected to remain soft in the United States until the release of the lower-priced $35,000 model next quarter, Cowen analyst Jeffrey Osborne said.
Spotlight Shines on Pickup Trucks as Electric Vehicle Race Expands
Plug-in pickup trucks look to be the next frontier in the budding electric vehicle industry as startup Rivian Automotive is said to be in talks with General Motors Co. and Amazon.com.
Tesla Loses Most Valuable Carmaker Crown as GM Catches Up
If the outlooks from the two auto companies are anything to go by, GM looks set to be winning the race for the year.
Tesla CEO Elon Musk Is Getting Last Laugh on Wall Street
It was only a few months ago that Wall Street was bashing Elon Musk’s Tesla Inc. Times have changed for the automaker and its mercurial CEO.
U.S. Xpress Bids to Recruit Millennials With Scholorship Program
The deepening crisis of a truck-driver shortage that already is leading to higher prices for agricultural produce and threatening to stoke inflation is forcing trucking companies to find creative solutions.