Tesla to recall 53000 cars over parking brake issue

Tesla issues safety update on Model S, X electric parking brakes over potential defect

Tesla to recall 53000 cars over parking brake issue

Shares outstanding are recorded as 162.90 M and total shares floated are 120.42 M. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 1.10. Ltd. raised its stake in Tesla by 5.2% in the third quarter. Susquehanna International Group Llp acquired 2.09 million shares as Tesla Mtrs Inc (Put) (TSLA)'s stock declined 0.00%.

Sveriges Radio P4 Väst in Sweden, meanwhile, learned in February of ongoing attempts by officials in Trollhattan to woo Tesla to take over an old Saab factory in the area. Following the completion of the sale, the director now directly owns 166,846 shares in the company, valued at $35,521,513.40. Hedge funds and other institutional investors own 57.29% of the company's stock.

Tesla shares were up 0.5% to $301.10 in morning trading Thursday.

Tesla Motors, Inc. has a 50 day moving average of 273.29 and a 200 day moving average of 231.98.

"The electric parking brakes installed on Model S and Model X vehicles built between February and October 2016 may contain a small gear that could have been manufactured improperly by our third-party supplier", Tesla said in a statement on its website.

Among 23 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 11 have Buy rating, 4 Sell and 8 Hold. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla Motors, Inc. with MarketBeat.com's FREE daily email newsletter. (TSLA) reported its Actual EPS of $-0.69/share. Tesla had a negative net margin of 14.74% and a negative return on equity of 29.17%. During the same period in the previous year, the firm posted ($0.87) EPS.

Now the shares of Tesla Motors, Inc. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of United States & worldwide trademark & copyright legislation. Sumitomo Life Ins Company has invested 0.09% in Tesla Inc (NASDAQ:TSLA).

TSLA has been the subject of several analyst reports.

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Tesla Motors, Inc. The analysts offering Earnings Estimates for the company were believing that Tesla Motors, Inc. Buy rating has been given by 1 analysts to the company stock whereas 1 analyst given UNDERPERFORM rating to stock and 13 analysts given HOLD rating.

On Tuesday, an analyst with investment firm Piper Jaffray downgraded the outlook for both stocks from "overweight" to "neutral", due to the potential for "disruption", not just from Tesla, of what is expected to be leaner and more efficient technology, sparking instant interest from pundits online and on television. Eight analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company. The stock has an average rating of "Hold" and an average target price of $266.42.

Tesla CEO Elon Musk announced that the company plans to unveil its electric semi truck, called "Tesla Semi", in September, which is sooner than most industry watcher anticipated. The shares were sold at an average price of $190.82, for a total value of $6,379,112.60.

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