Tesla says exploring China car plant with Shanghai government

Reuters

Reuters

The Copeland Capital Management Llc holds 152,950 shares with $11.96M value, up from 63,634 last quarter. Shares for $33.58M were sold by Straubel Jeffrey B on Monday, May 8.

WARNING: "Twin Tree Management LP Increases Stake in Tesla Inc". Ruggie Capital Group acquired a new stake in Tesla during the third quarter worth $193,000. Biondo Investment Advisors LLC raised its stake in Tesla by 7.7% in the third quarter. Finally, Hartford Investment Management Co. raised its stake in Tesla by 14.2% in the third quarter. Cable Hill Partners LLC now owns 693 shares of the electric vehicle producer's stock worth $139,000 after buying an additional 184 shares during the period. BOKF NA now owns 1,325 shares of the electric vehicle producer's stock worth $271,000 after buying an additional 145 shares in the last quarter. Tesla Inc. has a 12 month low of $178.19 and a 12 month high of $384.25. The Rhode Island-based Washington has invested 0.02% in Tesla Inc (NASDAQ:TSLA). The company has market cap of $209.90 million.

During the trading day, the stock price fluctuated between $368.02 and $376.99. Mercer Advisers has 0% invested in Tesla Inc (NASDAQ:TSLA) for 30 shares. The electric vehicle producer reported ($1.97) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.67) by $1.30. The company had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.56 billion. Tesla had a negative return on equity of 17.13% and a negative net margin of 8.46%. Tesla shares rose 1.2 per cent to US$380.92 at 11:12am in NY and are up 78 per cent this year.

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TSLA has been the subject of a number of research reports.

The Target Price for Tesla Inc (NASDAQ:TSLA) is $269.56/share according to the consensus analysis of analysts working on the stock. Tesla Motors Inc had 65 analyst reports since July 21, 2015 according to SRatingsIntel. Sterne Agee CRT initiated the stock with "Buy" rating in Friday, June 3 report. Finally, Pacific Crest reiterated an "equal weight" rating on shares of Tesla in a report on Thursday, February 23rd. The average volume of a stock suggests the liquidity of a particular company. Dougherty & Co lowered their price target on shares of Tesla from $500.00 to $375.00 and set a "buy" rating on the stock in a research report on Thursday, February 23rd. EPS breaks down the profitability of the company on a single share basis. The stock was sold at an average price of $286.28, for a total value of $715,700.00. Following the completion of the sale, the director now owns 20,000 shares in the company, valued at approximately $6,235,200. It also reduced Avangrid Inc stake by 468,993 shares and now owns 479,497 shares. The shares were sold at an average price of $307.44, for a total transaction of $32,588,640.00. The disclosure for this sale can be found here.

China sold 283,000 EVs previous year, which is about 41% of the total EVs sold all around the world.

Tesla has not said which vehicles it plans to build in China.

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