|Bid||358.78 x 800|
|Ask||359.00 x 800|
|Day's range||354.64 - 365.21|
|52-week range||176.99 - 365.70|
|Beta (5Y Monthly)||0.58|
|PE ratio (TTM)||N/A|
|Earnings date||28 Jan 2020 - 3 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||292.67|
The first driverless cars were supposed to be deployed on the roads of American cities in 2019, but just a few days before the end of the year, the lofty promises of car manufacturers and Silicon Valley remain far from becoming reality. Recent accidents, such as those involving Tesla cars equipped with Autopilot, a driver assistance software, have shown that "the technology is not ready," said Dan Albert, critic and author of the book "Are We There Yet?" on the history of the American automobile. - Are autonomous cars on the roads?
The U.S. auto safety agency said on Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut last week. The National Highway Traffic Safety Administration (NHTSA) special crash investigation program will investigate the Dec. 7 crash of a 2018 Tesla Model 3 on Interstate 95 in Norwalk, Connecticut, the agency confirmed. Autopilot had been engaged in at least three Tesla vehicles that were involved in U.S. crashes since 2016.
The telecommunications regulator's undivided decision to open up unused spectrum for Wi-Fi is likely to fend off stiff opposition for the implementation.
Thyssenkrupp is hoping to win contracts for a planned factory Tesla plans to build near Berlin, a board member of the German conglomerate told a business daily. "We are in talks over carrying out certain services," Klaus Keysberg, board member in charge of steel and materials services at Thyssenkrupp, told Handelsblatt, declining to be more specific. Thyssenkrupp makes everything from elevators and submarines to car parts, steel and fertilizers plants.
U.S. electric vehicle maker Tesla Inc plans to increase prices of imported Model 3 vehicles in China in January, sources familiar with the matter said. Tesla plans to increase prices of imported Model 3 vehicles with longer range and those with performance function, which are currently priced at 439,900 yuan (£48,710.49) and 509,900 yuan, respectively. The move comes as Tesla, which is building a car plant in Shanghai, aims to deliver China-made Model 3 sedans, which are priced at 355,800 yuan, to customers before Jan. 25 next year.
Tesla plans to build 500,000 electric vehicles a year at its new factory on the outskirts of Berlin, Germany's Bild newspaper reported on Wednesday. Last month, Tesla Chief Executive Elon Musk announced that a site in Gruenheide, Brandenburg, had been chosen to build Tesla Model 3 and Model Y vehicles. German newspaper Frankfurter Allgemeine Zeitung reported that Tesla will invest up to 4 billion euros (£3.44 billion) in the plant.
Tesla, Eldorado Resorts, Dick???s Sporting Goods, Gaming and Leisure Properties and Target highlighted as Zacks Bull and Bear of the Day
Elon Musk is purportedly driving, but it's not confirmed that he was behind the wheel while this video was filmed. According to U.S. regulations, passenger vehicles need to have a mirror inside and one on the driver’s side of the vehicle. When Musk unveiled the Cybertruck, he stated that the vehicle used a video camera for the rear-view camera, which is something other automakers are trying as well.
The new insurance product pulls real-time mileage information directly from a car owner's Tesla account and uses the distance they have driven to price their insurance each month. It claims to be the first car insurance policy to take data from a car without the need for a "black box" or aftermarket device. The new policy -- created in partnership with digital insurer La Parisienne Assurances (backed by Swiss Re) -- offers lower-mileage Tesla owners in the U.K. (those who drive less than 7,000 miles a year) the opportunity to save significantly on their annual car insurance, according to By Miles.
Elon Musk won his defence against a charge of defamation on Friday afternoon, when a jury in Los Angeles found for the Tesla boss after less than an hour of deliberation. Vernon Unsworth, a British diver, had sought $190m in damages over tweets Mr Musk sent last year that included calling him “pedo guy”. “My faith in humanity is restored,” Mr Musk said as he left the court.
After a three-day trial, Elon Musk was found not liable for defamation in a federal court today in Los Angeles, where Musk reportedly owns a cluster of six homes as well as oversees the operations of both SpaceX and Tesla. British diver Vernon Unsworth had brought the suit against Musk in the fall of 2018 after Musk tweeted that Unsworth was a "pedo guy," meaning a pedophile. Why: after Musk and his employees developed what they called a mini-submarine or escape pod to save a children's soccer team from a flooded cave in Thailand in July of 2018, Unsworth -- a stranger to Musk and an experienced diver with specific knowledge of the cave -- called the production a "PR stunt" when asked about the effort in an interview with CNN.
A U.S. District Court jury in Los Angeles on Friday found in favour of Tesla Inc boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter. The plaintiff, Vernon Unsworth, was seeking $190 million (£148 million) damages against Musk, who during the trial estimated his net worth at $20 billion.
Alibaba (BABA)-backed AutoX applies for testing its self-driving vehicles, without in-car driver backup, thereby stirring competition in the autonomous-vehicle tech space.