Summary The Tesla Model X was first expected to launch last year, the car was delayed and was scheduled to launch in 20145, and now it would appear that it has been delayed until 2015. Musk also said that they also need to make sure that its 'house was in order' after their recent expansion of the Model S into new markets including Europe and Asia. As yet no exact date in 2015 has been given for the launch of the Tesla Model X, the vehicle will retail for just under $50,000 when it launches next year.
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Summary Tesla Motors Inc has had "conversations" with Apple Inc, Chief Executive Elon Musk confirmed to Bloomberg TV on Thursday, responding to speculation that the iPhone and iPad maker had shown interest in the electric car company. "We also expect potential suitors may welcome some semblance of share price stabilization before negotiating price." On Thursday, shares in Tesla rose as much as 11 percent on the Nasdaq to an all-time high of $215.21.
Summary Nineteen billion dollars is almost $2 billion more than the entire budget allocated to NASA last year. WhatsApp is disintermediating telecoms by making its service free or nearly free (users pay 99 cents annually after the first year). What's left to justify $19 billion, then, is the grand notion that WhatsApp is "designed to get Facebook over the chasm that lies between the desktop past and mobile future," as Waters puts it.
Summary The San Francisco Chronicle reported this week that Musk met with Apple Inc's head of mergers and acquisitions in 2013, stoking speculation about Tesla's future. But speaking generally about the possibility of another company buying Tesla, Musk said in an interview with Bloomberg TV that he had concerns. Citing a person familiar with the matter, The San Francisco Chronicle reported Sunday that the meeting between Adrian Perica and Elon Musk took place last spring.
Summary First it stopped reporting orders. And in the latest quarter it stopped saying how many deliveries were bound to the U.S. and to Europe. This is how a balance sheet item regarding those vehicles has behaved in the last 3 quarters:. Tesla at this point is only using this program in the U.S. It will be expanding to Europe and this line will stop giving us relevant information, but at this point what we know is that cars sold with RVG in the U.S. fell 17.7% from Q3 2013 to Q4 2013.
Summary How might it be possible to improve upon the already popular, tech heavy Tesla Model S electric sedan? The idea here is, with full autonomous driving, that those in the car, no longer having to worry about traffic issues, now can focus on other concerns. The XchangE, engineered by 4erC and built at Esoro, is thus the answer to this question, at least according to Rinspeed in this rather lengthy description.
Summary Unless your company just got acquired for nearly $20 billion, and you're popping cases of $200 bottle Cristal by your office water cooler, Thursday was pretty busy on Wall Street. Wal-Mart earnings suffer on weather, food stamp cuts. The price is wrong for the biggest retailer in the world.
Summary Baird Equity Research analysts Ben Kallo and Tyler Frank reiterate their Outperform rating for Tesla Motors Inc ( NASDAQ:TSLA ) and bump their price target on the electric carmaker. Tesla Motors Inc ( NASDAQ:TSLA ) reported Q4 revenue of $761.3M vs. our/consensus estimate of $677.4M/$683.9M. TSLA had Non-GAAP Net Income of $45.9M and Non-GAAP EPS of $0.33 vs. our/consensus estimates of $29.1M/$31.1M and $0.21/$0.23, respectively. 2014 delivery guidance of 35k vehicles exceeded estimates - additional production capacity currently under construction.
Summary Tesla Motors (NASDAQ: TSLA ) stock climbed to a fresh high this week after the electric-car maker reported impressive fourth-quarter results and offered better-than-expected guidance for the year ahead. Investors pushed shares of Tesla up more than 15% to $223.32 after the market close Wednesday on the news, and the stock was priced around $209 a share at close on Thursday. .
Summary Wall Street's been abuzz with talk about a marriage between Apple Inc. ( NASDAQ:AAPL ) and Tesla Motors Inc ( NASDAQ:TSLA ), although CEO Elon Musk said this week that it's highly unlikely. So it might make sense to partner with Apple Inc. ( NASDAQ:AAPL ) in the U.S. and a few other key markets and Android elsewhere. And besides, many put Apple and Tesla Motors Inc ( NASDAQ:TSLA ) in the same premium class, and indeed the touch screen in the Model S looks a bit like an iPad, or so I've heard.
Summary NEW YORK ( TheStreet ) -- All this talk swirling around regarding Apple ( AAPL ) buying Tesla Motors ( TSLA ) is simply absurd. . What seemed like a futuristic dream is suddenly becoming a realistic journey in the not-so-distant future. Notably, one of the leaders in the autonomous driving world is Google. .
Summary In today's Oxen Group market recap, What's Next For The Market, we will be examining today's important news, digesting key economic data, delving into company news that matters, charting the markets, and forecasting what we see coming next. Buyers need to understand, though, that the company has to be perfect to see more upside. If the Model X is not on the road in the back half of this year, the stock will drop significantly.