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Tesla reverses plan to close all stores, will raise the price of higher-end cars

Tesla Inc. is killing a controversial plan to close virtually all of its retail stores, saying it crunched the numbers and decided it was a bad idea. The company will keep about half of its existing stores open, Tesla said in a blog post on Sunday. â€.....»»

Category: topSource: bizjournalsMar 12th, 2019

Tesla shares rise after company reverses decision to close all stores

Tesla Inc. shares rose 1.5% Monday after the company said it has reversed course on a decision to close most of its physical stores and switch to online-only as a way to lower prices on its cars......»»

Category: topSource: marketwatchMar 11th, 2019

Tesla Reverses Course On Store Closures, Price Cuts

After announcing plans to close its physical stores and slash vehicle prices by 6 percent at the end of February, Tesla Inc (NASDAQ: TSLA) has changed course again.&nbs read more.....»»

Category: blogSource: benzingaMar 11th, 2019

Tesla to Keep More Stores Open, Increase Prices on Some Cars

Tesla Inc. (NASDAQ: TSLA) reversed course on its plan to close many of its stores. It will also modestly increase prices of some of its models. The decisions are another example of how the company........»»

Category: blogSource: 247wallstMar 11th, 2019

Live updates: Tesla profits plunge, but shares rally as company reveals plans for robotaxis and cheaper cars

Tesla will report quarterly earnings today, April 23, after market close. The analyst call comes amid the stock price's decline and announced layoffs. Tesla stock rose Tuesday afternoo.....»»

Category: worldSource: nytApr 23rd, 2024

Why Burlington Stores Is Moving Higher Today

Burlington Stores (NYSE: BURL) shares are trading higher on Tuesday after getting a price target raise. DA Davidson maintained a Buy rating on the stock and raised its price target from $193 to $2.....»»

Category: blogSource: benzingaApr 28th, 2020

Tesla selling $2B of new stock after frenzied price gains

Elon Musk had brushed off questions as recently as late January about whether Tesla should take advantage of the higher stock prices to raise new capital......»»

Category: topSource: foxnewsFeb 13th, 2020

New capital for Tesla will come at a cost

A capital raise for Tesla Inc will not come cheap and Chief Executive Officer Elon Musk must finally prove to investors that he can produce and deliver Model 3s and higher margin electric cars on time, Wall Street analysts said on Thursday......»»

Category: topSource: reutersApr 25th, 2019

Musk sends email to "clear things up" about plan to close stores

Tesla retail stores will be "given a fair opportunity" to make the case that they should remain open......»»

Category: topSource: moneycentralMar 27th, 2019

Elon Musk promises chance for some Tesla stores: report

Tesla Inc. Chief Executive Elon Musk has sent an email to employees to detail the company's plan to close retail stores, according to a report on Bus.....»»

Category: topSource: marketwatchMar 27th, 2019

Tesla, Inc. (NASDAQ:TSLA) Reverses Plans To Close Stores

Tesla, Inc. (NASDAQ:TSLA) Reverses Plans To Close Stores Tesla stock moved up Monday after the electric car maker disclosed plans late Sunday to keep some of its U.S. stores.....»»

Category: topSource: livetradingnewsMar 12th, 2019

Tesla to Raise Prices and Reduce Store Closures in Latest Strategy Switch

Tesla will close half as many stores as it previous planned, and will achieve only half the cost savings it hoped for. Tesla has done a partial U-turn on a retail-strategy shift--unveiled less than two weeks ago--that was to involve th.....»»

Category: europeSource: fortuneMar 11th, 2019

Tesla’s Cost-Saving Plan to Close Stores Hits a Legal Speed Bump: Its Retail Landlords

Tesla's stock has lost $5.5 billion in market cap since announcing it would close most of its.....»»

Category: europeSource: fortuneMar 8th, 2019

Elon Musk blindsided Tesla staffers with plan to close stores, sources say

Tesla Inc. Chief Executive Elon Musk caugh.....»»

Category: topSource: latimesMar 7th, 2019

Tesla, Inc. (NASDAQ:TSLA) Must Raise Billions in Cash If Elon Musk Still Wants to Make Cars

Tesla, Inc. (NASDAQ:TSLA) Must Raise Billions in Cash If Elon Musk Still Wants to Make Cars If Tesla stock dumps hard, then perhaps it sets up as a candidate to squeeze higher on the report. Should shares rally into th.....»»

Category: topSource: livetradingnewsJul 31st, 2018

Tesla, Inc. (NASDAQ:TSLA) shares drop after Musk abandons buyout plan

Tesla, Inc. (NASDAQ:TSLA) shares drop after Musk abandons buyout plan China stocks were higher after the close on Monday, as gains in the Travel & Leisure, Real Estate Investments & Services and Technology Hardware &.....»»

Category: topSource: livetradingnewsAug 28th, 2018

The New York Post: Tesla shares fall nearly 8% after reimbursement plan, price cuts in China

Tesla Inc.’s stock slid nearly 8% on Christmas Eve after Chief Executive Elon Musk revealed a potentially costly plan to reimburse customers who miss a looming deadline for U.S. tax credits on electric cars......»»

Category: topSource: marketwatchDec 24th, 2018

Tesla cuts Model 3 price, plans to close most retail stores

Tesla Inc. is finally debuting its Model 3 at $35,000, potentially fulfilling its long-held promise of creating an all-electric sedan with a price point aimed at the masses, but will close most of its retail stores around the U.S. as its switches .....»»

Category: topSource: bizjournalsFeb 28th, 2019

Another Blow To Tesla? Hertz"s EV Disposal Plan Jumps By 10K As Car-Rental Company Aims For 95% Gas-Powered Fleet By Year-End

Hertz on Thursday reported an adjusted loss of $1.28 per share, much higher than the analyst consensus estimate of a loss of 44 cents. read more.....»»

Category: blogSource: benzingaApr 26th, 2024

Recap: Tesla stock surges despite plunging profits as Musk talks robotaxis and cheaper cars

Tesla will report quarterly earnings today, April 23, after market close......»»

Category: dealsSource: nytApr 23rd, 2024

Live updates: Tesla misses profit and revenue estimates, but shares rally

Tesla will report quarterly earnings today, April 23, after market close. The analyst call comes amid the stock price's decline and announced layoffs. JADE GAO/AFP via Getty Images; Chelsea Jia Feng; BITesla reported first-quarter .....»»

Category: worldSource: nytApr 23rd, 2024