(NASDAQ:TSLA) in a research report released on Wednesday morning. Garde Capital Inc. now owns 2,328 shares of the electric vehicle producer's stock valued at $497,000 after buying an additional 1,023 shares during the last quarter.
Other tech companies are targeting trucking, with firms like Uber investing in new freight initiatives that hope to upend the industry. Ingalls & Snyder LLC acquired a new position in shares of Tesla during the second quarter worth about $204,000. Dimensional Fund Advisors LP now owns 100,312 shares of the electric vehicle producer's stock worth $36,274,000 after buying an additional 1,522 shares in the last quarter.
Winfield Associates Inc. boosted its position in Tesla by 85.2% in the second quarter. Pittenger & Anderson Inc. increased its stake in shares of Tesla by 20.0% in the second quarter. Hedge funds and other institutional investors own 63.71% of the company's stock. Tesla has a 12-month low of $178.19 and a 12-month high of $386.99.
Likewise on Monday, a gathering of specialists at the Fremont, California plant where the Model 3 is made sent an open letter to the autonomous individuals Tesla's board. The stock has a 50-day moving average price of $341.84 and a 200-day moving average price of $306.29. Tesla Inc. The company's market capitalization is $59.72 billion.
Is Tesla's (TSLA) junk debt in demand? The electric vehicle producer reported ($1.33) EPS for the quarter, beating the consensus estimate of ($2.00) by $0.67. The firm had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.50 billion. Tesla's revenue was up 119.6% on a year-over-year basis. During the same quarter previous year, the firm posted ($1.06) EPS. On average, equities analysts predict that Tesla Inc. will post ($6.29) EPS for the current year.
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Several analysts recently issued reports on TSLA shares. (The) raised their price target on shares of Tesla from $180.00 to $190.00 in a report on Friday, August 4th. The consensus target price is $244.67 with four equity analysts rating the company a strong buy, five equity analysts rating the company a buy, five equity analysts rating the company a hold, six equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
MI is the most populated state in the U.S. that still doesn't have a Tesla store or service center. Royal Bank Of Canada reissued a "sector perform" rating and set a $345.00 price target (up previously from $314.00) on shares of Tesla in a research report on Wednesday.