The family of a driver killed in a Tesla auto crash has hired law firm Minami Tamaki LLP to explore legal options, the law firm said on Wednesday, adding the Autopilot feature in the electric carmaker's vehicle probably caused his death. According to the Analysts, the Low Earnings estimate for the current quarter is $-3.57, while the High earnings estimate is $-1.1.Comparatively, EPS for the same quarter past year was $-0.24. The business had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.33 billion. The firm's revenue for the quarter was up 43.9% compared to the same quarter past year. As for a performance, the company shows upbeat performance moving up trend of 0.71% since start of the year and revealed shows upbeat performance surged activity of -9.43% for the past three months.
A number of analysts recently weighed in on TSLA shares. BidaskClub cut shares of Tesla from a "hold" rating to a "sell" rating in a research note on Tuesday, March 13th. Morgan Stanley set a $379.00 target price on shares of Tesla and gave the stock a "neutral" rating in a report on Thursday, February 8th. ValuEngine downgraded shares of Tesla from a "hold" rating to a "sell" rating in a research note on Monday, April 2nd. Nine research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the company's stock. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Tesla Motors Inc (NASDAQ:TSLA)'s gross margin stands at 18.90%.
Shares of TSLA stock traded down $25.00 during trading hours on Friday, reaching $279.18. The stock has a market cap of $48,929.34, a PE ratio of -26.21 and a beta of 1.19. Tesla, Inc. has a one year low of $244.59 and a one year high of $389.61.
TSLA average true range may be heating up this temperature with value of 17.13. Also, Director Kimbal Musk sold 2,779 shares of the company's stock in a transaction dated Tuesday, November 1st. Following the sale, the insider now directly owns 359,655 shares of the company's stock, valued at $68,629,367.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Eric Branderiz sold 452 shares of the stock in a transaction that occurred on Wednesday, March 7th. The stock was sold at an average price of $300.00, for a total transaction of $562,500.00.
The firm's price volatility was 7.39% for a week and 5.67% for a month. Russell Investments Group Ltd. now owns 66,201 shares of the electric vehicle producer's stock worth $22,580,000 after acquiring an additional 24,213 shares during the period. Fort Point Capital Partners LLC acquired a new stake in Tesla Motors during the third quarter valued at approximately $1,336,000. Mckinley Capital Management LLC Delaware bought a new position in shares of Tesla during the 3rd quarter valued at $106,000. New York State Common Retirement Fund grew its holdings in Tesla by 1.7% during the 3rd quarter. Laurel Wealth Advisors Inc. raised its holdings in shares of Tesla by 40.2% in the fourth quarter.