Tag: SolarCity

Sentiments for Tesla and SolarCity may plunge further

Tesla Motors, Inc, designs, develops, manufactures and sells electric vehicles. The share price is down by 38% this year. With the recent downgrade of the stock by analysts, the stock price has plummeted.

TSLA – Tesla Motors, Inc
Fundamentals Previously closed at 148.25
Day’s high 159.79
Day’s low 141.06
P/E ratio NA
EPS -5.33

 

Analyst opinion Analysts believe that TSLA might further plunge in prices, owing to a meek production of its Model X.
Sentiments The financial outlook of the company looks weak with a negative EPS, and a P/B ratio of 14.55.
The company is working on technological advancement, a new age, self-parking technology for vehicles. There have been reports that TSLA has sued its supplier, who is involved in the devlopment of gull-wing doors, and this may further slow down the production of its Model X.
While the vehicle sales of Tesla has seen a significant rise for the Q4, one must wait and watch for the earnings release later today. There have been many stocks this year, which despite an earnings growth have not seen positive market sentiments due to various external factors.
Revenue prediction For Q4 2015, Estimize consensus EPS is 0.05, and a revenue estimate of $1792.17 Milllion.
Social pulse Social Media pulse is 32% lower than normal, lesser social chatter.

 

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