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NAS:TSLA, Jul 17, 07:17 UTC

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Stock Wars: GM Vs. Ford Vs. Tesla Vs. Toyota

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It has been a rough five-year stretch for large auto stocks Toyota Motor Corp (NYSE: TM), General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F) and Tesla Inc (NASDAQ: TSLA). Auto investors are much more concerned about the next five to 10 years at this point. When looking at U.S. auto sales, it’s not cars, but light trucks, SUVs and crossovers that matter — because that’s what Americans are buying. Tesla should be the obvious leader in the EV movement, since it is the only big carmaker that makes solely electric vehicles. But it’s hard to say who might come out on top in the EV space, because all of the carmakers see it as an important part of their future. Ford said last year it will more than double its spending on its EV program, and Barra has promised to make electric cars profitable for GM — something no one’s been able to yet do — by 2021. While not winning on pure electric sales, Toyota’s hybrid sales were trending up in the first half of the year, putting it on track to be the U.S. market leader in “green vehicle” sales in 2019. Both stocks are priced well below the S&P 500 average of 0.9. Ford’s future five-year earnings growth is projected to be negative, and Tesla has yet to demonstrate it can consistently turn a profit at scale. When a company reinvests a large portion of earnings back into the company for the purpose of expanding operations and growing the business, earnings numbers aren’t the best measure of a company’s performance or a stock’s value.

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Tesla Tweaks Pricing Across All Models

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Tesla Inc. (NASDAQ: TSLA) is streamlining its product line and tweaking the prices of its electric vehicles in a bid for another jolt following strong second-quarter sales results. The electric carmaker said its mass-market Model 3 will now come with a lower price tag of $38,990. The starting price of a couple of other Teslas will be a bit higher, as the company is dropping basic versions of the Model X SUV and the Model S sedan, and will offer only the pricier long-range and performance versions of the vehicles. While Tesla is lowering the price for those versions from current levels, they’ll still cost more than the basic models that are being dropped. Deliveries of the three Tesla vehicles were up 51% from the previous quarter, with the company’s signature Model 3 accounting for around 80% of sales.

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Tesla drops cheapest Model X, S variants, cuts prices

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Tesla Inc has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted prices across its range, in a sales push that comes days after the US electric vehicle maker reported record deliveries. It also trimmed the price of its now entry-level Long Range variants. “To make purchasing our vehicles even simpler, we are standardizing our global vehicle lineup and streamlining the number of trim packages offered for Model S, Model X and Model 3,” Tesla said in a statement. In China, the world’s largest market for electric vehicles, Tesla’s changes on Tuesday pushed the starting price of its Model X to 790,900 yuan ($115,068) and Model S to 776,900 yuan.

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Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup

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Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup. BEIJING (Reuters) - Tesla Inc has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted prices across its range, in a sales push that comes days after the U.S. electric vehicle maker reported record deliveries. "To make purchasing our vehicles even simpler, we are standardizing our global vehicle lineup and streamlining the number of trim packages offered for Model S, Model X and Model 3," Tesla said in a statement. Earlier this month, Tesla said global deliveries of its three models in the second quarter of this year rose 51% from the previous quarter to a record 95,200 vehicles.

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Tesla cuts price of mass-marked Model 3, lifts prices of premium EVs

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BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc has lowered the price of its mass-marked Model 3 and raised the prices of its premium Model X and S cars. The starting price of the Model 3 is now $30,315, from $32,225, Tesla's website showed on Tuesday. The top-of-the-range Model X now begins at $75,315, rather than $71,325, while the Model S rises to $70,115 from $65,125. Earlier this month, Tesla said deliveries of all three of its models in the second quarter of this year rose 51% from the previous quarter to a record 95,200 vehicles.

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EV maker Tesla revamps prices in sales push

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EV maker Tesla revamps prices in sales push. Reuters16 July 2019, 02:26 UTC. BEIJING (Reuters) - U.S. electric carmaker Tesla Inc said on Tuesday it will change prices of its Model 3, X and S vehicles. The starting price for the Model 3 will be $30,315 (24,226.80 pounds), down from $32,225, that for the Model X will rise to $75,315 from $71,325, and the Model S will change to $70,115, up from $65,125, according to the company's website. Prices of cars include potential incentives and petrol savings of $9,875, Tesla said on its website. What to read next.

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Monday, July 15


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It’s Time to Wait for Lower Prices on Tesla Stock

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Call it a “cult stock” or a “controversy stock” if you’d like, but there are few things more often or passionately discussed on financial social media than Tesla (NASDAQ:TSLA) stock. The recovery of Tesla stock shares from $185 to $245 has some folks jumping on the bandwagon, but I’m not the type of person to follow the crowd, especially when my hard-earned capital is involved. In the case of TSLA stock, I see a number of reasons to remain cautious or even take profits if you’ve got ’em. Overblown superlatives aside, the fact remains that if a company doesn’t have their target demographic’s trust, then they’ve really got nothing at all. And it seems that Tesla has broken that bond of trust, as evidenced by AMCI’s newly released 2019 Trusted Automotive Brand Study (TABS). As reported in the study, Tesla is now the third least trusted luxury automobile brand.

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Tesla’s Updates Make Other Cars Feel Like ‘Owning a Horse’

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Recently, US electric carmaker Tesla (TSLA) released another OTA (over-the-air) software update for its cars. The new firmware version (build 2019.20.4.4 edb5360) improves some important existing security, safety, and fun features in Tesla cars. In April, CEO Elon Musk said during Tesla's Autonomy Investor Day that owning cars other than Tesla “would be like owning […].

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Tesla Earnings: Mark Your Calendar

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Though Tesla(NASDAQ: TSLA) has already announced how many vehicles it delivered in its second quarter, the company's financial performance during the period is still a big mystery. Sure, the electric-car maker delivered more vehicles than in any quarter in its history. But this doesn't mean it performed well financially during the period. Free cash flow during the period was negative $920 million as Tesla's overseas expansion of Model 3 deliveries during the period proved costly. For the second quarter, management said it expected to return to positive free cash flow, but it won't be until Q3 that the company expects to have positive net income. Tesla delivered 95,200 vehicles in Q2, driven by soaring Model 3 deliveries. While Tesla didn't provide any specific guidance for its second-quarter gross margin, management did say in its first-quarter shareholder letter that it continues "to target a 25% non-GAAP gross margin on Model S, Model X and Model 3, depending on variant mix and option take rates as our product offerings change."

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