The analysts wrote that they expect Tesla shares to recover from their recent pullback, supported by strong fundamentals including volume growth and sustained margin strength
World's most valuable automaker posted record quarterly revenue that beat Wall Street expectations.
The agency boosted Tesla by two notches to the highest junk rating of Ba1 on Monday, citing improving profitability and business-scale prospects.
The offers come two days after Telangana Minister K T Rama Rao invited Musk to set up shop in his state
The world's top electric car maker produces electric sedans and sport utility vehicles but has missed out on the pickup truck segment
Disagreements over a local factory and the country's import duties of as much as 100% have led to an impasse between the company and the administration.
Tesla CEO Elon Musk has said that its electric vehicle company is planning to invest over $10 billion in Gigafactory Texas and will eventually employ 20,000 workers.
Deliveries at Tesla's Shanghai Gigafactory came in at 413,283 vehicles in the first 11 months of this year
Tesla shares have rebounded 9.4% after initially slumping following Musk's Twitter poll.
JPMorgan claims the Aug 7, 2018 tweet amounted to a significant corporate transaction that allowed it to adjust the strike price
Rivian is the world's fifth-largest automaker by market cap having delivered only a few electric vehicles to customers
The world's richest person so far has disposed of more than 4.5 million shares this week
The move gives billionaire cash to pay for the tax bill associated with the exercising of the options.
Musk tweeted on Saturday that he would offload 10% of his stake if users of the social media network approved the proposal
The Dow Jones Industrial Average was up 170.49 points, or 0.47%, at 36,498.44
Tesla Inc CEO Elon Musk should sell about 10% of his Tesla stock, according to 57.9% of people who voted on his Twitter poll
This week, Tesla surpassed $1 trillion in market value, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp, Volkswagen AG, Daimler AG, Ford Motor Co and General Motors.
The combined net worth of Elon Musk and Jeff Bezos approached $500 billion on Wednesday
The stock rallied 12.7% on news that Tesla landed its biggest-ever order from rental car company Hertz
Record sales last summer propelled Tesla to the biggest quarterly net earnings in its history