Tag Archives: tsla

How Are Major Car Stocks Looking Vs. Tesla Motors?

Going into Wednesday trading,  Tesla Motors ( TSLA ) stock is up for the week, despite giving back 1.3% Tuesday while the S&P 500 index slumped 1.1%. Electric car maker Tesla and other automakers have been chugging back from February lows, with none highly rated by IBD and only Tesla, Ford ( F ) and Nissan ( NSANY ) much at all above their key 50-day moving averages, among major names. IBD’s Auto Manufacturers industry group fell 1.6% on the stock market Tuesday but it’s up 37% over the last month to around where it was two months ago. Ferrari ( RACE ) raced above its 50-day line Tuesday, with the October IPO gaining 1.5% after a 2.2% lift Monday. It was the only one of 15 automakers tracked by IBD to advance Tuesday — the others fell between about 1% and 5%.  General Motors ( GM ) remains above the line but close to it after its 2.9% drop Tuesday. Ferrari is still far down from its IPO price of 52, closing Tuesday at 41.22. Fiat Chrysler ( FCAU ) and Ford have the best IBD Composite Ratings among auto manufacturers now, but they’re not hot — just in the low 50s out of a possible 99. Those two car manufacturers reported surging sales for February while the broader car industry’s unit sales eased to an annualized rate of 17.54 million, below forecasts and under January’s annual pace of 17.58 million, according to Autodata. Geneva International Motor Show-Offs At home in the U.S., this is what’s going on with Tesla now : It’s counting down to its late-March Model 3 reveal. Its stock is being targeted by a short-seller. A rumored new Model S version might go 300 miles between charges Meanwhile over in Switzerland, Tesla took its Model X to the Geneva International Motor Show that runs March 3-13. Wingmen @gims_live #GenevaMotorShow pic.twitter.com/SPMcXz1Qyo — Tesla Motors (@TeslaMotors) March 3, 2016 Ferrari introduced its GTC4Lusso, among other debuts. Volkswagen ( VLKAY )-made supercars by the Bugatti and Lamborghini nameplates absorbed some of the limelight. Take a look at #Ferrari 's show-stealing stars at the #GIMS . #GTC4Lusso #CaliforniaT #TailorMade #HS #488GTB https://t.co/HRvEnsk6WL — Ferrari (@Ferrari) March 3, 2016  

Tesla Motors Counts Down To Late-March Model 3 Reveal

Tesla Motors ( TSLA ) is planning a March 31 reveal of its mass-market Model 3 electric vehicle, to be sold at half the entry sticker price of its current luxury EVs. When Tesla finally makes the Model 3, around late 2017 by the most optimistic estimates, its $35,000 price tag will require battery cost reductions achieved through the battery Gigafactory that Tesla is building in Nevada. With that as the backdrop, Tesla stock slipped 1.3% on the stock market today along with other automakers and the broader stock market. While IBD doesn’t rate the company highly at the moment, Tesla shares — like those of some other automakers — have made significant strides up from February lows. Tesla is now 44% above its February low, but 29% off its 52-week high set in July 2015. Short-seller Citron Research, which expects supply and demand problems as Tesla tries to scale up production, recently targeted Tesla stock. The website InsideEVs’ Monthly Plug-In Sales Scorecard shows an estimated 2,400 Tesla Model S sedans sold this year through February, more than any other maker’s U.S. sales of plug-in electrics or plug-in hybrids. The  General Motors ( GM ) Chevrolet Volt was next with 2,122, then the Nissan ( NSANY ) Leaf at 1,685 and the Ford ( F ) Fusion Energi at 1,513. Tesla Model S 100D In The Skunkworks? Tesla’s Model 3 is expected to have a 200-mile driving range between charges, notes Global Equities Research analyst Trip Chowdhry. The Model 3 sedan has over 270 miles of range. Is Tesla also building a Model S 100D that could go more than 300 miles per charge? A self-described “white hat” hacker took a look at some code in the operating system of a Model S and on Twitter ( TWTR ) tweeted to Tesla CEO Elon Musk code-speak meaning that he’d found reference to the “P100D” name — and that could indicate a 100 kWh battery pack. @elonmusk @teslamotors #tesla I know your secret. SHA256 of best part: 5fc38436ec295b0049f186651ebba5fd55e8d7b81eb61cbd00d3f1bf18dd9c81 — Jason Hughes (@wk057) March 4, 2016 Regarding the “accuracy of a 100kWh battery pack rumor for Tesla Model S,” Global Equities’ Chowdhry said in a research note Monday that his firm “thinks that this rumor is accurate.” A 100kWh battery pack would be a higher-output pack than Tesla has now. “Our best guess is that Tesla Model S 100D (not the performance version but the Dual Motor version) could achieve a range greater than 300 miles per charge,” Chowdhry wrote. Wingmen @gims_live #GenevaMotorShow pic.twitter.com/SPMcXz1Qyo — Tesla Motors (@TeslaMotors) March 3, 2016 Besides the Model S and upcoming Model 3, Tesla has the Model X crossover, which it  took to the Geneva International Motor Show ; the show runs March 3-13.

5 Top-Rated Chip Stocks: Are They Buys After Rough Market Day?

Semiconductor stocks are broadly down as major stock market indexes slip. Even top-rated chipmakers gave back gains in Tuesday afternoon trading. Some are near buy points, with the overall market still in a confirmed uptrend — but touchy amid weak China trade news and other economic concerns. In context, the profit-taking in chip stocks follows their 20% rally off February lows. Macom Technology ( MTSI ), an IBD Leaderboard stock and one of many Apple ( AAPL ) suppliers, was down 4% in afternoon trading in the stock market today , putting it just below buy range from a double-bottom base with a buy point of 41.42. Macom makes radio frequency chips for networks and cellular systems, among other things. It’s still up 8% this month. Broadcom ( AVGO ) gapped up Friday after its strong earnings report , and the IBD 50 stock is now logging a second day easing from that jump. It’s in buy range above a 138.79 buy point from a double-bottom base. Broadcom, recently merged with Avago Technologies, sells a broad range of analog and digital chip solutions. And it’s another supplier to Apple, which has an expected iPhone SE reveal event March 21 . Cirrus Logic ( CRUS ), a fabless chip supplier and yet another vendor to Apple, is trading about 9% under a potential buy point from a nine-month consolidation pattern, after its 4.5% drop intraday Tuesday. Mellanox Technologies ( MLNX ) was down almost 1% in afternoon trading, in buy range from a cup-with-handle base. The Apple supplier has given back early-March gains the last four days, after gapping up sharply in late February. Mellanox sells high-performance, end-to-end interconnect solutions for data center servers and storage systems. Nvidia ( NVDA ), down a little over 1% Tuesday and now about 6% under a buy point, is a maker of graphics chips used in gaming and with a growing specialty helping to power self-driving cars and advanced car safety systems. The IBD 50 company is a partner to electric car maker  Tesla Motors ( TSLA ), among many other auto manufacturers, with its technology going into Tesla’s big-screen infotainment consoles. Chip Stock Charts As the market has recovered, many chipmakers have moved above their key 50-day moving averages. In this video, we cover how some top-ranked semiconductor stocks opened the week, through Monday’s closing bell: Loading the player…   IBD’s Electronics-Semiconductor Manufacturing industry group was down 2% intraday Tuesday, while the S&P 500 index was off nearly 1%. RELATED: Samsung Galaxy S7: Qualcomm, Qorvo Displace Cirrus Logic, Broadcom