New Electric Semi-truck Unveiled By Tesla

Elisee Touchard
Novembre 19, 2017

There's no way to know for sure, since no speedometer or tachometer is shown, and there are limited points of reference in the video with which to try to make an inference. First Walmart placed an order for several Semi trucks from Tesla, and now we're learning that Canadian grocery giant Loblaw is putting in a fair sized order as well. The shares were sold at an average price of $355.20, for a total transaction of $777,888.00.

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"It's part of our commitment to electrify our fleet", spokeswoman Catherine Thomas said. Tesla presently has a consensus rating of "Hold" and an average price target of $330.28. The firm had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $2.94 billion. JP Morgan maintained Tesla Inc (NASDAQ:TSLA) on Friday, August 7 with "Sell" rating.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, November 1st.

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"We have a long history of testing new technology - including alternative-fuel trucks - and we are excited to be among the first to pilot this new heavy-duty electric vehicle", Wal-Mart spokesman Ryan Curell told the Canadian Press in an email. Tesla Semi accelerates to 100 kilometers per hour in 1.9 seconds, top speed of over 400 kilometers per hour.

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Another innovation is the cab's design: the driver's seat is positioned in the center instead of to the side. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Jefferies maintained the stock with "Sell" rating in Monday, October 23 report.

"In essence, all last night's event did was add to Elon Musk's shopping list of things he needs to spend money on at a time when the company is having difficulty making its base vehicle (Model 3)", said Cowen analyst Jeffrey Osborne. For a company building a high-end sports car, there could hardly be a better place to start. Oppenheimer Holdings, Inc. reiterated a "hold" rating on shares of Tesla in a research note on Thursday. Finally, Piper Jaffray Companies reiterated a "buy" rating and set a $362.00 target price on shares of Tesla in a research report on Friday, November 3rd. Ten equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have given a buy rating to the company's stock. Year-to-date, TSLA has gained 47.43%, versus a 17.00% rise in the benchmark S&P 500 index during the same period.

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