Shares in Tesla Inc. (NASDAQ:TSLA) Acquired by Alpha Cubed Investments LLC

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Parametric Portfolio Associates LLC now owns 100,892 shares of the electric vehicle producer's stock worth $36,484,000 after buying an additional 3,410 shares in the last quarter. Advisory Services Network LLC purchased a new position in Tesla during the first quarter valued at about $122,000. North Star Investment Management Corp. raised its position in Tesla by 2.8% in the second quarter. The fund owned 714 shares of the electric vehicle producer's stock after selling 115 shares during the period. Gemmer Asset Management LLC boosted its position in Tesla by 2.6% in the second quarter.

Although the Model Y will sit underneath the Model X in Tesla's range as its second and smallest SUV, it would make sense for the manufacturer to market the Model Y as a Model 3 crossover rather than a smaller Model X, especially when the latest news from Musk is taken into account. Arthur M. Cohen & Associates LLC now owns 1,382 shares of the electric vehicle producer's stock worth $487,000 after buying an additional 25 shares during the last quarter.

The years-long battle against the state of MI for Tesla Inc (NASDAQ:TSLA) is unlikely to end any time soon, as the state - which is home base for both Ford and General Motors - clings to archaic dealership laws.

Just yesterday Tesla Inc (NASDAQ:TSLA) traded 0.69% higher at $313.22.

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The electric vehicle company now has over $3 billion in cash, but the need to raise additional funding is critical. The company has a 50 day moving average price of $341.13 and a 200 day moving average price of $307.07.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, August 2nd.

Reuters reported on two emails between Tesla and the Nevada DMV that spoke about this potential vehicle. The business had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.50 billion. Tesla had a negative return on equity of 16.36% and a negative net margin of 7.61%. The business's revenue for the quarter was up 119.6% compared to the same quarter previous year. During the same quarter past year, the company earned ($1.06) earnings per share. Equities research analysts predict that Tesla Inc. will post ($6.29) earnings per share for the current fiscal year. If you are accessing this news story on another website, it was illegally copied and republished in violation of U.S. and worldwide trademark and copyright legislation. The original version of this report can be viewed at https://www.com-unik.info/2017/08/12/tesla-inc-tsla-upgraded-at-argus.html.

Tesla Inc. (NASDAQ:TSLA)'s stock had its "sell" rating reissued by analysts at Goldman Sachs Group, Inc. (The) raised their price target on shares of Tesla from $180.00 to $190.00 in a report on Friday, August 4th. Robert W. Baird reissued an "outperform" rating and issued a $368.00 target price on shares of Tesla in a research note on Tuesday, June 20th. Finally, Vetr downgraded Tesla from a "buy" rating to a "hold" rating and set a $371.10 price target on the stock.in a research report on Wednesday. But some of the most interesting updates came shortly after Tesla posted its second-quarter shareholder letter, when Tesla CEO Elon Musk shared further perspective during the company's earnings call. Morgan Stanley downgraded shares of Tesla from an "overweight" rating to an "equal weight" rating and set a $305.00 price target on the stock.in a research report on Monday, May 15th. Tesla has an average rating of "Hold" and a consensus target price of $309.70.

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