Tesla recalls 11000 Model X SUVs over possible seat issue

California-based Wells Fargo Mn has invested 0.03% in Tesla Inc (NASDAQ:TSLA). The institutional investor held 5,000 shares of the capital goods company at the end of 2017Q2, valued at $1.79M, down from 9,227 at the end of the previous reported quarter. Based on an average daily volume of 6,258,680 shares, the days-to-cover ratio is now 4.3 days. Insiders have sold 51,446 shares of company stock valued at $17,504,929 over the last quarter. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. $1.61M worth of stock was sold by Musk Kimbal on Thursday, June 1. The disclosure for this sale can be found here.

In other news, VP Eric Branderiz sold 99 shares of the company's stock in a transaction on Tuesday, September 5th. Great West Life Assurance Co.

Analysts await Tesla Inc (NASDAQ:TSLA) to report earnings on October, 25. Its up 0.19, from 1.08 in 2017Q1.

Vetr upgraded shares of Tesla Inc. FMR LLC grew its stake in shares of Tesla by 10.9% in the first quarter. Arrowstreet Capital Limited Partnership has invested 0.01% in SurModics, Inc.

There is no going back on retirements, says Nehra
Nehra , who was included in the T20 squad to take on Australia, announced his stepping away from worldwide cricket on October 11. He was a key member of the team that was eventually crowned champions, albeit a finger injury ruling him out of the final.

A number of brokerages have recently commented on TSLA. Finally, Jefferies Group LLC assumed coverage on Tesla in a research note on Tuesday, September 19th. On Thursday, February 18 the stock rating was maintained by Deutsche Bank with "Buy". Standpoint Research downgraded shares of Tesla from a "hold" rating to a "sell" rating in a research note on Wednesday, October 4th. Delta Asset Mgmt Ltd Liability Com Tn owns 0% invested in Tesla Inc (NASDAQ:TSLA) for 28 shares. JP Morgan has "Underweight" rating and $170 target.

Among 37 analysts covering FedEx (NYSE:FDX), 23 have Buy rating, 1 Sell and 13 Hold. The company now has a consensus rating of "Hold" and an average price target of $327.37. Moreover, Gemmer Asset Ltd Liability Corporation has 0.12% invested in Tesla Inc (NASDAQ:TSLA) for 779 shares. The company has a 50-day moving average price of $355.10 and a 200-day moving average price of $337.41. The company has market cap of $59.36 billion. Tesla has a 52-week low of $178.19 and a 52-week high of $389.61. It is down 4.35% since October 13, 2016 and is downtrending.

Somewhere between 400 and 700 employees of electric-vehicle maker Tesla were fired this week after their performance reviews, according to a published report. Tesla had a negative return on equity of 16.36% and a negative net margin of 7.61%. Reports have already emerged that parts of the Model 3 are still being made by hand, and although Tesla's hit back at those accusations, it's still struggling to get cars out the door in a timely fashion. During the same period in the prior year, the firm posted ($1.06) EPS. The recall involves SUVs with fold-flat second-row seats. "(TSLA) Short Interest Down 9.7% in September" was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. The Firm operates through two divisions: Automotive, and Energy generation and storage.

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