Tesla is a volatile name and fair value estimate changes may be frequent as its story changes.
Even after the market’s positive reaction, the stock looks very undervalued.
Our fair value estimate remains in place unless market sentiment becomes too negative.
We are not changing our fair value estimate for the no-moat automaker.
We are leaving our U.S. autos coverage fair value estimates in place, because the tariff will face major pushback from lawmakers.
We are giving Tesla the benefit of the doubt and maintaining our fair value estimate.
Its autonomous vehicle plan has potential, but we're not changing our valuation yet.
The carmaker is closing all stores to sell the $35,000 Model 3.
We're not planning to change our fair value estimate for the no-moat firm.
Tesla's results were slightly ahead of expectations and we still see shares as overvalued.
Elon Musk's plan to slim the workforce to drive down the price of the Model 3 is sensible, and our fair value estimate is unchanged.
Optimism after analyst day sends the stock soaring, but we still think shares look cheap.
We think the stock is undervalued, but it may remain cheap until more certainty comes in governance.
High-end demand remains strong for the automaker.
We are raising our fair value estimate for the no-moat firm.
Concerns about safety and the fate of private vehicle ownership are just two reasons this technology will stay in first gear for now.
We are raising our fair value estimate to account for an increase in vehicles delivered through 2027.
We like the deal because it gives Cruise even more cash to scale up quickly without further using GM's funds.
Both Ford and GM faced tough comparable from last year.
We think the settlement is wise, but Musk is better in a role other than CEO.
Without Musk, we estimate that Tesla is worth, at best, about $126 per share.
The automaker posted a solid month despite a continued plunge in its car lineup.
We think it would be harmful to investors for the SEC to ban Musk from running a public company.
We think the automotive seating company's woes are fixable.
We don't expect a deal this week but think it will happen.
The Tesla CEO's tweet raises questions, and we're leaving our fair value estimate unchanged until a formal announcement.
Tesla reported another loss in the second quarter, but CEO Elon Musk is upbeat that the firm will be profitable going forward.
We remain concerned about possible tariffs on imported vehicles, but for now, the U.S. auto industry looks healthy to us.
The quality of the fiscal first-quarter earnings isn't extraordinary.
Toyota and GM's Buick brand have concerning exposure, but it's too early to say that we'll change their fair value estimates as a result.
We still think the stock’s overvalued.
The firm's long-term story--not any single quarter's results--will ultimately determine the value of the company.
Deep discounting on new vehicles has driven consumers to dealerships instead of a CarMax store--a trend that could last a few more quarters.
Ford's sales rise mostly from fleet, while all four brands at GM notch double-digit sales increases.
Tesla reported a better-than-expected quarter, but we still think the stock trades on momentum for option value that, if realized, is still many years away.
Although the automaker's stock is undervalued, we don't expect it to move significantly upward this year.
We see no winners if free trade ends.
GM's December sales fell year over year, while volume rose at Ford.
It's working at getting the scale that only automakers its size can reach, and it's succeeding.