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What's Behind The 'Parabolic' Rise In Tesla?
Wednesday, September 2, 2020 - 10:57am | 571Read More...The meteoric rise in Tesla Inc (NASDAQ: TSLA) stock has shown gravity-defying momentum, and it's difficult to attribute the strong upside merely to fundamentals, according to GLJ Research's Gordon Johnson. The Tesla Analyst: Johnson has a Sell rating on Tesla with a $19 price target....
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Unusual Tesla Option Trades Pushing Stock Higher And Higher
Thursday, August 20, 2020 - 1:31pm | 499Read More...Tesla Inc (NASDAQ: TSLA) once again traded sharply higher by 6.2% on Thursday, briefly touching the $2,000 level, despite no major news from the company. Tesla shares are now up 77% in the past year as the company has made a profit in four straight quarters, and some say strange option trading...
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Tesla Bear Gordon Johnson On Why Company Is Running On 'Borrowed Time'
Monday, July 27, 2020 - 11:50am | 425Read More...Electric vehicle manufacturer Tesla Inc (NASDAQ: TSLA) is "running on borrowed time," as it can only rely on regulatory tax credits for so long, according to GLJ Research's Gordon Johnson. What Happened: Tesla is making a profit on tax credits, but the argument could be made that...
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What Are EV Regulatory Credits And Why Is Tesla Selling So Many Of Them?
Friday, July 24, 2020 - 7:31am | 719Read More...Tesla Inc (NASDAQ: TSLA) reported its fourth consecutive profitable quarter on Wednesday after the company generated 50 cents in GAAP EPS in the second quarter. Despite an earnings and revenue beat, Tesla shares fell 5% on Thursday, and regulatory credits may be to blame. Tesla reported $6.04...
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Tesla's Valuation Still 'Appears Overcharged' Following Q2 Earnings
Thursday, July 23, 2020 - 12:45pm | 854Read More...Tesla Inc (NASDAQ: TSLA) reported a second-quarter earnings beat on Wednesday afternoon. Adjusted EPS of $2.18 on revenue of $6.04 billion both exceeded consensus analyst estimates of 3 cents and $5.37 billion, respectively. Perhaps more importantly, Tesla’s GAAP EPS of 50 cents...
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Tesla Q2 Earnings Preview: A Focus On Profitability, China, S&P 500 Inclusion
Wednesday, July 22, 2020 - 6:51am | 595Read More...Electric vehicle pioneer Tesla Inc (NASDAQ: TSLA) is on deck to report second-quarter results after the market close Wednesday. With the stock soaring to record highs this summer, all eyes are on whether the company's quarterly print will send the stratospheric stock higher...
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Tesla Analyst Sees 'Major Home Run' In Q2 Deliveries Despite Year-Over-Year Declines
Thursday, July 2, 2020 - 1:32pm | 680Read More...Tesla Inc (NASDAQ: TSLA) failed to sustain its 2019 performance level despite new contributions from its Shanghai factory and Model Y. The automaker’s second-quarter deliveries fell 4.8% year over year to about 90,650 units. Notably, the Street expected just 68,380. “In our opinion...
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Gordon Johnson Says SolarEdge 'One Of The Better Shorts In The Market'
Thursday, June 25, 2020 - 12:09pm | 1146Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Tesla Analyst Gordon Johnson: 'I Couldn't Be More Bearish'
Tuesday, June 23, 2020 - 3:19pm | 936Read More...GLJ Research founder Gordon Johnson joined Benzinga’s PreMarket Prep show Tuesday. Among the topics Johnson discussed: electric vehicle leader Tesla Inc (NASDAQ: TSLA) and the recent EV truck IPO Nikola Corporation (NASDAQ: NKLA). Tesla’s Q2: Johnson said Tesla...
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Tesla Bear Gordon Johnson Says Production Cutback Imminent At Giga Shanghai
Friday, June 12, 2020 - 3:06pm | 427Read More...Close on heels of two sell-side downgrades, another analyst is offering a bleak outlook for high-flier Tesla Inc (NASDAQ: TSLA). The Tesla Analyst: GLJ Research's Gordon Johnson maintains a negative bias on Tesla shares and has a year-end price target of $87. The Tesla Thesis: Tesla...
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Tesla's China, Europe Performance Suggests Quarter Will Be One Of Automaker's Weakest, Says Gordon Johnson
Wednesday, June 3, 2020 - 10:41am | 622Read More...Tesla Inc (NASDAQ: TSLA) shares appear to be on track to hit the psychological level of $1,000 — but GLJ Research analyst Gordon Johnson sees trouble ahead. Even as the sell-side drums up Tesla's ability to replicate its success in the U.S. EV market in...
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Musk Threatens To Move Tesla Out Of California Over COVID-19 Lockdown Restrictions
Saturday, May 9, 2020 - 1:46pm | 602Read More...Benzinga’s Take Tesla Inc (NASDAQ: TSLA) investors are likely most concerned with the potential costs of moving Tesla’s operations out of the state of California and whether or not Musk’s threats will expedite the reopening of the Fremont plant. Gordon Johnson of GLJ Research...
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Tesla Analysts Break Down Free Cash Flow, Fremont Shutdown, 2020 Expectations After Q1 Print
Thursday, April 30, 2020 - 12:57pm | 1153Read More...Despite the chaos in the world around Tesla Inc (NASDAQ: TSLA), the automaker reported a strong first quarter Wednesday, with sales of $5.985 billion exceeding a $5.9-billion Street forecast and a bottom line of $1.24 far surpassing expectations of a 36-cent loss. The performance was driven in part...
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Desperate Measures? Here's What Experts Think About The Fed's Interest Rate Cut
Tuesday, March 3, 2020 - 6:00pm | 726Read More...The Federal Reserve on Tuesday cut interest rates by 50 basis points, citing rising coronavirus-related risks to economic activity. The Fed lowered its fed fund target rate range from between 1.5% and 1.75% to a new target range of between 1% and 1.25%. Markets initially popped on the news, but...
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Gordon Johnson Maintains Bearish Tesla Thesis Despite Rally: PreMarket Prep Recap For Feb. 27, 2020
Thursday, February 27, 2020 - 1:17pm | 976Read More...The massive rally in shares of Tesla Motors (NASDAQ: TSLA) from $250 to as high as $968 over the last several months has not changed one bearish analyst’s mind on the stock. Gordon Johnson, founder of GLJ Research, maintained his long-held bearish view on Thursday’s PreMarket Prep,...
















