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Tesla Motors Inc (NASDAQ:TSLA) developing its own “advanced” lithium-ion battery cells

By on June 27, 2019 0

Tesla Motors Inc (NASDAQ:TSLA) has powered its electric cars using Panasonic’s battery cells for years, but it may ready for a greater degree of independence going forward. Employees talking to CNBC claim that Tesla is developing its own “advanced” lithium-ion battery cells as well as the processes to manufacture them at scale. The company reportedly conducts some of its research at a “skunkworks” facility minutes away from its Fremont plant.

Tesla Motors Inc (NASDAQ:TSLA)’s stock on Wednesday traded at beginning with a price of $220.31 and when day-trade ended the stock finally plummeted -0.22% to reach at $219.27. Analyst’s mean target price for TSLA is $280.31 while analysts mean recommendation is 2.90. Stock value has moved between $176.83 – 384.68 in last one year. 

Analyst’s ratings determines the future of any company. Stock has got OUTPERFORM rating from 4 analyst(s) whereas last month 3 analyst(s) have given outperform rating. SELL rating has been given by 4 analyst(s) and 7 analyst(s) given BUY rating to the stock. Company fiscal year is ending in December and analysts’ consensus recommendation is hold for TSLA and estimated EPS for next quarter is -0.61. 

Tesla Motors Inc (NASDAQ:TSLA) yearly performance is -34.16% and net profit margin is -4.30%. Annual EPS Growth of past 5 years is -56.00%. The current share price indicates that stock is -43.41% away from its one year high and is moving 23.89% ahead of its 52-week low. 



On 26 June 2018, KeyCorp (NYSE:KEY) stock price started the day at $17.09 and moved between $17.28-$17.06 to finally close at $17.17. KEY’s distance from 20 day simple moving average is 1.90% and distance from 50-Day simple moving average is 1.18%. In last 4 months performance of KEY was 11.71% while its price to sale ratio is 3.43 and price to book ratio is 1.19. 

Analysts expect KeyCorp (NYSE:KEY) to report 0.44 EPS and has got OUTPERFORM rating from 7 of Thomson Reuters analysts and 1 analyst(s) given UNDERPERFORM rating. Analyst’s mean target price for KEY is $19.09 while analysts mean recommendation is 2.20. Firm LT growth rate is estimated as 3%. 



Wipro Limited (NYSE:WIT)’s stock on Wednesday traded at beginning with a price of $4.36 and when day-trade ended the stock finally edged up 0.46% to reach at $4.35. Analyst’s mean target price for WIT is $3.97. Stock value has moved between $3.54 – 4.63 in last one year. 

Stock has got OUTPERFORM rating from 0 analyst(s) whereas last month 0 analyst(s) have given outperform rating. SELL rating has been given by 1 analyst(s) and 0 analyst(s) given BUY rating to the stock. Company fiscal year is ending in March and analysts’ consensus recommendation is underperform for WIT and estimated EPS for next quarter is 1. 

Wipro Limited (NYSE:WIT) yearly performance is 21.34% and net profit margin is 15.40%. Annual EPS Growth of past 5 years is 4.70%. The current share price indicates that stock is -5.95% away from its one year high and is moving 23.14% ahead of its 52-week low. 

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