Tesla Steers Solid Growth Prospects: ETFs To Buy
Zacks Investment Research | Jun 06, 2019 11:45PM ET
After being beaten badly last month on the growing concerns over vehicle demand and the company’s cash flow, Tesla Motors (NASDAQ:TSLA) rebounded strongly to start in June, gaining more than 12%. The stock is comfortably trading above $200.
Per the latest report by Electrek, Tesla delivered 33,000 vehicles in North America so far this quarter and is aiming to supply additional 33,000 cars in the final month of the current quarter. In order to meet this goal, the electric maker is offering a bonus of $1,200 to every sales employee and that of $550 to every delivery employee if the automaker delivers 33,000 vehicles in June. Additionally, if deliveries hit 36,000 during the month, Tesla will double these bonus amounts (read: Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.