|Bid||383.15 x 200|
|Ask||383.25 x 100|
|Day's range||379.35 - 386.99|
|52-week range||178.19 - 386.99|
|PE ratio (TTM)||-80.40|
|Earnings date||1 Aug. 2017 - 7 Aug. 2017|
|Dividend & yield||N/A (N/A)|
|1y target est||286.50|
Electric carmaker Tesla said Thursday it was considering ways to enter music streaming amid a report it may launch a unique new service. The high-end carmaker, which already has a tie-up with streaming leader Spotify in some international markets, said it was aiming at ways to please drivers. The company was responding to a report that Tesla had reached out directly to major music labels about creating its own service.
Tesla said Thursday it was considering the possibility of manufacturing in China as it ramps up for expansion of its line of electric-powered cars. The statement said Tesla would make a decision on production in China by the end of the year. "Tesla is deeply committed to the Chinese market, and we continue to evaluate potential manufacturing sites around the globe to serve the local markets," the statement said.
The driver killed in the 2016 crash of a Tesla Model S took his hands off the wheel while using autopilot despite repeated warnings not to do so, government investigators have found. The National Transportation Safety Board said the driver had been using the semi-autonomous driver assistance system for extended periods when his car crashed into a 53-foot freight trailer west of Williston, Florida. The National Highway Traffic Safety Administration earlier this year also found that Tesla's Autopilot system was not at fault in the May 2016 crash.