Tesla appeals federal order on Musk tweet

  • Tesla (NASDAQ:TSLA) is appealing a federal agency's order that a Twitter post discouraging union organizing be deleted from CEO Elon Musk's account.
  • The National Labor Relations Board determined that a May 2018 tweet by Musk unlawfully threatened employees with the loss of stock options if they decided to be represented by a union and ordered the tweet be deleted.
  • Tesla's appeal was filed Friday at the 5th U.S. Circuit Court of Appeals in New Orleans.
  • Musk's 2018 tweet: "Nothing stopping Tesla team at our car plant from voting union. Could do so tmrw if they wanted. But why pay union dues and give up stock options for nothing? Our safety record is 2X better than when plant was UAW & everybody already gets healthcare."

    Over the current book year the company from Palo Alto's total revenue could be around 49.07 billion USD (consensus estimates). This is hugely more than 2020's revenue of 31.54 billion USD.

    Historical revenues and results Tesla plus estimates 2020

    fundamenteel onderzoek

    The analysts expect for 2021 a net profit of 4.77 billion USD. The majority of the analysts expects for this year a profit per share of 4.28 USD. Based on this the price/earnings-ratio is a very high 172.63.

    Analysts don't expect the company to pay a dividend. The average dividend yield of the automobile producers is an attractive 2.75 percent.

    Most recent target prices around 743 USD

    The most recent recommendations for the automobile producer are from Credit Suisse , Jefferies & Co. and UBS .

    Tesla 's market value equals around 668.66 billion . The Tesla stock was the past 12 months quite volatile. Since last April the stock is even 396 percent higher. This year the stock price moved between 135 and 900 dollar.

    Historical stock prices Tesla

    fundamental research teslamotors

    On Thursday the stock closed at 738.85 USD.

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