UPDATE: Canaccord Genuity Upgrades Tesla (TSLA) to Buy, 'our focus shifts to storage'
- Wall St drops as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Tesla (TSLA) Outperforms Nasdaq, Up 3%
April 12, 2021 10:01 AM EDTTesla (NASDAQ: TSLA) Outperforms Nasdaq, Up 3%
Earlier Canaccord Genuity Upgrades Tesla (TSLA) to Buy... MoreFord's (F) Mustang Mach-E Won't Start for Some Owners - Report
April 9, 2021 12:09 PM EDTFord Motor's (NYSE: F) new, popular EV the Mustang Mach-E is giving some early owners a headache, according to a report Thursday from The Verge. In some cases, the EV won't start despite having a full main battery. This appears to be related to how a much smaller 12-volt battery... More
Active options: AAPL TSLA PLTR FUBO NIO SQ BABA AMZN FB GE SNAP
April 9, 2021 11:00 AM EDTActive options: AAPL TSLA PLTR FUBO NIO SQ BABA AMZN FB GE SNAP
... MoreTesla (TSLA) China Numbers 'Robust' - Wedbush
April 9, 2021 8:38 AM EDTWedbush analyst Daniel Ives reiterated an Outperform rating and $1,000.00 price target on Tesla (NASDAQ: TSLA) following "robust" China numbers.
Ives notes, for March, Tesla delivered 35.5k vehicles during the month which were roughly doubling from the month of February and... More
China Car Sales Up 69% in March to Return to Pre-Pandemic Levels; Tesla (TSLA), EV Sales Explode
April 9, 2021 6:25 AM EDTThe latest data from the China Passenger Car Association (CPCA) shows that car sales soared in March to contribute to the strongest quarterly growth in recent decades.
Compared to a pandemic-defined quarter last year, retail sales of cars exceeded 5 million for the quarter to end March, the data... More
Tesla (TSLA) Sells 35,478 Locally-Made Cars in China in March - Bloomberg
April 9, 2021 6:07 AM EDTTesla (NASDAQ: TSLA) Sells 35,478 Locally-Made Cars in China in March - Bloomberg
Active options: AAPL TSLA FB NIO PLTR MSFT AMD T VIAC AMZN BAC SOS
April 9, 2021 3:47 AM EDTActive options: AAPL TSLA FB NIO PLTR MSFT AMD T VIAC AMZN BAC SOS
... MoreActive options: AAPL TSLA MSFT FB NIO SOS AMZN AMD BAC AAL
April 8, 2021 10:49 AM EDTActive options: AAPL TSLA MSFT FB NIO SOS AMZN AMD BAC AAL
... MoreTesla lashes out at German red tape ahead of planned site opening
April 8, 2021 7:41 AM EDTBERLIN (Reuters) - Tesla sharply criticised lengthy regulatory processes in Germany ahead of the planned opening of its first European gigafactory this summer.
Tesla plans to have the factory up and running by July 1, 2021 to start building its electric crossover, the Model Y but the process has been slow and complicated by environmental disputes.
In... More
Apple (AAPL) Analyst Hosts Call with EV Battery Expert Yielding 3 Takeaways
April 8, 2021 6:42 AM EDTUBS analyst David Vogt reiterated a Buy rating and $142.00 price target on Apple (NASDAQ: AAPL) after hosting a call with a 30 year battery expert to discuss the BEV market. The three key takeaways were:
1) Batteries currently represent the largest cost bucket of a BEV with battery with costs of ~$150 kWh or $7,500. To... More
Stocks expected to have increasing option volume: TSLA FSR WORK NIO NIU NKLA
April 8, 2021 5:09 AM EDTStocks expected to have increasing option volume: TSLA FSR WORK NIO NIU NKLA
... MoreActive options: AAPL T TSLA SOS NIO FB SNAP AMZN AMD MSFT VIAC NCLH
April 8, 2021 4:05 AM EDTActive options: AAPL T TSLA SOS NIO FB SNAP AMZN AMD MSFT VIAC NCLH
... MoreTesla scouts for showroom space in India, hires executive for lobbying: sources
April 8, 2021 2:37 AM EDTBy Aditi Shah and Aditya Kalra
NEW DELHI (Reuters) - Tesla Inc is scouting for locations to open showrooms in three Indian cities and has hired an executive to lead its lobbying and business efforts ahead of its planned entry into the country, sources familiar with the discussions told Reuters.
The electric-car maker in January registered a local company in India, where it is expected to import and sell the Model 3 sedan by as early as mid-2021, seeking to target rich customers in a niche market.
The world's most valuable automaker by market capitalisation is looking for... More