Tesla (TSLA): Hertz Deal a 'Tipping Point' for EV Adoption and Expect GM (GM) and Ford (F) to Also Benefit; Robotaxis a 'Reality' for TSLA in Next 2-3 Years - Wedbush

Tesla (TSLA) Stock Price Raised at Piper Sandler to $1,300 on Three Insights That are Overlooked

October 28, 2021 7:42 AM EDT

Piper Sandler analyst Alexander Potter reiterated an Overweight rating on Tesla (NASDAQ: TSLA) and raised the price target to $1,300.00 per share from the prior $1,200.00.

While other Street analysts used the Hertz deal as an excuse to further boost their price targets on the Tesla stock, Potter outlines three other insights that he thinks are getting overlooked.

"Tesla Killer" EV launches from other brands have generally fallen flat: Potter... More

Ford Motor (F) Stock Rallies After Smashing Estimates and Raising Guidance, Reinstated Dividend, Analysts Bulled-up

October 28, 2021 6:50 AM EDT

Shares of Ford Motor (NYSE: F) are up over 10% in pre-open Thursday after the company reported better-than-expected Q3 earnings and raised full-year guidance.

Ford Motor reported Q3 EPS of $0.51 to crush the analyst estimate of $0.27. Revenue for the quarter came in at $35.7 billion versus the consensus estimate of $33.11 billion.

This is the most exciting Ford lineup Ive seen, but what matters is that customers love our new products and services and were just getting started. The trajectory of our business gives us huge confidence in Ford+, and... More

Uber (UBER) Partners With Hertz to Offer 50,000 Tesla (TSLA) Rentals to its Drivers

October 27, 2021 7:40 AM EDT

Hertz and Uber (NYSE: UBER) have announced a partnership that will see the mobility and delivery company offering 50,000 Tesla (NASDAQ: TSLA) EVs by 2023 for its gig drivers.

Two companies said this partnership marks the largest expansion of EVs on a mobility platform in North America. As of next Monday, Uber drivers... More

Biggest Single EV Purchase Ever: Tesla (TSLA) Stock Soars as Hertz Orders 100,000 EVs in $4.2 Billion Deal, Analyst Bulled-up

October 25, 2021 9:25 AM EDT

Hertz, a car rental company, announced today it has ordered 100,000 electric vehicles (EVs) produced by Tesla (NASDAQ: TSLA). The order should be delivered by the end of 2022 and represents the single-biggest EV order ever, reportedly worth $4.2 billion.

Tesla stock price is up 4.5% in pre-open Monday.

"Electric vehicles are now mainstream, and we've only just begun to see rising global demand and interest. The new Hertz is going to lead the way as a mobility company, starting with the largest EV rental fleet in North America and a commitment to grow... More