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

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Tesla EV sales boom in Singapore, pushing rivals' models off the streets

October 28, 2021 1:49 AM EDT

By Chen Lin

SINGAPORE (Reuters) - In wealthy Singapore, where new vehicle registration is tightly controlled to manage the city state's traffic and pollution, Tesla Inc is having a moment: surging sales are gobbling up rivals' market share.

The buying frenzy in one of the world's most expensive places to own a vehicle - Tesla's most basic Model 3 costs nearly S$200,000 ($148,300) in Singapore, largely due to an ownership levy, compared with less than $40,000 in the United States - underscores the U.S. firm's ascent in the global auto industry.

This week, Tesla surpassed $1 trillion in market value,... More

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

October 27, 2021 10:10 AM EDT

Wedbush analyst Daniel Ives has weighed in on the deal that will see a car rental company Hertz order 100,000 EVs from Tesla (NASDAQ: TSLA), as well as todays announcement that Uber will make 50,000 of Hertzs Teslas available for its gig drivers.

Starting November 1, Uber drivers can rent Teslas from Hertz in four major cities across the US,... More