'No Rival to Get Even Close' - Tesla (TSLA) Shares Soar as UBS Raises Price Target by Nearly 40%

Go back to 'No Rival to Get Even Close' - Tesla (TSLA) Shares Soar as UBS Raises Price Target by Nearly 40%

Tesla (TSLA) PT Raised to Street High $1,580 at New Street Research on 'Multiple Strong Catalysts'

December 8, 2021 8:00 AM EST

(Updated - December 8, 2021 8:05 AM EST)

New Street Research analyst Pierre Ferragu raised the price target on Tesla (NASDAQ: TSLA) to Street High $1,580.00 (from $1,298.00) while maintaining a Buy rating, citing multiple strong catalysts.

The analyst comments "Continued ramp despite supply challenges.... More

Tesla's (TSLA) China Sales Down 2.9% in November

December 8, 2021 7:57 AM EST

Tesla (NASDAQ: TSLA) sold 52,859 China-made EV units last month, according to the China Passenger Car Association (CPCA).

This number compares to 54,391 sold in October. The company exported 21,127 vehicles in November, which compares to 40,666 exported in November.

Other than Tesla, Nio... More

Tesla's Musk says Biden's electric vehicle bill should not pass Congress

December 6, 2021 9:35 PM EST

SAN FRANCISCO (Reuters) -Tesla Inc Chief Executive Officer Elon Musk said on Monday that Congress should not approve the Biden administration's bill to boost subsidies for electric vehicles (EVs), saying the proposal would worsen the U.S. budget deficit.

The billionaire entrepreneur is escalating criticism about the administration and Democrats for a proposal to give union-made, U.S.-built electric vehicles an additional $4,500 tax incentive. Tesla and foreign automakers do not have unions at their U.S. factories.

"Honestly, it might... More

Tesla (TSLA) PT Raised to $950 at RBC Capital

December 6, 2021 7:22 AM EST

RBC Capital analyst Joseph Spak raised the price target on Tesla (NASDAQ: TSLA) to $950.00 (from $800.00) while maintaining a Sector Perform rating.... More

Elon Musk Offloads More Tesla (TSLA) Shares, Selling Tops $10 Billion; Here's How Much He Could Still Sell

December 3, 2021 5:37 AM EST

Elon Musk exercised options to acquire more Tesla (NASDAQ: TSLA) shares before selling another 934,091 shares worth around $1.01 billion. Musk exercised options to buy 2.1 million of Tesla stock.

Musk is likely to exercise more options with about 10 million more shares available at $6.24... More