Tesla (TSLA) Stock Falls in Premarket After Recalling Over 475k Vehicles for Camera, Latch Issues

Tesla (TSLA) PT Raised to $295 at JPMorgan, Reiterates Underweight

JPMorgan analyst Ryan Brinkman raised the price target on Tesla (NASDAQ: TSLA) to $295.00 (from $250.00) while maintaining a Underweight rating.

The analyst comments "Our Underweight rating considers notable investment positives, including a highly differentiated business model, appealing product portfolio, and leading-edge technology, which... More

Tesla (TSLA) Stock Soars 7% in Premarket After Smashing 4Q Delivery Estimates, Numbers Seen as 'Jaw Dropping'

Shares of Tesla (NASDAQ: TSLA) are up nearly 7% in pre-open Monday after the company delivered better-than-expected Q4 deliveries.

Tesla said it delivered 308,600 EV units in the fourth quarter of 2021, which marks a new record-setting quarterly performance. This compares to the Street consensus of 267,000, according to FactSet.

The highest-ranked estimate was 292,000.

Tesla previously delivered more than 305,000 cars in a single quarter. In Q3, Tesla delivered 241,300 cars.

For the full year, Elon Musks company delivered 936,172 vehicles, nearly double of 499,647 it delivered for 2020.

A few days ago, Deutsche Bank analyst... More

Tesla (TSLA) Stock Price Slips Again in Premarket on Two Fresh Negative Catalysts from China

Shares of Tesla (NASDAQ: TSLA) are down 0.5% in pre-open Friday trading after Chinese regulators said the EV giant will recall 19,697 imported model S vehicles, 35,836 imported model 3s, and 144,208 China-made Model 3 vehicles in China.

The total number of recalled vehicles is nearly 200,000 units, which adds... More

Citi Sees Strong Q4 Trends for US Carmakers, Raises Price Targets to GM (GM) and Ford (F), PT for Sell-Rated Tesla Hiked to $262

Citi analyst Itay Michaeli raised price targets on General Motors (NYSE: GM), Ford (NYSE: F), and Tesla (NASDAQ: TSLA) after observing strong Q4 trends and other industry/company data points.

A new PT for the Buy-rated GM is $96.00 (up from $90.00) to reflect strong Q4 trends as well as GMs prior positive Q4 pre-announcement.

Our updated 2022-23 EPS estimates are above... More

SpaceX Raises $337 Million in Fresh Funding, Elon Musk Hits Back at Critics

Elon Musks SpaceX has raised $337.4 million in fresh funding, according to a regulatory filing on Wednesday.

The latest funding round comes just two months after SpaceX raised funds through a secondary share sale. CNBC reported at that time that SpaceX hit a $100 billion valuation. It is still... More