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Tesla (TSLA) Shares Trade to Low of Day

August 26, 2022 2:15 PM EDT

Tesla (NASDAQ: TSLA) Shares Trade to Low of Day

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Argus Out Bullish on Tesla (TSLA)

August 26, 2022 1:39 PM EDT

Argus analyst Bill Selesky reiterated a Buy rating and $374.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "We expect Tesla to report strong revenue and higher automotive gross margins over the remainder of the year, setting the stage for further... More

Tesla (TSLA) Launches Cheaper Model Y in Europe

August 26, 2022 10:17 AM EDT

Tesla (NASDAQ: TSLA) updated their online configurator today to include a new base version of the Model Y. The new version is a rear-wheel-drive Standard Range model that is currently only available in Europe.

According to Electrek, TSLA lists the new version of the Model Y in Europe as available from Dec 2022-Feb 2023.

The new version of the Model Y is listed as Rear-Wheel-Drive and features a range of 455 km (283 miles) compared to the already available Long... More

Jefferies Analyst Visits Tesla (TSLA) Berlin Plant

August 26, 2022 9:27 AM EDT

Jefferies analyst, Philippe Houchois adjusted their price target for Tesla (NASDAQ: TSLA) to reflect the electric car companys recent 3:1 stock split. The companys new price target for 12 months is $350.

Houchois spent a day in investor meetings with a visit... More

Panasonic in Talks to Build Additional $4B EV Battery Plant in U.S.

August 26, 2022 8:18 AM EDT

The Wall Street Journal reported Friday that the Japanese conglomerate, Panasonic is in discussions to build an additional roughly $4 billion EV battery plant in the U.S.

Citing people familiar with the matter, the report says that Panasonic is looking at Oklahoma as the location for its new plant, though there are no guarantees that an agreement will be reached. However, if the agreement comes through, the new plant will come in addition to a roughly $4... More