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- S&P 500 volatile in choppy trading; Mideast deal, SpaceX debut in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil nears two-month lows on reports of imminent US-Iran peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Wall St set to gain on tech rebound, Middle East in focus
Tesla (TSLA) Removes Type 2 Charging Cables in Hong Kong
September 6, 2022 2:41 PM EDTA recent report from insideevs.com claims a number of Tesla Model S and Model X owners have noticed some V2 Supercharging locations are missing the Type 2 cables, leaving only... More
Waiting for EV Seasonal Demand; Morgan Stanley Says September is Crunch Time
September 6, 2022 11:25 AM EDT
China's EV market registered steady sales despite power rationing and a fresh round of Covid lockdowns. Entering September, China's weekly EV run rate is hovering at around 120k units. That's up 24% MoM but largely flat WoW after the month-end sales push in August.
Even as Chinas EV numbers track slightly behind the seasonal norm into early September, Morgan Stanley analyst, Tim Hsiao believes that it is still too early to say there's no meaningful seasonality this year.
Both NIO... More
Goldman Sachs Remains Bullish on Tesla (TSLA) After Meeting
September 6, 2022 7:21 AM EDTElectric vehicle maker, Tesla (NASDAQ: TSLA) is trading up in pre-market on Tuesday following a note by Goldman Sachs analyst, Mark Delaney. Delaney reiterated a Buy rating and $333.33 price target on TSLA after meeting with the companys VP of Investor Relations, Martin Viecha.
Tesla believes that consumers will increasingly move toward EVs, even as it is too soon to quantify the effects of the newly signed Inflation Reduction... More
California Asks EV Owners to Limit Charging as Heat Wave Tests Power Grid
September 2, 2022 2:52 PM EDTJust a week after approving a plan to ban the sale of new gasoline cars, California asked electric vehicle owners this week to limit when they plugged in to charge.
The California Independent System Operator, which manages the states power grid, sent a Flex Alert asking all residents to voluntarily reduce their electricity use between 4 p.m. and 9 p.m. on Wednesday and Thursday and warned that more alerts were possible through the Labor Day weekend.
The alert was sent out as temperatures are expected to reach triple digits in many parts of the state. High... More
Insurance Company Admits it Staged Tesla (TSLA) Fire During Crash Test
September 2, 2022 2:12 PM EDTA video of a crash test posted by the Swiss Auto Trade Association shows a yellow Tesla (NASDAQ: TSLA) racing towards an obstacle and then flipping over, landing upside down on its roof. Moments later, a pop erupts from the engine and the front half of the car bursts into flames.
The insurance... More
