Tesla (TSLA) Model Y Earns 5-Star safety Rating from Euro NCAP

Musk Says Owners Should Get $100 Credit if Tesla (TSLA) Changes Service Appt Times

With electric vehicles becoming prevalent in the world, it stands to reason that most may eventually need maintenance. However, with supply chains still experiencing slowdowns, some Tesla (NASDAQ: TSLA) owners are having to wait.

A recent tweet by a Tesla owner to... More

General Motors (GM) to Develop Platform Targeting Chinese Affluent

An exclusive from Reuters reports today that American carmaker, General Motors (NYSE: GM) is planning to target affluent Chinese consumers with niche, luxury imports using a new direct sales platform called Durant Guild.

Using the platform, the company will host invitation-only events to showcase possible products, open "experience centers" in urban hubs and potentially stage pop-ups at selected sites.

"Durant Guild is not a volume play, but if we do a good job and the products sell well,... More

Tesla (TSLA) Reports Strong August Sales Numbers in China

Tesla (NASDAQ: TSLA) reported their Chinese sales numbers for August selling 76,965 Chinese-made vehicles. According to Reuters, the company nearly tripled its sales from a month ago when scheduled upgrades disrupted most production.

The China Passenger Car Association (CPCA) said the electric carmaker exported 42,463 Model 3s and Model Ys from China last month. In July, it sold 28,217 vehicles and exported... More

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Active options: TSLA AAPL NIO BBBY NVDA AMD AMZN BAC PLUG TWTR

Tesla (TSLA) Cuts Delivery Time by 6 Weeks in China

Reuters reported late Tuesday that electric vehicle maker, Tesla (NASDAQ: TSLA) has shortened delivery waiting times for their Model 3 and Model Y cars in China. According to the companys Chinese website, the delivery period has been shortened to a maximum of 14 weeks.

The... More

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Active options: TSLA AAPL AMZN NVDA BBBY AMD GOOGL META CHPT

Tesla (TSLA) Removes Type 2 Charging Cables in Hong Kong

A 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

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

Tesla (TSLA) Poised for 'Super Record Quarter' with Deliveries That Could Exceed 500K - Chowdhry

Global Equities Research analyst Trip Chowdhry offered some positive takeaways on Tesla (NASDAQ: TSLA) following his latest factory checks. Chowdhry said the EV maker is "poised for a super record quarter."

Chowdhry highlighted the following after his Fremont factory checks:

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Active options: TSLA AAPL BBBY CHPT NVDA AMZN AMD META DWAC ISEE

Pre-Open Movers: ADT Jumps on State Farm Deal, Bed Bath Falls on CFO's Death

Pre-Open Stock Movers:

Digital World Acquisition Corp (NASDAQ: DWAC) 21% LOWER; Report Company Failed to Secure Shareholder Support for One-year Extension to Complete Deal

Bed Bath & Beyond (NASDAQ: BBBY) 15% LOWER; CFO, Gustavo Arnal, was found dead on Friday in an apparent suicide.

ADT Inc. (NYSE: ADT) 15% HIGHER; ADT and State Farm, the 100-year good neighbor and largest insurer of homes in the... More

Goldman Sachs Remains Bullish on Tesla (TSLA) After Meeting

Electric 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

Tesla (TSLA) Stock Pops as IRA Prompts Analyst to Upgrade to Outperform

Shares of Tesla (NASDAQ: TSLA) are up over 1% in premarket Tuesday after Wolfe Research analyst Rod Lache upgraded shares to Outperform from Market Perform with a $360 per share price target.

The upgrade move, as well as reiterated Outperform rating on General Motors (NYSE: GM), reflects raised... More

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Active options: TSLA AAPL NVDA AMZN AMD META BBBY AMC MSFT GOOGL

UPDATE: Wolfe Research Upgrades Tesla (TSLA) to Outperform

(Updated - September 6, 2022 5:17 AM EDT)

Wolfe Research analyst Rod Lache upgraded Tesla (NASDAQ: TSLA) from Peerperform to Outperform with a price target of $360.00.

The analyst comments "More importantly, we now see $16 EPS by 2025. Exhibits 12-16 provide details behind our mid-decade forecasts. We've taken a closer look at the Automotive business, breaking down profitability by region. Currently, we believe China-produced vehicles are Tesla's most profitable... More