Exclusive-Tesla to keep output at upgraded Shanghai plant below maximum -sources

Elon Musk: 'Cybertruck will be waterproof enough to serve briefly as a boat'

Tesla (NASDAQ: TSLA) CEO, Elon Musk posted on Twitter (NYSE: TWTR) Thursday that the companys much-anticipated Cybertruck will be waterproof enough to serve briefly as a boat, so it can cross rivers, lakes & even seas that arent too choppy.

Musk went on replying to his own tweet saying that the truck Needs be able to get from Starbase to South... More

Wedbush Previews Tesla (TSLA) AI Day; Reiterates Outperform

Shares of Tesla, Inc. (NASDAQ: TSLA) are down 4.82% in mid-day trading ahead of the companys AI day tomorrow. Wedbush reiterated an Outperform rating with a price target of $360. The much-anticipated event is expected to feature several next generation technologies highlighting the R&D initiatives underway, including the companys humanoid robot along with further updates on FSD and Dojo.

The electric vehicle company is set to unveil a prototype of its humanoid robot, Optimus, which in theory will help users perform repetitive and dangerous tasks that will be able to drive... More

Piper Sandler Updates 3Q Delivery Expectations; Remains Bullish on Tesla (TSLA)

Shares of Tesla, Inc. (NASDAQ: TSLA) are down 1.67% in pre-market trading, Thursday after Piper Sandler updated their 3Q delivery expectations for the company. Piper Sandler reiterated an Overweight rating on the stock but cut the price target to $340 ($360 previously).

The investment company addressed changes to their expectations in a note along with speaking on client concerns regarding Tesla's positioning in China, given mid-August pricing noise.

Piper Sandler believes that consensus... More

Tesla (TSLA) PT Lowered to $340 at Piper Sandler, 'Still OW After Updating Q3 Ests. & Scrutinizing Concerns re: China Market Share'

Piper Sandler analyst Alexander Potter lowered the price target on Tesla (NASDAQ: TSLA) to $340.00 (from $360.00) while maintaining a Overweight rating.

The analyst comments "Recently, there has been an up-tick in client questions regarding Tesla's positioning in China, given mid-August pricing noise. We've also... More

Morgan Stanley and Citi Remain Bullish ahead of Tesla (TSLA) AI Day and 3Q Delivery Numbers

Tesla, Inc. (NASDAQ: TSLA) is down 1.96% in pre-market trading on Wednesday ahead of the companys anticipated AI day on September 30th and 3Q delivery release.

Morgan Stanley analyst, Adam Jonas believes that the companys AI day is linked to CEO Elon Musks Master Plan X which will outline a mass industrialization of EVs and supporting supply chain that could see Tesla require... More

Tesla (TSLA) will Hold Shanghai Production Below Maximum Through End of Year

Reuters reports today that electric vehicle giant, Tesla Inc. (NASDAQ: TSLA) plans to hold production at its Shanghai plant at about 93% of capacity through the end of year. The story cites two people with knowledge of the matter.

The sources did not give a reason for the decision not to run the plant at full capacity, though one said the... More