Tesla (TSLA) will Hold Shanghai Production Below Maximum Through End of Year
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Elon Musk: 'Cybertruck will be waterproof enough to serve briefly as a boat'
September 29, 2022 11:54 AM EDTTesla (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
September 29, 2022 11:36 AM EDTShares 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)
September 29, 2022 7:18 AM EDTShares 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'
September 29, 2022 6:13 AM EDTPiper 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
September 28, 2022 7:48 AM EDTTesla, 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 to keep output at upgraded Shanghai plant below maximum -sources - Reuters
September 27, 2022 7:06 AM EDTTesla to keep output at upgraded Shanghai plant below maximum -sources - Reuters
... MoreExclusive-Tesla to keep output at upgraded Shanghai plant below maximum -sources
September 27, 2022 7:05 AM EDTSHANGHAI (Reuters) - Tesla plans to hold production at its Shanghai plant at about 93% of capacity through the end of year, despite a recent upgrade, two people with knowledge of the matter said, in a rare move for the U.S. maker of electric vehicles.
Since the plant opened in its second largest market in late 2019, Tesla has sought to run the facility in China's commercial hub at full capacity, and recently upgraded its weekly output by 30%, to a maximum of 22,000 vehicles.
The sources, who spoke on condition of anonymity as the matter is not... More
Tesla (TSLA) Asks Employees to help with 'Very High Volume' of Deliveries
September 27, 2022 6:52 AM EDTOver the past year, Tesla's (NASDAQ: TSLA) CEO, Elon Musk, expressed his desire to move away from the company's model that results in large delivery pushes at the end of the quarter. This 3Q was expected to be more manageable. However, an email obtained by Electrek shows that the... More
Active options: TSLA AAPL PBR AMZN AMD NVDA META BAC GOOGL
September 26, 2022 3:34 PM EDTActive options: TSLA AAPL PBR AMZN AMD NVDA META BAC GOOGL
... MoreActive options: TSLA AAPL AMZN AMD NVDA COIN BBBY META MSFT AMC F
September 26, 2022 9:45 AM EDTActive options: TSLA AAPL AMZN AMD NVDA COIN BBBY META MSFT AMC F
... MoreAs Fire Breaks Out at Tesla (TSLA) Gigafactory Locals are Calling for Production to Stop
September 26, 2022 8:17 AM EDTA fire broke out in the early hours Monday morning at Tesla's (NASDAQ: TSLA) Gigafactory in Grünheide. The fire department was called at 3:33am by Tesla after a pile of cardbnoard was said to caught fire on the north-eastern part of the factory.
According to district fire chief Klaus-Peter Schulz, there is a small recycling plant there. "There, packaging material is recycled and shredded on the spot." Tesla... More
Fisker (FSR) to Sell Ocean Electric SUV in India; Aims for Local Production
September 26, 2022 7:15 AM EDTAccording to a weekend Reuters report, American electric vehicle startup, Fisker Inc. (NYSE: FSR) will begin selling the company's Ocean electric SUV in India next July. According to the company's CEO, Henrik Fisker, the electric automaker could also begin manufacturing its cars locally within the next few years.
Henrik Fisker told the media the the company wants to secure a first-mover advantage."Ultimately, India will go full electric. It may not... More
Fire Reported at Tesla (TSLA) Giga Berlin Factory
September 26, 2022 6:30 AM EDTA fire broke out at Tesla's (NASDAQ: TSLA) Gigafactory in Berlin, according to local reports. The fire is said to be largely under control at this time.
... MoreTesla (TSLA) 30-day option implied volatility into Tesla AI Day 2022
September 26, 2022 5:05 AM EDTTesla (NASDAQ: TSLA) 30-day option implied volatility is at 63; compared to its 52-week range of 36 to 84 into Tesla AI Day 2022 on September 30 in Palo Alto, CA.
... MoreActive options: TSLA AAPL AMD AMZN NVDA GOOGL F MSFT
September 23, 2022 9:46 AM EDTActive options: TSLA AAPL AMD AMZN NVDA GOOGL F MSFT
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