Tesla (TSLA) Breaks China Monthly Sales Record

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Tesla (TSLA) Model Y Becomes Best-Selling Car in Germany

October 12, 2022 8:20 AM EDT

Electric vehicle maker, Tesla (NASDAQ: TSLA) continues to be the best-selling BEV in Germany after reporting September numbers showing that the company sold almost 14k units in the country, over 6% market share. While Tesla has long been the best-selling BEV in Germany, in September it was the best-selling car, considering all powertrains overtaking local best-selling models from... More

China Adds Tesla (TSLA) Models S/X to Purchase Tax Exemption List

October 11, 2022 8:02 AM EDT

Chinas Ministry of Industry and Information Technology (MIIT) recently released its updated Catalogue of New Energy Vehicle Models Exempted from Vehicle Purchase Tax, and it included Teslas (NASDAQ: TSLA) new Model S and Model X vehicles. The two flagship vehicles are now... More

Goldman Sachs Updates Auto Forecast: 'We Prefer TSLA and GM'

October 11, 2022 7:47 AM EDT

Goldman Sachs updated their automotive industry forecast to reflect continued macroeconomic and financial market headwinds along with easing chip constraints and added policy support for electric vehicles. Overall, Goldman Sachs global auto forecast for production and sales moves slightly lower for 2023-2025. However, EV assumptions increased.

Goldman Sachs continues to expect auto production to trend higher from a low base as chip shortages ease, although they expect the magnitude to be impacted by softer demand. Overall, global auto production is now expected to be 81.7/82.8/85.6/87.3 mn (vs. 78.9/84.1/88.4/90.2 mn prior).

Analyst, Mark... More

Morgan Stanley Cuts Price Target on Tesla (TSLA)

October 10, 2022 12:34 PM EDT

Morgan Stanley reiterated an Overweight rating and cut the price target on Tesla, Inc. (NASDAQ: TSLA) to $350 (from $383) following the companys 3Q delivery miss. Morgan Stanley believes the factors that drove to Teslas weaker than expected 3Q production and deliveries could... More

Tesla (TSLA) 1 call to 1 put as shares amid Elon Musk Twitter (TWTR) headlines

October 10, 2022 4:17 AM EDT

Tesla (NASDAQ: TSLA) October weekly call option implied volatility is at 67, October is at 76; compared to its 52-week range of 36 to 84 into the expected release of quarter results on October 19. Call put ratio 1 call to 1 put.

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Guggenheim Remains Sidelined on Tesla (TSLA) Following Weak 3Q Volumes

October 7, 2022 11:36 AM EDT

Guggenheim reiterated a Neutral rating on Tesla (NASDAQ: TSLA) after the electric vehicle company reported weaker than expected 3Q volume. Analyst, Ali Faghri further examined the automakers potential demand issues in China, and whether those issues could spill over into the US and European markets.

Teslas wait times in China have rapidly declined in recent months, going from 20+ weeks at the peak this summer to 1 to 4 weeks more recently. While Guggenheim thinks ramping supply out of TSLA's Shanghai factory explains part of the wait time normalization, Faghri believes that... More

PepsiCo confirms Tesla Semi truck deliveries to start in December

October 7, 2022 11:08 AM EDT

By Jessica DiNapoli and Uday Sampath Kumar

(Reuters) -PepsiCo Inc confirmed on Friday it would take delivery of Tesla Inc's Semi trucks on Dec. 1, becoming the first company to receive its orders of the much-delayed electric vehicle.

PepsiCo said in a statement that the trucks would be used at its Frito-Lay plant in Modesto, California, and its PepsiCo beverages factory in Sacramento. PepsiCo has been aiming to reduce fuel costs and emissions, and reserved 100 of the trucks in 2017.

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Tesla (TSLA) call put ratio 1 call to 1 put as shares sell off 3%

October 7, 2022 10:31 AM EDT

Tesla (NASDAQ: TSLA) October weekly call option implied volatility is at 67, October is at 75; compared to its 52-week range of 36 to 84 into the expected release of quarter results on October 19. Call put ratio 1 call to 1 put as shares sell off 3%.

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Active options: TSLA AMD AAPL TLRY AMZN NVDA TWTR MSFT DKNG META

October 7, 2022 9:58 AM EDT

Active options: TSLA AMD AAPL TLRY AMZN NVDA TWTR MSFT DKNG META

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Morgan Stanley on NY’s Electric Vehicle Goals: 'Something Has to Give'

October 7, 2022 7:59 AM EDT

The state of New York has announced that, similar to California, all new vehicles sold in the state will be battery electric vehicles by 2035. The plan is aimed at reducing greenhouse gas emissions and represents a key step in achieving NY's target of reducing emissions 85% by 2050. Morgan Stanley, after examining the current state of battery supply chains and EV prices, believes this goal will be difficult to achieve.

As part of the plan, NY is making additional grants and subsidies available to both... More

Pepsi (PEP) to Receive First Tesla (TSLA) Semi Trucks in December

October 7, 2022 7:36 AM EDT

Tesla (NASDAQ: TSLA) CEO, Elon Musk announced Thursday on Twitter (NYSE: TWTR) that the company is starting Semi electric commercial truck production and PepsiCo Inc (NASDAQ: PEP) will get the first deliveries... More

Tesla (TSLA) option implied volatility movement

October 7, 2022 4:57 AM EDT

Tesla (NASDAQ: TSLA) October weekly call option implied volatility is at 77, October is at 75; compared to its 52-week range of 21 to 88 amid Elon Musk headlines to purchase to Twitter (TWTR). Call put ratio 1 call to 1 put into expected release of quarter results on October 19.

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Musk says Pepsi to receive Tesla's first Semi trucks in December

October 6, 2022 8:09 PM EDT

(Reuters) - Tesla Inc is starting Semi electric commercial truck production and PepsiCo Inc will get the first deliveries on Dec. 1, the electric vehicle maker's chief Elon Musk tweeted on Thursday.

When Musk unveiled the prototype of the futuristic, battery-powered Semi in 2017, he said the Class 8 truck would go into production by 2019.

However, the timeline has been pushed... More

Delaware judge halts Twitter (TWTR) court case until Oct. 28 - Bloomberg

October 6, 2022 5:35 PM EDT

Delaware judge halts Twitter (NYSE: TWTR) court case until Oct. 28 - Bloomberg

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Popular stocks increasing volume: TSLA AAPL TWTR NVDA META AMD AMZN

October 6, 2022 3:06 PM EDT

Popular stocks increasing volume: TSLA AAPL TWTR NVDA META AMD AMZN

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Tesla (TSLA) Credit Rating Raised to Investment Grade at S&P Global

October 6, 2022 1:23 PM EDT

Tesla's (NASDAQ: TSLA) credit rating, including the issuer credit rating and issue-level ratings, was raised to investment grade at S&P on Thursday to 'BBB' from 'BB+.'

The firm made the decision to upgrade the electric vehicle giant's rating on its improving production and "solid cash flow... More

UPDATE: Tesla (TSLA) raised to investment grade at S&P

October 6, 2022 12:49 PM EDT

(Updated - October 6, 2022 1:02 PM EDT)

Tesla (NASDAQ: TSLA) raised to investment grade at S&P, to BBB from BB+

Tesla Inc.'s reported production and deliveries for the nine months ended Sept. 30, 2022, were higher than our expectations and the ramp-up in its global capacity appears on track to meet the strong demand for its products into 2023.We now view Tesla's credit profile more favorably because it continues to demonstrate market leadership in electric vehicles (EVs), with solid manufacturing efficiency that supports strong EBITDA margins and sustained positive free operating... More

Tesla (TSLA) call put ratio 1.7 calls to 1 put as shares rally 1.4%

October 6, 2022 9:52 AM EDT

Tesla (NASDAQ: TSLA) October weekly call option implied volatility is at 74, October is at 71; compared to its 52-week range of 36 to 84 into the expected release of quarter results on October 19. Call put ratio 1.7 calls to 1 put as shares rally 1.4%.

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Active options: TSLA AAPL NVDA AMD TWTR AMZN F RIVN META SNAP

October 6, 2022 9:47 AM EDT

Active options: TSLA AAPL NVDA AMD TWTR AMZN F RIVN META SNAP

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Deutsche Bank Adds Tesla (TSLA), 9 Others Stocks to Q4 Fresh Money List

October 6, 2022 7:28 AM EDT

Deutsche Bank added 10 stocks to their Fresh Money List for Q4:

Armstrong World (NYSE: AWI)
BJ's Wholesale Club (NYSE: BJ)
Eaton (NYSE: ETN)
FactSet (NYSE: FDS)
Graphic Packaging (NYSE: GPK)
Prologis (NYSE: PLD)
Restaurant Brands (NYSE: QSR)
R1 RCM (NASDAQ: RCM)
Star Bulk Carriers (NASDAQ: SBLK)
Tesla (NASDAQ: TSLA)

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Bernstein's Impression of Tesla's (TSLA) Optimus Robot: 'Why Humanoid?'

October 6, 2022 7:25 AM EDT

Tesla Inc (NASDAQ: TSLA) featured their newest Optimus prototype at the companys AI day on September 30th. Two models were shown of the humanoid robot, a walking prototype Bumble-C for internal development, and a near-production version, which is intended for commercial release in the future.

Bernstein analyst Jay Huang gave his first impression of the Optimus in a note, writing, Optimus... More

Mizuho Cuts Price Target on Tesla (TSLA)

October 6, 2022 7:05 AM EDT

Mizuho Securities reiterated a Buy rating on Tesla (NASDAQ: TSLA) and lowered the price target to $370.00 (from 391.67) following the release of the electric vehicle companys September delivery numbers.

Teslas deliveries were 42% to 343.8k units compared to the same time last year. However, the company... More

Musk Failed to Convince Twitter (TWTR) to Lower the Deal Price - Reports

October 6, 2022 5:44 AM EDT

Elon Musks representatives contacted Twitter (NYSE: TWTR) weeks ago and sought a 30% discount on the agreed price of $54.20 per share, the New York Times reported.

Twitter dismissed such a request and subsequent proposals from Musk to cut the deal price by 10%. Ultimately, Musk gave in and committed to completing the deal at the original price, just days before his deposition was supposed to take place. Eventually, Tesla (NASDAQ:... More

Tesla (TSLA) October option IV amid price movement

October 6, 2022 5:24 AM EDT

Tesla (NASDAQ: TSLA) October weekly call option implied volatility is at 69, October is at 73; compared to its 52-week range of 21 to 88 amid Elon Musk headlines to purchase to Twitter (TWTR). Call put ratio 1 call to 1 put into expected release of quarter results on October 19.

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