Tesla (TSLA) PT Raised to $325 at BofA Securities

Tesla (TSLA) Releases Software Update

Electric vehicle maker, Tesla Inc. (NASDAQ: TSLA) released software update 2022.40.1 over the weekend, introducing improvements to Sentry Mode, Dog Mode, charging, radio stations, and driver door unlock mode.

The update started rolling out on Saturday with the latest version helping to improve the vehicles efficiency while Supercharging. If you choose to charge at a non-Tesla DC fast charger, the update should speed up the session there as well. This is because Tesla... More

RBC Capital Defending Tesla (TSLA) Amid 5% China Price Cuts: 'we are a bit less concerned than bears and believe this can help stimulate demand in China'

RBC Capital analyst Joseph Spak reiterated an Outperform rating and $325.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Bearishness on TSLA has increased primarily on demand in China and the specter of price cuts. That has now occurred as the... More

Top EV Companies Prepare to Spend Nearly $1.2 Trillion Through 2030

An exclusive report by Reuters today shows that the worlds top electric vehicle makers are prepared to spend nearly $1.2 trillion through 2030 to develop and produce electric vehicles, along with the batteries and raw materials to support production.

Reuters compiled public data and projections released by these companies to show that the EV investment figures dwarf previous investment estimates by analysts and is more than twice the most recent calculation published by the site just a year ago. Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production, according to the... More

Tesla's Musk says recession could last until 2024

By Akash Sriram and Hyunjoo Jin

(Reuters) -Tesla Inc Chief Executive Elon Musk thinks a recession will last until the spring of 2024, he tweeted on Friday, after saying earlier this week that "a recession of sorts" in China and Europe was weighing on demand for its electric cars.

"Just guessing, but probably until spring of '24," Musk said on Twitter after a user asked him how long the recession would last. It was not clear if Musk was talking about a global recession or expanding on the comment on China and Europe he made on Wednesday.

UPDATE: Tesla (TSLA) PT Raised to $85 at Roth Capital

(Updated - October 20, 2022 8:39 AM EDT)

Roth Capital analyst Craig Irwin raised the price target on Tesla (NASDAQ: TSLA) to $85.00 (from $83.33) while maintaining a Neutral rating.

The analyst comments "The 3Q22 revenue miss for Tesla was disappointing in the context of successful... More

Tesla, Alcoa. Ericsson Fall Premarket; AT&T, IBM, American Airlines Rise

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, October 20th. Please refresh for updates.

Tesla (NASDAQ: TSLA) stock fell 4.8% after the electric car manufacturer admitted it was unlikely to reach its delivery targets this... More

Shareholder Group Calls for Tesla (TSLA) to Link Executive Pay to ESG Metrics

Shares of Tesla, Inc. (NASDAQ: TSLA) are down 4.69% in pre-market trading on Thursday after Retail activist shareholder platform Tulipshare called on the electric vehicle company to tie its executive pay to environmental, social and governance (ESG) factors. The activist group said it... More

Dow Futures Rise 110 Pts; Disappointing Tesla Results to Weigh on Tech Sector

By Peter Nurse

Investing.com -- U.S. stocks are seen opening largely higher Thursday, but the tech sector is likely to underperform on the back of rising Treasury yields and disappointing results from Tesla (NASDAQ: TSLA).

At 07:00 ET (11:00 GMT), the Dow Futures contract was up 110 points, or 0.4%, S&P 500 Futures traded 7 points, or 0.2%, higher, while Nasdaq 100 Futures traded essentially flat.

The main U.S. equity indices closed lower Wednesday, snapping an impressive two-day rally, with the blue-chip Dow Jones Industrial Average dropping 100 points, or 0.3%.... More

Tesla (TSLA) PT Lowered to $205 at Cowen

Cowen analyst Jeffrey Osborne lowered the price target on Tesla (NASDAQ: TSLA) to $205.00 (from $244.00) while maintaining a Market Perform rating.... More

Tesla (TSLA) PT Lowered to $355 at Deutsche Bank

Deutsche Bank analyst Emmanuel Rosner lowered the price target on Tesla (NASDAQ: TSLA) to $355.00 (from $390.00) while maintaining a Buy rating.... More

Tesla (TSLA) PT Lowered to $300 at Wedbush

Wedbush analyst Daniel Ives lowered the price target on Tesla (NASDAQ: TSLA) to $300.00 (from $360.00) while maintaining a Outperform rating.... More

Wall Street ends lower as Fed worries outweigh earnings

By Chuck Mikolajczak

NEW YORK (Reuters) - U.S. stocks closed lower on Thursday as data on the labor market and comments from a U.S. Federal Reserve official reinforced expectations the central bank will be aggressive in hiking interest rates outweighed a flurry of solid corporate earnings.

Stocks initially rose early in the session, boosted by gains in names such as IBM, up 4.73% after the IT services company beat quarterly earnings estimates on Wednesday and said it expects to exceed full-year revenue growth targets. AT&T Inc surged 7.72% upon raising its annual profit forecast.

Tesla (TSLA) Sinks After Revenue Miss, Analysts Increasingly More Cautious

Shares of Tesla (NASDAQ: TSLA) are down about 6% in pre-market Thursday after the electric vehicle (EV) giant reported mixed Q3 results.

The company reported Q3 EPS of $1.05, higher than the analyst estimate of $1.03. Revenue rose 56% to $21.45 billion, falling short of the average analyst estimate of $22.5 billion.

Tesla blamed mixed results on the FX headwinds, higher raw materials, and logistics costs, as well as struggles in getting Berlin and Texas up to speed. As a result, the companys CFO Zach Kirkhorn said on the earnings call that Tesla will miss its 2022 target of... More

Stocks expected to have increasing option volume: TSLA LVS IBM AA AAL

Stocks expected to have increasing option volume: TSLA LVS IBM AA AAL

Active options: TSLA NFLX AAPL AMZN AMD NIO NVDA SNAP META

Active options: TSLA NFLX AAPL AMZN AMD NIO NVDA SNAP META

Tesla (TSLA) PT Lowered to $288 at Wolfe Research

Wolfe Research analyst Rod Lache lowered the price target on Tesla (NASDAQ: TSLA) to $288.00 (from $360.00) while maintaining a Outperform rating.... More

Tesla (TSLA) PT Lowered to $300 at Mizuho Securities

Mizuho Securities analyst Vijay Rakesh lowered the price target on Tesla (NASDAQ: TSLA) to $300.00 (from $370.00) while maintaining a Buy rating.... More

Tesla (TSLA) PT Lowered to $325 at RBC Capital

RBC Capital analyst Joseph Spak lowered the price target on Tesla (NASDAQ: TSLA) to $325.00 (from $340.00) while maintaining a Outperform rating.... More

After-Hours Movers: Alcoa, Tesla Fall Following Earnings, IBM Gains

After-Hours Stock Movers:

Alcoa (NYSE: AA) 7% LOWER; reported Q3 EPS of ($0.33), $0.52 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $2.85 billion versus the consensus estimate of $3.01 billion.

WD-40 Co. (NASDAQ:... More

Tesla (TSLA) Falls Following Mixed Q3

Tesla (NASDAQ: TSLA) shares fell 4% after-hours Wednesday following mixed results for the third quarter. The EV maker beat on the bottom line but missed on the top line.

Tesla reported Q3 EPS of $1.05, $0.02 better than the analyst estimate of $1.03. Revenue rose 56% to $21.45 billion versus... More

Tesla seeks to ease demand concerns over likely 2022 delivery target miss

By Hyunjoo Jin and Akash Sriram

(Reuters) - Tesla Inc said on Wednesday it expected to miss its vehicle delivery target this year, but downplayed concerns about softening demand after its revenue missed Wall Street estimates.

Chief Executive Elon Musk told analysts on a conference call there was excellent demand in the fourth quarter, addressing investors' concerns that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.

But Tesla said some logistics challenges would persist, with fourth-quarter deliveries growing by less than 50% while production rose 50%.

"I wouldn't say we're... More

Tesla (TSLA) Tops Q3 EPS by 2c

Tesla (NASDAQ: TSLA) reported Q3 EPS of $1.05, $0.02 better than the analyst estimate of $1.03. Revenue for the quarter came in at $21.45 billion versus the consensus estimate of $22.5 billion.

For earnings history and earnings-related data on Tesla (TSLA) click here.