Tesla (TSLA) Plans Mass Production of Cybertruck by End of 2023
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Tesla’s (TSLA) Chinese Deliveries Slip in October Following Record Highs
November 3, 2022 7:59 AM EDTTeslas (NASDAQ: TSLA) China deliveries fell in October after reaching record highs the month before. According to Chinas Passenger Car Association, the company shipped 71,704 cars from its Shanghai plant. Thats up from a year ago, but down from a record high of 83,135... More
Ford (F) Releases October Sales Numbers: EV Segment Jumps 2.2% YoY
November 2, 2022 10:15 AM EDTShares of Ford Motor Company (NYSE: F) are down 1.04% in early trading on Wednesday after the company released their sales numbers from the month of October. The American automaker reported 158,327 vehicles sold, 6,261 of which were electric models.
According to data released by the company, Fords October share of the electric vehicle segment was up 2.2 percentage points... More
Bernstein Reiterates Underperform Following Tesla (TSLA) Software Valuation
November 2, 2022 7:42 AM EDTBernstein reiterated an Underperform rating and $150.00 price target on Tesla Inc. (NASDAQ: TSLA) following an analysis of the companys software value. Analyst, Toni Sacconaghi sought to weigh-in to an ongoing debate about whether or not Tesla should be valued as a tech/software company or an auto manufacturer.
Tesla has two main sources of automotive software revenue today. First is deferred revenue recognition from software updates, which amounted to $48M last quarter, or ~$5/month per car in the installed base. Wrote Sacconaghi. The second source of software... More
Tesla (TSLA) Closes Flagship Showroom in Beijing
November 2, 2022 7:16 AM EDTAccording to a report by Reuters, citing people familiar with the matter, Tesla (NASDAQ: TSLA) has closed the companys flagship showroom in Beijing, China. The Beijing showroom was in Parkview Green, an upscale downtown shopping center. A member of the mall's staff confirmed to Reuters during a visit to the site on Wednesday that Tesla had shut the showroom.... More
Tesla (TSLA) to Bring Workers from China to Boost Production in Fremont
November 1, 2022 1:36 PM EDTA story by Bloomberg today, citing people familiar with the plans, reports that electric vehicle giant Tesla (NASDAQ: TSLA) is sending engineers and production staff from its recently upgraded Shanghai factory to its plant in Fremont, California. Tesla believes that the move is necessary to boost production at the US facility.
The carmaker will dispatch... More
Tesla crash trial in California hinges on question of 'man vs machine'
November 1, 2022 6:05 AM EDTBy Hyunjoo Jin
(Reuters) - A manslaughter trial set to begin in Los Angeles for a fatal crash caused by a Tesla operating on Autopilot presents a first-of-its kind test for the legal responsibility of a human driver in a car that was partly driving itself, legal experts say.
The trial, set to begin Nov. 15, comes as civil cases head to trial next year over accidents involving Teslas Autopilot and adds to scrutiny of a system that Tesla co-founder Elon Musk has touted as a step to fully autonomous driving.
Critics say Tesla's claims and... More
Elon Musk Becomes Twitter CEO, Co-founder Jack Dorsey Rolls Over $1 Billion Stake
November 1, 2022 5:59 AM EDTIn a filing published yesterday, Tesla (NASDAQ: TSLA) and SpaceX CEO Elon Musk said he will serve as Twitters new Chief Executive after completing the buyout late last week. Musk also runs brain-chip startup Neuralink and tunneling firm the Boring Company.
Musk previously fired the entire Twitter board and... More
Tesla (TSLA) option implied as shares near low end of range
November 1, 2022 5:26 AM EDTTesla (NASDAQ: TSLA) 30-day option implied is at 55; compared to its 52-week range of 49 to 84.
... MoreElon Musk Is The CEO Of Post-merger Company After Twitter Deal - Filing
October 31, 2022 5:35 PM EDTElon Musk Is The Chief Executive Officer Of Post-merger Company After Twitter Deal - Filing
... MoreRivian (RIVN) Pushes Deliveries of Models with Max Pack until 2024
October 31, 2022 12:59 PM EDTA twitter account dedicated to Electric Vehicle news and reviews posted a screen capture of an email late last week. The email was received by a Rivian (NASDAQ: RIVN) R1T quad-motor Max Pack reservation holder and announces that the R1T electric... More
Elon Musk Reached Out To Eu Chief Breton Last Weekend To Assure Content Policing Compliance - Reuters
October 31, 2022 8:59 AM EDTElon Musk Reached Out To Eu Chief Breton Last Weekend To Assure Content Policing Compliance - Reuters
... MoreTesla, Apple, Petrobras Fall Premarket; Wynn Resorts Rises
October 31, 2022 8:22 AM EDTBy Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Monday, October 31st. Please refresh for updates.
Tesla (NASDAQ: TSLA) stock fell 1.1% after the Financial Times reported that the electric car maker has been in talks with Glencore... More
Tesla (TSLA) Held Talks with Glencore About Buying 10-20% Stake - FT (earlier)
October 31, 2022 7:46 AM EDTTesla (NASDAQ: TSLA) Held Talks with Glencore About Buying 10-20% Stake - FT (earlier)
Talks ended with no deal reached... More
Elon Musk Fires Entire Twitter Board, Becomes Sole Director
October 31, 2022 7:00 AM EDTElon Musk. CEO of Tesla (NASDAQ: TSLA) and SpaceX, is now the sole director of Twitter. Todays filings show that Musk fired the entire board of Twitter and is now listed as a sole director.
On October 27, 2022, and as a result of the consummation of the... More
European Stocks Edge Lower; Eurozone CPI Data Looms Large
October 31, 2022 5:05 AM EDT
By Peter Nurse
Investing.com - European stock markets edged lower Monday, with investors digesting weak Chinese factory activity data and a surprise bounce in German retail sales, ahead of the release of key Eurozone inflation data.
At 04:50 ET (08:50 GMT), the DAX futures contract in Germany traded 0.1% lower, CAC 40 futures in France dropped 0.4% and the FTSE 100 futures contract in the U.K. fell 0.2%.
Chinese manufacturing activity unexpectedly shrank in October, with the official purchasing managers index falling to 49.2, from Septembers reading of 50.1, data showed earlier... More
Glencore Shares Slip as Tesla Reportedly Eyes Potential Stake Purchase
October 31, 2022 4:57 AM EDTBy Scott Kanowsky
Investing.com -- Tesla Inc (NASDAQ: TSLA) has been in talks with Glencore PLC (LON: GLEN) over the electric carmaker potentially... More
Ford (F) PT Lowered to $21 at Benchmark
October 28, 2022 6:21 AM EDTBenchmark analyst Michael Ward lowered the price target on Ford (NYSE: F) to $21.00 (from $23.00) while maintaining a Buy rating.
The analyst comments "Ford reported 3Q 2022 earnings of $0.30 per share compared with earnings $0.51 per share in the 2021 period and our estimate for earnings of $0.25... More
'The Bird is Freed': Elon Musk Now Owns Twitter (TWTR); Fires CEO and CFO
October 28, 2022 5:12 AM EDTElon Musk, CEO of Tesla (NASDAQ: TSLA) and SpaceX, is now in charge of Twitter (NYSE: TWTR), according to multiple reports. His Twitter bio now reads Chief Twit.
At 11:49 PM EST on Thursday, Musk tweeted the bird is... More
Active options: META TSLA AAPL AMZN NVDA TWTR MSFT F SHOP
October 28, 2022 4:17 AM EDTActive options: META TSLA AAPL AMZN NVDA TWTR MSFT F SHOP
... More
