Tesla (TSLA) Closes Flagship Showroom in Beijing

Tesla (TSLA) Gains Approval for Southfield R&D/Repair Facility

Electric vehicle giant, Tesla Inc. (NASDAQ: TSLA) has received approval from Michigan's City of Southfield to expand a building for a research development and repair facility.

The city recently updated its zoning ordinance to allow for "this type of use," Southfield Planning... More

Tesla’s (TSLA) Chinese Deliveries Slip in October Following Record Highs

Teslas (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

Shares 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

Bernstein 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) 30-day option implied at 54

Tesla (NASDAQ: TSLA) 30-day option implied is at 54; compared to its 52-week range of 49 to 84.

Tesla closes its first showroom in China in retail strategy shift - sources

SHANGHAI/BEIJING (Reuters) -Electric vehicle giant Tesla has closed what had been its flagship showroom in China, a move sources described as one aimed at paring retail costs in its second-largest market.

Tesla confirmed the closure of the showroom in Beijing's upscale downtown shopping centre Parkview Green to Reuters on Wednesday. It said it had relocated the store to another mall called Raffles City. That showroom was opened in mid-October and is smaller than the original two-floor showroom in Parkview Green.

Two people with knowledge of the matter previously said Tesla had shut the Parkview Green... More

Tesla plans mass production start for Cybertruck - Reuters

Tesla plans mass production start for Cybertruck - Reuters

Cathie Wood's ARK Making a Big Bet on Elon Musk Again... This Time With Twitter

Cathie Wood, known for her big bullish bet on Tesla (NASDAQ: TSLA), is rolling the dice on Elon Musk again, this time with his latest venture... Twitter.

Wood's ARK owns shares of the private company Twitter via ARK Ventures after Musk took the company private in a $44 billion deal on Friday. The firm said it has "high conviction" in Musks ability to transform the social media... More

Tesla (TSLA) to Bring Workers from China to Boost Production in Fremont

A 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 (TSLA) 30-day option implied at 54

Tesla (NASDAQ: TSLA) 30-day option implied is at 54; compared to its 52-week range of 49 to 84.

Active options: TSLA SOFI AAPL AMZN UBER NKLA META AMD

Active options: TSLA SOFI AAPL AMZN UBER NKLA META AMD

SpaceX launches first Falcon Heavy mission since 2019 from Florida

By Joey Roulette

(Reuters) -SpaceX's Falcon Heavy, the world's most-powerful active rocket, lifted off on Tuesday for the first time in more than three years through dense fog at Florida's Cape Canaveral, with Elon Musk's company sending satellites into orbit for the U.S. Space Force.

The rocket system, consisting of three Falcon 9 boosters strapped side-by-side, took off from a SpaceX launch pad, with two satellites from the Space Force and a group of smaller satellites bound for orbit. The Space... More

Uber, Pfizer, Tesla, Carvana Rise Premarket; Eli Lilly Falls

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Tuesday, November 1st. Please refresh for updates.

Uber (NYSE: UBER) stock soared 10.4% after the ride-hailing firm forecast fourth quarter operating profit above expectations, betting on rising demand for its rides as customers resume spending more on travel and... More

Tesla (TSLA) Plans Mass Production of Cybertruck by End of 2023

According to an exclusive story by Reuters today, citing two people familiar with the matter, Tesla (NASDAQ: TSLA) is planning to start mass production of its Cybertruck at the end of 2023.

Tesla said last month that it was working on readying its Austin, Texas plant to build the new model with early production set to start in the... More

Tesla crash trial in California hinges on question of 'man vs machine'

By 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

In 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

Tesla (NASDAQ: TSLA) 30-day option implied is at 55; compared to its 52-week range of 49 to 84.

Elon Musk Is The CEO Of Post-merger Company After Twitter Deal - Filing

Elon Musk Is The Chief Executive Officer Of Post-merger Company After Twitter Deal - Filing

Elon Musk Reached Out To Eu Chief Breton Last Weekend To Assure Content Policing Compliance - Reuters

Elon Musk Reached Out To Eu Chief Breton Last Weekend To Assure Content Policing Compliance - Reuters

Tesla, Apple, Petrobras Fall Premarket; Wynn Resorts Rises

By 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)

Tesla (NASDAQ: TSLA) Held Talks with Glencore About Buying 10-20% Stake - FT (earlier)

Elon Musk Fires Entire Twitter Board, Becomes Sole Director

Elon 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

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

By Scott Kanowsky

Investing.com -- Tesla Inc (NASDAQ: TSLA) has been in talks with Glencore PLC (LON: GLEN) over the electric carmaker potentially... More