Exclusive-Tesla readies revamped Model 3 with project 'Highland' -sources
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BYD tops the charts in China; Tesla doubles sales
November 30, 2022 12:00 PM ESTBrokerage data from China Merchants Bank International (CMBI) showed BYD as the top-selling brand in China in the first four weeks of November, outperforming Volkswagen. The reversal highlights the pressure on legacy brands in the world's largest auto market.
Teslas (NASDAQ:... More
Ford (F) builds 150,000th Mustang Mach-E
November 30, 2022 11:51 AM ESTFord (NYSE: F) announced Wednesday that the company has produced its 150,000th Mustang Mach-E since starting production nearly two years ago. As the company scales EV production, almost all of Mustang Mach-Es growth to date is coming from customers replacing an internal combustion vehicle with electric, proving that Ford is creating electric vehicles that meet broad customer needs.
Strong demand for the Mach-E has propelled Ford... More
Bernstein reiterates Underperform: attributes Tesla (TSLA) decline to investor concern
November 29, 2022 7:47 AM ESTShares of Tesla (NASDAQ: TSLA) are up 1.72% in pre-market trading on Tuesday after Bernstein reiterated an Underperform rating on the stock with a $150.00 price target. TSLA has underperformed by 41% since October 1 and is now down 48% YTD. Analyst Toni Sacconaghi believes that the principal driver behind the electric vehicle companys recent pullback is... More
Morgan Stanley's Tesla (TSLA) Twitter survey shows investors are concerned
November 28, 2022 5:00 PM ESTMorgan Stanley reiterated an Overweight rating on Tesla (NASDAQ: TSLA) after conducting an investor survey concerning CEO Elon Musks involvement with Twitter. According to analyst Adam Jonas, the result of the survey reinforces Morgan Stanleys views that Musks handling of Twitter has contributed to negative sentiment momentum in Tesla shares and could drive some degree of adverse downside skew to Tesla fundamentals. Jonas sees the potential downside as a window of buying opportunity.
The... More
Tesla (TSLA) readies revamp of Model 3
November 28, 2022 9:19 AM ESTAccording to a report by Reuters on Monday, American electric vehicle maker, Tesla (NASDAQ: TSLA) is developing a revamped version of the companys model 3. The EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan.
According to four people with knowledge of the situation, one focus of the redesign is to reduce the number of components and complexity in the interior of the Model 3 while focusing on features that Tesla... More
