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Tesla (TSLA) denies reports of output cuts; replies 'false news'

Monday morning saw reports, citing people familiar with the matter, claiming that the electric vehicle giant, Tesla (NASDAQ: TSLA) would be cutting production of the Model Y at the companys shanghai location. However, the automaker has come out saying that the claims were... More

Tesla (TSLA) cuts December Model Y output at Shanghai plant

A report by Bloomberg on Monday, citing people with knowledge of the situation, claims that Tesla (NASDAQ: TSLA) plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month.

According to the... More

Morningstar reiterates $250 FVE on Tesla (TSLA); says stock is 'undervalued'

Shares of Tesla (NASDAQ: TSLA) are down 1.57% in mid-day trading on Friday after Morningstar released a report reiterating a $250 fair value estimate on the company. Analyst Seth Goldstein views the shares as currently undervalued, with the stock trading in four-star territory.

Goldstein... More

Tesla (TSLA) delivers first EV Semi-truck; no update on output or pricing

Electric vehicle giant, Tesla (NASDAQ: TSLA) delivered the companys first heavy-duty Semi on Thursday to PepsiCo (NASDAQ: PEP) without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.

CEO, Elon Musk appeared... More

Morgan Stanley reiterates Overweight on Tesla (TSLA) as EV market faces pressure

Shares of Tesla (NASDAQ: TSLA) are up 0.36% in pre-market trading on Friday after Morgan Stanley reiterated an Overweight rating and $330.00 price target for the company. Analyst, Adam Jonas believes that the electric vehicle company, along with all EV makers, may face downward pressure as demand for electric vehicles slows.

However, a report from Morgan Stanleys s commodities strategists and a cross-sector team of equity analysts found that, as EV demand slows,... More