Morgan Stanley reiterates Overweight on Tesla (TSLA) as EV market faces pressure
- Stocks and yen struggle as tech troubles weigh
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
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- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
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Tesla (TSLA) denies reports of output cuts; replies 'false news'
December 5, 2022 1:34 PM ESTMonday 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
December 5, 2022 6:57 AM ESTA 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'
December 2, 2022 1:32 PM ESTShares 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
December 2, 2022 8:25 AM ESTElectric 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
Dow futures down 55 pts; caution ahead of payrolls
December 2, 2022 7:13 AM ESTBy Peter Nurse   Â
Investing.com -- U.S. stocks are seen opening slightly lower Friday, ending a generally positive week in a cautious mood ahead of the release of the key monthly U.S. employment report.
At 07:00 ET (12:00 GMT), the Dow Futures contract was down 55 points, or 0.2%, S&P 500 Futures traded 3 points, or 0.1%, lower and Nasdaq 100 Futures dropped 16 points, or 0.1%.
The major averages have headed higher this week, boosted by Federal Reserve Chair Jerome Powell signaling a smaller half-percentage point interest rate hike... More
Active options: TSLA AAPL AMZN META NFLX NVDA AMD CRM XPEV
December 1, 2022 9:54 AM ESTActive options: TSLA AAPL AMZN META NFLX NVDA AMD CRM XPEV
... MoreTesla (TSLA) recalls 435,000 EVs in China over marker light issue
December 1, 2022 8:20 AM ESTAccording to a Chinese regulatory body Tesla (NASDAQ: TSLA) will issue software updates for more than 435,000 vehicles in China to fix an issue with side marker lights that could in extreme circumstances lead to a collision. The fix, which counts as a recall, covers... More
Morgan Stanley Bullish on Tesla (TSLA) heading in to 'disappointing year for EVs'
December 1, 2022 7:34 AM ESTShares of electric vehicle maker, Tesla Inc. (NASDAQ: TSLA) are up 0.28% in pre-market trading on Thursday after Morgan Stanley reiterated an Outperform rating and $330.00 price target. Analyst, Adam Jonas believes that 2023 is shaping up to be a disappointing year for EVs.
Jonas wrote in a note, 2023 is setting up to be a narrative changing year as EV sales growth decelerates significantly from 68% YTD to as little as 15 to 20% growth next year. At... More
Musk set to finally take wraps off Tesla truck - to tough crowd
December 1, 2022 6:09 AM ESTBy Hyunjoo Jin
SAN FRANCISCO (Reuters) - Tesla is set to unveil on Thursday its long-delayed Semi, a 18-wheeler heavy duty vehicle that has faced skepticism from industry experts who doubt battery electric trucks can take the strain of hauling hefty loads for hundreds of miles.
The launch marks the electric carmaker's first foray into the trucking business as U.S. President Joe Biden's administration is set to offer a generous $40,000 tax credit for clean commercial vehicles.
At the unveiling event in Tesla's battery factory in Nevada, analysts will look for details such as pricing,... More
Tesla (TSLA) is planning a massive output out of Giga Texas in Q1 2023 - electrek
November 30, 2022 5:07 PM ESTTesla (NASDAQ: TSLA) is planning a massive output out of Giga Texas in Q1 2023 - electrek
... MoreActive options: TSLA AAPL AMZN BABA META NIO XPEV NVDA AMD
November 30, 2022 3:10 PM ESTActive options: TSLA AAPL AMZN BABA META NIO XPEV NVDA AMD
... MoreEU warns Musk that Twitter faces ban over content moderation -FT
November 30, 2022 1:02 PM EST(Reuters) - The European Union has threatened Elon Musk's Twitter with a ban unless the billionaire abides by its strict rules on content moderation, setting up a regulatory battle over the future of the social media platform, the Financial Times reported on Wednesday.
EU industry chief Thierry... More
EU warns Musk that Twitter faces ban over moderation - FT
November 30, 2022 12:49 PM ESTEU warns Musk that Twitter faces ban over moderation - FT
... MoreBYD 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
Active options: TSLA NIO AAPL BABA AMZN XPEV CRWD NVDA AMD
November 30, 2022 10:07 AM ESTActive options: TSLA NIO AAPL BABA AMZN XPEV CRWD NVDA AMD
... MoreWorkday, Boeing, Tesla and Airbnb rise premarket; Crowdstrike falls
November 30, 2022 8:18 AM ESTBy Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Wednesday, November 30th. Please refresh for updates.
Crowdstrike (NASDAQ: CRWD) stock slumped 17% after the cybersecurity company disappointed with its outlook for the current quarter, as new revenue growth was weaker than... More