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

December 5, 2022 1:34 PM EST

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

December 5, 2022 6:57 AM EST

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'

December 2, 2022 1:32 PM EST

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